What’s In Demand in New York City Right Now? Part I

What is the current demand in New York City commercial real estate?

I hear it all the time, “commercial real estate is probably dead, no one wants a commercial property in New York.”

Tips to Investors Before Purchasing A Property! Part II

What are the three tips that I would give to an investor before you purchased a property?

If you’ve missed the first two, visit the previous post.

So if you’re looking to invest these are three things that I would say you should do before you get started.

Tips to Investors Before Purchasing A Property! Part I

What are the three tips that I would give to an investor before you purchase a property?

Let’s Talk About Land Use and Zoning!

Let’s talk a little bit about land use and zoning. So if you’re working with an agent, who may not be a commercial real estate specialist or a realtor who has no clear understanding about the neighborhoods that you’re looking at..

What is a Market Shift?

During a market shift, you can find that opportunities may be more available to you because the prices are a little bit more flexible.

Top 2 Investments in New York City Right Now! Part II

What are the top two investments I would recommend to anyone looking to purchase in New York City right now?

If you’ve missed the first one, visit the previous post.

Number two, a retail location. So what do I mean by retail location?

They’re single story retail properties and/or retail condos in New York City. Retail condos are always a valuable asset to have because there’s always a business looking to open a new location and/or there’s always demand if you have a rightly-priced retail asset.

So if you’re an owner and you’re looking to invest in New York City. I would say go about it either by leasing rental apartments and/or leasing commercial real estate retail locations.

Top 2 Investments in New York City Right Now! Part I

What are the top two investments I would recommend to anyone looking to purchase in New York City right now?

Number one, a rental building. Why?

Yes, you’re going to deal with the headaches of tenants and potential loss of income because of rents and all those other things. However the one thing that continuously happens in New York is people always move in and move out of the city.

Rents are at an all-time high right now. So as an investor, if you can get an asset that is affordable, within your budget, and can make sense for you to do minor renovations and/or renovations to get it ready to lease, having a rental property in New York City is a great asset that can build wealth.

Check the next post for the next tip!

Tenants, Let’s Talk About Abatements!

Tenants, did you know about a thing called abatements? Here’s what you need to know.

Here’s My Advice to an Agent Representing a Buyer!

What advice would I give to an agent who may be representing a buyer?

Buyer Beware: Buying Foreclosure Assets!

If you’re purchasing a foreclosure asset, do you know what the details of the property are?