Are you looking to buy a multi-family asset in the next three years? All these different things are going to play into your experience as an owner. If you’re not comfortable taking those risks, take a step back and reconsider investing in real estate.
New York, NY
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Whether you are a property owner looking to augment your portfolio or if you’re a tenant looking for a retail space, we’re the people you should call. We try to be on top of things, know where the new things are coming up in the city, and stay ahead of the curve, so that you are always maximizing on your return.
New York, NY
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During a market shift, you can find that opportunities may be more available to you because the prices are a little bit more flexible.
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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.
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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!
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Tenants, did you know about a thing called abatements? Here’s what you need to know.
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I’m going to give you some good tips on where to get the best food.
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What are three tips that I would give to women, who are looking to get into entrepreneurship?
New York, NY
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Here’s what’s a day in my life like as a commercial real estate specialist in Manhattan.
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One of the surest and quickest ways to build wealth is entrepreneurship. It’s able to transform my life.
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