Fix and Flip Hot Spots in New York City
There are two basic approaches to a fix and flip strategy. The first, which was very popular at the start of this approach to real estate investing, is to purchase a property before the area in general experiences an increase in prices.
A Close Look Into the 2017 Real Estate Housing Market
It is said that generals are always fighting the last war and never preparing for the next one. The same might be said of economists who are taking a dour view of the current robust activity in the real estate housing market nationwide. Rather than evaluating the fundamental causes driving this trend they can only see similarities to the pre-2008 bubble.
What are the Factors Driving Home Sales in Brooklyn?
What’s interesting that sales in the Cobble Hill, Dumbo, and Brooklyn Heights neighborhoods doubled year-over-over in the first quarter from 2016 to 2017 while homes sales in Bedford-Stuyvesant, Crown Heights, Lefferts Gardens, and Bushwick increased by just 7 percent.
Long Island Home Sales Flirting with Record Highs in 2017
The books closed, reluctantly, on the first quarter of 2017. The numbers are in and Long Island home sales continue full steam ahead. Real estate investors itching for their next big project should look no further than the villages and towns of Long Island.
Observing the Commercial Real Estate Market Trends of 2017
The housing market remains strong but what about the national trend of the commercial real estate market? According to most economists, with a rising labor force, a bounding stock market, and a healthy housing industry, the commercial real estate market remains strong.
2017 National Home Sales, Median Price Swell as Inventory Plunges
The housing barometer continues trending upward. Experts contribute 2017 national home sales to factors like the presidential election, a healthy economy, positive employment reports, and a fear of interest rate increases. Whatever the cause, as a whole, the numbers are positive and paint a promising, long-term projection.
New York State Home Sales Surge as Inventory Dwindles
Like it or not, the presidential election sparked a flurry of home-sale activity across New York State. Maybe it’s because he’s of a different political party, or better yet, maybe President Trump’s real estate prowess is behind the uptick. Whatever the cause, the surge continues for New York’s housing landscape.
Discovering Trendy Vacation Upgrades that Attract Renters
Vacation rentals can be a steady source of income, with renters tending to find a place they enjoy and returning year after year with little encouragement. However, “steady” does not mean “automatic”.
Learning the Traits of a Good Real Estate Loan Borrower
When a real estate investor applies for a loan, the underwriter has to make a determination on whether that real estate loan borrower, and the property he intends to finance with a loan, is a good risk. The loan itself is an investment in the borrower as much as it is an investment in the property.
Common Misconceptions About Investing in Real Estate
Novice real estate investors hear many misconceptions about real estate investing. Common misconceptions range from the perception that real estate investing is a quick way to get rich, investing in real estate deals is easy to do, or only the rich can invest.
