Business & Finance
Buying a Distressed Fractured Condo Building
June 30, 2010 by admin · Leave a Comment
At least in the state of Florida, buying a distressed condo building that is FRACTURED has huge potential for a Value Add investment. In short, a Fractured Condo Building for example is a 50 unit building where currently 10 are owned by individual owners that may or may not be current on their mortgage and [...]
Investment / Income Real Estate News
June 21, 2010 by admin · Leave a Comment
New Jersey Real Estate Guys also owns a very popular real estate firm in Ft. Myers, FL. Aside from general real estate, we pride ourselves on diversification in our customers portfolios by becoming diverse property owners. In a lot of areas today, buying real estate is favorable given the market conditions regarding pricepoints and rental [...]
Why 2011 will be a HUGE real estate year
June 15, 2010 by admin · 1 Comment
UPDATE:
It’s been less than 24 hours since I wrote this article. Early this morning the new PNC Financial projections came out, strengthening my opinion for a strong rebound over the next 12 months. Let me retract “strong” and replace it with words like “satisfying”, “better than nothing”, or “shit, I’ll take anything”. Here’s some captions….Continue [...]
Legalizing Gambling at the New Meadowlands? Thoughts?
May 27, 2010 by admin · Leave a Comment
Let’s imagine the New Meadowlands in 2015. Over the last few years, the biggest controversial project to go up was Xanadu. Recently renamed “Meadowlands” by newest savior Steve Ross of Related Group, the Meadowlands is due for some major visual changes. First, is the demolition of the old Giants Stadium. Next, in my opinion would [...]
Need to Short Sell your home fast, effectively, and risk mitigated?
May 10, 2010 by admin · 1 Comment
As many of our readers know, NJREG has a reknown real estate investment firm in Southwest Florida. Our primary focus, currently, is buying REO and distressed assets for ours and our investors real estate holdings portfolio in New Jersey and the tri-state area. Located in the Florida market for nearly 10 years, we have made huge strides [...]
2010 Predictions
December 31, 2009 by admin · 5 Comments
Once the cobwebs clear and I am back in work mode on January 1-2, I will be giving a complete update on how our local housing markets have fared since 2008. It will be called “New Jersey State of the Market”. It should be quite interesting to see some of the charts that we will [...]
Homebuyer Tax Credit Extension? UPDATE…APPROVED!
November 2, 2009 by admin · 5 Comments
As predicted by NJ Real Estate Guys, the Homebuyer Tax Credit has been extended through April, 2010. The senate voted last night to put a halt to any changes and add-ons to the bill so it is now fast – tracked. Here is a summary of what it looks like:
$8000 credit for first time home [...]
Wall Street firm to move 1,600 jobs to Jersey City, N.J
October 12, 2009 by admin · Leave a Comment
New Jersey has issued $90 million in tax incentives to The Depository Trust and Clearing Corp if they move a ton of jobs over the river to New Jersey. The estimated job increase will be 1,600 jobs to the Newport Pavonia section of downtown Jersey City.
Overall, this should help the real estate market clear some [...]
Plenty of bargains on northern NJ multi family homes for sale
October 8, 2009 by admin · 2 Comments
Recently, I have been a huge advocate of first time homebuyers having an open mind to multi-family homes in northern NJ. For the sake of argument, I am going to use Clifton, NJ as my example since my most recent inquiries were for Passaic County.
Let’s assume renters, or you are paying $1,250 for half of [...]
Home Buyer Consultations | First Timers & Everyone else
October 8, 2009 by admin · Leave a Comment
With the volatile nature of the New Jersey real estate market, first time home buyers and non- first time homebuyers must know their current options available to them to maximize their potential home investment. There are many determining factors that everyone needs to take into account.
Do you qualify for the first time home buyer tax credit?
Have you been prequalified for financing [...]
