Hoboken Real Estate Report – Condo Market – December 1
December 5, 2011 by admin
Filed under Blog, Gold Coast, Hudson, Income Property
In the Hoboken condo market, as expected, there was a significant drop in sales volume during November as there is on any other given year. Typically, the end of the summer is rampant, but showings typically taper off in September, an indication on November closed sales. Remember, if you take November closings, these are the [...]
Short Sale scam cheats banks, sellers?? Really??
June 8, 2011 by admin
Filed under Income Property
I felt compelled as a real estate investor to write a response to a recent couple of articles I have read. My practice is in New Jersey and Florida and most of you know my reasons and business ties. I am a typical residential real estate agent, commercial broker of multi-family, and a real estate [...]
Apartment Complex Investors – Multi Family Residential
May 9, 2011 by admin
Filed under Blog, Condo Buildings, Income Property
As the Northern New Jersey housing market works into its final stages of finding the bottom in many sub-markets, more and more demand for rental units continue to heat up. Challenging home financing requirements, foreclosed / short sale homeowners who are pretty much forced to rent, and preference of lowering personal living expenses are just [...]
Distressed Apartment Complex for sale | FL
November 8, 2010 by admin
Filed under Blog, Business & Finance, Income Property
Click here to read about investing in New Jersey Apartment Complexes for sale. Updated on 4/21/2011: (Watch our video below for some Q1 2011 Apartment news) Our current inventory includes a Class C multifamily residential fractured complex in Ft. Lauderdale, Florida. This complex consists of 255 total units where 241 are available for the bulk [...]
NJ Multi-Family Bargain of the week| Income Property
November 2, 2010 by admin
Filed under Hudson, Income Property, NJ Suburbs
November 4, 2010 Multi-Family Income Investment Opportunity of the Week: Our deal of the week lands in Morristown, NJ. This is a 5-Family home with a walking distance location to “The Green” and the downtown sector. The rent roll is solid and income is very good for investor oriented buyers. Here are some numbers on the building. [...]
Buying a Distressed Fractured Condo Building
June 30, 2010 by admin
Filed under Business & Finance, Income Property
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
Filed under Blog, Business & Finance, Income Property
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 [...]
Out of state Income Property | Smoky Mountain Resort | Developer Guarantee Leaseback
June 21, 2010 by admin
Filed under Income Property
Developer Guaranteed Income of 15% As many are aware, we love to explore out of the box for income real estate opportunity. During a trip to Sterling Springs Resort in the Gaitlinburg area of Tennessee at the beginning of the year, I noticed a glaring problem with availability. The resort is 5 star and one [...]
Unlisted for Private Sale: 2 Four-Family Homes, Historic Morristown
April 6, 2010 by admin
Filed under Income Property, Suburbs
Great for INVESTOR / HOMEOWNER With an occupancy rate of nearly 100% over the last 12 years, these 4-Family Homes present a perfect opportunity for any homeowner or investor. Due to the current owner being an owner occupant, he has taken tremendous care to preserve the utmost value for these homes located in the beautiful [...]
NJ Multi-Family Income Property of the day
October 13, 2009 by admin
Filed under Hudson, Income Property
As I was browsing potential investment property for a client today, I came across a building that I though I should share. I am seeing a few of similar deals out there, so if you are looking for investment property in northern NJ, we are on the pulse of things. Our Income Property of the [...]