Income Property
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 [...]
Out of state Income Property | Smoky Mountain Resort | Developer Guarantee Leaseback
June 21, 2010 by admin · Leave a Comment
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 of [...]
Unlisted for Private Sale: 2 Four-Family Homes, Historic Morristown
April 6, 2010 by admin · Leave a Comment
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 [...]
NJ Multi-Family Bargain of the week| Income Property
December 17, 2009 by admin · Leave a Comment
Welcome back to our Multi-Family Home of the Week Post. As most of you know, I am a sucker for multi-family home investing. I think in New Jersey, it is easily the quickest way to make a solid return on your invested dollars. Today’s Multi-Family home of the week is in East Orange. Here are [...]
NJ Multi-Family Income Property of the day
October 13, 2009 by admin · Leave a Comment
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 day [...]
NJ Income Property | Investment Multi-Family
September 23, 2009 by admin · 1 Comment
Welcome to New Jersey!! An area where real estate investors have been making money since the stone age. NJ has been a long standing state for income property for a few reasons; Location, Location, Location. New Jersey not only offers a variety of residential real estate, but depending on the area you are looking into, [...]
Buy Lehigh Acres, FL REO Duplexes
September 1, 2009 by admin · Leave a Comment
As you read this article, you may think to yourself, “Now why is a New Jersey website offering Florida property?” Long story short: We own a local Ft. Myers, FL company called My Realty Source where we focus on selling distressed homes and REO foreclosures to homeowners, second homers, and investors. In 2006, I was [...]
Available/Pending /Closed NJREG FLORIDA Income Property
August 7, 2009 by admin · Leave a Comment
As many of you know, we also have a thriving business in Ft. Myers, FL. Inquiries have picked up quite a bit lately as many sources including ourselves are touting the bottom of the Florida real estate market is here or near. Income Property is literally 25% of the value it used to be and [...]
How the foreclosure crisis helps apartment complex investors
June 19, 2009 by admin · Leave a Comment
If anyone like myself is interested in investing in multi-family real estate, chances are you noticed that over 45% of your marketplace is either in Foreclosure, shortsales, or REO’s, excluding certain metro markets like Hoboken. This doesn’t count the millions of others that are in 30 day defaults and likely heading that way. It makes a real [...]