During the recession, construction in New York State slowed down tremendously and there was no known end in sight. However, finally, signs of light are starting to shine through on the construction loan market and are breathing new life into the industry. Not only has lending for multifamily rental buildings, with its steady income flow, been popul...
To some individuals, the idea of buying a home in distress is a turn-off of sorts; however, the truth is, there are some real hidden treasures marked with the signs of "Foreclosure" or "Short sale," and many buyers do themselves a disservice by writing off these opportunities before giving them any thoughtful consideration. Yet some have caught on ...
At the heart of investment real estate is often times the lease. Well-crafted lease agreements can create value for both landlords and tenants, and poorly designed agreements can do just the opposite. Be as careful and thorough as possible when negotiating this real estate contract, because it is exactly that, a contract. Those who fall into bad ti...
QNS.com reported that residents of an apartment complex in Glendale, Queens have complained of odors emanating from the unoccupied units as a result of their landlord's extreme hoarding.An empty first-floor apartment was covered in waste and the basement has been packed with garbage and debris "from floor to ceiling," a resident told QNS.com, addin...
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