• 5 Tips For Buying A Vacation Home 5 Tips For Buying A Vacation Home

    1 comment / Posted on by Steven Rivera

    5 Tips For Buying A Vacation Home

    Summer is unofficially here and you're ready to escape those winter blues. You’re thinking of escaping from it all to a beautiful vacation home, but can you make that dream a reality? Here are some tips for buying a vacation home.

     

    Take Your Time

    Take time to think about exactly what you want. A vacation home is no small investment. It is important to take the time and effort into deciding what you really want and what you can afford. Location is key, especially when it comes to your vacation getaway. Consider the location, imagine yourself returning there at your leisure. When you settle on a location, decide the style home you will need whether its for big family gathering or a quiet getaway.

     

    Consider All Costs

    Remember to keep in mind not only the cost of the property but the cost of upkeep throughout the year, utilities, taxes, community fees and maintenance. Find a number you can comfortably afford and stick to it. Its easy to fall in love with the perfect vacation home but its important to not overspend or it will cause more stress in the long haul.

     

    Do Your Due Diligence

    Do your due diligence when purchasing a vacation home and make sure you research additional fees associated with the property. It is important to do your due diligence so that additional fees are no surprise. Many times there...

    Summer is unofficially here and you're ready to escape those winter blues. You’re thinking of escaping from it all to a beautiful vacation home, but can you make that dream a reality? Here are some tips for buying a vacation home.

     

    Take Your Time

    Take time to think about exactly what you want. A vacation home is no small investment. It is important to take the time and effort into deciding what you really want and what you can afford. Location is key, especially when it comes to your vacation getaway. Consider the location, imagine yourself returning there at your leisure. When you settle on a location, decide the style home you will need whether its for big family gathering or a quiet getaway.

     

    Consider All Costs

    Remember to keep in mind not only the cost of the property but the cost of upkeep throughout the year, utilities, taxes, community fees and maintenance. Find a number you can comfortably afford and stick to it. Its easy to fall in love with the perfect vacation home but its important to not overspend or it will cause more stress in the long haul.

     

    Do Your Due Diligence

    Do your due diligence when purchasing a vacation home and make sure you research additional fees associated with the property. It is important to do your due diligence so that additional fees are no surprise. Many times there...

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  • Real Estate Opportunity on Long Island Real Estate Opportunity on Long Island

    0 comments / Posted on by Steven Rivera

    Real Estate Opportunity on Long Island

    The demand for industrial real estate on Long Island is increasing rapidly according to analysts, developers, and real estate brokers. This demand is caused by the increasing amount of e-commerce businesses which adds more demand for warehouses and factories. Since this demand is so high, the rental value of these buildings is at an all-time high. Due to how crowded the city is, distributors are selling their warehouses in Brooklyn and Queens and are buying on Long Island. This is an opportunity that needs to be acted upon fast.

    The demand for industrial real estate on Long Island is increasing rapidly according to analysts, developers, and real estate brokers. This demand is caused by the increasing amount of e-commerce businesses which adds more demand for warehouses and factories. Since this demand is so high, the rental value of these buildings is at an all-time high. Due to how crowded the city is, distributors are selling their warehouses in Brooklyn and Queens and are buying on Long Island. This is an opportunity that needs to be acted upon fast.

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  • Millennials and Real Estate Investing Millennials and Real Estate Investing

    0 comments / Posted on by Steven Rivera

    Millennials and Real Estate Investing

    There are many ways to plan for retirement. The most valuable method is the one that most people overlook. 401k’s are a great way to save if you have a job that offers one, but what about the people who are their own boss? Real estate investing is a great solution for them. More and more Millennials are shifting into real estate investing as an investment to allow income and maintain freedom. There are no exact stats but Coldwell Banker agent Shannon Crutchfield said she sees a growing number of Millennial investors in the tri-state area. It is a long-term investment so you might as well start early.

    There are many ways to plan for retirement. The most valuable method is the one that most people overlook. 401k’s are a great way to save if you have a job that offers one, but what about the people who are their own boss? Real estate investing is a great solution for them. More and more Millennials are shifting into real estate investing as an investment to allow income and maintain freedom. There are no exact stats but Coldwell Banker agent Shannon Crutchfield said she sees a growing number of Millennial investors in the tri-state area. It is a long-term investment so you might as well start early.

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