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The good news is, yes, you read that headline correctly: there are drop-dead gorgeous oceanfront island vacation homes on sale for you right now—this summer! The bad news, however, (depending on your vacation and travel plans) is that these homes for sale aren’t as convenient (geographically speaking) as some others.
They are in Greece. There’s always a catch, isn’t there?
CNNmoney’s website reported last week that the recent escalation in Greece’s financial trouble has produced a notable in...
At first blush, deciding to hire a Western New York professional property manager may seem counter-productive. Whether you bought the property you will be renting out specifically for that purpose, or else are simply holding onto your former home rather than selling it, the expense of employing a Southtowns property manager will materially reduce the cash benefit your rental promises to throw your way.
In fact, many new landlords don’t seriously consider hiring a property manager. It’s an off...“WHY YOUR RENT CHECK JUST KEEPS GOING UP” was the headline in CNN Money’s real estate special report last month, which could have explained to East Aurora renters why it is that U.S. rents keep rising faster than home values. After all, that doesn’t seem to make sense!
The list of reasons was long, and taken all together, fairly convincing:
Millennials are renting longer Housing inventory is tight and getting tighter The housing crash scared those who would otherwise have become homeowners...East Aurora multi-family housing is the umbrella term covering all the various kinds of residences that shelter more than one family. Everything from duplexes and homes with guest cottages to apartment complexes fall into the category, which is most often thought of in terms of the solid investment potential it represents.
While East Aurora multi-family housing offers all of the same investment potential and more (the economies of scale can give an apartment building listing, for instance, many...Owning an Elma rental property owes its popularity to the distinctive financial attributes it offers investors. Like a dividend-producing stock, it’s a holding that stands to produce a regular income stream. It’s also a real asset in the truest sense of the word—one with solid collateral value. For adroit Southtowns rental property investors, it’s also an asset that can build value over time.
When it comes to quantifying a Western New York rental property’s income-producing potential, after an...
