I do have a knack for design, so it wasn't too difficult for me to incorporate low-cost pieces (a $40 sofa) with the right accent items to make the place feel high-end and vibey.

(Fortunately, we were insured)Emergency Fund: Always have extra cash for unexpected events.Tenant Support: Keep good communication and support your tenants through tough times.Final ThoughtsThis July 4th was a disaster, but it’s also a stark reminder of the unpredictable nature of real estate investing.

This is dependent on the city's long-term economic growth.Natural disaster risk: Certain locations are more prone to natural disasters, such as hurricanes, tornadoes, earthquakes, fires, and floods.

I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS-  low prices-  blue collar overall, meaning lots of resources for contractors-  growing university, consistently growing rents-  I expect to see an actual 10% cap rate here, higher if the property needs work-  compared to downstate, permitting, evictions, etc. are simple and quick-  no code compliance inspections required on existing multifamiliesWEAKNESSES-  no. natural. appreciation.

Natural disasters, higher construction costs, and a competitive insurance market are driving these increases.Review your current policy to ensure you’re properly covered without overpaying for unnecessary coverages.

Hello all,As many others in corporate America, I have some savings tied up in a 401k.

And incorporate that written promise into the contact as an addendum/exhibit.

They are professionals and know how to incorporate this as part of the closing process.This is from my experience only and in the states I operate. 

Hi I am looking to incorporate a real estate software that manages multiple transactions for a 14 person real estate team in NJ.   

This completely changes the nature of the property rights.