Battery Park City Exchange (New York City): The city of New York engaged in a land swap with the Battery Park City Authority, allowing for the creation of a new public school and affordable housing units in exchange for a parcel of land that was then developed into a high-value commercial property. 5.

Dennis' dad and I actually tripped over something similar back in Chandler.. we learned to tap into city planning websites and even call the permit offices directly to get a real sense of their backlogs.

I’m currently looking to invest in Kansas City, starting with a few fix-and-flips and eventually getting into residential development. 

We are in upstate New York.

With several large universities, including the University of Pennsylvania, Temple University, and Drexel University, the city has a steady stream of students and young professionals looking for rentals.

Is this strategy something I could deploy in a high entry area like New York/Long Island? 

I’m Dylan Fraembs, and I’m based in Long Island, New York.

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

Nassau County 2-4 family properties outperformed all other New York City Metro Counties in 2024. 

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto.