The fourth quarter witnessed $1.3 billion worth of multifamily assets transact.

Some report quarterly so this can take up to 6 months.

NYC Office Market SummaryAs of the fourth quarter of 2023, New York's office market remains in a state of stagnation, with no immediate signs of improvement.

If you have hands on experience, or are otherwise involved with Trade work or some related background, you can utilize Estimating books such as these:https://hometechonline.com/They have a subscription option that will get you quarterly updates of LOCAL pricing for materials, and you can adjust for variables such as pay scales, overhead etc. to improve your accuracy over a period of time.Depending on your knowledge, you can get very close, or you can get a good ballpark figure to work with.

Also- PM's have screening and background checks, they have quarterly checks of your property and handle all the day to day.

Joe I'm a realtor and property manager in the area FWIW.Have you been paying the property taxes for every quarter after you purchased the first lien?

Then go home and do the math, assuming you might pay subs for 4 quarters and then confirm that the potential return meets your objectives.Glenn

Unfortunately, we were unaware how to make the quarterly payments on the delinquent 2019 charges so they went unpaid by myself (Lien Holder) as well as the property Owner(s).

If you have access access to an 'Asset Protection Attorney" (Local), this is a good question to ask him/her.And also be sure to ask your tax person about the cost for maintaining either structure (accounting, tax, quarterly filings, etc...).Everyone always wants 'The Best", but (for instance) a Rolls Royce is considered one of the best, and it COSTS a lot more then a "Used Camrey".Getting expert advice on your personal situation is always best, vs just winging it based on someones response to an internet post.That being said, a Living Trust can own an LLC, but if that setup triggers an added tax return or two, IRS State and Local ($$$) is it the best choice.Which cuts down a tree better; a chainsaw, or a beaver?

We specifically favorite Key West and Key Colony Beach in Marathon.