Is NYC Real Estate Always a Good Investment?
Nick at Hauseit (https://www.hauseit.com) reveals the truth about whether NYC real estate is always a good investment. Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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Whether NYC real estate is a good investment depends on the particular property that you are buying. For example, if you paid $600k for a condo in the Lower East Side in 2011, today you'd be sitting on close to $2 million. But if you spent $800k on a condo in Midtown East in say 2016, today you might be facing the prospect of losing money.
When you're looking to buy a property in NYC, make sure that you are considering a property with good upside. As they say, money is made when you buy and not when you sell.
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/
Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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