Currently, all-cash buyers have the most negotiation power. For investors who can buy all cash, rental yields are at a high because rental prices have been breaking records every month.
Read the full article here: Property investment in New York
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
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