Parents buying an apartment for a child attending Columbia University or New York University (NYU) is a strategic play that many of our clients do. Indeed, the cost of sending a child to one of these prestigious New York universities is already very high. To buy a condo apartment dramatically increases the cost. Why do it?
Here is how we analyze the situation of whether to buy a condo for the student attending college: Parents buying apartment for child attending Columbia University / NYU
How to invest in Manhattan property as a foreigner is a niche segment. Manhattan, New York, is the world’s top investment property destination for investors looking to diversity their assets. In this article, we summarize key points on how to invest in Manhattan property. This covers whether it’s possible for foreigners to invest in Manhattan, how to view property for sale, property prices and investing in new development vs resale apartments.
Read the full article here: How to Invest in Manhattan Property
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Our clients see Manhattan property as a good means of asset diversification and as a hedge against economic volatility and currency fluctuations. This graph is an example of how an investor client’s rental income has increased over the years.
Visit our website to learn more: Maximizing rental cashflow
Our main objective when managing investment property in New York for our investor clients is to have the apartment rented out as soon as possible, for the best rent possible, to a highly qualified tenant. And from there, manage the tenant relationship so that both landlord and tenant are happy.
Read the full article here: Managing Investment Property In New York
