New York’s Pre-War building premium

SOFIA SONG | June 16, 2016

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In light of the new development condo expansion we have seen in recent years, some Pre-War buildings are re-entering the market as Pre-War condo conversions. While many of these apartments have new, modern finishes similar to what new construction developments offer, a typical selling point for these condos are their traditional over-sized units which can often be converted into additional bedrooms.

Spotlight

Steadfast Companies

Since our formation in 1994, Steadfast Companies and its affiliates have developed into an integrated, multifaceted real estate investment management company that today owns and/or operates a diverse portfolio of more than $3.0 billion across the United States and Mexico. Steadfast Companies is driven by its mission to pursue real estate investment, development and management opportunities responsibly and with integrity for the benefit of our investors, partners, tenants, employees and the community. Our professionals are dedicated to consistently delivering solutions that produce superior results. We are able to quickly evaluate and pursue investment opportunities in real estate, while also adding value through the management and oversight of those investments. Steadfast carries a deep commitment to those that entrust us with their real estate needs and are committed to the long-term success of every client for each assignment.

OTHER ARTICLES

Utilizing your IRA to Buy and Sell Real Estate

Article | April 27, 2020

Self-directed IRAs are the less offered and lesser known of the IRA options. That’s simply because they’re seen as needing too much effort to utilize correctly. The truth is that self-directed IRAs aren’t as complicated as they’re made out to be. Especially if you have the right custodian who offers the services you need to successfully run your account. Similar to other IRA accounts, owners can still invest in stocks, bonds, and mutual funds. They can also invest in things like small businesses, boat slips, storage units, parking lots, land, and homes. Interested investors should seek legal advice, as well as input from an accountant and real estate agent for a well-rounded picture. They should also be familiar with the rules for the type of retirement account they’re using. Whether it is a Simple IRA, Roth or Traditional IRA, SEP IRA or Solo 401K, contribution limits still apply, and there are penalties for early withdrawals.

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8 Steps to Find (& Stick With) the Right Real Estate Investing Strategy for You

Article | April 26, 2020

Search online for real estate investment strategies, and you’ll be overwhelmed with the information overload that hits you. Self-proclaimed experts, gurus, and never before heard of writers (because everyone has a book these days) keep posting hordes of stuff regarding where you should focus your efforts and what you should put your money into. Read a few of these sources, and you’ll see that most of the stuff is the same. It’s very unusual to find ideas that are starkly different online. Head to the store and buy books on investment strategies. Though definitely not to-the-point and instead highly detailed, once you finish reading, you will find yourself at the same spot you were before. Countless case studies, multiple options, a lot of theory, and no practical application! Don’t fret. My article today isn’t going to give you 10 more real estate investment strategies.

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How REALTORS® Can Take Advantage Of 2020 Marketing Trends

Article | February 26, 2020

Word-of-mouth is great, but it’s often not enough to generate the leads you need in your real estate business, especially if you’re just starting out.But rather than waffle around trying all the available online marketing strategies, we’re condensing the research down for you.Here are the best of the best 2020 marketing trends that you can put to use today.

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WHY YOU NEED BIG DATA FOR REAL ESTATE ANALYSIS

Article | February 17, 2020

The use of big data has permeated a wide range of sectors. In fact, professionals from every field rely on it to improve the accuracy and effectiveness of their analysis. As you would expect, big data had the same impact on the real estate industry as well. Over the past decade, big data has come to occupy a central place in real estate analysis and every savvy real estate investor relies on it to provide an accurate overview of the housing market. So what exactly are the benefits of big data for residential real estate? And how to use big data for real estate analysis?

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Spotlight

Steadfast Companies

Since our formation in 1994, Steadfast Companies and its affiliates have developed into an integrated, multifaceted real estate investment management company that today owns and/or operates a diverse portfolio of more than $3.0 billion across the United States and Mexico. Steadfast Companies is driven by its mission to pursue real estate investment, development and management opportunities responsibly and with integrity for the benefit of our investors, partners, tenants, employees and the community. Our professionals are dedicated to consistently delivering solutions that produce superior results. We are able to quickly evaluate and pursue investment opportunities in real estate, while also adding value through the management and oversight of those investments. Steadfast carries a deep commitment to those that entrust us with their real estate needs and are committed to the long-term success of every client for each assignment.

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