Sound Investments with Invictus Property Advisors

Jessica N. Todmann

If you’re in the market for commercial property, then Invictus Property Advisors, a broker-owned commercial real estate advisory firm that specializes in investment sales, might be the business you should turn to. Started in 2018 by Andrew Levine and Josh Lipton, both bring nearly 20 years of combined experience to the table, offering a tailor made and data driven approach to each of their listings. They are also a boutique brokerage firm, and remain hands on with every one of their transactions- from beginning to end.

One of the ways they stand out amongst competitors is by staying hyper-focused on their core business strategy- New York City investment sales. While they focus on transactions within the $2 - $50 million dollar range, their customer service is unparalleled; Josh and Andrew treat every client with the same level of commitment and quality no matter where their budget may lie within that spectrum. “Owners are impressed when their $2 or $3 million transaction is treated like a $50 million deal,” Andrew stated.

The paths that led them to become the founders of Invictus Property Advisors can also be a source of value to potential clients. For Andrew, “Growing up in Manhattan, the commercial real estate capital of the world, I was exposed to the industry from a very early age.” As he navigated through undergrad at NYU and various internships, he soon gained an intimate understanding of what it took to succeed in this industry, “I learned quickly how much dedication real estate professionals have to their line of work. No day is a dull day in this market. I enjoy navigating through some of the qualitative and quantitative complexities, and nuances of each submarket and neighborhood.”

Josh comes from a law background and previously worked as a capital markets attorney for a large international firm. For nearly a decade, he assisted companies raise debt and equity through private and public offerings. But Josh wanted a change: “Though I miss being surrounded by some of my previous colleagues, the work itself was not something I loved. When logging 80-100 hours a week, I decided you should love what you do.” Josh made the change by joining Massey Knakal as a sales agent, where Andrew worked as well. “Andrew and I realized, after working at several commercial brokerages that we worked well together and had a shared vision for what we wanted to accomplish.”

Now that we’re all acquainted, let’s take a look at just a few of the listings Invictus Property Advisors has to offer in Upper Manhattan and SoBro:

411 East 141st Street, Bronx 

13 unit multifamily

Ask Price: $900,000

NOI: $129,265

CAP Rate: 14%

Gross Square Footage: 3,160

411 East 141st Street is actually a SRO property, which is nestled within the Mott Haven section of the Bronx. There are 13 separate units within the property, across four stories and the decor still holds true to some of its original design work from the early 20th century. It is conveniently located near the 2, 4, 5 and 6 train lines, multiple bus routes, and is a few blocks away from the Major Deegan Expressway. Perfect for renters who are constantly on the go, and looking for a well maintained, yet affordable place to call home. 

403 East 139th Street, Bronx 

10 unit Multifamily

Ask Price: $795,000

NOI: $90,167

CAP Rate: 11%

Gross Square Footage: 3,160

**This building is part of a package deal with the one above, 411 East 141st Street, Bronx.**

403 East 139th Street is an SRO similar to 411 East 141st Street and has 10 units, which also spans across four stories. However, three of the units have a bathroom and kitchen. Aside from being close to public transportation this property is within walking distance to several schools, parks, restaurants, and the United States Post Office.

What makes this package deal an attractive investment? Andrew explains: “The yield or cap rate for these assets are in excess of 10%, which is challenging to find anywhere in NYC. So, for buyers looking for yield, who understand the SRO asset class, these are great cash-on-cash opportunities.”

225 East 110th Street, Harlem 

3 unit Townhouse (with parking)

Ask Price: $2,195,000

NOI: $102,756

CAP Rate: 4.7%

Gross Square Footage: 3,864

225 East 110th Street is a three story townhouse with three residential units and two parking spots in the rear of the lot. The property is within walking distance to the 6 train, Central Park and several eateries. For your shopping needs, simply walk a few blocks north and you’ll find East River Plaza. If you need a break from the city, both the Metro North and FDR Drive are close enough to aid in your escape.

Who’s the perfect buyer for this? For the owners of Invictus Property Advisors, the answer is simple: “Either a family or individual looking for a townhouse living at less than half the cost of a similar property on the Upper East or Upper West Side, without sacrificing on space or living conditions and amenities”

419 West 144th Street, Harlem 

5 unit Townhouse

Ask Price: $2,895,000

NOI: $97,955 Actual | $132,794 Projected

CAP Rate: 3.4% Actual | 4.6% Projected

Gross Square Footage:5,890

419 West 144th Street is a five story townhouse located within the vibrant Hamilton Heights Historic District, and home to many high-heeled professionals within the political, legal, medical, and artistic fields. The property has been continuously improved upon over the years by the owners and delivers a charmingly authentic look with several modern touches. While the property is gorgeous, there’s so much life going on throughout the neighborhood that prospective tenants would be happy to call this place home- as would you. 

Based on Andrew’s feedback regarding the listing, the competition may be fierce: “Since this coveted area is only 4-5 blocks long and three avenues wide, the scarcity of available properties creates significant demand from both users and investors.” 

2605 Frederick Douglass Boulevard, Harlem 

Retail CondoAsk Price: $700,000

Gross Square Footage: 800sf Above-Grade | 600sf Below-Grade

2605 Frederick Douglass Boulevard is a retail condo that’s situated right on the corner of West 139th Street. The ground floor offers retail space, with additional usable space in the basement. The property currently has a luxury retail tenant with a significant online and celebrity following. Across the street you will find two luxury mixed use buildings that contain an art gallery (Faction Arts Project) and Reverence (a reservation only restaurant from Russell Jackson, a former contestant from BravoTV’s Iron Chef and Food Network’s The Next Food Network Star). Aside from the many local and national retailers nearby, this retail condo sits close to two major academic institutions and a Common Coliving location. For prospective buyers,  2605 Frederick Douglass Boulevard promises a lot of foot traffic.

According to owners Josh and Andrew: “This is a retail condo that has appeal to a wide array of purchasers such as: retailers, business owners, and investors.”

Invictus Property Advisors currently has several property types available throughout Manhattan, Brooklyn, The Bronx and Queens. To view additional listings please visit their website: https://www.invictusnyc.com/.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

So You Want To Be A Real Estate Investor?

Jessica N. Todmann

When you think of real estate investing, it may sound like a lofty aspiration or a hefty obligation, depending on who you’re asking. It'd be easy to balk at the obvious: taking out a huge mortgage, the insurance premiums, taxes, leaky faucets, nightmare tenants, and more. While the problem aspects of being a real estate investor can keep you up at night, there’s another side of it that can help you to sleep like a baby. It might feel pretty comforting to have that extra income from your rental(s) to line your pockets with every month, and the equity that builds over time would be a nice addition to your nest egg- especially since a chunk of Americans are not on track with their retirement savings. You can even do “house hacking”, where you purchase a home to live in but also rent out portions of it to help pay down the costs of ownership and receive some cash flow. That would be a huge benefit, especially for millennials, who list housing costs as the number one reason why they’ve fallen behind on saving for retirement.

Glen with his Son Paul

This article is for the everyday person who always wanted to invest in real estate or become a real estate investor, but have no idea what to do, how to do it or how to even try. The right man to speak to about this exciting, yet intimidating trade is Glen Galluci, owner of Peak Private Lending & Peak Properties LLC. For over 30 years, Glen’s been investing in real estate and amassed a portfolio of properties that are “in the thousands”. Based in New Jersey, he got his start in real estate very early on in life. His father owned a large construction company in New York City and Glen would spend summers working for his dad when school was out. Not only did he gain the technical know-how involved with property development, he also learned how to negotiate with contractors, owners, landlords and union delegates. “I was getting a pretty diverse background” Glen stated. His foray into becoming a property investor happened almost nonchalantly, when a realtor he knew in New Jersey suggested he “buy a house and fix it up”. Glen said yes, and thus, his journey began. 

But, his first move into real estate investing wasn’t an ideal one. “I proceeded to go in and fix it . I made it beautiful. Spent a lot of money. Went to sell it, and didn’t make any money!” he said heartily. Why did it flop? Glen says it happened because he wasn’t an investor. “I was a contractor. I didn’t really know the numbers and how to evaluate the deal properly.” Simply put- he just spent too much money on it. And knowing the numbers seems to be the winning factor in this business. This will get you farther than having an excellent credit score or six figure income. “Private money lenders are strictly asset based,” he said, “The first thing is, do they have a qualified deal.” How would an individual with no real estate background know whether or not they have a deal? “It’s very simple,” Glen states assuredly, “and it’s a really, really good guideline.”  And it is simple; you must abide by the 70% rule. This rule sets the limit on how much you should purchase the property for at resale price. So for instance, this four family property for sale in Parkchester is currently listed at $1,099,000 dollars. Let’s assume that it sold for that price, and right around the corner there’s a similar yet distressed property that could sell for the same. Figuring what 70% of the after repair value, or ARV is (in this case it comes out to $769,300), you’ll then have to account for any possible renovation costs and subtract that too. Let’s say it’ll take $100,000 dollars to renovate which means you’re now down to $669,300. “That is what we call the MAO, or maximum allowable offer.” Once you have that, you have a deal.

There’s other ways to practice real estate investing, especially for those who have no money to put into deals or rather make a quick, yet smaller amount of money, avoiding the fix and flip or buy and hold investment strategies. This alternate approach would fall under wholesaling, where you as the investor would either buy at a slightly deeper discount and sell it to the next investor or you’d assign the contract you have on the property to the next investor, an approach that would grant you an interest in the deal without spending any of your own money. “One of the ways a lot of beginners do get in is they go out, and they look for properties for cash buying investors like myself,” he stated, “using the 70% formula, whatever that number is, they need to deduct their fee.”

This is an ideal way for new investors to start making some of their own money, build relationships with other investors, learn how the game of real estate investing works and eventually start coming to the table with their own money for larger deals. If it sounds very similar to being a real estate agent, whose job it is to go out and find properties for buyers and investors then collect a fee for their service, it does but with one very important difference. You can also start investing by getting an LLC for wholesaling houses. As a wholesale investor, you’re actually putting the property under contract yourself. “You can't go and get a seller and match them with a buyer. Now you’re acting as a real estate agent. That you cannot do.” Glen stated. “But you could put a property under contract. Now you have an equitable interest in that property.”

A humble climb up the wealth ladder via real estate investing in New York City is quite honestly, unattainable for most. Even for the experienced investor, looking beyond their immediate area for opportunities isn’t uncommon  “We’ve got people here in New Jersey going up to Buffalo, Syracuse, and they were buying properties for fifteen and twenty thousand dollars”. So, if you’re a working professional living with roommates somewhere in midtown on a $65,000 salary, you probably won’t be buying a brownstone on the Upper West Side anytime soon. Your journey into real estate investing may be a PATH or Metro-North train ride away. However, Glen doesn’t recommend going too far out, “Beginners, you need to stay close where you can look and see and visit your property.” If you’re just starting out, you simply will not have the resources to properly assess your purchase and then manage it from a very far distance. He also suggests sticking to the “meat and potato” markets. What does that mean? “It means buying properties that are going to sell from between $200,000 to $500,000 dollars,” he said, “that’s middle America.” Glen realizes that most people can afford a home within that range, and when you start to exceed that price point it’s an entirely different market. “Holding costs are higher, you get more finicky buyers.” If you can’t meet the expectations of home seekers or sell the property quickly, it’s going to sit and it’s going to cost. “We have a lot of people from Brooklyn that come into the New Jersey market. We have a lot of people from Manhattan. They’re not buying and flipping condos in Manhattan.” 

Glen with the Peak Private Lending Team

It doesn’t matter where you choose to invest, how much money you have (or don’t have) to invest or the investment strategy you take. If you want to succeed as a real estate investor, it seems that second to knowing the numbers is surrounding yourself with other people in the industry. Glen suggests hooking up with your local real estate investment club or association, which he states can be found through Meetup.com, “You will find every type of investing meeting on meetup.com. Twenty years ago, you didn’t have this. It was all about who you knew, who your parents knew, who your coworker knew.” These meetings will also give you the opportunity to connect with other industry professionals that you’ll need to get the deal done, such as real estate agents, attorneys, appraisers and contractors. In particular, Glen speaks to how important investor friendly real estate agents are and to keep them at the top of your list.

There are two additional things that Glen mentions first time investors need to do. Always get a title search done on the property and always get a home inspection. The title search will ensure that you obtain “clear and equitable title” and if anything pops up, have the seller satisfy it or see if you can figure it into your numbers. For the home inspection, Glen says “don’t take anyone’s opinion, even your contractor’s, about the condition” of the property and to get it inspected. Doing so will make you aware of any major issues with the property, such as structural defects, and offer you a complete overview of all of the things that need to be renovated. 

What’s the take away? “Stay in your local area, stay in the meat and potato market, and absolutely adhere to that 70% rule. Do not violate that. Work with knowledgeable, investor friendly realtors and the last thing- get educated.” 

To find more information out about Glen Galluci, how to invest in real estate, or his real estate investment group you can visit www.peakpropertiesllc.com and www.peakprivatelending.com. 

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Benefits of Using a Property Buyer’s Agent When Purchasing Overseas Property

House hunting for luxury overseas property can be exciting and fun, but it’s easy to get wrapped up in daydreams of what a new life abroad will be like. Unless you have some who’s on your side, though, you’re essentially shopping blind – and you can easily get into trouble without even realizing it. A property buyer’s agent works on behalf of the client and works to find them their perfect home. They will then work with the buyer and guide them through the entire process, offering advice and support along the way.

Property Buyer’s Agent vs. Regular Real Estate Agent

Most often, a seller will hire a listing agent to market and sell their home. A buyer will hire a buyer’s agent to help them find the perfect home, make negotiations and complete the purchase. Listing agents have expertise in marketing and selling, and they work on behalf of the seller and their best interests. They may have the same skills as the buyer’s agent, particularly market knowledge and location expertise, but their priority is the seller, not the buyer.

You may hear additional terminology, too, like “selling agent” and “seller’s agent.” These terms sound the same, but they actually refer to two different kinds of agents. The selling agent is the same as the buyer’s agent; they gain the “selling agent” title once the buyer and the seller enter into a contract. The selling agent still works on behalf of the buyer, despite the confusing term. When it comes to the term “seller’s agent,” it’s simply interchangeable with “listing agent.”

There are also cases where a real estate agent represents both the buyer and the seller. Moving.com has a great explanation of what happens in this situation.

Benefits of Hiring a Buyer’s Agent

The property buying process varies from country to country, making it difficult to handle even if you’ve purchased property before. For example, France has especially strict regulations to follow, and navigating the buying process can be daunting, especially if you don’t speak the language yet. There are a number of benefits of hiring a buyer’s agent:

They know about hard-to-find properties.

Publicly listed properties are only part of what’s available. For privacy’s sake, high-profile sellers, like athletes, celebrities and wealthy businessmen, don’t always list their properties when they’re for sale. When it comes to luxury property in sought-after destinations, buyer’s agents will know about everything available in an area, including the hidden gems that others don’t have access to.

They have a vast network with prime connections.

The longer a buyer’s agent has been in the business, the more trustworthy connections they’ve made. When you’re ready to view or buy a property in Australia for example, your buyers agent in Brisbane can connect with listing agents, notaries, developers and anyone else you’ll need to work with in the city. This also means they’ll be able to uncover information about the property that could make or break your sale, like if the building has specific challenges (plumbing that needs a major overhaul, for example).

You don’t have to rush to learn the language.

One of the biggest perks of hiring a buyer’s agent is that they’ll be an expert in the area where you want to move, which includes being fluent in the language. You’ll probably want to learn the language of your new home country at some point, but until then, you don’t have to muddle through meetings, hoping you understand what’s going on.

There’s no cost to you.

Hiring a buyer’s agent doesn’t cost the buyer anything. The agent gets paid when the home is sold, and they take part of the sales fee, which is paid by the seller instead of the buyer. Technically, the listing agent is paid their commission, then the listing agent’s broker pays the brokerage for the buyer’s agent. It’s a little confusing and what’s most important to know is that the payment doesn’t come out of your pocket, but The Balance goes into it more in this article.

Overall, a buyer’s agent has one goal in mind: making the buyer as happy as possible. They’ll answer your questions, conduct extensive research and stick by your side from start to finish to make sure that happens.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Investing In A Condo Unit: Helpful Tips

The pertinent question on the minds of many people looking forward to investing in a condo unit is whether such is a sound investment decision. Well, it is if you have information such as you will read here. Like any other investment, never delve blindly into condo buying.

Here is how you should do it:

The location

The location of the condo will determine whether it will sell at a good price in future, or not. That is why you need to do your research carefully. If you want a condo that you can rent out to make some money in future, then a beachfront option - such as one of these beautiful Madeira Beach condos - would be a wise investment.

Such is always going to have a tenant in summer. You may also consider buying a condo in a location that has development projects coming up in the future. A condo near a college is good as there will always be demands for it. If the condo block is located near, but outside a thriving urban center, buy it.

Look for financing

Unless you have the money and you are paying cash for the whole amount, you will need to look for mortgage financing, same as you would for a regular home. In fact, it is recommended that you get a preapproval first before you start looking at available condos.

Dedicate enough time to look for financing because most traditional mortgage lenders have no loan products that are designed for condos. You can also check out loans from the FHA- Federal Housing Administration. Note that the condo that you want to buy should be on their approved list. One of the requirements is that at least 80 percent of the condo units in that community are occupied by their owners.

Do your math correctly

If you are buying a condo to rent it out and make money, well, you need to know that it is a good investment. For example, if you buy a condo unit for $75,000 and the maximum rent that you can get from the condo is $450, the math does not sound so appealing. However, if you buy a condo for $60,000 and you can rent it out for $700, that is more appealing.

You must also consider the property taxes, the months that the condo may not have a tenant, advertising costs and so on. When you do the math and you get an annual yield of about 8% on the $75000, that is not too bad. You can live with that. Do the math before buying.

Find options that suit your needs

Just because a condo community has a swimming pool, recreational courts, gym and other amenities, it does not mean that you will need them. For example, if you are a senior, in your 70s, the main things you want are security and the grounds and exterior maintenance.

You can ask a real estate agent whether it is possible to find a condo that meets your needs so that you do not have to pay too high fees and not get to use the amenities.

Get help from a real estate agent

No matter how well you know real estate matters, a real estate agent will always be many steps ahead of you. The reason for this is that they have big networks of realty companies, sellers, buyers and real estate attorneys. Thus, their help can be priceless and it can help you get the most out of your time.

You will also find their advice to be priceless. They know the market trends, they know any developments slated for the future and they know who is selling what you need. If you would like to save time, engage the help of a real estate agent.

Conclusion

If you want to invest in a condo unit, the above-mentioned tips should help you get the best deals. Always look out for best condos for sale in the city you want to live in. Say for example, if you are from Santa Monica, you can find a Santa Monica real estate agent to get help to pick an affordable but beautiful condo unit in Santa Monica.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

How To Make Money With Real Estate

If you want to make money, then real estate is a very fine place to start. Most people know about the real estate market, with people buying and selling houses all the time. Today’s blog is all about how you can make money with real estate. Yes, you can buy a home and sell it, but I want to introduce a few alternative money-making theories. Check them out:

Renting your way to riches

I think the most popular method of making money with real estate is by renting out your property to other people. It’s relatively affordable, you get regular payments every month, and you don’t really have to do that much.

If you have money to invest, then you can buy a property to rent out. Don’t worry if you can’t afford to buy a home, there are alternatives out there. Things like static caravans, small bungalows, and flats are all excellent rental property ideas that are much cheaper than full-on houses.                                                                                            
Even if you don’t have enough money to invest in any form of real estate, you can possibly call upon your own property to make money. If you own the home you live in, then you could consider renting out a room and generating money that way. Build up your fortune, then use the money to invest in a rental property - easy!

Making the most out of land

A common misconception is that ‘real estate’ only refers to houses. However, the reality is that land is also part of the real estate market, and it can be a real money maker. There are plenty of people out there who have land that they’re not really getting any use out of. Perhaps it was handed down through generations, or maybe you bought a house that came with some extra land. Either way, you need to make the most out of it!

There are three main ideas:

• Sell the land to an investor

• Build property on the land

• Get paid to have wind turbines/solar panels installed on the land

All three of these ideas generate a fair bit of money in various ways. Obviously, selling the land is a good way to get money pretty quickly. But, if you fancy investing your own money in the land - and getting a bigger return - then building property is a great idea. There are tonnes of companies out there like Lowe Design & Build that can help you develop and build a house from scratch. After you do this, you can then sell the property for a profit, or rent it out for a regular stream of income! As for the third idea, a lot of local governments or energy companies are keen to try and improve the number of renewable energy sources in the country. Therefore, they look for empty land to build turbines on or create a solar panel farm. If you own the land, they will pay you for this, and you can get a fair bit of cash every quarter from them.

Downsize for practicality

It’s far too common to see someone living in a home that’s just too big for them. What I mean is they don’t really use all the property that they’ve been given. They might have a 3 bedroom house, but only ever use one bedroom. The second bathroom is never used, and it’s just a waste of a home.

There are usually two groups of individuals that fall into this category; people who no longer need their big family home as the children have all flown the nest or individuals that inherited a home from their parents. There’s also a third group; people that just bought a home and never ended up using it to its full potential.

Regardless, if you currently own a house, think about whether or not you actually use all of it. Instead, it may be better to downsize to a more practical home. In doing so, you can either sell your property and get lots of money from it right away, or you could rent it out. Either way, downsizing is an effective way of making money from real estate as you can free up the money that’s tied up in your home.

Related Stories

• The Real Estate Apps You Should Be Using                              

• Hudson Yards’ Hottest New Building The Charlie West                       

• Inside The Manhattan View at MiMA Tower Residences

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

The Secret To Succesfull Dubai Off Plan Property Investment

It is a perfect thing to have an asset which one can rely on for a source of income, and one of the best is to invest in real estate property. You must have heard a lot about investing in property, and without a doubt, it is one of the best investment you will forever appreciate.

There are different types of investment when it comes to real estate business such as buying a finished building or an abstract building known as off plan property. Just in case you’ve been convinced about investing your money into off plan strategy to become a landlord, there are some things you need to put into consideration.

There are secrets to success with off plan property which you need to get familiar with as a first-time investor

(1) Don’t rush

Don’t be too excited by the prospect that you are about to be a landlord and miss some important things you need to do. It’s the joy of everyone to become a landlord and choosing off plan property is such a right decision since it has a lot of advantages.

(2) Ask the frontiers

Don’t ever make the mistake of going into a market you no little or nothing about. Doing so means you are likely going to lose lots of money. But with the help of some people ahead of you, you can have a good result without any loss history.

There are some who have become landlords with the off plan strategy and they garnered a lot of experience with it. Going to them for advice is the right action for you as they will tell you all that it takes to be successful with the strategy. Ask questions and take note of the steps they make if they have a success story.

(3) Understand the approach

The next thing you need to do is to understand the strategy and the best way to go about that is to get along with your developer. The developer will pitch the plan to you, and you have to look critically into it to ensure it is something you understand and can work with. Off plan property strategy is the most comfortable means to get your dream home at your convenience and part of the process is the flexibility in payment which means you can start with a little amount.

(4) Choose the right developer

That which determines your success as well with the strategy is the developer in charge of your project. There are different developers out there, and you can quickly fall into the hands of the wrong one. To avoid such occurrences, it is advisable that you get developers from people who have had experience with them.

It is essential that you choose a developer that is experienced with success ratio which is why asking for the portfolio isn’t a wrong decision before approving one.  Your developer must be able to understand the building you want and also be updated with the market value of the property. The developer must see to it that the project must be successful and sellable on the off chance you intend to rent out or sell.

(5) Decide the type of property

Now that you’ve decided to invest in property through off plan strategy, the next thing is to determine the exact property you want as you have just the options of a commercial or residential apartment. The type of apartment you want is what your developer will work with. If you are in need of a place to live for you and your families, I suggest you opt for a residential apartment. Note that commercial properties are in high demand and that means you have quick returns on your investment.

(6) Choose the Location

The location has a lot to say about the profit you will make over a property. You have to look out for the landmark of the area as that will determine the amount you will rent or sell your property. It is advisable that you choose a location that is overpopulated as that will ensure that there is more demand for an apartment.

In conclusion, getting a property through off plan strategy isn’t too risky as some think it is, so far so good, it is still best means to get your home without the need to go on bankruptcy. It gives you the platform to pay the money in stages and then concentrate on some other investment. All that you need to know as a first time investors have been discussed above. Your success all relies on the steps, and I suggest you read and understand each step before investing your money.

Related Stories

• The Real Estate Apps You Should Be Using                              
• Hudson Yards’ Hottest New Building The Charlie West                       
•  Inside The Manhattan View at MiMA Tower Residences

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.