Discussion on investments in New York
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I have a dream - USA Real Estate Forum version: I am happy to join you today, in what will be recorded in the words of the times as the greatest demonstrations for freedom in the history of our nation. A year and a half ago, a great American (former Israeli), in whose shadow we live today, signed the sparrow's speech. This word is a beacon of light of hope for millions of dwarfs, economic slaves who were burned by a healing ulcer of...
Post reminder… Wonderful Sunday to everyone… We are starting a new week in the forum so we wanted to remind you a few things… Hello to all the new and old friends. You have reached the forum…
Post reminder… Wonderful Sunday to everyone… We are starting a new week in the forum so we wanted to remind you a few things… Hello to all the new and old friends. You have reached the forum…
Hello friends, as you know Christians are going to celebrate Jesus' birthday soon, so let's show them who was here before - and I mean of course Moses who brought us out of Egypt and brought us the Ten Commandments and now of course helped us go to the US because it's the leading trend right now What to do, so I promised you a game that even Santa will turn over…
And meanwhile in New York life goes on as usual - a New York man kept sharks in his basement pool Investigators found seven sandbar sharks in an underground pool at a Hollands County home, authorities said. The case highlighted an underground market for exotic and protected fish. When authorities searched in 2017 in Holland County, New York, the home of a man recently arrested in Georgia with…
When Covid-19 hit in 2020, New York's suburban and rural areas were considered buyer's markets. "It really changed and they became sellers' markets in the spring of 2020," says...
Post reminder… Wonderful Sunday to everyone… We are starting a new week in the forum so we wanted to remind you a few things… First thing hello to all the new and old friends.…
Post reminder… Wonderful Sunday to everyone… We are starting a new week in the forum so we wanted to remind you a few things… Hello to all the new and old friends. Every week we will remind you a little about what this forum is, what can be derived from it, and also the rules that will ensure that you continue to enjoy it in the future… So here's… 1. “Some basic rules” The forum is a forum without publication. but….…
Post reminder… Wonderful Sunday to everyone… We are starting a new week in the forum so we wanted to remind you a few things… Hello to all the new and old friends. Every week we will remind you a little about what this forum is, what can be derived from it, and also the rules that will ensure that you continue to enjoy it in the future… So here's… 1. “Some basic rules” The forum is a forum without publication. but….…
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I usually search in developing areas. I found that Jersey's side is more due to sediment (long range not flip). Prices throughout New York are skyrocketing regardless of true value.
Jonathan Marx on New York - What Areas Are You Looking For? New York City? upsate? Long Island? Cronin?
https://gyazo.com/fb9c1f73010b9fe0634f31884c9f134f
You know what an interesting question. When living in an area the whole perspective changes. It's like someone living in Ramat Aviv and being asked if Tel Aviv is still relevant for investment. Maybe in the Hatikva neighborhood and south of Tel Aviv, yes, but in the Yarkon or near his house, no, so that's a very broad question. It also depends on what the budget is - houses here cost a minimum of 250 for something basic. That's why saying Florida is good or not is like saying Israel is good or not. There is positive macro data on the total country but also in Israel there are many crime zones or areas with low demand that maybe the return looks fantastic but no Israeli thinks to invest there but maybe someone in America who wants to invest in the country looks online and says wow houses in Kiryat Shmona or Dimona for $ 50 , The average rent is two thousand shekels and I earn this and that return until he gets stuck without a tenant. As for your question it took me half a year to find a great deal on Long Island of about 90 less than the market price but I saw dozens of homes every day after work for half a year, inspections, realtors, fuel etc.
Is Long Island New York still attractive for investment and passive income?
What are the returns on this area?