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Real Estate Briefing - Categorized | Emerging Trends, Investment, Residential property Watch more

Tips on home-buying, from New Yorkers with know-how

Posted on 16 November 2012

Looking to make a profit in New York’s competitive real estate market? The recent sales of several townhouses profiled by The Wall Street Journal’s “House of the Day” can provide a blueprint for would-be developers.
Flipping properties – buying a home, renovating it and then selling it — can be a profitable endeavor for a developer who spots a neighborhood or block on the rise, but sometimes it pays off to renovate a home while you live in it. And that way, the process can also become a true labor of love………………………………………..Full Article: Source

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