What is a Proprietary Lease on a Co-op in NYC?
The home buying process in NYC can be different from other cities. One difference, which trips up many new arrivals, is the ownership structure of cooperative buildings. Here, co-ops make…
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John English
274 posts
John English is a freelance writer that specializes in real estate.
The Purpose of a Reserve Fund in Managing a Co-op
Every co-op board in New York City has a duty to maintain and preserve the value of their cooperative. Part of the co-op boards process is the operating budget that…
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How to Get Your Offer Accepted in a Seller’s Market
After lots of searching, you’ve finally found that New York City home that ticks all the boxes on your wish list. Located in a great neighborhood, it has all the…
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What Are the Financial Requirements for a Co-op?
Before you can start looking for your dream co-op apartment, there are a few things you need to sort out. The first thing is your savings and finances. Unless you’ve…
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Planning to Buy Your First Condo in New York City
When buying your first condo in New York City, you need to approach it as buying your first home. There is no need to stretch yourself financially, and you can…
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How to Buy an Investment Property in NYC
We don’t mean to dismiss rent collection. Hopefully, it will provide you with a steady annual cash flow. However, for those who are patient and astute, capital appreciation can be…
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“In Contract”, Getting a Countersigned Contract in NYC
When you’re buying a home in NYC, a few things here make the experience different from other states. One of these areas is what happens after you’ve got an accepted…
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REITs vs. Rentals: A Guide for Beginner Investors
In terms of building wealth and laying the foundations for your retirement, there’s no safer bet than real estate investment. However, not all investments are best suited to every investor.…
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What to Do Before Downsizing to a Smaller Home
It’s not uncommon for aging homeowners to consider downsizing to a smaller home. Even a place like NYC sees a fair number of aging buyers looking to switch the suburbs…
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Worried about Inflation? Real Estate Could Be the Answer
Inflation can cause a real scare among investors when it starts to rise unexpectantly, which should balance any sound investment strategy through the use of hard assets. Unlike other investments,…
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