by Victor Jung | Dec 11, 2024 | Business, Victor Jung
Microsoft Shareholders Vote Against Bitcoin Reserve: What Does This Mean for the Future? 📉🔒 In a recent vote, Microsoft shareholders decided against a proposal to add Bitcoin to the company’s treasury. Here’s a breakdown of what happened and what it might imply...
by Victor Jung | Dec 11, 2024 | Victor Jung
FHA loans, insured by the Federal Housing Administration, are a popular choice for many home buyers due to their flexible qualification requirements. FHA loan requirements typically include a minimum credit score of 580 for a down payment of 3.5% and at least 500 for...
by Victor Jung | Aug 7, 2024 | Victor Jung
DSCR loans and conventional loans are both options for obtaining financing for real estate investments. However, there are significant differences between the two. DSCR loans evaluate the income potential and cash flow of a property to determine loan eligibility,...
by Victor Jung | Apr 27, 2024 | Victor Jung
The 421a tax abatement is a significant fiscal tool designed to stimulate residential development in New York City. It was established to encourage the construction of new multifamily housing and to foster the provision of affordable housing units. Through this...
by Victor Jung | Feb 25, 2024 | Real Estate
New York City is known for its innovative real estate concepts, with rent control, rent stabilization, subletting, and “home clubs” being just a few examples. What is a Co-op apartment in NYC? These concepts have evolved into cooperative buildings, or...
by Victor Jung | Feb 17, 2024 | Property Management, Real Estate
Forecasts for Real Estate in 2024 by Emerging Industry Professionals 2024’s real estate landscape is anticipated to be shaped by various factors, as indicated by emerging luminaries in the field. Here’s what to expect: Innovative Technologies: The adoption...
by Victor Jung | Dec 3, 2023 | Real Estate
If you’re involved in a real estate transaction in New York, there’s a good chance you’ll come across the term “lis pendens.” A lis pendens is a legal document that notifies the public that a lawsuit has been filed against a property....
by Victor Jung | Nov 26, 2023 | Financing, Real Estate
Passive real estate investing is a strategy that allows you to earn income from real estate without having to actively manage the properties. It is a great way to generate cash flow and build wealth while minimizing your involvement in the day-to-day operations of...
by Victor Jung | Nov 24, 2023 | Real Estate
If you’re a property manager or landlord, you know how crucial it is to keep track of all aspects of your properties. From rent payments to maintenance requests, there are numerous tasks to manage. Property management software can help streamline these processes...
by Victor Jung | Nov 24, 2023 | Real Estate
If you own a property, you know that managing it can be a daunting task. Whether it’s a residential or commercial property, there are a lot of responsibilities that come with it. This is where property management comes in. Property management is the process of...
