Citizens who are fairly new to the real estate investment sector are emerging in the housing field at higher rates than ever before, attracted by the persistently robust growth of the US property prices, which have seen a tremendous increase that exceeds 25% since 2012. Pair this exceptional growth with record-breaking low interest rates, and the opportunity to make a considerable profit is an alluring one. Of course, like any new venture, it pays – literally – to learn as much about the art and strategy of buying real estate as possible. Renowned New York-based property expert and investment consultant Jacob Frydman has spent more than thirty years honing his successful business and has discussed a few tips that will help new investors who are entering the market. There are a multitude of factors that determine real estate value, and the investors who consistently see returns are the ones who take time to educate themselves about all aspects, says Jacob Frydman. They know the location and the history of the place, because understanding what drove the early development or the area is a key way to find potential neighborhoods that may have been forgotten and potentially undervalued here in the present.
Jacob Frydman is a New York-based real estate consultant who sources and identifies value-added investment opportunities. For more than 30 years, he has successfully executed highly complex real estate transactions valued at over $2 billion and spanning over 5 million square feet. In addition to lecturing on real estate finance at Columbia University and New York Law School, Frydman is a frequent guest on CNBC, Bloomberg TV, Fox News and other major TV news outlets. An avid philanthropist, Jacob Frydman devotes much of his time and capital to various charitable organizations, including the National Committee for Furtherance of Jewish Education (NCFJE), Chabad of Dutchess County, and the Brem Foundation of Washington, DC.
Jacob Frydman – CEO & Chairman – United Realty Advisors, LP – LinkedIn: https://www.linkedin.com/in/jacobfrydman
Jacob Frydman – Huffington Post: http://www.huffingtonpost.com/author/jacob-frydman