The island’s north side is the first place that comes to mind when looking for apartments in Hong Kong. It is certainly the most well known area with its famous skyline of buildings bearing the names of the world’s largest companies. Still today, between these architectural gems and business power centers, run old trams and until recently, even rickshaw drivers… throwbacks to a bygone [...]

Income less Expenses equals Net Operating Income The value of any income property is based on the annual income that the apartment building, or other commercial property creates for you. This annual income is composed of rents and other sources, less the expenses, and is called the Net Operating Income. This is also known as the NOI. The higher the NOI, the more your apartment building is worth.So [...]

Many apartments in the Queens area can be quite expensive. As with any city you are planning to move to, the right apartment at the right price can be found with just a little bit of effort.The Avalon Riverview has over thirteen floor plans to choose from. There is a large lobby and 24-hour concierge service. Barbecue grills and a putting green are on a half-acre terrace, surrounded by gardens. The [...]

When people think of buying apartment buildings they think of all the potential risks however what they many not realize is that they are easier to buy, manage, and sell for big profits.The mistake that most real estate investors make is buying single family homes. I have made the same mistake in the past and few seem to realize that having many apartments in one building is much easier to manage, [...]