Mercedes E. Santana's NYC Blog

When I first started out in Real Estate ( a million years ago) , my sponsoring broker, a very wise man said, " What you don't do today comes back 3 months later to haunt you". I had no clue what that meant until he explained. "In Real Estate, if you do a deal today, generally it takes about 3 mon...

The thought of being a Landlord might send a shiver up your spine unless you know the true benefits of owning a multifamily property and how to overcome the fear of having tenants. Unlike owning a single family home and renting it out, owning a multifamily property with several units can give you...

When I first started out in Real Estate ( a million years ago) , my sponsoring broker, a very wise man said, " What you don't do today comes back 3 months later to haunt you". I had no clue what that meant until he explained. "In Real Estate, if you do a deal today, generally it takes about 3 mo...

So as I sit at my desk drinking my coffee Made in Colombia, in my Made in China coffee mug, and writing with my Made in Japan Pentel pen, I got to thinking about Made in the U.S.A. You would be hard pressed to find Made in the U.S.A around your home, but when you do, you must admit, there is a se...

  For a property investor in a sagging economy, the beauty of owning multifamily properties is the rental income generated from owning multiple units in a property can still cover property maintenance as well as debt service expenses in the event of vacancies.  Owning single family homes as your ...

  Multifamily property ownership will provide an investor with a great counterweight to a sagging economy. It is one of the best ways to build a Real Estate portfolio offering a solid return (cap rate) on your investment.  Owning several units will give you a greater income cash flow to cover you...