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Washington DC - Magenta Multi Family - A special project in the capital of the United States

Executive Summary Urbanico Realty Group and Nadlan Invest offer an investment opportunity in the construction of a multi-family building containing 37 apartments (including 4 penthouses) + a commercial floor known as MAGENTA, located on Bladensburg Avenue in Washington, D.C. The property is located a 5-minute walk from the well-known and bustling H Street, which is considered one of the most sought after streets for commercial and residential use. Also, the property is located […]

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  1. And this is by the way the mediator's answer that I have been working with for a long time and I trust everything she says. Note that the realtor must not explicitly say that an area is not good so she said it is not an area I could manage on my own. Another realtor of mine in another area writes to me for example that this is not an area where he would show the property there at night. There are codes they use. Of course your choice has to do with the level of risk and money or financing available to you and everyone has different criteria for which deals they want to enter and what suits them so there is no unequivocal answer about a particular deal - but that's not what I usually buy.

  2. These are dozens of houses in the area at similar or lower prices which shows you that what they tried to sell me as an amazing property is really not like that so you can buy properties in shekels all day but I would not recommend at all and I'm glad the experts here came up with it. Give direction - Examine in depth any suggestion that is given to you, even in this forum!

  3. Hello friends. Well then the deal I sent here is real, but…. The one I got it from is my kitchen contractor! And he's not the only one trying to send me deals. You know what they say - once the seller at the supermarket starts talking to you about which stocks to buy, the market is in trouble. But for our purposes - the reason I posted it here is for you to understand the importance of checking from whom you are getting the deal and the importance of your self check. The internet absorbs everything and although I have come across quite honest and decent people, there are also some who have tried to get me to buy irrational deals at all. I'm glad to hear that the experts here straight up have come to the point: 1. Jacksonville is not the capital of anything. 2. There is no mountain named Jackson. 3. In this code snippet that is among the worst in Jacksonville there are no students and no special jobs. 4. The rent I wrote is completely invented. 5. The commission can of course already be embodied in the transaction price. 6. A brief check with my agent showed me that this is not really an area I want to be in and she sent me another 20 houses at similar prices in this area so finding out it really is not. Another reason for the publication is to wake up the bears from the winter sleep here. 800 people joined and replied that they would contribute to the forum at least once a week, so come on the forum is waiting for you. Not just in commercials.

  4. Nice property but in an area that can be fine and can be very problematic.
    Although the property is rectangles and replaced by several systems but it is not enough.
    An 3 / 1 property in such an area is leased between $ 750 and $ 850.
    If we take into account the expenses that the asset will still need to prepare for a tenant's entry, the yield is already becoming less profitable, at least in a region where I would expect to receive a double-digit return after expenses

  5. I have no in-depth knowledge of real estate in Jacksonville, but I do in other areas of the United States. There are quite a few areas where the acquaintance must be at the level of a neighborhood and sometimes at the level of a street or even a single block on the street itself. To many Israelis, this issue sounds completely absurd, but for very experienced investors, it is not surprising at all. Therefore, my recommendation is to study the subject well, before getting into this type of investment, especially in a city like Jacksonville where according to comments from respondents before (on the face of it, they have experience in the area), in-depth familiarity, at least at the neighborhood level, is required. .

  6. The gap between success and failure is very small in this code snippet, in addition the management there requires intensity in the absence of investment goes to the drain, I bought a number of properties there, I earned very nicely but it is suitable for those who own a property or two and not those who hold high volume of assets. Becomes a certain percentage of the job…

  7. Lior, ZIP Code 32254 This is a very weak area with high crime.
    Let's start by saying that 3 / 1 in this area will not be rented at the price of $ 1,100. I doubt that you will receive over $ 850, nor do you think you will find good tenants in this area.
    Even if you change piping and air conditioners, the price is still expensive because of the area and the population, you will have twice a year here.

  8. I have wanted to buy the first property in the US for a long time and the first step requires the most courage. And this is the opportunity, especially when it comes to someone you work with and know.
    2. Why do I think this is a good property - just according to the data here, a. Heating and plumbing cooling system were replaced.
    B. Return on property before downloads taking into account month vacancy 20%
    third. An area with students and an employment area which will always leave the area in demand.
    D. The property is empty, which indicates a property of a better standard wood, due to the fact that it is more stable, more insulated and better maintained externally - also leads to savings in the costs of maintaining the facades.
    God. Positive migration in Jacksonville.
    Hope I managed to convince.
    I really want to start my first step in real estate (physical) and also another fact, that last July I graduated with a master's degree in real estate and it was time to apply.

    Good luck to everyone.