York Street Properties Inc. Remains Strong Despite the Economic Crisis - In the face of the current global economic conditions, when the rest of the real estate market has crumbled to pieces, York Street Properties, Inc. has endured and remained steadfast by continuously offering profitable returns for its investors. |
|
Business Related Topics...
Computer Related Topics...
Entertainment, Recreation & Sports Related Topics...
Health & Fitness Related Topics...
Home & Family Related Topics...
Shopping Related Topics...
Would you like to submit articles to our site? Have a question or a problem?
You are here: DIME Home > Company Profiles > York Street Properties Inc. Remains Strong Despite the Economic Crisis
In the face of the current global economic conditions, when the rest of the real estate market has crumbled to pieces, York Street Properties, Inc. has endured and remained steadfast by continuously offering profitable returns for its investors.
Author: Lance Puig
Date: Oct 16, 2009 - 3:17:40 PM
York Street Properties
does not have a speculative strategy, but rather is based on systematically looking
for distressed properties. As the market has turned south and many companies
are currently experiencing hardship,
Let’s take a couple
(we will call them the “Smiths”).
They
are in their early 40s…have two young children and both work.
They have good credit (scores above 700) and
about $30K in savings or an IRA.
Mr.
Smith has friends who have made money in real estate in the past….but he really
doesn’t understand how it works and doesn’t have the time to drive around all
day looking at run down properties.
So
he calls York Street Properties and they perform an evaluation.
They determine that Mr. Smith has the credit
score and job history to qualify for three cash flow rentals.
York Street Properties then goes to work to
present a loan package to several banks.
Mr. Smith contracts with
“Real estate is not an art…it’s a science” Says Lance Puig. His company has mastered the science of identifying property that will yield a healthy long term cash flow for its clients. And what about values you ask? Mr. Puig has an answer for that one as well: “In an environment of moving values…the only thing you can quantify with certainty is cash flow.” Apparently, if the property has monthly cash flow…and the owner is not under pressure to sell…there is really no issue with value at all. The property investors who are having a difficult time selling are ones who don’t have tenants that otherwise would take on the burden of loan interest, taxes, insurance and of course…profit.
It’s a “wait out the storm” approach to real estate investing. It’s one that has been working for the prudent investor for decades.
Lance Puig is a frequent guest on radio talk shows around the country and can be contacted for an article or interview at the following email address: info[at]yorkstreetproperties[dot]com or at 800-886-6090. Contact Information: www[dot]yorkstreetproperties[dot]com
Fans and Blowers In Series System by Buffalo Fan Co.Jun 12, 2011 - 9:50:36 AM Buffalo Fan Co. has introduced lately blowers-in-series high pressure systems to achieve static pressure, previously unachievable by single stage centrifugal blowers.... [Read the full story] |
Pulp and Paper Industry VentilatorsMay 15, 2011 - 10:23:06 AM The paper manufacturing industry utilizes fans for power boilers, recovery boilers, lime kilns, dissolving tanks, and dryers. These applications, which are integral to the production process, are often very corrosive. Reliability and durability of fans and blowers for such applications are vital for continuous operation. NISCO fans for demanding and corrosive applications ofer real value - saving on future downtime and maintenance costs.... [Read the full story] |
Three Days Exclusive Giveaway-Free Get MacX Video Converter Pro for PC & MacDec 29, 2010 - 8:20:06 PM |
SassyWeb - Web Design Sydney - Web Development SydneyMay 14, 2010 - 9:59:55 AM SassyWeb is a reputable web design Sydney consultancy that is well-known for their out-of-the-box thinking and mind-blowing aesthetics. They have been in the website industry for more than a decade. That is a very long time in the field of the Internet. Nearly all of the services are related to websites. Their services range from website designing to search engine optimization. Their creative process is best reflected from their website at www.SassyWeb.com.au.... [Read the full story] |
Search for articles: |
Latest Articles in All Categories |
Putting Up a Small Commercial Printing Business |
So You Might Be Unemployed And Desire To Become A San Francisco Real Estate Investor Now |
Meditation and Mindfulness: Dealing With Emotion |
CPA Websites: Five Essential Ideas for Composing Convincing Articles |
Set Goals In Order to Come Up With Your Action Plan |
Is the Air in Your Home Safe to Breathe? |
Coarse Fishing Tackle Review: The JW Young 13ft Trotter Rod |
Section 1031 Exchanges For San Diego Real Estate Investors |
Phoenix Real Estate Investing For Highest Possible Earnings |
Legendary are the Volk Racing TE37 Wheels |
Developing the Next Generation Wall Station (ChaseDesk™) for Healthcare - A Case Study |
What are step down transformers? |
Introducing Sharehype, the Revolutionary Tool for Online Marketers |
Rewards To Shopping For Austin Real Estate On The Web |
Hydroponics for Beginners |
Would you like submit your articles and have them approved on a priority status? Find out more about how you can become a Priority author for pennies a day! Click here.
Dime-co.com Home |
|
|
|
|
|
|
|
|
|
|
|
|
|
Disclaimer: Dime-Co.Com is an online information article and video article network. All articles, video articles, comments, and other features herein are for informational purposes only and are provided "as is" without warranties, representations or guarantees of any kind. The views and opinions expressed in an article, comments, links or blogs are the author's own, and not necessarily those of dime-co.com's owners. For full disclaimer, please read our TOS.