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John J. Farrell
Licensed Real Estate Associate Broker
John Farrell's Blog
JOHNS VIEWPOINT FOR TODAY IN BROOME COUNTY....
Musings on investing today.
Factors
a: Greater Binghamton N.Y. has a small supply of willing and able managing/landlord/investors.
b: Greater Binghamton has large supply of available properties.
c: Most need defered mainteniance !
d: Greater BInghamton has the LARGEST YIELD SPREAD PREMIUM for owner/operators in my 34 years in the Broome County Real Estate business. I.E. borrowing rates 5-6% and cap rates from 8-20% depending on location and...JOHNS VIEWPOINT FOR TODAY IN BROOME COUNTY....
Musings on investing today.
Factors
a: Greater Binghamton N.Y. has a small supply of willing and able managing/landlord/investors.
b: Greater Binghamton has large supply of available properties.
c: Most need defered mainteniance !
d: Greater BInghamton has the LARGEST YIELD SPREAD PREMIUM for owner/operators in my 34 years in the Broome County Real Estate business. I.E. borrowing rates 5-6% and cap rates from 8-20% depending on location and...
