NVC Blog

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American Apartment Rents Climb Over 4%, the Fastest Rate Since 2007 Crisis

Rent in apartments and condos saw a greater increase than any year since 2007, presenting increased profit opportunity for landlords, but also new concerns about affordability for renters. According to a recent survey from independent real estate researcher Reis, average rental rates across the nation rose a staggering 4.6% in 2015 — the most significant uptick since the mid-2010's recession. In the current market, an average monthly apartment rent is approximately ...

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Is Your Property Ready for a Long, Cold Winter?

In New York, New Jersey, Pennsylvania, and Delaware, the long winter has just begun. As we move out of fall into the heart of winter, it’s a good time to start thinking about winterizing your property or properties. As property managers, asset managers, developers, and brokers, we here at New Vistas Corporation understand the importance of maintaining a property for the season. Below are the most important winter maintenance projects. ...

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4 Summer Rental Tips for Property Owners

With spring already in full swing, many rental property owners are starting to look ahead to the upcoming vacation season. Summer -- the busiest rental season -- is just around the corner. It’s time to dust off those linens and prepare for the make-or-break time of year. For property owners looking for new levels of success in 2016, here are the top four summer rental business tips to follow. Take Fresh Pictures Studies ...

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Investing in Commercial Real Estate

Commercial Real Estate

Most real estate investors begin their careers with residential investments and slowly move on to commercial properties. Commercial properties tend to be more lucrative to invest in, but the process is also more complicated. While residential investing is fairly straightforward, commercial investing requires an altogether different skill set, a more aggressive strategy, and a greater awareness of the economic and social trends that could affect your investment. Economic trends come in ...

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Meet the Real Estate Partner Next Door

For the past 30 years, New Vistas Corporation has been leading the real estate industry in the Tri-State Area with our all-inclusive property management services and unparalleled customer service. NVC is a fully bonded and insured New Jersey based real estate development and management company. We have offices in Northfield and Woodbridge, New Jersey. Experience the difference in your real estate, development and management needs with New Vistas Corporation.   Our ...

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Questions to Ask a Commercial Real Estate Asset Manager

There’s no doubt about the value asset managers offer to commercial property owners, but all asset managers are not created equal. The following are the basic questions any property owner should be asking an asset manager before investing in their services. Why should I trust you? Common social courtesy demands that you wouldn’t ask the question this bluntly, but this is more or less what you’re trying to figure out. Trust is ...

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Expanding Your Portfolio in the Golden Age of Rentals

In the wake of 2008's financial crisis, more and more Americans — from fresh-out-of-the-nest Millennials to young professionals with new families to established adults — are choosing renting over property ownership. This trend is true of commercial as well as residential properties, and it’s supported by solid fundamentals. The Trulia Report A February 2016 study from online real estate giant Trulia supports this trend, with the data showing a 5% increase in the ...

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Property Management Tips for Tenant Satisfaction

Keeping tenant satisfaction high may be the biggest factor in successful property management. Attracting new tenants and filling vacancies are valuable skills, and both are inevitable necessities, but keeping current tenants happy and in place is the most efficient way to generate the kind of return on investment you’re looking for as a property investor. Unfortunately for many property managers, keeping renters satisfied proves to be harder than expected. If you ...

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How will soaring Interest Rates Impact You?

With the economy on the mend, the Federal Reserve ended its asset-purchase program in October, indicating the Fed believes growth and job creation have finally achieved enough momentum to continue without its stimulus. Now that this quantitative easing is over, interest rates will eventually rise. Here are a few ways this will affect you and your wallet. Loans Its been cheaper than ever to borrow money since the Feb began slashing interest ...

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Real Estate Investing in 2016: What You Need to Know

With the economy gradually strengthening in its recovery from the 2008 housing crash, more and more people are confidently investing in real estate again. The lure of exponential returns has helped real estate quickly regain its popularity among investors, but the same old risks are still there. If you didn’t learn the lesson in 2008, property investing can be a fairly volatile venture. Here are a few suggestions that will help ...

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