Wednesday, March 29, 2023

Witness the Epic ๐Ÿ™‰ Lamborghini Urus Rally to the Buzzing ๐Ÿ”ฅ NYC Brunch Pa...

๐Ÿ๐Ÿš€๐Ÿ”ฅ Lamborghini Urus Rally for STEM Education - A HUGE Success! ๐Ÿ๐Ÿš€๐Ÿ”ฅ

Hey everyone! Last night, we wrapped up an EPIC Lamborghini Urus Rally to support public school STEM programs, and let us tell you, it was an event to remember! ๐Ÿคฉ๐ŸŽ๐Ÿ’จ

Together, we raised HUNDREDS OF THOUSANDS for this incredible cause, all while having a blast racing through the streets of NYC! ๐ŸŒ† The excitement was palpable, and we were all united in our mission to empower future generations through education. ๐Ÿ“š๐Ÿงช๐Ÿ”ฌ๐Ÿš€

And the party? Oh, it was LIT! ๐Ÿ”ฅ๐Ÿ’ƒ๐Ÿป๐Ÿ•บ๐Ÿป The ultra-exclusive Maison Close opened their doors for our amazing participants and supporters, providing the perfect atmosphere to celebrate our achievements. The music was bumping, the drinks were flowing, and the energy was electric! ⚡️๐Ÿฅ‚๐ŸŽ‰

Thank you to everyone who joined us, contributed, and supported this fantastic event. Together, we're making a real difference in the lives of countless students, inspiring them to pursue careers in science, technology, engineering, and math! ๐ŸŒŸ

๐Ÿ™Œ๐Ÿผ Let's keep driving forward for a brighter future! ๐Ÿ™Œ๐Ÿผ

#LamborghiniUrusRally #STEMEducation #RacingForACause #MaisonCloseNYC #EmpoweringFutureGenerations #CharityEvent

Friday, March 3, 2023

Korean BBQ Tableside Beef Brisket Pork Belly Combo Baekjeong NYC | Victo...

Baekjeong Korean BBQ is a Korean-style BBQ restaurant for meat lovers. 

We prepare marinated beef, pork belly and brisket tableside so you can enjoy a meal that's equally as good as it looks. The quality of the ingredients is second to none. All meats are prepared daily, as is our kimchi and banchan (side dishes).

Friday, February 3, 2023

Achieving Success: Finishing What you Start | Motivational Kevin Hart |...


Katz Delicatessen in the East Village is a NYC institution serving up traditional deli fare - mostly for take out. It's been around for over 100 years, so you know it's doing something right. Their corned beef and pastrami sandwiches come on Jewish rye bread and are piled-high with meat, with some mustard and a side of pickles here and there. It's an often-replicated sandwich that still tastes better at Katz'. The matzo ball soup is also the best I've tasted outside of the many Jewish delis in Brooklyn (which I'm spoiled for choice on when it comes to quality). If you're looking for a warm and delicious place to sample traditional Jewish food in NYC then this should be on your itinerary.

Sunday, January 29, 2023

Dave's Hot Chicken Review WillowBrook Mall NJ | Victor Jung


I was hungry and looking for a place to eat near Willowbrook Mall. I went to Dave's Hot Chicken, which is new to the area. The chicken was tasty and moist with each bite. The sauce was good too! I had the tenders only combo meal, and it came with fries, pickles, and sauce for only $14.73 including tax. I would definitely go back there again! Order was prepared under 8 mins, and staff was attentive. Seating is limited as folks seem to camp out after shopping or just chilling waiting for friends to join the fun.

Thursday, January 26, 2023

NYC Chinese New Year Food Tour Chinatown with Mei Fun and Fried Shrimp D...


New York City Chinatown Lunar New Year celebration with a tour and food tasting. We travel from Uncle Lou's on Mulberry St. to Toni's Rice Noodle on Bayards St. to sample their Mei Fun noodles and shrimp dumplings with ginger, Chinese vegetables, soy sauce, and green onions.

Sunday, January 1, 2023

What are the basics of real estate investing


Real estate investing involves the purchase, ownership, management, and potential sale of real estate properties to generate a profit. It can take many forms, including purchasing a single-family home to rent out, acquiring a multi-unit building to manage as a landlord, or developing a commercial property to lease to businesses.

Here are some basic considerations for real estate investing:

  1. Location: The property’s location can significantly impact its value and potential for profit. Factors to consider include the local economy, demand for housing or commercial space, and the quality of schools, amenities, and transportation.
  2. Property type: Different types of real estate properties, such as residential, commercial, or industrial, can have different investment potential and require different strategies for management and financing.
  3. Financing: There are several options for financing real estate investments, including taking out a mortgage, using cash, or partnering with other investors. It is crucial to carefully consider the terms and costs of any financing arrangement.
  4. Management: Real estate investments often require ongoing management, such as maintaining the property, collecting rent, and handling repairs. This can be done personally or through a property management company.
  5. Risk and return: As with any investment, real estate carries some risk and potential loss. Before committing to it, it is essential to carefully evaluate any real estate investment’s potential risks and returns.

It is also important to consult with a financial advisor and consider the tax implications of real estate investing. Feel free to make an appointment with our advisors to determine next steps.

What are some real estate strategies?

As a seasoned real estate investor, it is vital to have a clear strategy to guide your investment decisions. This should include a thorough understanding of your investment goals, the local real estate market and the properties you are considering.

Below are some additional considerations for developing a successful real estate investment strategy:

  1. Research the market: Conduct in-depth research on the local real estate market, including economic and demographic trends, to identify areas with strong potential for growth and rental demand.
  2. Identify target properties: Look for properties that meet your investment criteria, such as location, property type, and potential for profitability. Consider working with a real estate agent or broker to help you find suitable properties.
  3. Evaluate the potential return on investment: Carefully consider the potential return on investment (ROI) of each property, taking into account the purchase price, estimated repair and maintenance costs, and potential rental income. Use this information to compare properties and make informed investment decisions.
  4. Develop a financing plan: Determine how you will finance your real estate investments, including using mortgages, cash, or partnerships with other investors. Be sure to evaluate the terms and costs of any financing arrangements carefully.
  5. Manage the property: Properly manage the property to ensure it is well-maintained and generates a steady stream of rental income. This may include hiring a property management company, if necessary.
  6. Review and adjust your strategy: Regularly review and assess the performance of your real estate investments and adjust your strategy as needed to ensure that you are meeting your investment goals.

The importance of due diligence before investing in real estate.

Conducting thorough research on the local real estate market is vital in developing a successful investment strategy. This includes analyzing economic and demographic trends and the supply and demand for different real estate properties.

Here are some specific considerations when researching the real estate market:

  1. Economic trends: Look at local and national economic indicators, such as unemployment rates, GDP growth, and population trends, to get a sense of the overall health of the market.
  2. Demographic trends: Consider the age, income level, and lifestyle preferences of the local population, as these can affect the demand for different types of housing and commercial properties.
  3. Supply and demand: Analyze the supply and demand for different types of real estate properties in the area, including rental properties, commercial properties, and single-family homes. Look for areas with strong demand for properties and a limited supply, which can indicate a good investment opportunity.
  4. Property values: Look at property values in the area, including recent sales data and trends over time. This can help you understand the potential value of a property and whether it is likely to appreciate or depreciate.
  5. Rental rates: Research rental rates for different types of properties in the area to get a sense of the potential rental income you could earn from an investment property.

It can also be helpful to speak with local real estate professionals, such as agents and brokers, to get their insights on the market and potential investment opportunities. The team at V Global and Edgemont Financial can assist you with coordinating those meetings.

How to develop a real estate financing plan.

Developing a financing plan is an important step in real estate investing, as it will determine how you will fund your investment and the costs and terms associated with that funding.

Here are some considerations when developing a financing plan for real estate investing:

  1. Determine your budget: Consider how much you have available to invest in real estate and what you can afford to pay for a property. This will help you narrow down your options and identify properties that are within your budget.
  2. Consider financing options: There are several options for financing real estate investments, including taking out a mortgage, using cash, or partnering with other investors. Each option has its own pros and cons, and it is important to carefully evaluate the terms and costs of each option to determine the best fit for your needs.
  3. Look for the best mortgage rates: If you are taking out a mortgage, shop around to find the best rates and terms available. Consider working with a mortgage broker to help you compare options and find the best deal.
  4. Evaluate the costs of financing: Be sure to carefully consider the costs of financing, including any fees, points, or closing costs that may be associated with a mortgage or other financing arrangement.
  5. Consider the impact on your cash flow: Think about how the financing arrangement will impact your cash flow, both in the short-term and the long-term. For example, a higher monthly mortgage payment may eat into your rental income and make it harder to turn a profit.

It is important to consider your financing plan and its impact on your real estate investment. Be sure to consult with a financial advisor or the team at V Global for guidance and advice.

How do you evaluate the potential return on investment on a property?

Evaluating a real estate property’s potential return on investment (ROI) is an essential step in the investment process, as it helps you understand the potential profitability of a property and whether it is a good fit for your investment goals.

Here are some steps to follow when evaluating the potential ROI of a real estate property:

  1. Calculate the total cost: Start by adding up all of the costs associated with the property, including the purchase price, closing costs, and any necessary repairs or renovations.
  2. Estimate the potential rental income: Research rental rates for similar properties in the area and use that information to estimate the potential rental income you could earn from the property.
  3. Subtract operating expenses: From the potential rental income, subtract any operating expenses you will incur, such as property taxes, insurance, utilities, and property management fees. This will give you a rough estimate of your net operating income.
  4. Calculate the ROI: To calculate the ROI, divide the net operating income by the total cost of the property. This will give you a percentage representing the potential investment return.

It is important to note that the ROI calculation is just an estimate and actual returns may vary. Be sure to consider other factors, such as the potential for appreciation or depreciation in the value of the property, when evaluating the potential ROI of a real estate investment.

What is the formula in Microsoft Excel to calculate Return on Investment (ROI)?

Here is an example of how you can use Excel to calculate the return on investment (ROI) for a real estate property:

  1. Open a new Excel workbook and create the following columns: “Purchase Price,” “Closing Costs,” “Repairs/Renovations,” “Rental Income,” “Property Taxes,” “Insurance,” “Utilities,” and “Property Management.”
  2. In the “Purchase Price” column, enter the amount you paid for the property.
  3. In the “Closing Costs” column, enter any closing costs associated with the purchase of the property.
  4. In the “Repairs/Renovations” column, enter the cost of any repairs or renovations you will need to make to the property.
  5. In the “Rental Income” column, enter the estimated monthly rental income you will receive from the property.
  6. In the “Property Taxes” column, enter the annual property tax amount.
  7. In the “Insurance” column, enter the annual insurance cost for the property.
  8. In the “Utilities” column, enter the estimated monthly utility costs for the property.
  9. In the “Property Management” column, enter the monthly cost of property management, if applicable.
  10. To calculate the total cost of the property, create a new row at the bottom of the table and enter the following formula: “=SUM(A2:C2)+SUM(F2:I2)”. This will add up the purchase price, closing costs, repairs/renovations, annual property taxes, insurance, and property management costs.
  11. To calculate the net operating income, create another row and enter the following formula: “=SUM(D2:D13)-SUM(F2:I2)-SUM(J2:J13)”. This will subtract the operating expenses (property taxes, insurance, utilities, and property management) from the rental income.
  12. To calculate the ROI, create a final row and enter the formula: “=G14/G2”. This will divide the net operating income by the total cost of the property to give you the ROI as a percentage.

Note: This is just one example of how you can use Excel to calculate the ROI for a real estate property. The specific formulas and calculations will depend on your specific investment and the data you have available. Contact our team for more information if you need assistance in creating investment models.

Friday, December 30, 2022

Clase Azul Tequila Gift Shop at Cabo International Airport


The Cabo International Airport is home to the Clase Azul Tequila Gift Shop. The most important thing to bring back from Mexico, other than a sombrero and a hangover caused by poor-quality tequila, is this carry-on gift and souvenir. One of the best memories at the airport.

Thursday, December 1, 2022

Hard Money Loans: How to Strategically Finance Your Rental Properties | ...


Hard Money Loans: How to Strategically Finance Your Rental Properties

Understanding hard money loans doesn’t have to be hard!

The expert team from Kiavi and TurboTenant will discuss the basics of hard money loans and the benefits of using them before diving into the ins and outs of financing your rental property to maximize your monthly cash flow.

How to Get Started in Rental Property Investments

While there are many ways to invest in real estate, investment approaches can be broken down into two primary categories – fixing and flipping a property to resell it quickly for a profit and buying and holding a property long-term to rent. Let’s take a look at the latter. With a buy-and-hold strategy, real estate investors reap the benefits of rental income, appreciation, and profits generated by the property. Investing in rental properties also provides passive income, stable cash flow, tax advantages, diversification, and leverage.For those who aren’t sure how to get started, we’re digging into the information you need to keep in mind.

Why invest in rental properties?

Investing in rental has long been considered a sound investment–that sentiment continues to grow as tenant demand, occupancy levels, rental income growth, and property values soar. The white-hot rental market across the nation is spurring both seasoned real estate investors and beginners to dive in headfirst. Rising home prices paired with increasing rents put real estate investors in a promising position, encouraging many investors to add new properties to their portfolios, even as mortgage rates have risen in 2022.

What are the benefits of rental properties?

Investing in rental properties benefits the real estate investor in different ways, like positive cash flow, potential tax benefits, and property appreciation, to name a few. Let’s further examine what these benefits can mean to you.

Positive cash flow

In rental investing, positive cash flow is the goal, which is when money is added to your bank account monthly from your occupied rental properties. Once you begin to add more properties to your portfolio, many investors earn positive cash flow without having to go to a 9 5 job or punch a time clock daily. Determining the amount of positive cash flow you will receive on a rental property is basic math. You simply calculate the property’s net operating income (NOI)by adding up the total rent minus all expenses. The resulting number is your positive cash flow.

Saturday, October 8, 2022

7 TOP Home Kits Under $30k You Can Build Yourself


DIY home kits are growing into a rage. Every year more and more home kit manufactures are entering the market. Some good, most bad. I cherry picked 7 (+1) home kit manufacturers including one that I already purchased and two others that I will be purchasing for future projects. Whether you're looking for affordable housing to live in, rent out or even land hack, if you are able to put in a little sweat equity, these kits maybe the best bang for the buck for you. Obviously check your local zoning and permitting requirements before committing to any one of these options in the video. If you're too lazy to watch the video here's the list (but you'll miss out on my very insightful take on them): 7. Home Depot Tuff Sheds 6. Bungalow in a Box 5. Pacific Yurts 4. Den Outdoors 3. Allwood Sommersby 2. Pacific Domes 1. Avrames (Honorable Mention: Deltec)

DWELL Magazine Just Released Their Own PREFAB HOME!!


DWELL Magazine has just released their own prefab home! One of the most popular publications in all of housing has officially entered the prefab home space with their new ADU call The Dwell House. This is huge news for the prefab home industry as it's the second magazine I've seen partner with an offsite construction builder this month alone. I think this new trend of prefab builders partnering with publications with a massive reach is a brilliant idea that will be mutually beneficial for both parties and people looking to buy a prefab home. In this video I look at who has partnered, what they're building and how much it'll cost. Watch to learn more about the DWELL House!

Sunday, October 2, 2022

Azure Printed Homes - Our Process


The prefab home space is one of the most exciting to watch as new companies take their ideas from concept to sellable home. A company I've been following has been a lot of attention lately with their lineup of homes that promise fast build times and affordability. They've been getting a bunch of orders but up until now people have only seen their finished backyard studio and had been relying on renderings to decide whether or not to buy. The company I'm talking about is called Azure Printed Homes and they today I'm going to give you the first look at their first build, The Iris. In this video I'll show you the first Azure Printed Homes Iris, tell you what stage of production it's at along with more exciting stuff they have going on at Azure. Check out Azure Printed Homes:: https://www.azureprintedhomes.com/

Twitter Updates