When it comes to New York, most people think that all locations are the same and will give them a good return on investment. But, as Arthur Becker explains on Bloomberg, you need to be careful when investing in real estate. You need to do your research and find out the locations that are worth investing. Arthur Becker is a technology junkie and have spent most of his career in the technology industry, but moved on to real estate industry when he saw the potential this industry has. He felt that the real estate investment industry was still untapped and one could easily earn a good ROI by investing smartly.
One of the biggest projects that Arthur has taken up is to invest in townhouses located on Sullivan Street, reports curbed.com. In exchange for a significant amount of shares that he held, he purchased the townhouses and would convert them into rentals. He had performed research and found out that such rentals are in high demand in New York and would perform well. The townhouses are located in a prestigious area of New York, and Arthur has plans of converting the townhouses along with adjacent space to build a complex.
Arthur urged people to invest in properties that people would want to live in. For example, the Sullivan Street is a lively neighborhood and the real estate properties in the area are fast growing in demand. He is planning to convert the townhouses into great homes so that people would want to buy those properties. His plan is to transform the landscape of the street in the coming years and make it one of the op areas for people to invest in.
Those looking to invest in real estate properties need to learn about it from one of the pioneer in the field, Arthur Becker. He has held the position of MD of Atlantic Investors for more than 15 years and has helped carry the vision of the company forward and reaching new goals. He earned his Bachelor Degree in Business from the Bennington College and also have a business degree from the Tuck School of Business at Dartmouth.