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Showing posts from 2016

Real Estate Star Adam Hochfelder with a Mission Statement

After several hot years, the real estate market is starting to move at a slower speed, but as a sign of encouragement real estate executive, Adam Hochfelder has a message for the real estate agents. “A new opportunity can be brought out of every change; all you have to do is look for it”. This star of New York real estate business has stuck to this advice his entire life. Now that he is serving as the Managing Director of Real Estate Acquisitions & Development at Merchants Hospitality, Hochfelder found a new way to train and educate agents and broker on how to build better relationships with their potential customers, and run their businesses more professionally in general. Held online, without any financial reimbursement, his classes are small, with up to 20 agents, and in order to customize his advice and activities according to the agent’s level of experience. That’s why he usually forms smaller groups with similarly experienced agents. As part of his goal to help them

Real Estate Taxes in New York

In the last three years in New York State, almost three billion dollars were collected from real estate taxes. So, in 2015, were collected 828.6 million dollars, which means 13 percent less than in 2014, when from real estate taxes 950.7 million dollars were collected. Also, that is 27 percent less than in 2013, when 1.13 billion dollars were collected. These data were the basic reason for Adam Hochfelder to reduce the taxes on real estates. Helen Keit - a licensed real estate broker, says that reducing the taxes by 2 percent will considerably increase the turnover. Mr. Hochfelder explains that it is the total amount of money collected on taxes, including sale and purchase, inheritance, maintenance and all other types of real estate turnover. Known as the "Wharton Whiz Kid" for his fast rise to fame, Adam Hochfelder has the ability to leverage exclusive deals, fearlessness towards risk and endless ambition. All this helped him generate multimillion-dollar deals as well

Real Estate Property Future Value

Trying to find a home on your own can be a very difficult task, and if you're not familiar with the market you might end up getting the short end of the stick. Purchasing a home for the first time can be stressful and overwhelming, and it might bring potential pitfalls. But according to NYC real estate executive Adam C. Hochfelder , being aware of those issues can protect you from costly mistakes and make you shop with confidence. When it comes to buying real estate property, you should have all the information available in order to ensure success. But perhaps even more important than the good sides are the pitfalls than one must avoid, so you can play the property game with ease and confidence. There several factors that can affect the present and future market value of a property and as a potential buyer understanding those key factors will help you in making a safe and smart investment decision. First and foremost, Hochfelder stresses that you need to focus on both the sh

Adam H - Labor Market Outlook

The Bureau of Labor Statistics recently announced their results from the studies regarding the future of the labor market in the U.S.A, in which several experts, including business real estate executive Adam Hochfelder, elaborated their thesis on the labor market outlook. Apart from the actual trend of employment development, the study focused on the employment dynamics in the major industry sectors by 2035. The further expansion of the labor market and the ongoing worldwide globalization of industry, trade, and services are resulting in new and changed skills requirements for employees. Hochfelder , an ARTIC member, has extensive experience in the real estate market, and as he says the world financial markets are comparing every location in terms of the profitability of an investment. Due to the increasing number of retiring workers and the constant population growth, new job openings are forecasted, which means the number of workers is expected to increase. Considering this, A

Hochfelder: Why Millennials Don’t Spend on Things but on Experiences?

Instead of buying property and belongings, Millennials, or the Millennial Generation, born between 1980 and 2000, is turning to the “experience economy “or the “economy of happiness”. As New York businessman Adam Hochfelder explains, for them, experiencing something has greater worth than buying a branded handbag. The shift in the consumer’s habits has left a serious mark in the stock market. The last few years have brought an increase in everything related to travel, airline, industry experience, massive festivals, sports championships, restaurants, and cafes, whose tracking indexes in the US and the European stock markets have reached the highest value, after 2011. Massive festivals embrace every category of electronic dance music, with more than 150 appearances, in 3 days on 4 stages. The latest sound systems, lighting spectacles, and fireworks lead the ultimate journey through the entire spectrum of electronic music. There meet the most beautiful creatures in the world with

Hochfelder recommends that you research before you invest

Real estate is a business and like any other, it also requires that you plan, analyze, negotiate and manage. If it’s not producing a profit, your business won’t stay in business for very long. Adam Hochfelder has been in the real estate industry for over three decades. As he explains, this business demands a certain level of commitment. But unlike many other businesses, real estate allows you to control your working hours and set your own schedule. The important thing is to set the goals that you want to achieve, and then work to make that happen. Setting clear and specific investment goals will pave the way toward becoming financially independent. In real estate, objectivity is very important. As human beings, we have the tendency to either like or dislike a certain property. But if you are in the investment business this can be a big financial mistake. That’s why objectivity is the key to success as an investor. Knowledge is the other tool that can save you from sure failure.

Adam talking about - Due Diligence

When you decide on buying a real estate property, Adam Hochfelder, a real estate businessman suggests that you pay attention to due diligence, because it is rather important, and if you don't take care of it on time, you might regret it later. Quite often, when people get excited about getting a deal done they lose sight of the mechanics of knowing what we're buying. When it comes to the commercial property there is one thing for sure, and that is that the seller always knows more about the property than you do. As a buyer it's your job to gather as much information as possible about the property, find out the things that the seller might have left out, or perhaps wasn't even aware of, and use the collected data to make an intelligent decision about the deal. As Hochfelder further explains, market analysis is always the first step of due diligence. During this process, you need to gather and analyze the information related to demographic, socio-graphic, and g