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Showing posts matching the search for people making 120 percent

Here's Your Chance To Score A $613/Month Studio At Hudson Yards: Gothamist

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You, too, can live with these beautiful people in the clouds ( additional fees apply ) Rents are going nowhere but up and wages aren't really going anywhere at all, so obviously this is as good a time as ever to play the housing lottery. Yes, even though I've argued many times that they should really call it the jack squattery since that's all I've ever won from it, I'd recommend you try to snag one of affordable apartments now available at 555Ten at Hudson Yards. The city's latest batch of affordable apartments come in two flavors of income bands. For people making 40% of the city's Area Median Income , there are 60 apartments ranging from $613/month to $875/month. To qualify, household incomes will have to come in somewhere between $22,903 and $44,280, depending on the size of your household. There are also a handful of affordable apartments available for people making 120 percent of AMI, or households making $68,709 and $132,840. Those 30 apartments ran...

House-flipping is all the rage. But beware – it’s a lot harder than it looks on TV

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House-flipping hit its highest levels last year since before the recession as investors seek to capitalize on rising home prices and a seller’s market with tight inventory. But the process is nothing like what you see on TV, where it looks like a home can be bought, gutted, renovated and resold in less than an hour – not including commercial breaks . The truth is often much messier, real estate professionals in Charlotte said. “It’s a lot easier to lose money in this business than it is to make it,” said Jeff Johnson, owner of NewPath Properties , which specializes in buying and rehabbing distressed properties . Still, that’s not deterring people from giving it a try in Charlotte. First-quarter figures from Attom Data Solutions show flips – defined as the same property selling twice in a 12-month period same year – made up more than 6 percent of sales in the Charlotte region, or 540 sales. House-flipping increased almost 4 percent from a year ago, though it remains well below the cit...

Los Angeles Apartments - Freshome

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Collect this idea Rooftop lounge at The Dylan in West Hollywood As the second-largest city in the U.S. with the biggest population in California, Los Angeles has mountains, beaches and deserts all within a short driving distance . In addition to a multitude of outdoor activities, L.A. offers job opportunities galore ; its diverse economy is the third largest in the world, after Tokyo and New York. Some of L.A.’s biggest industries include culture , fashion, education, sports, entertainment, medicine and a booming startup tech field that is thriving on the Westside ( nicknamed Silicon Beach ). Los Angeles is often called the creative capital of the world , as one in six residents works in the creative industries of music, TV or film. Not surprisingly, the city has a thriving arts scene . There are more than 800 museums and art galleries in Los Angeles County —   more per person than any other city in the world. And for night owls, the nightclub and restaurant scene offers plenty of...