Shalom Drizin
Head Officer in Crown Heights, NY
Crown Heights-real estate investor Shalom Drizin, owns and manages a number of properties, including the housing complex Ebbets Field Apartments. This is a housing complex located on the western edge of Brooklyn’s Crown Heights neighborhood. This complex was built in the 60’s on the former basketball stadium Ebbets Field. Shalom acquired the complex’s ownership in the 80’s.
Drizin is the current Head Officer of Fieldbridge Associates LLC, a company that has been active in the Apartment Building Operators industry.
This landlord of a number of properties focuses on providing high standards of service, 24 hour security, onsite maintenance and porter staff.
Aside of his career in real estate, Shalom Drizin is also known as a philanthropist. He donates regularly to to Chabad affiliated schools and centers. He has done a donation of a total of $40,000 to the members of 4 Chabad kollels in Pesach stipends.
Investing in real estate or real estate is an investment alternative that consists of buying a property such as a house, apartment, commercial premises or land, and then selling or renting it.
By investing in real estate one acquires a property to expect its value to increase and then sell it, to rent it immediately, to repair or remodel it and then sell it or rent it, or to build (in the case of having acquired a land) and then sell it or rent it
Experts consider real estate investment as a low risk, safe, and profitable investment.
That is why before doing so we must contemplate the following points so as not to put our investment at risk.
1. To analyze well the property that is thought to buy and the total investment.
2. Think about long-term investment. Do not sell ahead of time.
3. Calculate the profitability of the property before investing.
4. Diversify the investment. It is important not to invest everything in the same market.
5. Presale is the key. Search for projects in pre-sale prices, this ensures even more profitability when it comes to long-term sales.
6. Make sure the property's papers are in order.
7.If you are going to rent.
8.When investing in something that is under construction, see that the construction company has bonds, to ensure that the work is finished.
9. Beware of areas without surplus value. In a place where there is a lot of supply the price does not increase, there are several factors that can limit the increase in value between them: the construction of road axes and the lack of planning to cope with the vehicular traffic load.