Peter's Blog

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Real Estate Broker/Owner - Broad & Bailey Realty LLC
RECENT BLOG POSTS
  Buy a Home, Save Money!The first thing that most people think when buying a home is, "How much is it going to cost?" What many people fail to ask is, "How much am I going to save?" I know it might seem contradictory at first, but you can actually save quite a bit of money by buying a home. No,...
01/25/2010
Pleasantville, NY              Pleasantville, NY5 BR, 4 Bath - $899,000 Lovingly maintained, immaculate home on one of Pleasantville's most sought-after streets. Built in 1963, half acre of property; walk to all Pleasantville Schools, park, train, stores, theater. Over 2,800 sq. ft. - 4/5 bedroom...
09/16/2009
How many times have you been in situations where you saw a house that was priced much lower than the same house in another neighborhood or state? I feel that I run into these situations all the time. So what is it that creates these fluctuations in price? How does the "Free Market" do this? It's ...
09/14/2009
Catching up with a friend, we got into the conversation of real estate. Not a foreign subject to either of us since I am a licensed real estate broker, he is a contractor as well as both of us being multi-property owners. The conversation began when I asked him if he knew of a particular large sc...
09/10/2009
Many of my friends own apartment buildings in the Bronx. I also owned a building there several years ago. If you're unfamiliar with the area, you're probably saying to yourself "Now why would anyone want to buy a building in the Bronx!" Well, if you're a real estate investor and live in the NYC a...
09/04/2009
In 1994, I bought my first building in the Bronx, a 21 unit 5 story walk-up. I really didn't know what to expect, I had never owned a building before. I remember one night speaking with my wife just before we bought the building. She had said to me "you can teach me how to manage the building, an...
08/10/2009
53 South Washington Street Tarrytown, NY - Apt 1NMap & Directions 1 BR apartment on first floor with full Bath in 7 family building.Rent: $1,400 per month       Security Deposit: $1,400Available: September 1, 2009       Heat and hot water includedGreat location, apartment will be renovated, all ...
08/10/2009
In the current edition of Realtor  magazine, there is an article written by John E. Grippa. He says as home prices drop, so should property taxes. After reading the article, all I kept thinking was that there seems to be something wrong with this concept. I don't mean that John E. Grippa is wrong...
10/24/2008
The year was 1977, New York City, on the verge of bankruptcy, dreary, dark, crime was rampant. It was like a scene of Gotham City from "Batman." Real estate was so bad; the City of NY became the biggest landlord in the city as landlords abandoned their buildings, the city obligated to pick them u...
07/22/2008
Often I get asked "Pleasantville? Like the movie?" I reply "yes, only in color". With a population of just over 7,000 and an area of less than 2 square miles, Pleasantville is small yet highly desirable. Located in central Westchester, just 45 minutes from mid-town Manhattan. It's small size does...
07/20/2008
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