The Best Reasons Why You Need To Do Rental Investment

If you’ve come into a little extra money, or you’ve been working hard to put away savings, there’s no doubt you’ve been wondering what the best way is to invest that money. If you’ve never considered a rental investment, now is the time to give it some thought. Not only can it be a great decision from a financial standpoint; it can also provide you with another residence that you can make use of if you choose.

The Best Reasons Why You Need To Do Rental Investment

Here’s a look at some of the best reasons to consider a rental investment.

A Lovely Retirement Home Down the Road

One of the top reasons people end up investing in a rental vacation property is that they hope to be able to take advantage of it themselves in their retirement years. While you may still be busy in your career with many years left until you retire, there’s nothing wrong with planning for your future, especially if that includes a restful location to enjoy your golden years.

Enjoy Owning a Second Home Without Having to Absorb All the Costs

If the idea of owning a second home appeals to you but you don’t have the extra income to pay for it, investing in a rental property can make excellent financial sense. Think about it, you’ll have the vacation home available to you to use if you like, but at the same time, your guests are paying the mortgage.

The Best Reasons Why You Need To Do Rental Investment

Where you need to be careful is that you don’t block off too much time for your own use, as this will take away from your profits. Ideally, you want the income from the guests to cover all the carrying costs, and a little extra is possible. Experts recommend that you don’t stay in the home for any more than 10% of the year if you don’t want to eat into your profits too much.

Discover a New Destination and Culture

Rather than just staying in random hotels on your vacation each year, when you own a vacation home you get to learn about that destination, its people, the culture, and its history. It’s an immersive experience since you become a home-owner rather than just a guest.

You Will Spend Less on Vacations

For some people, owning a second home is actually a way to make vacations more affordable. Think about it, you won't be paying for a hotel when you're on holiday and, ideally, you'll have enough guests booked year-round that your expenses are virtually nothing. All you will have to pay for is the flights to and from your vacation property.

A Couple of Buying Tips to Keep in Mind

If you do decide that a vacation home is for you, then there are a few tips to keep in mind. First of all, the location should be a huge factor. You want to pick a home that is not just appealing to you but would be appealing to guests as well, says Greg, rental executive at luxuryvillasmalta.com. What this means is that you want to look for places that offer scenic views, are close to towns/attractions/landmarks, offer dining nearby, and aren’t difficult to reach from the airport.

You’ll also have to decide whether you want to put work into the home and purchase a fixer-upper or if you want to get a place that is ready-to-go so there are no nasty surprises in the budget.

Purchasing a rental investment can end up being an excellent financial decision for you, not just right now but for your future and well into your retirement years.

Whoopi Goldberg and Marc Jacobs Help Raise Over $270,000 For SAGE

Whoopi Goldberg and Marc Jacobs were among the over 2,000 attendees at the 32nd Annual Toys Party, held last night at Pier 60 in Chelsea, which raised over $270,000 for SAGE (Services and Advocacy for GLBT Elders) and collected over 5,000 toys. Marc Jacobs brought so many toys, they needed help unloading them all from the car!

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Inside Corcoran Sunshine Third CS Talks Event

Celebrating its third year of CS Talks, Corcoran Sunshine Marketing Group brought in more than 1,250 real estate industry professionals for an eight-day series of creative events and dialogues which spanned 17 new developments.

Started in 2015 CS Talks brings in Industry professionals in the city's top new developmental projects offering unique persectives similar to TED Talks

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This year’s CS Talks kicked off at Waterline Square where guests sipped on Bellinis and previewed the Cipriani dining and food hall experience James Linsley of GID Development Group and Maggio Cipriani are planning for the development.

Some of the events consisted of 

  • Food52 founder Amanda Hesser, along with interior architect Jeffrey Beers, discussed the ever-evolving restaurant scene in NoMad at one of Corcoran Sunshine’s newest projects 277 Fifth Avenue.
  •  The significance of Hudson Yards by Related Companies was featured in three separate events that touched on culture, new public parks, and sustainability— all key aspects of the development. Related CEO Jeff Blau also spoke to the dynamic changes underway in West Chelsea at the penthouse of Zaha Hadid’s 520 West 28th Street  on The High Line.

Related: New York City's Top Luxury Buildings

  • The changing face of the retail landscape with grocery impresario Eli Zabar at 389 E. 89 was a popular event for Zabar loyalists, and The Rudin Family’s Greenwich Lanefeatured a cooking demonstration and risotto tasting in the chef’s kitchen amenity space, presented by famed Italian eatery Sant Ambroeus.
  • Four Seasons Private Residences unveiled the 82nd floor Penthouse model residence for an exclusive Savoir Faire partnership between Silverstein Properties and Louis Vuitton, presented by Robert Vecsler, Silverstein Properties President of Residential Development.
  • The official launch of Tribeca’s 45 Park Place brought designer Piero Lissoni over from Italy especially for the event, hosted by developer Sharif El-Gamal of SoHo Properties.
  • The grand finale of CS Talks included a champagne toast to celebrate the unveiling of Brad Ford’s design for The Penthouse at Tribeca’s One Hundred Barclay.

“This year’s compelling events at CS Talks resonated with the city’s top agents and industry tastemakers, who came out in record numbers,” said Kelly Kennedy Mack, President of Corcoran Sunshine Marketing Group. “New development is intertwined with arts, culture, and dining in New York, and CS Talks is a celebration of that fascinating meeting point.”

New York Terraces To Have All Year Long

While the weather continues to drop many of us miss the opportunity to go outside and take in what the city has to offer. We've compiled a list of our favorite listings with Instagram worthy terraces where you'll want to be outside all year round without leaving your home. With a rooftop pool or a kitchen to grill year round you can't go wrong with these options.

87 Mercer Street, PHB - SoHo - Nolita

UPDATE: No longer available

This luxurious Manhattan Penthouse provides the unique opportunity to own a 2,350 square foot bi-level private rooftop terrace with a pool detail. Three sides of floor-to-ceiling Nano doors seamlessly blend the indoor living space with the outdoor roof decks. Whether relaxing by the fireplace or entertaining on the double-level terrace, the features are endless. In the center of the outdoor area is a top-of-the-line Kalamazoo stainless steel kitchen, which includes a 60-inch hybrid grill, a beverage center, a wine fridge, an ice maker, a dishwasher, endless counter space, and a large sink. Here, the city skyline steals the show; from One World Trade to the iconic water towers of SoHo. Completing the terrace experience is a ten-person custom stainless steel water installation and a 55 inch outdoor TV with surround sound.

Price: $24,995,000
Broker: Frances Katzen at Douglas Elliman
See here for more

 

2150 Broadway, PH1A - Upper West Side, NY 

Prepare to be wowed as you step on the 2,200+ SF landscaped roof deck; it is truly astounding. An entertainers delight, no summer home required! With its custom kitchen and bar outfitted with Kalamazoo appliances, you will only need to choose your favorite angle, your favorite view, as your private oasis offers multiple lounging and dining options.

Price: $23,000,000
Broker: Jennifer Kalish at Douglas Elliman
See here for more

 

7 Hubert Street, TH3 - TriBeCa, NY

The Townhouse at The Hubert. Have it all with this quintessential family home at a premier full service condo located in the heart of TriBeCa. This extra wide, sun flooded townhouse is perfectly divided into three levels consisting of 4 bedrooms and 5.5 baths. A gracious entryway leads to the main floor including the kitchen with top of the line appliances and an open dining area. Through the kitchen is the private parking garage with accessory space, which can easily be reconfigured to its intended fourth bedroom with separate entry. The center of the home is the expansive 32' wide great room with 12' ceilings and a decorative white onyx fireplace. Massive California doors open out to the secluded 800 sq. ft. patio, complete with an oversized Sundance Spa. 

Price: $18,750,000
Broker: Jane Powers at Douglas Elliman
See here for more

 

1 Plaza Street West, PH - Park Slope, NY

This one-of-a-kind Penthouse features inspirational five-borough views, from sunrise over Prospect Park, north to the New York and Brooklyn skyline and beyond, to the sunset past New York Harbor, and south to the Verrazano Bridge.  With private wraparound terraces surrounding the apartment, this stunning Brooklyn Penthouse will make you feel like you've stepped into a sanctuary, full of warmth, air, and light, every time you arrive home. With multiple terrace exits, you'll enjoy inside/outside living from your bird's-eye perch. In the winter, cozy up beside the working fireplace with a view over your domain.

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Price: $3,498,000
Broker: Scott Klein, Paul Hyun and Elizabeth Vilarino  at Douglas Elliman
See here for more

327 East 9th Street, TRIPLEX - East Village, NY


327 East 9th is a one of a kind boutique rental building that redefines the townhouse experience. Perfectly located on an intimate, tree-lined street in the Heart of the East Village between 1st and 2nd Avenue.  This triplex residence features: 3,700 Sqft, 5 Large Bedrooms, 4 Full Bathrooms and 1 Half Bath,Private Keyed Elevator, 5-Fixture Master Baths with Radiant Heated Floors, Private Roof Deck with Full Outdoor Kitchen, Private Balconies with Wrought Iron Railings, Floor-through Living and Dining, Radiant Heated White Oak Chevron Floors, Large Chef's Kitchen with Italian Arabescato Marble Island and Custom Christopher Peacock Cabinetry, Wolf, Miele and SubZero Appliances with 106-Bottle Wine Storage, Sweeping Architectural Staircases, 2 Electric Gas Powered Fireplaces adorned in Pietra Cardosa SandstoneWalk in Closet, Laundry Room with Vented LG Washer & Dryer and Multi-zone Central Air.

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Price: $30,000 a month
Broker: Cole Riley at Douglas Elliman
See here for more

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Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

What to Gift the Health and Beauty Nut This Holiday Season

You bought everything you wanted on Black Friday, now what do you get for the person who already has everything in fitness, health, and beauty? The person who does yoga in the morning and getting their hair blown at night while sipping green juice at all times. While you may not be thinking clearly, there's actually lots you can get them

Check below to see what to get the Lululemon wearing fan in your life. We promise they will love a trip to Red Mountain Resort or start their day with Clarisonic.

What to Gift the Health and Beauty Nut This Holiday Season

Clarisonic Alpha Fit

The gift that will keep on giving all year round. Clarasonic revolutionizes the way men and women clean their face, as this tool has allowed beauty addicts to clean beyond their hands.

A brand new, compact and waterproof design fits in the palm of your hand and is easily portable for gym, travel and on-the-go cleansing.

If you want to gift the special someone this gift, feel free to pick up an extra bush for yourself! 

$219 Shop Here


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Alterna Haircare Caviar Clinical Daily Densifying Kit 

No one wants thinning hair, male, female, which makes this gift just as good as real caviar. A thinning hair treatment set for fuller, healthier and denser-looking hair.a targeted anti-aging kit formulated with luxurious Caviar Extract & Red Clover Densifying Complex, which helps combat the causes of thinning hair and provides fuller, denser-looking hair.

The kit includes: 1. Daily Detoxifying Shampoo: gentle cleanses scalp and hair, soothing irritated skin and eliminating buildup and 2. Daily Densifying Foam: improves blood circulation, encouraging thicker, fuller, stronger hair that looks and feels denser from the inside out.

$57 Shop Here


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Fitbit Aria 2

This stylish scale will keep you fit all year round as it measures weight, body fat percentage, lean mass and BMI. Being able to sync with your other Fitbit apparel the scale tracks your progress with simple, easy-to-read graphs. With a modern, polished glass surface for a scale that looks stylish anywhere

$129,50 Shop Here

See more from Ask Men


What to Gift the Health and Beauty Nut This Holiday Season

Fitcode

Why put in so much effort it doesn't maximize your body's potential. Fitcode helps you understand how your DNA affects your fitness potential, so you can get the info you need to fine-tune your routine and reach your goals faster.

A 27-gene profile that helps you understand how your DNA affects your fitness potential, so you can get the info you need to fine-tune your routine and reach your goals faster.

$149 Shop Here


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Red Mountain Resort

Looking to get away and be healthy, while taking in beautiful scenery and being pampered. Nestled in Southwestern Utah’s red rock bluffs, Red Mountain Resort is a one-of-a-kind active destination retreat, inspiring guests to pursue health, wellness, balance and joy. With one of the country’s most breathtaking natural settings as its backdrop.

The resort offers an array of different Retreat Packages which include three healthy meals daily and allow guests to enjoy a number of amazing hotel perks such as daily guided hikes through the surrounding canyons and access to array of unlimited fitness classes (yoga, Pilates, etc.),personal discovery and wellness activities, offered daily.

Learn More


What to Gift the Health and Beauty Nut This Holiday Season

TwinMedix PRO:ESSENTIALS

For the health continence TwinMedix PRO:ESSENTIALS is a cruelty-free, paraben-free, and fragrance-free skincare line developed with the purest, most professional pharmaceutical grade formulas for daily care and protection. Using patented microsponge technology with the goal of transforming, defending, renewing, brightening and resurfacing the skin  

$40-90 Shop Here


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Rise-N-Shine

Just in time for the new year Rise-N-Shine's  Pro Muscle Enhancer is a great companion for a person to maximize their workout, and has Deer Antler, Tongkat Ali, DHEA and more - it can be especially helpful for those who may be hitting the gym after the holidays. 

Other vitamins that they offer are the Bikini Vitamins for weight loss, and the  Vitamin Facial which is like enjoying a facial in a capsule - the natural phytoceramides in each capsule are known to plump up skin, reducing the appearance of fine lines and wrinkles. 

$29.99 Shop Here


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SOUL Electronics’ Run Free Pro H

Wirelessly connected to your phone via Bluetooth, the earphones use Beflex technology to track the runner’s movements and provide real-time voice coaching to improve performance and reduce the risk of injury. The accompanying app analyzes and saves run metrics to show progress and better future runs. Whether running on a treadmill or outside, the Run Free Pro HD makes for the perfect fitness mate.

$129.99 Shop Here


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SUTRA

This pitch black Instagram bestie has everything you need to detox. Not only does it taste like an old school hot chocolate, but it's packed full of healthy superfoods to give you a jolt of natural energy and increase your mental focus. We combined Cacao for natural energy, activated charcoal for a deep detox, reishi for increased brain clarity, coconut milk for gut health, cinnamon/cayenne for a metabolism boost, and vanilla/stevia for a touch of sweetness.

$20-$40 Shop Here


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Bella Schneider Beauty

For the friend who wanderlusts, bring the feeling of vacation to them with this Polynesian inspired gift set. The set contains Organic Lychee & Coconut Face + Body Polish to exfoliate the skin, and Coconut Soufflé Cream + Olive Oil to nourish and moisturize. With use of this polish and cream, skin will feel vacationed and renewed.

$95 Shop Here

Social Concierege Will Help You Find A Date For New Years

We've all done the dating apps, you find some people to talk to, but how often do you actually meet in person? Or even better have a second date with them?

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While dating apps are great to see who is out there, you still need to do some work and actually leave your place (well, most of the time), what's the solution, actually going out! This can now be done with Social Concierge, a group that hosts private dating parties, originally from London.

Rather than swiping left or right, Social Concierge is a private dating club for 20/30-year-olds who have been vetted by their team so everyone you meet will be top tier.

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To kick off the holiday season Social Concierge will be holding a festive party Baby It's Cold Outside, with 150 + single professionals waiting to drink, network and flirt. The event will be hosted by musician Michelle Rose of Frances Rose fame.

In case you can't make it to this event, don't worry! Members (at a low $25 per month cost) have access to 2 invite parties a month at such locations like The Jane Hotel and the Mailroom.

Apply today to join the network in time for the festive celebrations and receive a complimentary guest ticket by using the code, SCLOVE as your proposer:

www.socialconcierge.co.uk/new-york

Facebook or Instagram? How to Choose Your Main Social Media Platform?

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Facebook and Instagram are towering social media giants that also serve as incredible marketing platforms. Social marketing, however, is not just the face-off between these two. Many other social media channels are popping up, while other established networks are also attempting to steal the show. The latter have unparalleled reach, but their success is far from guaranteed.

Due to the rising competition and complex technical dimension, staying on top of the ever-changing social media game can be a daunting challenge.

A plan of attack

Cost-effective social channels empower startups to overcome two of the chief obstacles on the road to success: Limited manpower and constrained budgets. A barrier to entry is low and the playing field is leveled. This is not to say that choices do not matter. On the contrary, they can make or break the whole social media marketing strategy.

First off, note that spreading yourself too thin is not the most efficient approach. Trying to make the most of all platforms tends to bring only mediocre results. Thus, instead of the scattergun tactic, embrace a targeted and focused plan of action. Save work hours, trim your payroll, and utilize platforms that give you substantial ROI.

After all, each channel is used in different ways and by various groups of people. There are no one-size-fits-all solutions or shortcuts to greatness here. You may already feel overwhelmed and that is fine. Many other companies seek social media experts from agencies like Jason Hornung to help them navigate the labyrinth of decisions. 

Nevertheless, it always pays off to educate yourself.

Name of the social game

Facebook or Instagram? How to Choose Your Main Social Media Platform?

The key to making the right call is figuring out your target audience and the networks they use the most. So, conduct a thorough research. Do not fret if you are off to a slow start: Every little bit of spadework will pay dividends in the long run.

Snapchat, for instance, is a real gold mine for businesses that target millennials. To capture their imagination, brands offer behind-the-scenes photos, engaging video content, and feature interviews with prominent figures.

Furthermore, according to Statista.com, men and women between the ages of 25-54 form the bulk of all Facebook users. Because it captures a slightly older market, this channel might not be the primary platform for companies that cater solely to millennials.

Instagram may sound like a no-brainer as it is used by 500 million people worldwide most of whom run it every single day. However, the latest algorithm update changed the way in which posts are presented. They no longer appear in a chronological order, meaning brands lose some of the control over their branding efforts.

Besides, as Forbes points out, Instagram still has a smaller user database than Facebook.

Amalgam of moving parts

This brings us to the point that the target audience is not the only element that influences your decision-making. The aforementioned Instagram, despite the latest technical hullabaloo, is a sound choice for businesses that post a lot of visual content in order to foster a loyal following.

Then again, there is also image-heavy Pinterest to consider. It attracts one group of users, in particular, women the age of 18-49 and it is teeming with brands that offer products in the food, fashion, décor, and art sector. They do not have much use for platforms like LinkedIn, which facilitates business networking and job searches.

As you can see, the choices are never straightforward and answers are rarely cut and dried. Finally, the list of social networks goes on and encompasses some lesser-known, industry-specific, and even obscure examples. Why would you bother with them? Well, being an early adopter of a new platform can turn out to be something that launches your businesses into the stratosphere. 

As we have already said, it all comes down to discovering where your company fits in the market. This should be your guiding principle if you want to make the social media work for you.

 

3 Unique Thanksgiving Spots for 2017

By Emily Bach

With Thanksgiving fast approaching, now seems to be the best time of any to take a trip to somewhere new. For some that may look like a family member’s home, but for others it could be the spot of ultimate relaxation. Here are a few of our favorite places to spend for spending this Thanksgiving in bliss.

3 Unique Thanksgiving Spots for 2017

Hilton Head, SC

This booming island has quickly become a huge hit for the holiday times. Their laid-back and beachy vibes make it the perfect place to sit back, grab a pina colada and enjoy the sound of the waves. For dinner, there are a number of nicer restaurants, from Truffles, with a family-style menu, to Topside, known for their high quality seafood. But, the most notable of restaurants is The Salty Dog, a Hilton Head classic that’s quickly taken over the Atlantic region.

3 Unique Thanksgiving Spots for 2017

Ogden, UT

For a bit of a chillier escape, consider trying out a vacation in Utah. The destination is known for it’s insane ski-slopes, but contains far more beneath the surface. Complete with a cute city center and scads of adorable cabins, the city is the perfect place to go for a Thanksgiving getaway.

3 Unique Thanksgiving Spots for 2017

Washington, DC

If you’re looking to explore and adventure, DC is the place to go. As the nation’s capital, it contains some of the US’ top dining locations and most carefully curated museums. If you’re not an art person, check out the Air and Space Museum, Spy Museum or Bible Museum for a fun, but informative, day. And while you’re there, make sure you don’t miss out on the Washington Monument, it’s a once-in-a-lifetime sight.