Remember Me
forgot your password?

Investment Properties in Hudson Valley

Located just over two hours from New York and boasting a natural environment with wide open spaces, and small friendly communities, Hudson Valley is a popular choice for a getaway vacation home. The current buyer's market has made it possible for more people than ever to purchase an affordable 2nd home.

The price for properties vary, but the rule of thumb is the closer go to New York City, the more expensive the property. In the Hudson Valley, there are considerably more homes available in the $275,000 to $350,000 range. If you're looking for a larger property or a big home with a view, then you'll be approaching the $350,000 to $500,000 range. If you're seeking a country estate or a renovated farmhouse this can be had from $500,000 to $1 million (or higher).

Deals can be found by purchasing a home via the foreclosure listings or the auction route, but be sure to work with an experienced professional who can guide you in this process and ensure you have all the bases covered.

In addition to weekend homes, these properties make ideal vacation rentals. If you live in New York City, the property is located close enough that you can make the occasional quick trip to deal with any maintenance issues that may come up.

Numerous property management companies have sprouted up in the last few years that can assist you in establishing rental rates, screening tenants, marketing, and property maintenance. Many homeowners prefer to employ their own cleaning people, and this can be very effective, but expect to go through a few bad apples before you find the right one. It's always a good idea to be there during the first cleaning so that you can establish expectations and meet your potential employees in person.

When choosing the area for your vacation home, apart from price, you'll want to think about the activities you enjoy. If you are a skier, check out Accord, NY set amongst the Catskill Mountains and conveniently located near the Belleayre Ski Center.

If you like being on the water, the town of Esopus is set on the Hudson River, or High falls built along the canal and famous for its antiquing, specialty shops and great restaurants.

Take small trips to many of these towns and see what area is the best fit for you. Decide if your investment will be used exclusively by yourself or if you'll be renting it out. If so, decide whether you'll manage the property or employ the services of a property management company. Any good realtor will be able to assist you in this process.

Lou Lynch

Nutshell Realty, Hudson Valley real estate experts. Visit NutshellRealty.com for an online guide to Hudson Valley, Catskill and Esopus NY real estate.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Real Estate Articles
  • More from Lou Lynch

What to Know Before You Refinance Your House

By: Jason Kay | 26/12/2009
If you own your home and you are looking to save some money, a great way to accomplish this may be to refinance your house. Interest rates are always going to vary and these days they are on the lower side when you look at the rates historically. If you've...

Improve Your Credit Score

By: Sonia | 26/12/2009
Your credit score plays a major role in home purchase especially if you are relying on a mortgage to make your purchase. There are several ways to further improve your credit score to get the best mortgage deal around.

Carter realestate

By: Pinki Gupta | 26/12/2009
When you are looking for a tailor-made property investment deal, a key drop in has to stand for the dominance price.

Carter realestate

By: Pinki Gupta | 26/12/2009
When you are looking to make money, the old adage holds true: "Buy low, Sell high". In other words, "You make your money when you buy, not when you sell".

Village realestate

By: Pinki Gupta | 26/12/2009
In this article we are vivacity to go into how you can add value to property and how getting into debt is without reservation a very good motion that can enter on you very, severely rich.

Rock realestate

By: Pinki Gupta | 26/12/2009
The decision to invest in long green (or "real estate" as bona fide is often called) is the most important settlement that you will ever make in your quest to pass into savory.

Free realestate

By: Pinki Gupta | 26/12/2009
Much of North Carolina is freaky and considered a nice stabilize to live. You might trimmed be thinking about buying real estate there, particularly sway an hangout that has develop into quite the tourist destination, called Asheville, NC.

Stephense realesate

By: Pinki Gupta | 26/12/2009
In this state of Virginia many people will find that the landscape is perfectly utile seeing every person's dream house.

Waterfront Yard Care for Healthy Lakes

By: Lou Lynch | 23/04/2008 | Real Estate
If there's one thing Ulster County has, it's a lot of lakefront living. With 36 large bodies of water, protection of the aquatic environment should be of top priority to those living in Ulster County or anywhere else with a similar landscape. So what can owners of waterfront property, especially those on septic systems, do to maximize the health of their favorite lake? A lot!

Renovate your Garage

By: Lou Lynch | 19/02/2008 | Remodeling
If you're like many homeowners, you may need extra space, but you can't afford to embark on a full scale home addition. Maybe the extra space you need has been there all along, hidden under piles of boxes, sports equipment and garden tools - the garage.

Investment Properties in Hudson Valley

By: Lou Lynch | 19/02/2008 | Real Estate
Located just over two hours from New York and boasting a natural environment with wide open spaces, and small friendly communities, Hudson Valley is a popular choice for a getaway vacation home. The current buyer's market has made it possible for more people than ever to purchase an affordable 2nd home.

Decorate Using the Two-thirds Rule

By: Lou Lynch | 19/02/2008 | Interior Design
I don't know how many times I've decorated a coffee table, or tried to add some accent pieces to a room, but something just wasn't right. You can use the most exquisite ornaments, but if they aren't in scale or in proper proportion with the rest of the room, your design will never work.

Great New Home Gift Ideas

By: Lou Lynch | 25/01/2008 | Real Estate
Moving into a new home inevitably brings unexpected expenses. First time home owners, who are starting from scratch, can be in for a big surprise, there are so many things they need to set up house. Maybe you're planning on buying a house-warming gift, but you're not sure what to choose. Here is a handy list of ideas to help kick-start your gift giving plans.

What a Garage is Really Good for

By: Lou Lynch | 25/01/2008 | Remodeling
If you're currently giving one of the biggest rooms in your house to your car, or even worse - to a bunch of old junk, you might want to consider converting the space to something that's better used by the people in your family.

Disclose Now and Prevent Future Problems

By: Lou Lynch | 16/01/2008 | Real Estate
Every house has its flaws, and while realtors always stress how you can dress up your home for a quick and well priced sale, that doesn't mean hiding all its real flaws. In fact, many disclosures are mandatory.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.31, 6, w2)