The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

Buying Your First Vacation Rental Investment – 2023

Are you interested in expanding your financial portfolio and building your nest egg by getting into real estate? Invest in real estate. Purchasing a vacation rental investment property is an intelligent strategy. Therefore, if you choose a booming market, you… Read More

Buying a co-op in NYC (2023)

Is it worth buying a coop in NYC? Buying a coop in NYC can be tricky. It takes longer and requires more steps than buying a condo, so it’s advisable to plan. Here’s what you need to know. Co-op apartments… Read More

What is a Bridge Loan to buy a Home in New York?

New Yorkers often struggle to get the downpayment when buying a property in New York City. Getting a mortgage isn’t easy. Many options help people get to ownership of an NYC home. The two most significant concerns buyers face when getting… Read More

Best New Constructions in NYC for 2020-2021

Many people dream of living in NYC. For some, it becomes a reality. Every year, there’s no shortage of supply. Despite the COVID-19 crisis, modern new constructions keep popping up on New York’s skyline. Therefore, the NestApple team has gathered… Read More

Buying a Condo in NYC

Buying a condo in NYC is a dream for millions of people. If you’re considering buying an apartment in NYC, condos are a great place to start. Is it worth buying a condo in NYC? They’re easy to purchase and… Read More

Condo Vs Coop in NYC: What to buy? (2020)

Real Estate 101: Before buying a home or renting one in New York, you must master these concepts. Condo vs. Co-op in NYC: What to Buy? If you’re purchasing a home in NYC, it’s essential to understand the pros and… Read More

Five Steps to Getting Your First Investment Property in 2023

Buying your first real estate investment property is a significant commitment. You must know a few key things: what to look for,  much you can charge for rent, and how much you can spend on expenses. With the proper tools… Read More

Buying and selling with a tenant in place (2019)

Buying or selling a property in New York City with an existing tenant is often more challenging than dealing with a vacant unit. It applies primarily to co-op and single-family homes and does not cater to investors. However, buying a… Read More

Do-it-Yourself Real Estate Due Diligence in NYC (2018)

When buying property, it can feel like a lot is happening all at once. The attorneys finalize the deal, draft and negotiate the contract quickly. Then, the building’s board and management provide various “due diligence” materials. A wealth of publicly available information can… Read More

Mortgage Contingency Clause in NYC (2018)

Simply put, a mortgage contingency clause in NYC real estate ensures the following: Say a buyer wants to buy a home and applies for a loan from a bank. If the buyer fails to obtain a firm commitment for a… Read More

What is “post closing liquidity” in NYC Co-ops? (2018)

Several concepts are essential to understand when buying an apartment in New York. Calculating Coop post-closing liquidity for a mortgage in NYC is one of them. In summary, it means: after closing, how much money will you have available? It would be… Read More

The final home walkthrough checklist in NYC (2018)

You finally made it and can see the end in sight. You are hours away from getting the keys to your new place. The final home walkthrough in NYC is one of the last steps in the purchase process, and it serves as the… Read More

How to win a bidding war in New York City (2018)

NYC’s real estate market is one of the most competitive in the world for home buyers. For example, you think you have found your dream home on StreetEasy and attend the open house only to learn that you are competing… Read More

Buying a New Development in NYC (2018)

New development apartments sometimes represent a challenge for buyers. Everything gets brand new, and they often include luxury amenities you can’t find in older buildings. It’s not hard to buy a home. However, buying into a new building development in… Read More

REBNY rules on buyer representation in New York City (2018)

What is a “procuring cause” when buying a home? How to find a broker in NYC? Which agent is entitled to the buyer’s broker commission in NYC? Should a purchaser sign a broker agreement in NYC? We will review the… Read More