Washington Realty Capital Group LLC

This is a video of a renovated apartment in 610 Main Street. This video was taken after the upgrades were performed.

Owning real estate as an investment offers many benefits. A primary benefit is cash flow. Real estate can pay regular cash payments to the owner. This cash flow is paid from the rents that are collected. Of course the property must be profitable, meaning that the rents received in any period (monthly or annually) must be greater than all of the expenses required to run the property properly. If rental income exceeds all operating expenses a profit is produced and this profit can be paid directly to the property owner in cash.

Real estate is real. That is why it is called real estate. Real estate or real property is the earth beneath our feet and the buildings that may be constructed upon it. As an investment, the concrete, real nature of real estate is very different from financial instruments such as stocks, bonds and currencies. For this reason and others, real estate is the most sought after investment.

The real estate business has pluses and minuses. Like so many things in business and in life there are benefits, positive aspects and liabilities, negative aspects. The pros and cons of real estate as a business and as an investment will be discussed in future posts.

610 Main Street New Rochelle , New York

Washington Realty Capital is now selling investment units in the property located at 610 Main Street, New Rochelle, NY. We currently own and manage the property. The building includes two commercial tenants and two 3 bedroom apartments. The minimum investment is $10,000. and buys 3.77 % of the. property. It entitles the investor to 3.77% of the operating cash flow as well as 3.77% of any profits on the sale of the property. The total amount of the offering is $262,000. We will continue to be an owner, investor and manager of the property. Only Accredited Investors may buy the investment units currently offered.