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Follow on Google News | York Street Properties Inc. Offers Profitable Returns To Investors During Difficult TimeIn spite of the current global economic conditions, when the housing market has taken a turn for the worse, York Street Properties, Inc. has stood steady and strong and still offers profitable returns for its investors.
By: Yorkstreet Properties York Street Properties does not have a speculative strategy, but rather is based on systematically looking for distressed properties. As the market has turned south and many companies are currently experiencing hardship, York Street's model has not only been impervious and unaffected, but has actually strengthened its bottom line. For the past eight years (YSP, a third generation real estate company, has been in the same family since 1935), the firm has successfully been acquiring assets for as low as fifty cents on the dollar, deep discounts on differed maintenance, ownership default and debt structure problem-riddled properties. The success in buying such homes with extremely deep discounts, refurbishing them for added value and turning them around to investors has enabled the company to strengthen on an interest often as high as fifty percent. York Street Properties has handled over $60 million in assets and accepts applications from private investors only. Accepting investments as low as $5,000 and sometimes up to $2 million, the company uses private investment to actively acquire undervalued property and provide a consistent return of fifteen percent. Martin Bartolami, a semi-retired investor from Chicago is one person who has not been affected by the current real estate crisis. "I originally invested with York Street a little over five years ago when they were really no more than a sweet little hidden operation in Texas. They didn't really advertise and not many people knew about them, but from the first month I invested to today I have been getting my fifteen percent return hassle-free. The peace of mind some of the staff has given me has really made this entire partnership worth it. Especially now when the markets are going crazy because of housing, I am glad to be part of the ones who are riding it out as if nothing happened." # # # We are a third generation real estate investor. York Street Properties was created to give the "non-real estate" person a chance to benefit from the passive monthly cash flow generated from rental portfolios. End
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