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ADI Home
Providing Investment Properties in the USA; Managed, let & producing an Income
Welcome to American Dream Investments. We provide an all inclusive service sourcing investment properties in Syracuse, New York State, USA. It is our aim to source properties for our clients providing an average annual return of 20% net, after annual management and fixed annual running costs, and up to 40% gross per annum. We offer a tailor-made service to suit each client’s individual requirements, ranging from the small investor who wants to buy just one property to large investment companies who are seeking to build property portfolios or pension plans. With the cost of investments starting in the region of $25,000, we are able to offer a service that allows even the smallest investor to start building a property portfolio. Some of the properties we currently have available can be viewed on our property pages.
Stop Press: 2011 CNN Story... Syracuse is 3rd in affordable housing.
CNN Money says this about Syracuse; This old city grew prosperous on the Erie Canal trade. It became an industrial town where many different products from traffic signals to chemicals were made. Today, most of its biggest employers are in the educational and service fields.
The metro area has grown very slowly during its post-industrial age, leaving a large inventory of housing that sells off slowly. Meanwhile, Syracuse-area workers are quite well paid, with a median wage of close to $65,000. Unemployment, at 8.3%, is below the national average.
High income and depressed home prices result in excellent housing affordability scores.
Why buy From A.D.I?
1. Locations: We will advise you on the location for your investment. It is very important to buy in the right location, you can buy a very desirable looking property for what seems to be a bargain price but if it is in a challenged area it will be difficult to find tenants, the rents are lower in these areas and the tenants that will rent in these areas can be unreliable. We will advise you on the different areas and, if a tenant moves out of one of our properties, it will be easy to find another tenant; we only sell properties in areas of high rental demand.
2. Our Syracuse Representative: We have a dedicated representative in Syracuse who personally inspects each property for our clients to give an overall picture of the property, its tenants and the area. Our representative is our eyes in Syracuse, he has been established in the city for many years and has a wealth of knowledge of the real estate market, and he represents our clients and is there to give advice and guidance.
3. The Management Company: Will carry out a full report on your prospective purchase covering; the neighbourhood description, demographics of the area, level of tenant demand for the property, level of rents in the area and long-term appreciation.
4. Surveys: We will have a five point home inspection carried out on your prospective purchase by an independent, bank approved surveyor prior to the completion of your purchase for your approval.
5. The Complete Service: When buying a property through ADI you are represented by an attorney based in Syracuse, he is there to act for you and protect your interests every step of the way, he has thirty years’ experience and is a partner in the law firm. When buying through ADI you are protected and kept informed at every stage, you get a full view of the buying process, it is the complete purchase and management service. These properties can be bought and managed using our service from any part of the world without leaving the comfort of your armchair, but if you wish to visit the city our representative will be happy to meet and show you around.
6. Contact: We are always available to answer your questions and we are keen to explain our service and the benefits of investing in Syracuse, feel free to contact us without obligation.
Why buy in Syracuse.
Despite global property market slumps, stock market crashes and government bailing out of banks, Syracuse property prices are holding firm. Seeing a slight increase last year, Syracuse is listed in 2011 by CNN Money as the third most affordable place to live and work in the USA. This vibrant city, which remains the fifth most highly populated in New York State, is situated about 250 miles (downtown Syracuse to downtown New York) to the North-West of New York City. Assets include the city’s own Airport, Hancock International, and the large and well-respected Syracuse University which boasts a three-hundred acre campus. This impressive university is the city’s biggest employer, housing teaching hospitals which specialise in fields such as Bio-Technology and Pharmaceuticals. These industries have been attracted to the city since the 1980’s, which has resulted in a much lower unemployment / higher employment rate than the national average. With about 65% of inhabitants choosing to rent in Syracuse, there is a very high demand for rental properties and, along with the city’s additional assets; Syracuse has proven itself an excellent area to invest in.
Currency exchange & pricing
Please note all properties are priced in United States Dollars, the prices quoted in other currencies are estimated and for guidance only as the exchange rates are constantly changing.
For the best rates when exchanging your currencies for buying your property in the USA we recommend you use Currency Index by clicking on the "CURRENCY EXCHANGE" button.
The personal service we provide
We offer an "all in one service" supplying properties from a single family dwelling to an apartment block with more than ten units. We will;
1. Source the property and negotiate the best possible price.
2. Instruct a lawyer to act and protect your interest throughout the sale, up to completion.
3. Introduce the home inspector and surveyor / appraiser to supply an independent valuation of the property and survey report.
4. Provide an agent to manage the properties.
The types of properties explained.
There are three main categories of property which are as follows;
1. Single Family. This is a single dwelling house - these are in high demand and prices start at $20,000 in our key areas. The average rent achieved is $600-00-$800-00 per month, per unit and they offer excellent returns of up to 30% gross before operating expenses are deducted.
2. Multi Family. This is a property consisting of two or more units - the prices start at $30,000 in our target areas, the average rents achieved per unit are; for a one bedroom = $400-00 , two bedroom = $500-00, three bedroom = $600-00 and for four bedroom = $700-00, per unit, per month. These properties can offer higher returns than the single family properties and are an excellent way to build large portfolios rapidly. Note: properties with three bedrooms or more need a certificate of compliance from the city and are inspected every five years.
3. Apartment/Condo. This is a single apartment. Can be purchased as a single unit or multiple units in one block.
Please look at our selection of properties for sale and feel free to contact us without obligation and we will be glad to answer any questions you may have
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