How an online portal has made it easier for real estate investors?
Monday, August 03
The coronavirus pandemic has created a challenging environment for real estate investors, especially everyday folks looking to invest in rental properties. Stay-at-home orders resulted in a significant number of sellers pulling their listings, which has meant slim pickings for many would-be inv...
New York City Real Estate
Monday, August 03
In the wake of Covid-19, New York City took an expected dive in real estate transaction volume in the second quarter of this year, dropping to $2.31 billion in sales. - A Decade of Success In 2010, Google purchased 111 Eighth Avenue for $1.9 billion. This marked a tipping point in New York City...
10 mistakes that can kill the real estate deals
Monday, August 03
- Mistake 1: Bad Planning When you make an offer on a house and it gets accepted and you put down your earnest money, you’re probably going to have about 2-4 weeks in between until you actually close on the property. - Mistake 2: Under Budgeting Property Repairs It’s so important to make sure t...
Drafting A Real Estate Business Partnership Agreement
Sunday, August 02
1. Real Estate Business Partnership Roles & Responsibilities For a real estate business partnership to meet the expectations of those forming it, realistic roles must be assigned to each individual. If for nothing else, clearly defining the responsibilities of each partner will lay the found...
Starwood seeks to raise $11 Billion for New Real Estate Wagers
Thursday, July 30
Barry Sternlicht’s Starwood Capital Group is seeking to amass an $11 billion war chest for real estate wagers. The firm is targeting as much as $8 billion for its flagship Starwood Global Opportunity Fund XII, according to people familiar with the matter. It’s seeking another $3 billion for a s...
REO’s (Real Estate Owned) Investing Explained
Thursday, July 30
It's formed from the third and final stage of the foreclosure process. An REO property is created when no one purchases the house at the auction, forcing the bank to buy the property back itself. Remember the bank didn't want the house back, but the property was the collateral for the money lent...