What to Do with an Inheritance
Friday, July 24
An inheritance is a bittersweet gift. Though it can provide a much-appreciated financial windfall, it comes at the price of a loved one. In most cases, the deceased individual who has bequeathed this inheritance will want it to improve the lives of those he or she left behind. There are a number...
4 Essential Power Structures for Real Estate Investors
Friday, July 24
Whether you buy and hold, fix and flip, invest with your retirement account, or a combination thereof, real estate investors are exposed to more liability than those who invest elsewhere. There are inherent risks to property ownership that you won’t encounter investing in stocks. Additionally, re...
Investors sue Tampa firm accused of $170 million Ponzi scheme
Friday, July 24
A Tampa real estate investment firm recently accused by federal officials of running a $170 million Ponzi scheme is now the focus of a second lawsuit filed by investors. A half-dozen individual investors sued EquiAlt, company owner and chief executive officer Brian Davison, managing director, in...
Broker Denied Commission
Friday, July 24
In P.Zaccaro Co. v. DHA Capital, LLC, 70 N.Y.S.3d 458 (N.Y. App. Div.), New York appellate court affirms lower court ruling that brokerage acted as an undisclosed dual agent and therefore could not seek a commission from the transaction. A real estate brokerage (“Firm”) brought a lawsuit against...
Should You Consider Investing in Tertiary Markets?
Friday, July 24
For real estate investors, markets come in three ranks: primary, secondary, and tertiary markets. Although sometimes considered “less than ideal” due to this ranking coupled with smaller populations, tertiary markets can be an attractive investment option for investors looking to generate increas...
Distress Mounts in U.S. Property Market Frozen by Pandemic
Friday, July 24
Investment sales of U.S. commercial properties fell by 68 percent year-over-year in the second quarter, according to RCA. The U.S. commercial real estate market is showing ever greater signs of stress, but there are still few deals to be had. Transactions fell 68% in the second quarter across al...