22 December 2020 | 26 replies
Here are some excerpts:"All-cash transactions have come to account for a quarter of all residential real estate purchases, “totaling hundreds of billions of dollars nationwide,” the Financial Crimes Enforcement Network – the financial crimes unit of the federal Treasury Department, also known as FinCEN – noted in a 2017 news"also from the article:“It reminds me of Moldova after the fall of the Soviet Union: oligarchs running wild, stashing their gains in buildings,” James Wright, an attorney and former Treasury Department bank examiner, told me.
23 December 2020 | 41 replies
SOooooo that means telling multi-million/billion dollar entities "uh uhm, ah yes, we decided you no longer own those properties, yes those billions in mortgages you hold, GONE, please accept this "yah USA" lapel pin for your donation".
21 December 2020 | 8 replies
Hi Kyle, I just received an email from NAR(National Association of Realtors) stating that Congress just passed another COVID Relief Package and included the below info:-Provides $25 billion to the states through Sept. 30, 2022, for rental assistance and allows landlords to apply for funds on behalf of tenantsIncludes payments for rent in arrears as well as utilities and other expenses related to housingExtends federal eviction ban through the end of JanuaryIt is somewhat vague info, but something to look into in terms of applying on behalf of your tenants.
6 February 2021 | 6 replies
Below is a quote from the article, emphasis is mine:Provides $25 billion to the states through Sept. 30, 2022, for rental assistance and allows landlords to apply for funds on behalf of tenants.
21 December 2020 | 0 replies
I would rush to give a 500 refund of making billions to unhappy customers 😒 This is the day the Lors has made for me.
31 December 2020 | 11 replies
A lot of people get caught up in trying to find the perfect location, but unless you're deploying hundreds of millions or maybe (b)illion?
15 October 2020 | 0 replies
https://www.har.com/content/newsroom/Houston Real Estate Highlights in September:-Single-family home sales increased for a fourth consecutive month, rocketing 29.1 percent year-over-year with 9,101 units sold;-The Days on Market (DOM) figure for single-family homes lowered from 56 to 51 days;-Total property sales shot up 31.9 percent with 11,137 units sold;-Total dollar volume soared 43.6 percent to $3.4 billion;-The single-family home median price rose 8.3 percent to $265,000 – the highest median price for a September;-The single-family home average price increased 10.1 percent to $329,801 – the highest average price for a September;-Single-family homes months of inventory registered a 2.5-months supply, down from 3.9 months last -September and below the national inventory level of 3.0 months.
22 October 2020 | 0 replies
Year to date for 2020, new projects, expansions, and increased scope of previously announced projects will result in 852 new jobs and more than $1 billion in new capital investment in the Huntsville Metro.https://hsvchamber.org/chamber...
1 January 2021 | 15 replies
So wonderful that a company called WeWork made a multi billion dollar business out of exactly this.
2 November 2020 | 6 replies
Brazil is the worlds 7th largest economy and there are billions in international money waiting on the sidelines for major infrastructure projects.