Self-challenge leads to a lifetime of opportunity. Someone once asked me how I view my success. After thinking about it, I replied that success is a journey of self-exploration and of constantly challenging one’s self. If you improve, good things happen. If you don’t challenge yourself, life is...
In the third quarter of 2019, overall home flips dropped 12.9% over the previous quarter and were down 6.8% from a year ago, according to ATTOM Data Solutions' third-quarter 2019 U.S. Home Flipping Report. Home flipping rates were down in 78% of the local markets (115 of...
Home ownership consumes 32.5% of wages in fourth quarter 2019 The fourth quarter 2019 U.S. Home Affordability Report, released in mid-December by data provider ATTOM Data Solutions, shows that median home prices in the fourth quarter of 2019 were unaffordable for average wage earners in 344 of...
The city is poised for a prolonged economic expansion. As 2019 ended, several Florida cities hit the headlines for incredibly low unemployment. Tampa, Florida, was near the top of the list. With a 2.2% increase in jobs and just 2.7% unemployment, the city sometimes called “The Big Guava” is poised...
EXIT Realty’s Tami Bonnell builds on human potential. For Tami Bonnell, CEO of EXIT Realty, everything in real estate is about opportunity. “Everything we do at EXIT is about helping regional owners, broker-owners and associates have more control of their businesses, their investing and their...
Toorak is building new spaces in the real estate lending sector. Just a few years ago, there were very few options for real estate investors seeking to finance single-family rental properties, obtain single- family and multifamily bridge loans, or renovate single- or multifamily properties on an...
Why you may be confusing the two and missing out on your best options Fix-and-flip and hard money loans are among the most popular financing programs for investors in single and multifamily homes. Although they are two different products, many people both inside and outside the mortgage and real...
Here’s what property managers must know to reduce the hidden risks in renters insurance platforms. Many property managers use fully automated renters insurance platforms. These solutions are efficient and effective. They deliver bottomline benefits to both property managers and residents. Most...
The BRRRR approach isn’t sexy or quick, but it does provide a clear path for building wealth consistently and with lower risk. The BRRRR—Buy, Rehab, Rent, Refinance, Repeat—strategy is all the rage today in real estate investment. Essentially, the BRRRR strategy is just buy and hold, but it...
