Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! Scaling a business challenges many founders. The process is difficult, confusing and tedious, and it requires a unique skill set. The benefits are obvious (more revenue, more opportunities, etc.) but the risks are sizable as well. Perhaps so many founders fail
Real Estate
After an unfortunate delay due to Covid, the collegiate Solar Decathlon (SD) event is about to happen next week – for the first time it will be virtual. For those not aware of this event – the Solar Decathlon is run by the United States Depart of Energy and is an incredibly inspiring event. It
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Marketing real estate isn’t an exact science, and for that reason, it can be perplexing. Consistency is the key to successful marketing outcomes. You can’t know what method will be the most effective for you if you only
A view of the water never gets old – even when the view has been enjoyed by homeowners since the 18th century. This authentic French farmhouse is set near the seaside resort town of Cabourg along the English Channel in Normandy. Vacationers have been drawn by the moderate coastal climate and stunning beauty of the
Paul McClean of McClean Design has designed some of Southern California’s most spectacular ultramodern mansions, but a new concept for a sprawling oceanfront compound on Hawaii’s Big Island may be the architect’s most ambitious project yet. The sprawling nine-bedroom mansion concept, for which architectural plans have been approved, is part of the latest estate offerings
For the past few decades, the sledgehammer has begun most remodeling projects. Countless design shows depict, early in the program, gleeful homeowners and builders knocking down walls as they transform yet another traditional home design into the open concept floor plan we are all said to favor. An open concept layout combines living, family and
Australia’s housing sector has proven to be exceptionally resilient during the coronavirus pandemic, with each of the country’s capital cities seeing an annual rise in property prices. Last month, the Australian Bureau of Statistics reported a 3% increase in residential property prices in the December quarter 2020, led by Sydney (at 3%) and Melbourne (3.4%).
The Biden administration unveiled a $2 trillion infrastructure plan last week, and it contains some much-needed wellness design enhancements for American homes. Even its goals of increasing affordable housing stock and improving public housing advances the ideal of everyone having a safe, healthy place to live. The pandemic pointed out the importance of this ideal,
Real estate is not an “easy” career choice—I’ll be the first to admit that. It’s a stressful job with 24/7 responsibilities and a lot of disappointment. There are millions of real estate agents out there; Many are competent, hard-working, and reliable, but there will always be some who are not. I’ve been fired by clients
Office rents rising in 2020? Positive GDP growth during a global health crisis? Seems unimaginable, unless you live in Vietnam. The country’s list of feats this past year has been remarkable given the current health and economic hardships across the world. Vietnam had incredible success containing Covid-19, with the country of 96 million people registering
The Beverly House, a grand Beverly Hills mansion once owned by newspaper tycoon William Randolph Hearst and actress Marion Davies, is back on the market for about $90 million. A titan of industry. A Hollywood starlet. A scandalous affair. An iconic movie. Many Los Angeles homes come with colorful backstories, but few tell a tale
Every technology has multiple phases of innovation. 3D printing technology has been evolving at a very quick pace – champions have been using it recently to print everything from airplane engines to custom shoes. Now, Mighty Buildings is using 3D printing to build an entire community of homes in Palm Springs, CA. The community will
A rocky bump rising in the bay between San Francisco and Oakland, Yerba Buena Island is a dramatic and historic part of the City by the Bay. In 1868, an army camp was established here which, in 1875, led to the construction of an octagonal lighthouse that still stands. Over the years, it has been
It’s alive! That’s what we learned about the New York City real estate market during the first quarter of 2021. Somehow the new year awoke in New Yorkers a realization of their commitment to life in the city. Low prices, at levels not seen since 2011, combined with record low interest rates and the prospect
What does one do with the summer residence of Portuguese nobility? The privately-owned Brejoeira Palace, just south of Monção, Portugal, offers many possibilities. Lacking a crown and subjects, one could be a land baron. The 74-acre rural estate includes 44 acres of vineyards, 20 acres of woods and 7.5 acres of gardens. There’s even a
Eric is a Real Estate investor, founder of MartelTurnkey, and author of Stop Trading Your Time for Money. Even if achieving financial independence is your No. 1 goal, how to make that a reality is far from obvious. A critical first step is to understand your expenses. Make sure your revenue is greater than your spending. This
Chris Sands, Founder and CEO, Sands Investment Group (SIG). In commercial real estate sales, a common philosophy is the “win-win or no deal” approach. This suggests that both parties in a transaction should aim for a mutually beneficial outcome or walk away from the deal altogether. This brings both parties’ needs into consideration while anticipating an
Oli Farago, Co-Founder and CEO of Coyote Software. The talent war brewing in the commercial real estate industry remains competitive, with employers parsing through a limited pool of top professionals who possess highly sought-after skills and experiences. Surprisingly, the pandemic has not eased this tug-of-war. In fact, remote working mandates have hastened the hunt for dynamic
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. Many multifamily operators are still making important decisions about property operations, maintenance, budgeting and more with little to no real-time data because they simply don’t have it available. Instead, they try to make sense of an unorganized “data dump” for decision-making
For seven straight weeks interest rates have seen increases, with this week being no exception. They landed at 3.18%, per the Freddie Mac weekly report—only a slight rise from last week’s 3.17%. Just two months ago they were under 3%, after a string of decreases leading to the records continually being broken for the lowest