When owners and tenants negotiate a lease amendment, they have to be careful about some concerns … [+] that are not obvious. ranjan samarakone Owners, tenants, and their attorneys and other advisers have lately spent a lot of time renegotiating leases to give tenants some breathing room in today’s virus-driven shutdowns. Those negotiations tend to
Real Estate
Can science create the best gaming chair? Herman Miller and Logitech think so. Herman Miller Gaming chairs, like most office chairs, are primarily purchased for function over style. But on July 22nd, 2020, Herman Miller (a brand best known for the iconic chairs designed by Charles and Ray Eames) challenged this notion when they unveiled
getty Homebuilder stocks DR Horton, KB Home, Lennar, PulteGroup and Toll Brothers are not cheap after rising 141% to 237% from lows set between March 18 to March 23. DR Horton and Lennar set all-time intraday highs on Thursday, July 23. Longer-term homebuilders are a buy when their P/E ratios are 8% and lower. Today
(AP Photo/David Zalubowski) ASSOCIATED PRESS Which are the best markets for real estate investment? The cute answer is that you can make a good investment in any market; for each of the 200 markets we follow on a regular basis, there’s an investment strategy that best suits the local economic circumstances. But aside from that
getty As U.S. Senate Majority Leader Mitch McConnell readies to unveil today the Senate proposal for the next coronavirus aid package, assembled together with the White House, the renewal of key policies credited with keeping renters and homeowners afloat during the pandemic remains uncertain. Many discussions on Capitol Hill have focused on the merits of
Jeffrey Epstein pictured in 2004. RICK FRIEDMAN/CORBIS VIA GETTY IMAGES Two of the homes in the real estate portfolio of deceased financier Jeffrey Epstein have come to market this week, as first reported by the Wall Street Journal. The first is a seven-floor, $88 million mansion measuring 28,000 square feet on New York’s East 71st
Applications for mortgages continue to increase Getty Usually this is the time of year when we start to see homebuying slow down for the peak summer months, but not this year. Not even close. This past week the applications for purchasing a home were 19.1% higher than they were a year ago, according to the
What are NYC buyers likely to buy, and how much will they want to pay for it? What neighborhoods and … [+] property types are hot? getty What are New York City buyers looking for? What are they likely to buy, and how much will they want to pay for it? What neighborhoods and property
Build Me Up premiers on HGTV on July 22nd at 9:00 pm. HGTV Build Me Up on HGTV is the home renovation show the world needs right now. Featuring interior designer Orlando Soria of Unspouse My House and Secrets From A Stylist, every episode shares the story and home renovation of someone going through a major life transition. Soria
As a real estate investor, property valuation is one of the most important–and most challenging–skills to master. You need to determine the value of the property, how much it will sell for and what kind of profit you can expect. While this can be difficult, making appropriate valuations will help you make better investment decisions
Property technology like that offered by Logical Buildings’ SmartKit AI, is helping ease some of the … [+] pressures being faced by multifamily building property managers during the pandemic era. logical Buildings For generations in American big cities, folks lived a lot of their typical workday out of the home. Average days might find an
COVID-19 is making people take a hard look at their investment strategies, estate planning, insurance and their real estate. Market volatility has given rise to “experts” who are coming out of the woodwork with spam emails and ads that offer assistance with stocks or investment opportunities in hard assets like gold coins. Bad decisions are
null Getty With Covid-19 hitting large cities the hardest, people have started looking to the suburbs. Headlines like “Coronavirus Escape: To the Suburbs” in the New York Times, “Coronavirus: Americans flee cities for the suburbs” in USA Today, “Will the Coronavirus Make the Suburbs Popular Again?” in Architectural Digest suggest an impending mass exodus to suburbia. And according
Finding great REITs can be a daunting task, especially during a pandemic like the one we’re living in right now. Lost in the uncertainty, few investors recognize that now is actually the time to act. It’s time to take advantage of mispricing opportunities in order to build a portfolio of “everlasting gobstopper” income. In order
Mortgage rates written on a model of house. Getty The threshold many thought could never be crossed, has been crossed. The average interest rate for a 30-year mortgage dropped below 3%, as Freddie Mac reported yesterday, settling in at 2.98% for the week that ended July 16th. For a 15 year loan the average rate
Manhattan, and its priciest apartments, fared the worst in the StreetEasy analysis. Getty With demand falling during the coronavirus pandemic, rents in Manhattan fell for the first time since the Great Recession during the last quarter, according to an analysis from New York City listing site StreetEasy. Nearly 35% of Manhattan rentals were discounted, with
The latest HouseCanary market report, an analysis of public records and 200 multiple listing … [+] services, shows that for the week ending July 12 the volume of listings under contract tumbled 15.3% nationally from the preceding seven days. Getty The recent rise of coronavirus cases may stifle the so-far brisk recovery of the housing
Mike Hambright is a real estate investor, mentor and coach, and is the Founder of FlipNerd.com and the Investor Fuel Mastermind. Getty In the real estate investing industry, we all have different business plans and business goals. Some of us have a focus on building our rental portfolio, while others might want to wholesale everything for quick
Co-Founder & CEO of Replay Listings, a mobile-based platform to find rental apartments in New York City through unedited videos. Getty As the CEO of a real estate technology company focused on video listings, I’ve seen virtual tours that are so beautiful they make me want to buy that property. I’ve also seen some video tours
Aaron Galvin is the CEO & Founder of Luxury Living Chicago Realty, a multifamily consulting, marketing, branding and strategy brokerage. Getty Apartment hunting as we know it has changed. As the owner of a brokerage firm specializing in apartment leasing, I have seen the current pandemic dramatically shift how apartments are being marketed and leased. And