Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Real Estate Problem Solver


Introduction

There are many areas one can invest in. Since I was 15 years old I have looked for the fastest, most effective way to accumulate a lot of wealth, with the least amount of risk. I am now 58. While looking for this road to truth, I spent a lot of time in the school of hard knocks. The school of hard knocks is a very interesting but painful school to attend. It is also the most expensive way to learn something, but when you graduate you have a PHD in what to do and not do with your time and money. The schools I attended were: Investing in businesses as a silent partner, owning my own businesses, working for another family member-in my case my father, buying publicly traded stocks and securities, penny mining stocks, commodity trading, investing in gold and silver, real estate private lending, real estate development, real estate remodeling, buying foreclosure properties. I also worked as a real estate problem solver/matchmaker, bringing business owners together with business buyers, and matching up real estate owners with real estate buyers.

Writing about all of these activities would take an encyclopedia, so we will limit this essay to the kinds of situations you can run across in the real estate school of hard knocks. I will present my solution with the given situation. There are more than one possible solution and I invite you to come up with other possible solutions as you read. If you get some value from my experiences that will hopefully lower your tuition to the real estate school of hard knocks. Feel free to e-mail me your comments, alternate solution or stories. Do, please, let me know that it is all right for me to publish them.

My Real Estate Philosophy

As a way of introducing myself, I thought you might find what lessons I have learned, after all these years of real estate, interesting. Buy real estate instead of stocks, bonds, mutual funds, or commodities. When you pick a winner in one of these non-real estate areas you can make 5-10 times your money. When you are wrong, in one of these non-real estate areas, you can actually loose up to 90% of your money. In real estate, if you are not greedy-not trying to get rich quick-in one year, you can make 100 times your money, on the upside. The downside risk is only based on how well you looked at all the possibilities ahead of time. If you did, the downside risk is reduced to only the holding time to fix a mistake. If you rush in and do not explore all the possibilities of a business venture, you can actually loose 100% of your money. In my mind an upside of 100 times profit is better than 10 times profit.

My philosophy on real estate ownership has changed in the last 15 years. I used to think that selling at the top of the market was the smart move and buying in the crash. Now I feel that buying when prices are down is still a smart move but never selling is the way to go. In order to hold on to a property in a down market you require proper planning to survive the crash. This I call a back door or emergency plan. This is have a plan and knowing what you will do if everything goes wrong with you original plan. When you have a backup plan, you rarely need it. This is the basis of my philosophy. With this understanding, you might more clearly see why I did what I did in these situations.

The Stories and article:

The area of real estate investing is one of the most complex because it is a combination of law and real estate. It is one of the most interesting because fortunes are made and lost in this area, and the numbers are so enormous. Lastly it is an area where crooks can make a lot of money and many times get away with it. Following are some stories (case histories) I have dealt with and some articles I have written on the subject of fraud in real estate. Finally, I have included an article on the basics of foreclosures and real estate in general, for your interest. I hope you enjoy them.

The Stories:

Story #1:
It was early March 2000 and I received a call from Kevin. He said that he had heard about me from some mutual friends. He wanted to speculate in buying HUD houses (Properties that the Government had foreclosed on). He wanted to buy them, fix them up and then sell them at a profit. He had heard that I had bought many foreclosures in the 1970's and 80's and he was hoping I could advise him. We met for lunch and he told me his life story. The important part of this conversation is that he had bought a boarded up 14 unit apartment building in downtown San Bernardino, across the street, from one of the roughest high schools in California.

By the end of the meeting, I had figured out that he had overpaid about $75,000 for the building, he had already wasted $200,000 trying to remodel it, and it was still $100,000 away from being finished. He had bought it 1.5 years ago and a large part of his costs was the interest on all his loans, related to this project. He was now broke, and in deep trouble, but in his mind, the badly needed money was coming.

It is interesting to note where he got the money to invest in this project. 4 years earlier he was given money to buy an apartment building by his father. He was given enough money that he only needed a very small $150,000 real estate loan to purchase a building in Pasadena that cost him a total of $525,000. In order to buy the San Bernardino rehab project, he first refinanced the first trust deed on the Pasadena building and jumped the loan balance to $385,000. When that money was gone he borrowed $74,000 as a second Trust Deed on both the Pasadena and San Bernardino properties. By the way, that loan cost him 15% interest and $15,000 in up front fees to get the money. Before we parted, I told him that he made a very expense mistake in buying San Bernardino. I explained that from the day he bought the building it was a sure bet that the project would fail. I then had to tell him that I would not lend him any money on San Bernardino, to save his butt.

Over the next 2 months I received periodic phone calls, telling me the progress of the fund raising. One of those updates I was told that the existing 2nd Trust Deed lender was saying that he might give Kevin the added $100,000 he needed to finish the project. At the same time, Kevin also believed he had found a bank that might refinance all the loans of San Bernardino. The difficulty with the bank loan was that the appraisal fee was $3,000, and it had to be paid in advance, even to just apply for the loan. Again Kevin asked me for money. Again I refused to put more good money down his black hole.

Then one morning I got a call from Kevin, "If I don't make the $2,000 payment to the 2nd trust deed holder, he will start foreclosure in 2 days. Kevin also told me "The 2nd trust deed lender said that he would buy the Pasadena apartment building for what I had paid for it, 4 years ago, $525,000." The offer had a stipulation to it. Kevin had to bring the loan current first. In my mind, if Kevin could bring the loan current, why would he even bother to sell the property for a wholesale price? I couldn't believe what I was hearing.

After hearing all of this I decide that it is time I stop saying no and help. What Kevin thought he wanted was a real estate loan for a lot of money. The truth is, that money was not the solution to his problem. The problem had to be different than what Kevin believed, which is why the problem persisted. The real situation was not more borrowing. More borrowing meant more money down the drain.

Experience has taught me, "If the problem was what Kevin thought it was, it wouldn't be a problem." What does this phrase mean? A businessman has a financial set back. He thinks that with some short term funding he can recover from the set back and return to the top. After looking around, our businessman will usually find the money, but strangely enough the problem doesn't resolve. If the problem did correct itself, then the businessman was right about what the problem was, and the problem would be gone. Usually the money doesn't help, but the businessman doesn't understand that. He doesn't realize that the problem wasn't money in the first place. If it were, the problem would now be gone. Lets continue the explanation. The last money borrowed is now gone and the problem persists, so our businessman goes out to find more money to solve the problem that didn't solve with the money he borrowed, the first time. What happens the second time? The same thing. The money is used up and still the problem continues.

Our businessman is working on the wrong problem. The problem is not money, or the problem would have been gone. Kevin thought the problem was money. It wasn't. He had already poured $300,000 into the San Bernardino building, on top of the $209,000 1st Trust Deed loan that came about when he bought the building. Before he was finished, he spent over $500,000 in a building that needs $100,000 to finish, but was only worth $475,000, after it was finished.

What could I do? Use what the good lord gave me. 30 years of experience, on the subject of getting out of problems that I created when I was young and inexperienced. Here was the war strategy. I got Kevin to agree to turn over total management of the two properties to me. Knowing that I was managing the property and working on what I believed was the correct problem, I felt comfortable about loaning money on this deal. If I can't trust myself to solve this problem, whom can I trust? I started by loaning Kevin $25,000 to make needed repairs to the Pasadena building, pay the property taxes and to bring the first and second loans current on the Pasadena property only. Nothing was to be spent at this time, on the San Bernardino building.

Now that I controlled the Pasadena apartment building, I discovered what repairs the building needed. The list was so long it took one man three months, full time, to fully handle it. I then did a very detailed market study and determined what the market would pay in rents. I asked the tenants for a list of everything they wanted done in their apartments to be happy. I then did everything the tenants requested and I then raised their rents 30%. After the building was full, I raised the rents another 15%. The value of the building went up and I received an offer for $725,000. This was $200,000 more than its value 6 months earlier. I put it into escrow, and then I realized that I could raise the rents some more. I raised the rents again in escrow and forced the buyer to pay another $25,000 for the building. Bringing the price to $750,000. That $225,000 profit was needed to help cover the money being lost in San Bernardino.

Author's Note: The escrow fell through and the building was kept until this update, December 5, 2004. The building is now in escrow for $1,583,000

What did I do about San Bernardino? I contacted the seller/lender and asked him if he would like me to pull the security guard out of the building and let him have it back in foreclosure. He didn't want it back, even though he pretended that he was willing to do that. He offered me $25,000 in incentives to get me to personally lend the money necessary for the completion of the building, so he wouldn't have to take it back. For 3 months he tried to get me to put money into the building, with the idea that once I put my money in I wouldn't walk away from it. The real story was that I wouldn't put a dime into that black hole until I figured out how to make it recover at least $100,000 of Kevin's lost money. I asked for a $70,000 discount on the note, and offered to pay him off. We negotiated for two months. Just when I was ready to finish the deal, the seller sold his note to someone else for only a $30,000 discount. I was not able to make the money I wanted because now the new note holder wanted 100% of interest and principal due. This threw a monkey wrench into my negotiating. All this time, I had a buyer standing in the wings to buy the building from Kevin while I was negotiating. I was then forced to sell the property to this buyer and Kevin recovered only a little bit of his investment. The lender and I were both playing a high stakes poker game. I lost this round. If I could have gotten the payoff reduced, Kevin would received a large hunk of money from an "as is" sale. This is what I call playing "Craps" on a very big Monopoly board.

Author's Note: The buyer, thinking he was going to put $125,000 to finish the remodeling, notified me, after one year, that he had spent $300,000 to finish the building. The apartment building values were increasing rapidly during this time period, so Kevin's project was increasing in value at the same time the buyer was going deeper and deeper into construction costs. The buyer made out all right in the end. If the market had died, he would have lost $200,000 on this building after Kevin had already lost a fortune. It's all about timing, isn't it?

Kevin learned that money alone was not the answer to his problems; he needed a Genie, to turn his turkey into a swan.

Story #2
Janet is the daughter of one of my oldest and wealthiest friends and clients. We have been doing real estate deals together since 1975. Janet and her husband started buying distressed real estate in Phoenix Arizona in 1994, which was 8 years ago when it was the thing to do. It was now Dec 2000. The market appears to be slowing down and did after September 11, 2001. Janet had been continually borrowing money from her father, whenever things got too difficult. She later sold everything in Phoenix and bought property in Northern California. Then in 1999, one year before I was brought in, she started buying real estate in Kansas City. One day Janet's father called me and asked for my help. He had loaned his daughter $200,000 and felt that everything she owned was upside down. (Loans more than the market value.). This was further complicated by the fact that if she sold her properties, to pay off her father, the capital gains taxes would eat up any cash, from the sale. On top of all this, Janet kept asking for more money to keep up the payments on the properties that had a negative cash flow and didn't have enough rental income.

He hired me to help his daughter and agreed to pay my fee. I would work with this 40 years old kid, to get her to return her fathers $200,000 and make herself totally debt free. Janet and I met. She was brilliant. She did know what she was doing, as far as picking good real estate deals. She owned, at the time of our meeting, 10 properties located in 2 different states, and there was $500,000 in equity. If we could get it out, before her father had a stroke things would be great. Janet agreed to the arrangement, happily, if I would be her adviser, not his. Her father agreed to fund whatever money was requested as long as I approved it. Also I had to be the one to ask Janet's father for the money, since the upset between the farther and daughter was getting unbearable.

This is what we did. A list of needed repairs was created for each of the 11 properties. Bids were received and the work ordered to be done within 30 days. This was not to take months. It had to be done immediately so we could go to step two. Step 2 was to put on the market all of the expensive Northern California property. To my disbelief, Janet wanted to move her family, to a new city, in the middle of all this and her father agreed to let her do it. She had found an old run down house that she felt was undervalued. That meant that her old residence was put into the group of properties to sell. Sell is what we planned to do. Everything was to be put on the market, and sold at the best price to be gotten, but sold regardless. The property in Kansas was to be repaired and fully rented. The properties that could be sold at what we thought was full retail, were also put on the market. The plan was that when everything was sold, the father would get paid off; the loans on the remaining properties would be paid off and the balance of the cash would be put into the bank. Since all of the Kansas deals appear to be a good investment, Janet could now continue to buy more Kansas property, (she had only been spending $25,000 on each deal) but for all cash. The rents coming in would generate enough income for her family to live on without having to ask for money from dad or touching her investment nest egg. That was the plan.

I forgot one last thing. Because many of the properties had been bought years ago on a 1031 exchanges (tax-free exchange), the capital gain tax was going to eat up the cash proceeds. That was one of the traps Janet fell into. She felt she couldn't sell without buying a replacement. Of course by not liquidating before starting anew, she would never get out of debt with her real estate lenders or her father. The solution, for this problem was simpler than one would think.

First, the father did a 1031 exchange with Janet for one of the big profit houses. The father sold Janet his personal residences for no money down. Now Janet rented her father the house he lives in. So much for capital gains tax on the $150,000 profit in that one big sale. The second big profit was in the house Janet currently lived in. That was tax-free under the current laws. Since the other houses sold had smaller profits, it was decided that the business decision to get out of debt was more important than avoiding paying any taxes.

Author's Note: That was the plan. So what happened? Janet decided she didn't want to sell the junk in Kansas and fired me. She refused to pay her father back and as of December 2004 he had not seen a dime. Father has deducted what she owes him from her inheritance, which will be put into a trust administered by her brother for the benefit of the grandchildren. Real estate in California skyrocketed after 9/11/01 terrorist attack and her properties all doubled in value.

Summary: Everyone thinks that his or her problem is not confrontable and therefore unsolvable. I have found that someone other than myself can solve my un-confrontable problems in 10 min and I can do the same for them. It is not a question of being smarter, or more experienced, though experience helps a lot when coming up with easy solutions, quickly. It is really that we all are willing to confront someone else's problems much easier than our own. When we are willing to confront our own problem head-on, solutions begin to appear miraculously. What I do is help people take their mountains and turn them into molehills. The molehills are then flattened with ease.

Lessons to learn: First, do not think you are smarter than the people who passed this way before you; you're not. Second, markets never go up forever, have not performed as if they will. Third, if you are not prepared for the worst, it will kill you. If you are prepared, it will only hurt a little. You will survive and come away much richer in the end.

Willard Michlin is an Investor, Business Broker, California Real Estate Broker, Accountant, Financial Distress Consultant, Well known Public speaker and Administrative/Business Consultant. He can be contacted at his Ventura, California office by calling 805-529-9854 or by e-mail at broker@kismetbusinessbrokers.com

See other article by Willard at http://www.kismetgroup.com


MORE RESOURCES:
suburban housing market hurting  Crain's Chicago Business

As companies shun big corporate campuses and look to headquarter in Chicago's center, suburban McMansions are sitting on the market and selling for ...


Kenneth R. Harney, syndicated real estate columnist for Washington Post, dies  The Real Deal

Kenneth R. Harney, the author for four decades of the syndicated real estate column “The Nation's Housing,” which explored issues faced by homeowners and ...


Engel & Völkers launches in Brooklyn amid luxury real estate boom  Inman.com

Global luxury real estate brand Engel & Völkers announced Thursday it's entering the Brooklyn market with three new offices led by Donald Brennan, a longtime ...


13 luxury real-estate agents reveal what it's really like working with millionaire and billionaire clients  Business Insider

We asked luxury real-estate agents what it's like working with ultra-rich clients. Many said it's easier than working with regular clients.


Welcome to Real Estate Friday! |  theberkshireedge.com

Property of the Week – Chapin Fish of Brockman Real Estate offers a magical mountaintop retreat in Hancock, with probably the best master bedroom in the ...


Real estate market 'strong'  yoursun.com

Big things are happening in Charlotte County. Sunseeker Resorts has broken ground, slated to complete construction in the fall of 2020. Arredondo Pointe and ...


Real estate transactions: Hyatt House coming to Metropark Square mixed-use development  Chron

Austin-based Aspen Heights and partner Safanad, a global investment firm with offices in New York, London and Dubai, have refinanced a construction loan for ...


For real estate, blockchain could unshackle investment  Computerworld

A blockchain industry alliance has released a guide and list of use cases for deploying the technology to enable, among other things, the purchase of fractions of ...


China is driving growth in Asia's real estate market despite trade war headwinds, report finds  CNBC

Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global ...


What's Your Real Estate Investment Exit Strategy?  Forbes

Understanding what your real estate investment exit strategy options are and being prepared to execute the one that makes sense for your goals is essential to ...


Real-estate transactions: May 24, 2019 - News  Peoria Journal Star

These transactions, recorded the week of May 13, are compiled from information on file with the respective counties. They represent sales of $78000 or more.


Real Estate matters: bucking the national trend  Wink News

Sales and prices of luxury homes are down as much as much as 19 percent in some costal markets around the country according to Redfin, which is bad news ...


Blackstone Targets $5B for Latest Real Estate Debt Fund  GlobeSt.com

(Bloomberg) Blackstone Group LP is seeking $5 billion for its latest fund that invests in real estate debt, according to a person familiar with the matter.


Report: Real estate title firm exposes data in 885M flies  WTOP

SANTA ANA, Calif. (AP) — A security lapse at a major real estate title company exposed the bank account numbers and other sensitive information contained in ...


South Austin neighborhoods targeted with suspicious real estate offer  KXAN.com

AUSTIN (KXAN) — Homeowners in South Austin said they are suspicious about the motive behind letters being sent to them which make big promises.


Real estate news: Senior community Reata Glen opens in Rancho Mission Viejo; WeWork coming to Newport Beach  OCRegister

Reata Glen, a senior living community in Rancho Mission Viejo, has welcomed its first residents. The community broke ground in 2016 and has 480 units with 20 ...


Scottsdale-based Certa automates licenses for real estate and more  AZ Big Media

Certa, a new software platform that manages licenses, certifications and continuing education, launched today after six months of beta testing. Certa, created by ...


Striking Gold: Two forces in Hartford real estate buy downtown’s ‘Gold Building’ for $70.5 million  Hartford Courant

Downtown Hartford's One Financial Plaza -- the “Gold Building” -- sold Friday for $70.5 million, the first change in ownership for the city's signature skyscraper in ...


Mark your calendars: These are Chicago’s top real estate events next week  The Real Deal

Three real estate industry events are on the calendar in Chicago next week. On Wednesday, REJournals is holding its 2nd Annual Deconstructing Deconversion ...


A busy season debrief of 2018 real estate income tax reform  Colorado Real Estate Journal

The first year administering any sweeping tax reform with hundreds of pages of new code and thousands of pages of associated guidance is never easy, nor ...


Tax notices sent out to delinquent real estate accounts  Brownsville Herald

Cameron County Tax Assessor Collector Tony Yzaguirre Jr. has announced that his office has mailed out 29894 delinquent tax notices for real estate accounts ...


7 Hotel and Resort REITs to Buy Now | Real Estate Investments  U.S. News & World Report

Summer can bring a slow down for stocks and investors may look to commercial real estate investment trusts for diversification and stability. Though lodging and ...


Westfield Real Estate Agents Help Clean Up Mindowaskin Park  TAPinto.net

olunteers from the Coldwell Banker Residential Brokerage Westfield East real estate office took part in the 26th annual spring clean-up of Mindowaskin Park in ...


Starwood Real Estate Income Trust Buys Jacksonville Office Portfolio  GlobeSt.com

JACKSONVILLE, FL—Miami-based Starwood Real Estate Income Trust has purchased an 11-building office portfolio in the Deerwood Park submarket of the city ...


China's Real Estate Market in 2018, Q4 - ResearchAndMarkets.com  Yahoo Finance

The "China's Real Estate Market in 2018, Q4" report has been added to ResearchAndMarkets.com's offering.


High and low real estate transactions listed for Huron County  Norwalk Reflector

The following real estate transactions represent the highest and lowest amounts recorded in Huron County for the week ending May 17: High: $1011128 ...


Real Estate Corner: Tolerable touch-ups  Conway Daily Sun

Being catfished or lured into a relationship by means of a fictional online persona is the plight of many single folks these days. You show up for the first ...


From Steel City to Tech Town: Pittsburgh’s Real Estate Renaissance  Mansion Global

Pittsburgh is in the midst of reinventing itself. Pennsylvania's Steel City is fast transitioning from a post-industrial Rust Belt locale to a hub for technology, such as ...


Octorara Area eyes lower real estate tax increase  LancasterOnline

Octorara Area School District business manager Jeff Curtis advised the board May 20 he will have a revised version of the 2019-20 budget ready next month, ...


REAL ESTATE Q&A: MAMMOTH'S GREEN NEW SPIEL  The Sheet

By Paul Oster Q: We read that many of the younger community leaders are taking strong environmental positions and even want to make Mammoth Lakes a ...


US opens antitrust probe of real estate brokerage industry  Crain's Cleveland Business

From Bloomberg: U.S. antitrust officials are investigating potentially anticompetitive practices in the residential real estate brokerage business, with a focus on ...


Real Estate Fresh Finds: May 22  PoPville

Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home. Featured Property of the Week: ...


Newcomer's News: East Austin Real Estate  Spectrum News

AUSTIN, Texas -- Austin's east side continues to change, and is one of the fastest-gentrifying neighborhoods in the city, which creates a hot spot for the real ...


Sponsored: Real Estate Confidential: Luxury Waterfront Opportunity: Main Street, West Chop  Martha's Vineyard Times

Real Estate Confidential is a weekly chit-chat about new listings, sales, or other insider info on the Martha's Vineyard Real Estate market, by Fred Roven, ...


Amazon real estate chief: ‘I want to change the way that people work within the four walls’  GeekWire

Amazon doesn't just innovate on behalf of customers. The tech giant also comes up with new ideas to help its own employees. That's playing out with how ...


How Tech Is Re-Shaping Real Estate  Hawaii Business Magazine

Two Hawai'i-based startups are using property technology – “PropTech” – to drive innovation in condos and other buildings. We are living in the rising Third ...


Lambda Alpha International to host drone, real estate presentation  Paradise Valley Independent

The Phoenix chapter of Lambda Alpha International (LAI) will host “How Will Drones Impact Commercial Real Estate” Wednesday, May 29, at Phoenix Country ...


Berkshire region real estate sales May 5-11, 2019 |  theberkshireedge.com

Adams. 3 School St: James R. Burt and CIT Bank NA of Adams to FNMA, $25,000 on 05/10/2019. Dalton. 25 High St: John R. Bourque of Dalton to Joshua D.


Climate change risk showing up in real estate  MPR News

The concept is pretty simple: Rising seas higher storm surges, and unprecedented flooding adds up to more risk for trillions of dollars of real estate.


Real estate giant Cushman & Wakefield acquires Pelotons Austin operations  Austin American-Statesman

Real estate services firm Cushman & Wakefield has acquired the Austin operations of Peloton Commercial Real Estate, the companies announced Thursday.


Mark your calendars: These are NYC’s top real estate events next week  The Real Deal

Next week brings another group of real estate events! On May 29, ULI New York is holding an event on Population Trends and How They Impact The Way We ...


Recent Commercial Real Estate Transactions  The New York Times

A five-story walk-up in the Bronx, built in 1925, was sold for $9.6 million.CreditCreditRosewood Realty Group. By Zach Wichter. May 21, 2019 ...


New platform that automates real estate transactions just launched  The Real Deal

FlareAgent has joined the wave of tech firms aiming to transform the real estate industry with new software that streamlines the transaction process.


What The Bond Market And Real Estate Market Are Telling Investors  Seeking Alpha

Corporate debt-to-EBTDA is near an all-time peak. Treasury yields across the curve – 2s, 3s, 5s, and 10s – presently trade below the Federal Funds Rate (FFR) ...


Henrico real estate investment firm buys high-rise office towers in St. Louis suburb  Richmond.com

Henrico County-based Lingerfelt CommonWealth Partners LLC acquired two high-rise office towers in a St. Louis suburb.


MDJM Ltd Extends Primary Real Estate Agency Services Contracts of Vanke Xilu Projects  GlobeNewswire

TIANJIN, China, May 24, 2019 (GLOBE NEWSWIRE) -- MDJM Ltd (Nasdaq: MDJH) (the "Company" or “MDJH”), an emerging, integrated real estate services ...


Enterprise Ethereum Alliance Releases Report on Blockchain Use Cases in Real Estate  Cointelegraph

The Enterprise Ethereum Alliance (EEA) has detailed several blockchain use cases relevant to the real estate industry in a report shared with Cointelegraph on ...


Brooklyn Real Estate Six Months Later: Two in Contract, One Off the Market, One Still Available  Brownstoner

This week, our look back at four of our featured listings from six months ago focuses on homes in Carroll Gardens, Park Slope, Bed Stuy and Boerum Hill.


SEC charges real estate developer with fraud in Ponzi scheme  Inman.com

The U.S. Securities and Exchange Commission (SEC) filed an emergency action Thursday against New York State real estate developer Robert Morgan, ...


Is Intercontinental International Real Estate Investment Company (ATH:INTERCO) Potentially Underrated?  Yahoo Finance

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Intercontinental International Real ...


Opinion: The residential real estate business needs digital disruption  Pocono Record

When President Donald Trump addresses the National Association of Realtors on Friday afternoon in Washington, the mood in the ballroom at the Marriott ...


Ben Carson confuses a real-estate term and a cookie  POLITICO

Housing and Urban Development Secretary Ben Carson tussled awkwardly with freshman Rep. Katie Porter (D-Calif.) at a hearing on Tuesday over HUD real ...


Risky Business? New Report Says Lenders Are Holding More Real Estate Debt Than Thought  Fortune

Commercial real estate lenders may have their hands full in the event of a recession, according to a new report. U.S. lenders have “much greater risk exposure ...


13 real-estate agents reveal the strangest and most extreme requests they've ever received from clients  Business Insider

Business Insider surveyed real-estate agents around the country about the strangest requests they've gotten from clients.


Real-Estate Stocks in High Demand as Trade Battle Brews  The Wall Street Journal

Many investors are turning to real-estate stocks as a safe haven during the U.S.-China trade dispute that has been whipsawing the stock market. Real-estate ...


Musk, Bezos Bringing Real Estate Growth To This City; John Stamos' Home For Sale  Cheddar

Cheddar breaks down the latest news in real estate, including Google's latest NYC purchase and Elon Musk's property influence. thumbnail · WATCH NEXT.


Macy's Making “Great Real Estate Play” with Herald Square  National Real Estate Investor

Macy's Inc's plan to build a tower on top of its Herald Square store to unlock value of real estate.


What's the latest in NOLA real estate?  WWL News, Talk, Sports Radio Station

National real estate analysts say it's a buyer's market! Newell talks to Wade Ragas, a real estate consultant and economist, about what's happening in New ...


This millennial used scholarship money to buy property in college—now his real estate company is worth $3.8 billion  CNBC

Many college students living on a tight budget take on side-jobs just to scrape together and save enough money to help them pay off student loan debts down ...


Agents As Influencers: How Instagram Has Changed Real Estate Marketing  Forbes

The stakes have been raised and real estate marketers are taking *content* creation to the next level. As a result, they're able to capture the attention of buyers ...


FlareAgent, a platform that automates real estate transactions, launches out of YC  TechCrunch

The real estate industry is experiencing a bit of a rejuvenation. After years resisting the influence of tech, the industry is now feeling the entrance of e-buyers, ...


Blackstone’s next real estate debt fund is aiming for $5B  The Real Deal

Blackstone is aiming to raise $5 billion for its latest real estate debt fund. The fund, Blackstone Real Estate Debt Strategies IV, will have an emphasis on the U.S. ...


Meet the 31-year-old African American CEO aiming to revolutionize real estate investing  CNN

Ryan Williams is on a mission to revolutionize the stodgy real estate industry.


Amazon HQ2 pushes Arlington median home price up: Virginia real estate  Curbed DC

Amazon's impending move to Northern Virginia has had a significant impact on home list prices in Arlington County, a new analysis by online real estate ...


Maya Train will trigger 150bn pesos in real estate investments: Fonatur  Mexico News Daily

The Maya Train project will trigger real estate investment of at least 150 billion pesos (US $7.9 billion), according to the chief of the National Tourism Promotion ...


Real estate transfers: May 13 - 17  Toledo Blade

LUCAS COUNTY 43504 Commercial Noe Jerrold X & Karen A Co-tr to Noe Jeffrey A & Jesslyn J (orsurvtc), 12302 Sylvania Metamora Rd, Berkey, $110000, ...


Avoid These Top 7 Real Estate Investing Mistakes  Forbes

Property investment isn't as simple as buying a house, filling it with tenants and raking in the cash for your retirement fund.


East Greenwich woman pleads not guilty in real estate scheme case  WPRI 12 Eyewitness News

Monique Brady, 44, of East Greenwich, pleaded not guilty to charges that she pocketed millions of dollars from investors in what prosecutors called a "Ponzi-like" ...


Why Short-Term Rentals Are Real Estate Investing's Future  Forbes

If you are an early adopter, there is a huge opportunity to maximize your ROI with STRs.


East Greenwich woman accused in real-estate scam pleads not guilty  The Providence Journal

PROVIDENCE — An East Greenwich woman pleaded not guilty Thursday to charges accusing her of bilking $4.7 million from close friends and family in a ...


Feds freeze Miami condos tied to Argentinian drug trafficking and money laundering scheme  The Real Deal

A handful of condos in Miami were frozen by the U.S. Department of the Treasury as part of an Argentinian drug trafficking and money laundering scheme.


Blackstone targets $5 billion for real estate debt fund  Crain's Chicago Business

(Bloomberg)—Blackstone Group LP is seeking $5 billion for its latest fund that invests in real estate debt, according to a person familiar with the matter.


See inside 'true' mid-century modern house, on market for $1.05 million  Knoxville News Sentinel

A "glass pavilion in the woods" sits as a prime example of mid-century modern architecture.


Spain’s Richest Person Bets Billions on Prime U.S. Real Estate  Bloomberg

Amancio Ortega is a Spaniard conquering the U.S. in the 21st century.


Columbus nations fourth-hottest real-estate market in April  The Columbus Dispatch

Central Ohio was the fourth-hottest real-estate market in the nation in April, a month after being the nation's hottest market.The country's hottest real-estate ...


Waterfront planners push real estate leaders on district's potential, future  Austin Monitor

For roughly half a decade, whenever Alan Holt has talked with community members about the scope of the planned South Central Waterfront District – a ...


WhyHotel Announces New SF-Based Real Estate Development Business Unit and Expands Executive Leadership Team  Hospitality Net

WASHINGTON -- WhyHotel, a DC-based alternative lodging *service* that operates pop-up hotels in newly built, luxury apartment buildings, today announced the ...


Random Lake Tahoe real estate ramblings  Tahoe Daily Tribune

It has been a very interesting start to 2019 for real estate sales in Incline Village and Crystal Bay.Inventory levels have remained extraordinarily low while sales ...


Need To Know: Melcor Real Estate Investment Trust (TSE:MR.UN) Insiders Have Been Buying Shares  Simply Wall St

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...


Marine towing magnate’s trust sells waterfront Fort Lauderdale home  The Real Deal

The trust of a towboat company magnate sold a waterfront Fort Lauderdale estate for $8.1 million.


In the High-Flying Hamptons, Real Estate Is in a Rut  The New York Times

David and Sindhu Nordquist deliberated for years about where to buy a second home, and then last summer, while renting a house in the Hamptons for the first ...


Prominent WNY Real Estate Developer Facing Federal Charges  Spectrum News

Prominent Western New York real estate developer Robert Morgan is facing multiple federal charges, including conspiracy to commit wire fraud and bank fraud, ...


Challenges of Successful Albuquerque Real Estate Deal  CEOWORLD magazine

Are you a business owner? Do you reside in Albuquerque? If you answered yes to the two questions, then this article is for you. Specifically, should you seek ...


Real Estate Earnings Recap: Housing REITs Lead Recovery  Seeking Alpha

Following several years of floundering stock price performance, REITs have outperformed in 2019, boosted by receding interest rates and strengthening ...


The residential real estate business needs digital disruption  The Washington Post

It is one of the few sectors of the U.S. economy yet to be transformed by the Internet age.


ERA Real Estate partners with HomeAdvisor for concierge services  Inman.com

ERA Real Estate is launching a series of concierge services for its homebuyer clients as part of a new partnership with HomeAdvisor. ERA Real Estate ...


17 real-estate agents reveal the worst parts of their jobs, from the lack of steady income to being on call 24/7  Business Insider

Business Insider asked real-estate agents about the worst parts of their jobs. Several agents said it was managing clients' unrealistic expectations.


Property in Vineland sells for $505,000 | South Jersey real estate transactions  NJ.com

Here's a roundup of recent home sales in Cumberland, Salem and Gloucester counties.


'This was a steal': Campaign real estate deal that 'thrilled' Trump could be illegal  Washington Examiner

President Trump was “thrilled” that his campaign acquired northern Virginia office space at “bargain basement” rates, a campaign official told the Washington ...


Real Estate Transactions — Big Deals With a Little Help From South Florida Attorneys | Daily Business Review  Law.com

South Florida real estate attorneys have the advantage of working in a deal-driven region which makes their skills valuable wherever the sales are closing.


Top 10 Tips For First-Time Real Estate Investors  Forbes

Real estate can be a tremendous investment opportunity. But when it comes to taking that crucial first step, most people aren't sure where to start.


Loudoun friends lead a platinum real estate team  Loudoun Times-Mirror

When veteran realtors Vicky Noufal and Karen Cooper first decided to open Platinum Group Real Estate together, fellow agents warned them against it.


Raiders acquiring additional real estate near Las Vegas stadium for parking  Silver And Black Pride

The Las Vegas Stadium Co. COO, Don Webb, announced at Thursday's stadium authority board meeting that the Raiders are in the final stages of a ...


Grayblock Power Selects Fusion to Bring Clean Energy and Real Estate Digital Asset Investments to the Masses  EnerCom Inc.

Grayblock Power Selects Fusion to Bring Clean Energy and Real Estate Digital Asset Investments to the Masses. New York, May 24, 2019 (GLOBE NEWSWIRE) ...


Google comes to aid of Punch Line, says it doesn’t want its real estate  San Francisco Chronicle

Comedian Dave Chappelle (right) attends a rally at City Hall to announce an effort by Supervisor Aaron Peskin to prevent the Punch Line comedy club from…


Latest Vancouver real estate pitch: Free wine for a year with pre-sale condo purchase  The Province

Whether it is free wine or avocado toast, creative offers are signs of the times in a Metro Vancouver real estate market with slowing sales.


This week in celeb real estate: Tinder co-founder eyes breakup with Montecito home, Beck’s former home lists for sale… and more  The Real Deal

Aside from one $16 million sale in the South Bay, celebrities looked outside L.A. for their real estate fix this week. Two multi-million-dollar listings came up in ...


Perry Wellington Real Estate  WTAJ - www.wearecentralpa.com

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AddThis Sharing Buttons.


4 tips for avoiding toxic behavior in real estate  Inman.com

Whether it's clients creating roadblocks over the smallest details or other agents working to bring their colleagues down, today's entrepreneur needs to be ...


Recharging Your Personal Real Estate Brand  Forbes

Those who sell real estate sometimes find themselves challenged to remain *fresh* in the marketplace. There is increased competition from other real estate ...


home | site map
© 2006 TIGER MEDIA