On the heels of the tragic loss of her friend and former co-producer DJ Stephen ‘tWitch’ Boss, it’s been revealed that Ellen DeGeneres and her wife, Portia de Rossi, paid a record $70 million for two side-by-side properties in the upscale seaside enclave of Carpinteria, California. They bought the first property for $41.7 million. It
Month: December 2022
As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data provider. That’s down 18.4% from
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When it comes to investing portfolio strategies, there are countless options available. So which one is right for you? In this video, we’ll take a look at nine of the most popular investment portfolio strategies and explore what each one entails. Which strategy will you choose? Timecodes: 0:00 – Intro 1:55 – 1-Fund Strategy 3:16
Tarek and Christina check out a home with a tight profit margin in Whittier, California. The house is in good shape though, and it shouldn’t take much time or money to transform this property. It’s a risk, but as long as they stick to the schedule and budget they could turn a quick profit and
A US Senator is proposing a bill that would limit the number of houses a corporate landlord could own to 100. The proposed bill would seek to make it easier for owner occupants to buy homes, but landlord groups say it will make the rental housing shortage worse. https://www.wsoctv.com/news/local/us-senate-bill-would-limit-how-many-homes-corporate-landlords-can-own/PVPNDCJT55DB7CMBTPJ5FPRE6U/
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A little bit of crime biz history has hit the market. The tony Southern California villa where a Jewish mobster met his demise is looking for a new owner. In 1947, Bugsy Siegel — known for his involvement in developing the Las Vegas Strip and being a gangster — breathed his last breath, aged 41,
Petri Oeschge | Getty Images SEATTLE — If you’re living together before marriage or committed long-term without plans to tie the knot, you’ll need to prepare for the future — or you may face challenges later, experts say. There are “rising rates of cohabitation,” with many couples skipping marriage because “they don’t see the benefit,”
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from
In this module, we will cover types of investing strategies. The purpose of this module is to provide an overview of the pros and cons of different strategies, and why an investor would choose each. ⏱ Timestamps for your convenience: 0:00 Intro 0:13 Why do we need a strategy 1:55 Types of Investing Strategies 8:09
Here are the steps I followed to flip over 500 houses! How I Find The BEST Contractors For House Flips – https://youtu.be/-JvH_A6OPbo Pro House Flipper Reveals: How To Find Contractors – https://youtu.be/r2yKMQLQhJw For only .99 CENTS order my new book “The Wealthy Way: Don’t Go Broke Trying To Get Rich” and get FREE access to
Governments are Buying Up Your Homes, Not Just Blackrock. There have been 3 instances in the past years that Governments have gone out and bought private properties. Is this a look into the future where private property will be in the hands of Government bodies and large corporations? Well it’s happening now right under our
My Twitter Tweets by LorenzoBatarilo Kevin Magna Tweet The losses Opendoor is taking on the inventory they still have on the books is scary. Here's one in the suburbs east of SF that I've been watching. pic.twitter.com/RZDPOQvd8C — Kevin Magna (@kevinmagna) December 1, 2022 Lance Lambert Tweet I just spoke with CoStar CEO Andy Florance.
Star couple Justin and Hailey Bieber are Tribeca’s latest celeb residents — renting a sprawling condo at 195 Hudson St., Gimme Shelter can exclusively reveal. But they’re not the first big-name residents to live in this address. The building, standing on the corner of Hudson and Desbrosses streets, was formerly home to Beyoncé and Jay-Z
A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022. Steve Pfost | Newsday | Getty Images After a month of declines, mortgage application volume is rising, as current homeowners and potential buyers move on lower mortgage rates. Applications rose 3.2% last week compared
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk in front of the Twitter Inc. headquarters in San Francisco, California. David Paul Morris | Bloomberg | Getty Images In an effort to cut costs following Elon Musk’s chaotic $44 billion acquisition of Twitter, the social media company has stopped paying rent, according
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida. Getty Images The average rate on the 30-year fixed mortgage dropped to 6.28% Tuesday, according to Mortgage News Daily. It is now at the lowest level since mid-September. The decline came after a lower-than-expected reading of the November’s
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CNBC’s Diana Olick joins Shep Smith to report on how rising interest rates are impacting a cooling housing market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market
For the second consecutive month, Corelogic upwardly revised their real estate market predictions over the next 12 months. In today’s housing market forecast summary, I share all the details as well as the 5 markets Corelogic believes will most likely see home prices decline on a year over year basis over the next 12 months.
Luxury condo prices in the heart of downtown San Francisco have plummeted as drug abuse and crime have spiraled out control — and as many techies continue to work remotely. Data analyzed by Compass shows the Golden Gate city — once pegged as the hottest real estate market globally — has since fallen fast. The median
The Federal Reserve is expected on Wednesday to raise interest rates for the seventh time this year to combat stubborn inflation. The U.S. central bank will likely approve a 0.5 percentage point hike, a more typical pace compared with the super-size 75 basis point moves at each of the last four meetings. This would push
Billionaire Citadel boss Ken Griffin plans to develop a new skyscraper that would serve as the anchor of the investment firm’s growing presence in New York City, according to a published report. Griffin plans to build a “new 1.7 million square foot trophy office tower” in Midtown that would replace adjacent buildings at 350 Park
The New York Times published “research” that suggests that hate speech has gone up on Twitter since Elon Musk took over. But is this real research? We actually read it and it’s fairly thin and sloppy research. ✅ Sign up for our Free DAILY newsletter, delivered right to your inbox first thing in the morning.
When you think of “real estate investing” you might default to the idea of homes, maybe multifamily buildings or apartments. But there are other alternatives out there – some that may involve much less landlording. AJ Osborne (BiggerPockets Podcast guest on Ep. 286) is this week’s guest on Steve Rozenberg’s REI Think Tank, and he’ll
https://www.freedommentor.com/skinny-on-real-estate-investment-clubs/ Get the “skinny” on real estate investment clubs. From how they operate, to what to watch out for as well as how to optimize your experience at the club meetings. This is information you’ll probably hear nowhere else and you’ll get the good, the bad and the ugly of real estate investor clubs. Need
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There is a renewed focus on racism and structural inequality in the process of buying and selling homes after a Black couple shared their experience of how their home increased in value by half a million dollars when they had a white person stand in as the owner of the house. NBC News’ Jake Ward