Make a blog


7 months ago

Radian and National Association of Hispanic Real Estate Professionals Extend Partnership for 3 Years

PHILADELPHIA--(BUSINESS WIRE)--Radian Guaranty Inc., the private mortgage insurance subsidiary of Radian Group Inc. (NYS

9 months ago

Real Estate Investment Tutorial


Your rating: None Average: 2.8 (6 votes)

This is an excerpt from my book: Turning Myths into Money; An Insider's Guide to winning the Real Estate Game.

Buying an investment property can not only provide monthly income, but also serve as a retirement vehicle. But you do need a certain level of knowledge to become an effective investor. Learn everything you can.

The worst real estate investment is one unit (a house); the next worst is two units, and so on. The reason for that is the return on investment and the risk. If you have four units and one is vacant, you still have income from the other three units. But if you have a house (one unit) and it is va

10 months ago

Real Estate Investment Marketing 3.0 | Scott Yancey

The Internet has changed so much in the business world. Just ask some travel agents, if you can find one. Whether you think the Web has helped or hurt your business or the company you work for, it definitely is doing something.

Nowhere is this more visible than in marketing and sales. Whole business models have developed around helping people and small business to market in today's high tech and mobile world. Real estate investors for the most part are small businesses, individuals buying rental homes, or multi-family units. It's a great business with many benefits that all come to us at out kitchen table without office and staff overhead.

It doesn't matter which strategy

11 months ago

For Sale Real Estate On Moon

Want to own a little piece of heaven? It's yours, starting at $19.99 an acre--on the moon. If you prefer, you can buy property on Venus or Mercury.

Mercury is nice this time of year. The temperature tops 700 degrees but they say it's a dry heat.

If that's still too close to the hustle and bustle of Earth, there's Mars--33.9 million miles from Times Square. A deed, with your name on it, to a prime-view one acre lot on Mars will set you back $22.49, plus tax, plus shipping (not from Mars) and handling.


11 months ago

Real estate loses deal-maker Sarah Korein.

Sarah Korein, one of New York's toughest, sharpest and yet largely unknown deal-makers, passed away on October 29th, leaving an estate that includes major buildings acquired over more than 60 years of creative deal-making.

At her death, she owned the ground under One Penn Plaza, Lever House, the Swiss Center, 120 Broadway, 111 Broadway, 111 Wall Street, and Colt Industries, a/k/a the Bank of Montreal Building at 430 Park Avenue, and owned and operated 295 Madison Avenue, the Delmonico Hotel at 502 Park Avenue, and the residential buildings at 220 and 240 Central Park South.

Some of those properties and leases are expected to come into market play, although the family is very

12 months ago

Real Estate : Pictures, Videos, Breaking News

When your neighbors list their house for sale, proceed with caution and see an attorney immediately if you are presented with an out of possession title affidavit or a boundary line agreement.

Andrew Lieb

Managing Attorney, Lieb at Law, P.C.; Founder, Lieb School

Expedia in Seattle. Zappos in Las Vegas. Archer Daniels Midland, Gogo and Motorola in Chicago.

Ron Bockstahler

Co-founder and CEO of Amata Office Solutions, Chicago's largest privately owned office suites provider

So you want to sell your house, but it is haunted and you are worried that will dissuade potential buyers. You may be tempted not to tell them. Heck, most people don't believe in g

1 year ago

Lone Star Funds to buy Home Properties for $7.6 billion, including debt | Reuters

Private equity firm Lone Star Funds said it had agreed to buy real estate investment trust (REIT) Home Properties Inc (HME.N) for about $7.6 billion, including debt.

Shares of Home Properties, which owns and operates apartment communities in the suburbs of major metropolitan areas mainly along the U.S. East Coast, rose 2.7 percent to $74.70 in early trading on Monday.

Lone Star, which invests in real estate, equity, credit, and other financial assets, offered to buy Home Properties for $75.23 per share in cash, a 3.4 percent premium to the stock's Friday close.

The deal will give Lone Star an additional 121 communities with 41,917 apartment units and is sims urban oasis showflat the company's second large apartment purchase since it bought a 64-property, 20,439-unit portfolio for $1.8 billion in 2014.

Home Properties will also sell up to six properties valued at $908 million to UDR Inc, a Highlands Ranch, Colorado-based REIT, in a separate transaction.

The Lone Star bid comes with a "go shop" provision, under which Home Properties can solicit alternative proposals from third parties in the next 30 days.

Home Properties will become a private company after the deal closes at the end of the year, the REIT said.

BofA Merrill Lynch and Houlihan Lokey are advising Home Properties, while Goldman Sachs & Co is Lone Star's financial adviser.

Lone Star has already received $6.1 billion of fully committed financing from Goldman Sachs, the company said.

Up to Friday's close, Home Properties' shares had risen about 11 percent this year, outperforming a 3.3 percent fall in the Dow Jones U.S. Real Estate Investment Trusts Index .DJUSRI.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Simon Jennings)

1 year ago

Condominium project moves forward | The Coast News Group

OCEANSIDE City Council gave the go-ahead for the final map of a 17-unit beachfront condominium project on Aug. 19, which will have a bulky SDG&E transformer box above ground on Pacific Street.

The project at 700 The Strand was given an allowance for the above ground transformer box because its not feasible to burry it nearby.

Councilman Jerry Kern said the developer wants to be a good neighbor and promised to have artwork painted on the box, like other utility boxes in the area.

Kern said the box may be a valid concern for some residents.

With new development everything is below the bluff line, Kern said. The construction is below. The utility power distribution is above the bluff.

He added an art wrap will make the box more attractive, and because utility boxes are so common many people will not even notice it.

You can only put power boxes in certain spots, Kern said.

Oceanside resident Carolyn Krammer said the transformer box is not her concern, but she does question the allowance of an outside staircase, and the impact the large development will have on street parking.

Krammer added she was informed the private staircase from The Strand to Pacific Street was put in building plans at the request of the fire department in order to ensure emergency access to the building.

The stairs will have a key lockbox firefighters can open. The stairs will also be used by condominium residents, but not open to the public.

Parking will be subterranean. To encourage condominium residents to use spaces exclusively for vehicle parking, the storage of recreational vehicles, trailers and boats is not allowed.

Krammer said it is a wait-and-see situation to tell whether street parking will be impacted.

She added she is glad to see development happen on the vacant site.

Im glad something is being built there, Krammer said. The vacant lot and graffiti was an eyesore. I hope we get it right.

A plus is that the project brings repairs to a section of The Strand in front of the condominiums. The roadway was damaged by a storm and never restored to its original condition.

Theyll fix a couple of things we wish we had straightened out years ago, Kern said. It provides housing and is an overall benefit to the community.