In This Article Key Takeaways Homeowners are experiencing a significant mortgage lock-in effect, with an average rate gap of 3.15%, making it costly to move. For example, moving from a 4% mortgage to a 7% one can increase monthly payments...
In This Article Downsizing after a divorce was painful but financially smart. I decided to house hack, opening my Victorian Brooklyn brownstone to Airbnb guests and hoping to bring life to my cash-starved bank account and a spark to my...
In This Article When real estate investors think about mistakes, they often focus on things like choosing the wrong market or not doing enough research. However, I recently read an article on CNBC that listed the top seven mistakes investors...
In This Article The umbrella term “passive real estate investments” includes just about anything that isn’t a directly owned property. Common examples include real estate syndications (group investments in a large property), private equity real estate funds, debt funds secured...
For the past four years, everyone, and we mean everyone, has been doing some form of home improvement. All your friends are redoing their kitchens, your spouse keeps asking when you can renovate the bathrooms, and your best friend just...
Renderings courtesy of the NYC Department of Housing Preservation and Development Applications are being accepted for 56 below-market-rate apartments at a new luxury rental in Williamsburg. The nine-story building at 597 Grand Street offers residents spacious units with modern amenities,...
Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you. Whether you want to own a home near the mountains of Mexico, the beaches...
If you’re holding out for the “perfect” deal, you’ll always be on the sidelines. Today’s guests weren’t afraid to take on a challenge with their first rental property, and it paid HUGE dividends. Not even an expensive market or extensive...
In This Article Key Takeaways The $418 million NAR settlement allows homebuyers to negotiate agent fees more easily, potentially reducing traditional commission rates and shifting industry practices.The DOJ is concerned about agents finding workarounds to the new regulations, which may...
In This Article After months of saying “almost,” we are officially under contract on our Brooklyn, New York condo. We got our full asking price ($975,000), plus a lovely down payment, within the first two weeks of being on the...
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