News about properties and real estate
Hidden away atop a hill in Bel Air sits the world’s largest home. Surrounded on three sides by a moat, this record-breaking, modern-day castle floats above the city, overlooking Los Angeles. The hilltop home, appropriately titled “The One,” makes its mark as the most expensive home in the United States, listed at the current asking …
Continue reading “Meet ‘The One:’ World’s Largest Home For Sale in Los Angeles”
Investors looking to bolster their income portfolios have long looked to dividend-friendly real estate investment trusts (REITs) to get the job done. But recently, the appeal of high-yield REITs has intensified, thanks to changes to conventional investing wisdom. For more than a quarter century, the “4% rule” governed many investors’ withdrawals from retirement savings. According …
Continue reading “11 High-Yield REITs to Buy for Big Income”
In its debut rent tracker report, the National Multifamily Housing Council reported that 69% of households had paid their rent, either partially or in full, by April 5, compared to 81% that had paid by March 5, 2020. The rent tracker is based on data from 13.4 million rental apartments. The association has partnered with several …
Continue reading “A Look at Who Didn’t Pay Their Rent This Month”
With the onset of the pandemic, real estate agents say deals that were in the works are encountering all types of problems, creating havoc in the market as buyers try to back out of contracts. But can buyers cancel due to COVID-19? Real estate lawyers said there isn’t a clear answer. Real estate agent Kevin …
When Hurricane Dorian brushed by Volusia and Flagler counties last week without causing major property damage, residents felt a sense of relief. But the storm’s effect has been quietly brutal for hotels, restaurants, attractions and other businesses tied to the area’s tourism economy. While no one has an exact figure, area experts believe the loss …
Continue reading “Dorian takes multi-million-dollar bite out of tourism in Volusia and Flagler”
Crowdfunding firm Realty Mogul has reached $100 million in cash disbursements, a major milestone for the company, GlobeSt.com reports exclusively. The firm has two REITs, MogulREIT I and MogulREIT II as well as private placement opportunities, all of which contributed to the returns. The $100 million in cash disbursements includes cash flow, appreciation and return …
Continue reading “Realty Mogul Returns Reach $100M in Cash Disbursements “