YIMBY recently sat down with Jerry Pi, of the eponymous Pi Capital Partners, whose principals are comprised of Jerry and his father. From developing affordable and market-rate housing in the Outer Boroughs, to a new skyscraper in Midtown Manhattan just steps from the Empire State Building, the firm’s activities in New York City have been …
Category Archives: General
Let’s do away with real estate broker fees
FOR DECADES, the laws of supply and demand have weighed heavily toward landlords and the 3,000-plus real estate agents scattered across brokerage offices in Allston, Brighton, and Brookline. Historical market conditions have cemented a business model of brokers collecting a payment of one month’s rent from renters and it’s taken a global pandemic to blast …
Continue reading “Let’s do away with real estate broker fees”
Which documents should you save once your mortgage is paid in full?
Q: I have a small condo I just paid off. After watching your Expert Real Estate Tips YouTube Channel, I contacted my mortgage company requesting documentation. The only documents they provided were a letter stating the loan is paid in full and a certificate of satisfaction of the mortgage. Are these two documents all I …
Continue reading “Which documents should you save once your mortgage is paid in full? “
Can a Reverse Mortgage Impact Your Social Security or Medicare Benefits?
Ask U.S. retirees what worries them most — as a recent survey by the American Institute of CPAs just did — and “running out of money” is the answer that will most likely top their lists. But homeowners over 62 who have substantial equity in their properties have an extra tool at their disposal that …
Continue reading “Can a Reverse Mortgage Impact Your Social Security or Medicare Benefits?”
For some residents, one home at Naples Reserve isn’t enough
Naples Reserve residents have realized that something special has been created in their South Naples community, developed by iStar and consisting of 688 acres that feature Southern Coastal-inspired attached villa, single-family and custom estate homes. A dozen couples have fallen in love with Naples Reserve so much that they’ve purchased not one but two homes …
Continue reading “For some residents, one home at Naples Reserve isn’t enough”
Dorian takes multi-million-dollar bite out of tourism in Volusia and Flagler
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”