Following in the home-flipping tradition of buying low and selling high, Miami developer Robert Livani is betting he can achieve the feat in one of Southern California's most expensive neighborhoods: Malibu's Billionaire's Beach.The flamboyant, mohawk-wearing developer behind the Black Lion Investment Group has put a $42.5 million mansion on Malibu's Carbon Beach, nicknamed Billionaire's Beach, for sale, The Wall Street Journal reported.Neighbors include business titans such as Larry Ellison and Jeffrey Katzenberg.Livani demolished the 1920s home, leaving only the framework, and plans to complete the Aman-resort-style renovation at 22102 Pacific Coast Highway by the first quarter of 2024, according to…
Author: Private Lending Agent
Play House Designer: Fix and Flip now, a fun home renovation simulator game that lets you make all your home design dreams a reality. Experience the role of a home flipper.Interior DesignerDo you like interior design? House Designer allows you to buy a house, experiment with home design and express your creativity within it. There is a huge selection of furniture, beds, chairs, tables, bathroom and kitchen furniture, paintings and other decorative items to choose from.Upgrade your skills and hone your incredible abilities as an interior decorator.Buy, repair, resellBuy rundown houses, repair them and upgrade their design. Give them a…
The project, located at the corner of Stickney Point Road and South Tamiami Trail, is expected to break ground early next year. Article provided by Sarasota Magazine Major developer Benderson Development is preparing to break ground on Siesta Promenade, a project that will transform the gateway to Siesta Key in southern Sarasota. As the project at 6450 S. Tamiami Trail moves steadily toward a construction start in 2024, Benderson Development has exclusively revealed what will be built on the long-vacant site. The 24-acre Siesta Promenade project, near what locals call “South Bridge,” is scheduled to break ground early next year.…
Reading time: 5 minutes Baltic states Latvia and Estonia have experienced steady growth despite facing geopolitical challenges and high inflation. Market participants remain cautious as the region moves towards 2024, resulting in lower construction volumes and generally subdued market activity. However, buoyed by low household debt and low population growth rates, Baltic capitals remain upbeat about the future. Estonia: Economic Recovery Estonia faced an economic contraction of 1.3% in 2022, but is expected to see steady growth in 2023. The office space market has seen new projects and is expected to expand further in the coming years. While there were…
I've been blogging for the past two and a half years and have been blown away by the incredible support I've received from the PropTech community. Earlier this year, we hit 6,000 subscribers and hope to double that number in the next 12 months. My goal from the beginning was to publish one article per week. However, my work schedule has gotten hectic over the past few months and I haven't been able to write any new content since mid-May. On the positive side, we (Kastle, my day job) have been growing at a breakneck pace. This has been fueled…
Even the pandemic hasn't stopped people from flipping homes, and if you want to get in on the action, here's everything you need to know. Increased profitability of resale Even as the COVID-19 pandemic roils the real estate market, thousands of homeowners are turning a profit by flipping homes. A study published by real estate agent Hamptons International found that 19,000 properties have been resold during the pandemic. Interestingly, the average gap between purchase price and resale price has been growing rapidly, from £29,685 in 2019 to £48,190 now. But how easy is it to make…
Zillow's chief economist says short-term tactics like home flipping no longer work as home prices continue to rise. Instead, here are three easy ways to build wealth in real estate.According to Skylar Olsen, chief economist at Zillow, the current US housing market makes it unlikely that you'll find a “get rich quick” opportunity as a real estate investor.Don't Miss a BeatOlsen told Business Insider that he believes the days of short-term real estate investors looking to make a quick buck by relying on tactics like house flipping are over.She blamed her bearish outlook on the fact that she expects mortgage…
Flipping a home in today's market is difficult, and many investors are pulling away. However, there are some eager and aggressive investors who continue to scout out vacant and dilapidated properties. When they're done, they put the newly renovated, turnkey inventory back on the market, making a handsome profit. Properties that investors resell and put back on the market are priced at 30 to 40 percent less than new construction, according to data from New Western, a national real estate investment firm. “Investors want to make money, but their interests are aligned with the community,” says Kurt Carlton, president of…
Reading time: 3 minutes In this blog post you will find the latest updates on the Metropolis 4A development project and photos from the construction site. Metropolis 4A is a residential building within an eco-friendly complex called Metropolis City, located in the greenest area of Chisinau, the capital of Moldova. You may already be familiar with another project in this district, the Metropolis 4D development. Despite their similar names and proximity, these projects are different from each other. In fact, these properties are two separate blocks in one district with different collateral and financial obligations. May 2023 Update SRL METROPOLIS…
The Branson metropolitan area has largely avoided the work-from-home trend that began during the COVID-19 pandemic. As a result, demand for office space remains healthy in the region. In fact, Commercial One Brokers' 2023 commercial real estate forecast shows that nearly all building classifications were close to full occupancy in 2022. Class A and Class B declined slightly but remained strong at 95% and 92% occupancy rates, respectively. Class C hit a very tough 99%. Occupancy rates have remained at record levels throughout 2023 and are expected to remain at these levels through the end of the year. Many businesses,…