Like many people on the internet, you've probably already seen ads for homes adorned with cutesy sayings, like the sign above the bed that reads, “Welcome to Poundtown.” The origins of that sign, as artist and home flipper Lauren Hagenbarth explains in Mel Magazine, are, of course, true. This $420,000 (LOL) Onalaska, Wisconsin home is a perfect example of what can happen when your obsession with Michael Jackson goes too far. pic.twitter.com/aBDPZ0VnQY— Zillow Gone Wild 🏡 (@zillowgonewild) April 18, 2022 Hagenbarth knew this was a winner from the start: “Raw and funny” was her goal, and people seem to agree.…
Author: Private Lending Agent
In 2021, iBuyers doubled from pre-pandemic levels, driving tens of billions of dollars in home sales. Las Vegas was among the top 10 markets where startups were focusing their investments. During the frenetic summer, Maxson had already lost out twice to cash offers from Zillow and Opendoor. On Dancing Avenue, Zillow was now the seller, and it was listed on June 24 for $470,000, nearly $60,000 more than he'd paid just under two weeks earlier. But Maxson wanted the property, and agreed to close just below the asking price. Zillow listing for Maxon's dream home on Dancing Avenue. But when…
Can the final moment of signing a contract to buy and sell a home using NFTs and cryptocurrency be described as an instant, a click of a button, or another wallet transaction? On the one hand, using NFTs to buy or sell real estate simplifies the process and speeds up the completion of transactions. NFTs' smart code and digital document storage offer the same benefits as software platforms that consolidate data and integrate disparate workflows. On the other hand, the magical properties of NFTs do not eliminate the time and work that goes into preparing for this quick completion, and…
On HGTV's “Fix My Flip,” real estate pro Paige Turner helps first-time real estate enthusiasts turn a profit on their projects. But Turner also has to abandon renovations that seem doomed to failure.In the “Big Plans, Big Pivot” episode, Turner heads to Eagle Rock, California, a Los Angeles neighborhood just 10 miles from Hollywood that she says is “growing rapidly with younger, artistic buyers looking for smaller homes.”So she was a little surprised to see what first-time property flippers David and Tyra planned to do with the 977-square-foot, two-bedroom, one-bathroom home they bought. They bought it seven months ago for…
The yield on cost is a commonly used metric when evaluating real estate development and value-add projects. It is easy to calculate and is useful as a back of the envelope calculation. In this article, we’ll take a closer look at the yield on cost in real estate. Here’s what you’ll learn: What is the Yield on Cost? The yield on cost is widely used by commercial real estate professionals to measure the return on a real estate development or value add project. The yield on cost is also used to calculate the development spread, which is the difference between…
Nena Perry Brown ✉️ Want to forward this article? Click here. A home resold in Washington, DC, last year. A new report finds that the Washington, DC, area saw a significant drop in home resales last year, but certain parts of DC saw profits increase. According to the latest report from ATTOM Data Solutions, home resales in the region were down 31% overall in 2021, with the 3,925 homes resold making up 3.4% of the total units sold that year. In Washington, D.C., 457 homes were resold, making up 4.6% of the units sold, marking a 36% decrease from the…
Starty/Getty Images Our Commitment to Our Readers The editorial team at GOBankingRates is committed to bringing you unbiased reviews and information. We use a data-driven methodology to rate financial products and services, and our reviews and ratings are not influenced by advertisers. Learn more about our editorial guidelines and product and service review methodology here. 20 yearsHelping you live a richer life trusted Millions of readers The appeal of the house flipping lifestyle isn't hard to understand: There's no job, no boss, and no limit to how much you can earn, limited only by the limits of your skills and…
Haqq's new love interest also appeared in season seven. The show emphasized that the former couple has moved on. Tomaso Boddy / Stringer / Getty Images In the 14th episode of season 7, Haqq received a FaceTime call from her then-boyfriend Ant Anstead and interviewed him on camera about him.”I have a new man in my life and I'm so happy,” she said. “It's all new so I haven't told Tarek yet.”El Moussa found out about Anstead's presence during the episode when Anstead dropped Huck off at a house where she and El Moussa were working. “Why didn't you tell…
JWB Real Estate Capital | 2021 Revenue: $180.9 Million Alex Sifakis rode his electric scooter to Paws Tavern from his Atlantic Beach home a few blocks away. It's the same model Sifakis has been using for nearly a year to host tours of Downtown Jacksonville's urban core for investors and developers to showcase the area's potential. The scooters, which users pay a lease for, are part of a micromobility pilot program in downtown Jacksonville. “I wish I had bought this before I started doing scooter tours. I would have saved about $800,” said Sifakis, president and co-founder of JWB Real…
Little Mix singer Leigh-Anne Pinnock is planning to set up a house resale company with her partner Andre Gray. The Little Mix singer, who has twins with her footballer boyfriend, would flip houses as part of their venture. They made a profit by selling their £4.75 million home for nearly £5 million, and the couple are renovating houses all over the country. They have homes in Wolverhampton, Surrey and elsewhere. In one post, G&A Organisations Ltd said of one property: “Almost there!!!” Read more Supermarket bosses repeat Martin Lewis' inflation warning for low- and middle-income shoppers “We're just now finishing…