NFTs have entered the real estate market – and into real estate tech and fintech conversations. For most people, it's unclear what NFTs are or how they are even created, let alone what impact they will have on the real estate industry. Will NFTs become a standard means of buying and selling property? Should real estate agents be worried? What most people know about NFTs are the flashy examples of digital collector items trading at exorbitant prices with increasing frequency and popularity (especially when celebrities are involved). Japan's rainbow-powered Pop-Tart Kitty (Nyan Cat) has sold for around $600,000. A 10,000-piece…
Author: Private Lending Agent
The home-flipping business is booming, and big Wall Street investors are eager to cash in.Meanwhile, private lenders need a steady flow of capital to continue providing short-term loans to flippers to fund home purchases and renovations. Somewhere in the middle is San Francisco company AlphaFlow, which buys renovation and resale loans from private lenders and packages them into portfolios for investors. The company gives lenders software to manage the loans and funnel them through AlphaFlow, while giving institutional investors the opportunity to profit from a growing pipeline of debt with interest rates in the high single digits.The company is expected…
Broker Paige Turner was dating former football player Deron Jenkins long before she became the host of HGTV's “Flip or Flop Nashville.” Paige Turner, a businesswoman and licensed real estate broker, is currently single. In fact, she has never been married. Turner does not have a husband, but she was in a long-running relationship with “Flip or Flop Nashville” co-host Deron Jenkins during her dating days. Although their relationship was going well, the couple decided to split due to lack of positive signs professionally. Turner met Jenkins almost 10 years ago and the two dated for five years. Related article…
We love a good home resale show, so when we heard that the latest installment in this growing genre was set in our hometown of Birmingham, Alabama, our interest doubled. “Flipping Down South,” which premieres this Saturday on A&E, follows best friends and home renovators Paul Mielke and Cody Cummings as they try to revitalize a forgotten neighborhood in Birmingham while completing successful home renovations. According to the show's trailer, Mielke is “the creative whirlwind who finds and designs each home,” while Cummings is “the money guy, making sure more cash comes in than goes out.” The duo will be…
Paige Turner is back to rescue California's “distressed home flippers” who desperately need her help turning struggling projects into profitable ones in Fix My Flip. The show will air on HGTV on March 10, 2022. According to the press release, real estate agents will: “From budget overruns and mismanaged schedules to unappealing upgrades and lackluster design, we're investing our own money to help struggling real estate agents solve all their problems.” About HGTV's Page Turner Paige Turner, a home renovation expert with a track record of successfully renovating over 110 homes, made her debut on Flip or Flop Nashville alongside…
A new report suggests you should look north. (Photo: Getty Images/iStockphoto)The world of real estate offers tremendous financial potential, especially if you are willing to commit the cash, time, and effort to “flip” a home. House flipping refers to buying a property (usually one that's a bit rundown and in need of repairs) and then increasing its value for a profit – in other words, buy low and sell high. And now we've discovered the perfect city to do just that. A new report finds that seven of the top 10 best places to resell a house are in the…
Multifamily homes have been hugely popular in the Phoenix market over the past few years, but the proliferation of rental home construction communities has been the most surprising success of all. What is rental housing construction or rental community construction? What are Build-to-Rent Communities? Also known as Build-to-Rent (BTR) or Build-to-Rent (BFR), these communities are a unique segment of the Single Family Rental (SFR) market. They are entire communities of detached, detached, or linked townhouse style residential units built specifically to be rented rather than purchased. Different developers have different operating models, but most are gated communities featuring one- to…
Modern Portfolio Theory is widely used in the world of finance. In this article, we take a closer look at what Modern Portfolio Theory is, review an example calculation, and explain the assumptions behind the theory. What is Modern Portfolio Theory? Modern Portfolio Theory (MPT) is widely used in finance and commercial real estate to create investment portfolios that maximize return at a given level of risk or minimize risk at a given level of return. Harry Markowitz is known as the father of Modern Portfolio Theory (MPT). In 1952, while completing his doctoral dissertation in economics at the University…
Year-over-year (YoY) analysis is a powerful financial analysis tool that allows you to directly compare performance between two periods. In this article, we explain what YoY analysis is, how it's calculated, and why it's useful. We also discuss the pros and cons of YoY analysis and how to calculate YoY growth in Excel. Whether you're a financial analyst, investor, or business owner, understanding YoY analysis can help you spot trends and make informed decisions. What is Year-over-Year (YOY)? YoY stands for Year over Year and is a type of financial analysis used to compare the results of a period in…
More people are flipping homes, but the profits are falling. Investors hoping to profit from soaring home prices by buying homes, fixing them up and quickly putting them back on the market are finding it harder to make the profits they once did. Record low housing inventory and high foreclosures are making it difficult to find a home to buy in the first place. Competition for homes is also high, meaning even homes in poor condition are selling for high prices. And a shortage of materials and labor is driving up the cost of repairs. According to real estate data…