Actor Jeremy Renner leads a double life as a bow-wielding superhero and a savvy real estate developer, and here he speaks to David Hochman about the secrets of designing unique homes. Jeremy Renner likes to break down barriers. Not that I'm talking metaphorically, but as an actor, he certainly subverts expectations in nearly every role he takes on. Renner's role as a lone wolf military bomb disposal expert in “The Hurt Locker” earned him an Oscar nomination not for his toughness but for his big-hearted kindness. In Marvel's “Avengers” series, he's equally astounding as Hawkeye, an expert archer who has…
Author: Private Lending Agent
Photo: Randall Slavin Actor Jeremy Renner leads a double life as a bow-wielding superhero and a savvy real estate developer, and here he speaks to David Hochman about the secrets of designing unique homes. Jeremy Renner likes to break down barriers. Not that I'm talking metaphorically, but as an actor, he certainly subverts expectations in nearly every role he takes on. Renner's role as a lone wolf military bomb disposal expert in “The Hurt Locker” earned him an Oscar nomination not for his toughness but for his big-hearted kindness. In Marvel's “Avengers” series, he's equally astounding as Hawkeye, an expert…
Gorilla Capital's Tanja Baker and John Helmick stand outside the company's headquarters in Eugene, Oregon.Gorilla Capital steps up. Share this article! Erin J. BernardIt's not easy to wow Gorilla Capital CEO John Helmick.Over the course of a decade buying, renovating and selling distressed homes, he and his team have come face to face with a terrifying array of creepy creatures, from raccoons and cats to rats, bats and buzzing wasps.”Just because there are no people in the house doesn't mean there are no animals,” Helmick said. “Vacant, abandoned, abandoned houses attract a lot of nuisance creatures, and I've seen some…
Flipping properties during today's fragile housing recovery means staying one step ahead amid increasingly fierce competition. Foreclosures are drying up, and cash-filled hedge funds are still buying low-value properties to rent. For home flippers who buy and sell homes in the same calendar year, the take is getting smaller, but the profits can still be big. “Investors are finding creative ways to pinpoint properties with resale potential in the off-market. And on the sales side, the surge in FHA buyers this year means investors have a larger pool of potential buyers, many of whom are first-time buyers looking for their…
TORONTO — Canadian real estate investor and contractor Scott McGillivray will judge four teams competing for the most profitable home renovations on the new series “Flipping the Block.”The series, which premieres Sunday at 9pm ET/PT on HGTV Canada, sees each team work with the same budget to renovate each unit in a mansion identically. They then auction off each unit, with the winner (the team who sells the mansion for the highest price) taking home the return on their investment and a $50,000 prize.”There's still a great resale market” in Canada, said McGillivray, who has been flipping properties on and…
TORONTO — Canadian real estate investor and contractor Scott McGillivray will judge four teams competing for the most profitable home renovations on the new series “Flipping the Block.”The series, which premieres Sunday at 9pm ET/PT on HGTV Canada, sees each team work with the same budget to renovate each unit in a mansion identically. They then auction off each unit, with the winner (the team who sells the mansion for the highest price) taking home the return on their investment and a $50,000 prize.”There's still a great resale market” in Canada, said McGillivray, who has been flipping properties on and…
Andrew F. Hauth, Donghun Lee, Joseph Tracy, Wilbert van der Klaauw The recent financial crisis is the worst in the last 80 years, and its roots lie in the massive rise and subsequent collapse of home prices in the 2000s. The housing bubble has been the subject of intense public debate and research, but no single answer has emerged to explain why prices rose and fell so quickly. In this article, we present new insights from a recent study by the Federal Reserve Bank of New York. Using unique data, the study suggests that real estate “investors” – borrowers who…
Fraudulent property flipping ran rampant during this decade’s housing boom, with $10 billion in suspicious deals in Florida alone, a Herald-Tribune investigation has found.The deals — many of them inflated sales among friends, family and business associates — drove up property values and tax bills during the boom, fed bank bailouts and failures after the boom, and fueled the foreclosure wave that has gutted property values.Unscrupulous property flippers would buy houses or condos, then drive up the price in a few days or weeks by selling it to someone they knew. Buyers used the inflated price to get bank loans…