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Real Estate Expert Shares How He Made Over Millions from Condo Conversions and Short-Term Rentals
Real estate mogul Ken McElroy shares how he earned $1 million in the real estate business, which includes managing properties, short-term rentals, revamping facilities, and digitalising static billboards.
Chicago Woman's Home Sold Without Her Knowledge Due To Assessor's Office Massive Mistake
McElroy's parcel ID or PIN linked to her family home was swapped with her neighbours, leading to considerable financial and mental stress over the years.
Mark Cuban Reveals What He'd Invest In—And What He'd Avoid—If He Were A Two-way NBA Player
The billionaire believes that careful financial planning, such as avoiding impulsive investments and seeking legitimate financial advice, can help hedge risks in an athlete's career.
Newly Married 73-Year-Old Feels Slighted As Husband Plans To Leave $1.8M Home To 10-Year-Old Relative
A 73-year-old US woman moved to Europe to live with his husband she married three years ago. She wonders if it's normal to give away the house they share to a distant relative while she pays the bills and supports their lifestyle.
Mother Cuts 75-year-old Son's Inheritance By $20k Over Decades-old Unpaid Debt Before Passing Away
The man lives in an assisted living facility and claims to have repaid $5,000 to his mom. He is now exploring ways to receive the entire inheritance payout, even if that means amending his mother's old tax returns.
Blackstone Hiked Rent Prices At Double The Market Rate in San Diego, Allegedly Uses RealPage's Rent Fixing Software: Report
Blackstone has aggressively expanded its real estate empire since 2021, owning 350,000 rental units while fighting rent control measures and allegedly using rent-fixing software that is being probed for financially impacting millions of renters.
Dave Ramsey Show Host Shares Why New Mortgage Trend 'Assumption Loans' Scares Him And Why You Should Be Wary, Too
George Kamel warns homebuyers against falling into the trap of assumable mortgages, which often lead to high upfront payments, long closing times, and a lot of paperwork.
Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates
More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year. The new, higher rates are expected to hike payments by an average of £1,800 annually, raising risks of defaults and more outstanding balances with arrears.
Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme
The DOJ is probing RealPage's collusion with landlords via its algorithm-based rental price-setting software to fix higher rents beyond market forces that impacted millions of renters.
Redfin CEO Says If Mortgage Rates Don't Fall, Plan B Is To 'Drink Own Urine Or Competitors Blood'
During Redfin's Q2 earnings call, CEO Glenn Kelman said he is surprised about the muted real estate market activity despite mortgage rates consistently declining in recent months.
Jeff Bezos-Backed Real Estate Investment Startup Lets You Own Prime US Residential Properties Online with Only $100
Arrived lets you buy prime, vetted single-family rentals across dozens of US markets online for monthly rental income and net-worth growth through value appreciation.
Grant Cardone Says 'If You Have A Million Dollars, You're Broke... You Need $10M In 2024 To Be Rich'
Equity fund manager and investor Grant Cardone explained that a million dollars would make you rich in 1960, not today, as the value of the greenback has dropped steeply over the decades.
The Last Time This Warren Buffett Indicator Reached This High, A Painful Year-Long Bear Market Followed
Berkshire Hathaway Chairman Warren Buffett's stock market valuation indicator reached an all-time high of 200% last week, implying extreme stock valuations.
State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners
High inflation and rising California fires have led State Farm to propose homeowners insurance rate hikes. At the same time, many insurers remain hesitant to return to the state due to rapid climate change.
JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end
JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.
US Housing Affordability Crisis Won't Improve Until 2026 As Rates and Prices Remain Too High, Analysts Say
Home sales and construction declined in May. Homeowners who locked in at low mortgage rates before the US Fed's aggressive rate hikes have been unwilling to sell their homes.
Daughter Receives $20K From Parents To Pay For Her Wedding, Uses It For A House Down Payment Instead
Mike's daughter put the $20,000 into a home down payment before paying for the wedding herself with help from her fiancé. She is among many Americans who are marrying late and taking on more financial responsibilities.
12% Americans Don't Have Home Insurance: Why More Homeowners Don't Think The Rising Prices Are Worth It
Americans are increasingly dropping their homeowner insurance policies or falling behind on payments amid high living costs and rising coverage premiums.
'I Thought I Could Trust Him': Woman Finds Out New Husband Hid $77K Credit Card Debt
Jim and Dana are 58 years old and have been married for five years. Jim's instinct to provide for the family at any cost has landed him deep in debt, which he kept a secret until now.
'Deal, Debt, Then Equity': How These 23-Year-Olds Made $25M With This Real Estate Strategy
Cody and Christian focused on seller financing to buy apartments in niche markets without paying from their pockets and generate passive rental income.
Ex-Wall Street Employee Reveals 6 Businesses With Low Failure Rates You Can Start
Failing at your first business can severely diminish motivation for future efforts. This expert outlines recession-resistant businesses that need low capital.
This Guy Works Twice A Week and Earns $700K Yearly: Tips On Starting A Vending Machine Business
From a corporate job to a successful vending business from scratch, Adam Hill started out with the right feedback, resources, and timing.
'You've Been Lied to About Buying Property': Multimillionaire On Why He Rents and Refuses To Buy Real Estate
Millionaire busts real estate investment myths, and explains why renting can be better and you should see your properties as expenses rather than investments.
UK Housing Market Poised for Recovery as Savills Forecasts Bottoming Out in 2024
Savills, a fancy estate agency, says that the worst might be over, and house prices are expected to stop falling by next summer.
Is the Russia-Ukraine war affecting the real estate industry?
Urban Logistics REIT PLC highlighted the adverse impact of Russia's invasion of Ukraine as a contribution to a significant shift in its financial performance.
Britain's mortgage crisis, borrowers to be given 12-month grace period before repossession
Rising costs, affordability concerns, and economic uncertainty impact the housing market, with interest rates now standing at five per cent in the UK, the highest level since April 2008.
Australia's Property Downturn Puts Home Buyers In Double Mortgage Bind
Australia's housing market downturn is squeezing many home sellers into a double bind: They've taken out a mortgage for a new home but are holding out for a good deal on their old place, forcing them also to hold a bridging loan to cover their previous mortgage.
UK house prices have 'gone off the boil' but don't expect the property market to crash
The Nationwide UK house price index for February reveals a slowdown after January's data sparked hopes of a bounce in the property market.
Fed-up homeowner erects for sale sign, claiming 'neighbour is an ***hole'
A homeowner in British Columbia, Canada is being 100% honest to prospective buyers - his neighbour is an "a**hole".
Meet the man crowdfunding to buy Katie Hopkins' home and turn it into a refugee centre
Controversial columnist has compared refugees to "cockroaches" in the past