A tandem loan refers to a pair of loans taken out on a single asset. They typically get attached to large assets, including single-family homes or commercial real estate that uses multiple sources of funding in the course of the asset’s life. Tandem loans can make financial sense in cases where a single loan equal in size to a tandem loan would generate additional fees …
Voice assistants (think “Alexa,” from Amazon) are becoming increasingly useful in real estate. They ease the transfer of money, and some property managers are experimenting with allowing their tenants to pay rent through their voice assistants. A new deal between Zego and S2 Capital is linking smart-home devices in 30,000 apartments over the next 3 years. NTT Data services also implemented an Amazon Alexa skill …
It sounds like this agent could use a better led gen site….maybe she should look into USHud? Happy Friday!
San Francisco is famous for being expensive, but how expensive is its most expensive listing? The home lies behind a gate in Russian Hill, and is 9500 sq feet with a wellness center. It has a steam room, a sauna, and a hot tub with UV filtration. It also comes with a garden that sits on a third of an acre and shelters century-old olive …
You’ll Never Guess How Much San Francisco’s Most Expensive House Is Read more »
A triple net lease is an agreement that designates that the tenant is solely responsible for all costs relating to what is being leased, in addition to the rent fee. It is called a triple net lease because it requires the tenant to pay the net amount for 3 types of costs – real estate taxes on the leased asset, building insurance, and common area …
For the last few years in big cities like Manhattan, new housing developments and condos overtake the co-op resale market. But, as competition for homes remains fierce and prices continue to climb in these already barely affordable markets, some buyers are returning to the co-op structure hoping to find some respite from soaring prices. A few years ago, new developments were exciting, as a few …
Sometimes work is frustrating, but at least it’s Friday!
While the first year as a real estate agent can be daunting, and it might feel like you can never launch your business off the ground, there is a reason to stick with it. According to the 2018 Real Estate Agent Income Guide, most real estate agents can double their income after their first year. Income continues to grow for agents and brokers as they …
Rookies Can Double Their Income After Their First Year Read more »
