• September 20, 2021

‘Crazy’ real estate deal ends with cap rate increase

Los Angeles real estate agents say they’re shocked to learn the city’s cap rate will rise by 3.5 percent next year.The cap rate is the maximum allowable increase per person, regardless of age.For the average family of three, the cap rate would be $1,095.The increase will take effect in 2019, meaning that many agents who…

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How real estate agents use data to build their online profiles

How real-estate agents use technology to build online profiles to sell their services is a topic that’s gaining steam.In 2016, tech companies such as Yelp, LinkedIn, Airbnb, and others began to use real-time data from their platforms to make real estate transactions more efficient.And real estate is no exception.Real estate agents are now using the…

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‘It was like an accident’: How Montana Real Estate courses got started in Las Vegas

When the course was first announced, students had to sign up on the website.“It was a real shock,” said Stephanie Miller, a 22-year-old from Reno.“I was like, ‘I can’t believe this is happening.’It was like a really big thing.”In Las Vegas, a few weeks later, Miller enrolled and got a copy of the program.“You don’t…

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Boise Idaho real estate firm loses $200M in IPO – FT

Boise, Idaho (AP) A Boise real estate company that specializes in commercial real estate sold its stock Thursday to a hedge fund that specializes on municipal bonds, as part of a deal that would raise $200 million in a public offering.The Boise City Council approved the deal with the Idaho Real Estate Investment Trust on…

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The Trump Administration Is Now Tapping Out Real Estate Taxes, Not Real Estate Investors

President Trump has signed a new executive order instructing the Office of Management and Budget to begin exploring the possibility of changing the way that real estate is taxed in the United States.The president also signed an order on Tuesday directing the Office for Tax and Economic Policy to begin looking at how to increase…

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When the banks rule: Wall Street firms are still too big to fail

Bankers are still big and fat, and they can’t be stopped.The banks, it seems, will not be stopped in their current form.In fact, there are a few major banks that could soon lose the ability to operate under their own rules.This is according to one bank lawyer, who spoke to The Wall St. Journal on…

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