Tag Archives: real estate

8 Real Estate Questions To Ask Potential Franchisors | Entrepreneur

8 Essential Real Estate Questions To Ask Potential Franchisors Before buying a franchise, find definitive answers to these questions. By Roxanne Klein December 20, 2022 Opinions expressed by Entrepreneur contributors are their own. There are many reasons why entrepreneurs may want to buy a franchise. Making a brand successful is a tremendous amount of work in today’s world. Competition for consumer dollars is fierce. It can be challenging to elevate a brand and achieve profits. These profits will stem from a well-thought-out and strategic business plan.

The beauty of buying into a franchise is that the brand is already proven. Also, franchisees can benefit from the franchisor’s assistance in navigating the business’s challenges. As for specific profits, each franchisor should disclose sales and estimated earnings in their Franchisor Disclosure Document, often referred to as an FDD.

Before buying a franchise, here are eight essential questions to ask

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Is the Real Estate Housing Market Crashing? | Entrepreneur

The housing market is shifting, and faster than builders and sellers can adapt.

During the pandemic, low mortgage rates and increased demand led to a surge in the housing market, causing prices to soar and competition to rise. However, the tight market led to sky-high prices and an eventual rise in mortgage rates, which ultimately priced out millions of would-be buyers. Now, builders are faced with an excess of unsold homes, Bloomberg reported.

The once nationwide housing shortage — coupled with the boom brought on by the pandemic — pushed the market to a pressure point. Home prices rose by 20.6% year-over-year in March of 2022, marking the largest increase in the 30 years of record-keeping, according to the Joint Center for Housing Studies tabulations of CoStar and CoreLogic Case-Shiller Home Price Indices data.

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5 signs the housing market is starting to slow down | CNN

There is a shift happening in the housing market.

After more than a year of soaring demand, exploding home prices and increasing real estate sales, the market finally seems to be cooling off.

“The housing market isn’t crashing, but it is experiencing a hangover as it comes down from an unsustainable high,” said Taylor Marr, Redfin deputy chief economist.

Mortgage rates have increased more than two and a half percentage points this year. And the higher costs of financing a home have changed the calculations for many would-be homebuyers. As a result, year-over-year home sales have been dropping in recent months.

In a Fannie Mae survey on homebuyer sentiment, a record 79% of respondents said it’s a bad time to buy a home.

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This Is Why You Should Be Investing in Real Estate Right Now | Entrepreneur

Investing in real estate might seem like the latest get-rich-quick scheme you’ve seen on TikTok, but it’s been making people rich for years. Leonard Stern of New Jersey started out as an employee at his father’s pet supply store in 1959. He made his first investment in 1966 — a warehouse in New Jersey. He has since turned the money from that investment into a company, Hartz Mountain, which owns over 260 properties. He’s ventured into several other markets, all made possible by his real estate business. He’s worth $4.5 billion today.

For Stern, investing in warehouse spaces has made him extremely successful in real estate. Though you might normally think of buying homes when considering a real-estate purchase, the opportunities extend far beyond that.

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Negotiating Strategies to Get a Better Deal while Selling a Property | The Startup Magazine

It is a proven fact that properties always do not sell for the beginning ask price quoted by the real estate owner. If you are about to sell a property, it should be your priority to know about the negotiation loopholes that may come in your way. Sellers need to understand that mere closing the deal is not the proper answer. They should finalize the deal by getting the maximum output for their investment. Following are some time tested suggestions from cashmyre.com, which might help you a lot while selling your valued property:

Remain Updated About Market Dynamics

No matter what comes in your way, you must focus on prevailing capital values, the latest market dynamics, and trends. It will help you a lot to control the situations. The buyer cannot dictate terms as regards the purpose of the property sale, ongoing financial problems, or any deadline for sale proceeds. If you are in full control of the situation and handle the negotiation with patience, the seller will never dominate you, and subsequently, you will get the best price.

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An Entrepreneur’s Guide to Multifamily Real Estate Investing | Getentrepreneurial.com

Entrepreneurs tend to be good fits for real estate investing. This has something to do with their creativity, ingenuity, and stomach for risk-taking. And if there’s one type of real estate investing that’s more appealing than the rest, it’s multifamily properties.

The Benefits of Multifamily Real Estate Investing

As the name suggests, a multifamily piece of real estate is housing where there are multiple units. These units are typically all owned by one person, but leased out to different tenants. Examples include large apartment buildings, duplexes, and triplexes. The benefits of investing in multifamily properties include:

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Why Buy 1 House In California When You Can Get 6 In Texas? | Forbes

It’s becoming obvious, if it wasn’t already, that California real estate is uniquely expensive compared to the rest of the country. According to Zillow’s September index, the median price for a single-family home in the state — $549,000 — is high, but house prices are even higher in its four biggest cities:

  • Los Angeles: $898,949
  • San Diego: $848,500
  • San Jose: $1,099,990
  • San Francisco: $1,400,000

In the majority of major American cities, you’d pay less for a house. And in many, you could buy several houses for the cost of a single home in a California city.

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Young people are buying real estate — just not the same kind as their parents | Business Insider

Millennials and younger members of Gen X appear to be delaying the financial responsibility of homeownership.

But it’s hard to blame a group who watched the housing market skyrocket and plummet just as they were entering college or becoming young professionals gearing up to buy a starter home.

As the economy improved, and financial arrested development started to end, some 20- to 30-somethings have started to invest in real estate, but not in the traditional sense.

Many have turned to turnkey properties, which offer the opportunity to become a homeowner while adding another revenue stream to an investment portfolio.

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Weekly Economic Update | LAEDC

LAEDC BANNERThis Week’s Headlines:

Weekly Economic Update | LAEDC

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