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Read previewElisa Ball and John Williams bought a house in Florida last year. Though they dated from 1997 to 2009, Ball and Williams are now just friends. As a result, people like Ball are buying homes with friends. I bought every single property with friends, and that was the only way I could get started. You must make sure you trust who you're buying withMaking a purchase as large as home is always risky.
Persons: , Elisa Ball, John Williams, Williams, Ball, haven't, Bonds, cobuyers, who've, Jordan Pandy jpandy@businessinsider.com, Kristina Modares, she's, Austin, Steph Douglass, Modares, Austin Modares, they're, Noah Sheidlower Organizations: Service, Business, Open Locations: Florida, Palm Bay, West Palm, South Florida, Boca Raton, Austin, San Antonio
Jason Fell purchased a vacation home in 2020 and turned it into his primary residence soon after. Courtesy of Jason FellWe basically converted a lake vacation home into a full-time home. We're saving on property taxes and were able to renovateWhen we bought the Poconos house as a vacation house, we paid cash, so there's no mortgage. Having that separation from the real world versus vacation world — I guess some people can see value in that. AdvertisementIt's not like we moved into our vacation home and that's it — we still go on vacation.
Persons: Jason Fell, Fell, , We've, we're, I'm, they're, Jordan Pandy Organizations: Service, Port Authority, Business Locations: NYC, , New Jersey, Pocono, Pennsylvania's Pocono, Bergen County, New York, New York City, New Jersey, Pennsylvania, NJ, Midland Park, jpandy@businessinsider.com
Japan has more than 8 million abandoned homes, with no restrictions on foreign buyers. Homeownership in Japan isn't the same path to financial freedom as in other countries. AdvertisementTake Kurosawa spent summers in Japan as a kid, and always dreamed of owning property there. In January, Kurosawa and Stockermans launched Akiyamart , a website to help foreigners find and purchase abandoned homes in Japan. It's a money-maker that has worked in the US but isn't necessarily a surefire way to generate income in Japan.
Persons: , Kurosawa, Joey Stockermans, Stockermans, It's, Eric McAskill, McAskill, Jaya Thursfield, Chihiro, Eric McAskill Anton Wormann, Bethany, Bitsii, Nakamura, homeownership, Bethany Nakamura, Jordan Pandy Organizations: Foreigners, Service, Survey, Business Locations: Japan, Homeownership, Beppu, Kyushu, Santa Cruz , California, Nova Scotia, Canada, Italy, Portugal, , California, Bali, Nagano Prefecture, Jaya, Ibaraki Prefecture, London, America, jpandy@businessinsider.com
Diem Nguyen recently bought a home near San Francisco without using a real-estate broker. AdvertisementIn October, Diem Nguyen bought a home in the San Francisco Bay Area for $1.6 million — without a realtor. About 88% of homebuyers this year used a real-estate agent, Zillow found . Have you bought a home without a real-estate agent? (Aalto does have a team of real-estate agents working behind the scenes, but they are salaried rather than paid by commission.
Persons: Diem Nguyen, , Aalto, Buyers, Nguyen, Zillow, Sellers, Jordan Pandy, Ilyce Glink, Samuel J, Tamkin Organizations: Service, San Francisco Bay Area, country's, Buyers, Rocket Mortgage, Washington Post, Sarasota Herald, Tribune Locations: San Francisco, San Francisco Bay, California, Washington, Zillow, Sarasota
One in four millennials moved to a different city in 2022, many for work or cost of living concerns. Nearly 17,300 millennials relocated to Cambridge in 2022, bringing the total percentage of millennials to 38% of the total population. Seattle and Sunnyvale, California, also saw comparable moves, as millennials who moved in 2022 made up about 12.5% of the total population for both cities. When looking at the top cities by percentage of total millennials compared to the total population, Jersey City, New Jersey, ranked first at 41.5%, followed by Seattle, Denver, and Austin. However, Port St. Lucie in Florida had the lowest rate of millennials moving in compared to the total population at 4.8%, followed by Brockton, Massachusetts.
Persons: , Jaclyn DeJohn, millennials, Millennials, DeJohn, SmartAsset, Gen Xers Organizations: Cambridge, Service, Survey, Business, Harvard University, Massachusetts Institute of Technology, Intel, Nvidia, Lone Star State, Waco, Fort Hood, Fontana Locations: Santa Clara , CA, Seattle, Cambridge , Massachusetts, Santa Clara , California, Boston, Cambridge, Santa Clara, Silicon Valley, Santa Clara's, Georgia, Sandy Springs, Sunnyvale , California, Denver, Bellevue , Washington, Arlington , Virginia, millennials . Arlington, Hialeah , Florida, Arlington, Killeen , Texas, Austin, Jersey City , New Jersey, Port St, Lucie, Florida, Brockton , Massachusetts, Cities, California, Santa Ana, Moreno, Surprise , Arizona, Bend , Oregon, Scottsdale , Arizona, Orlando . Florida
Places across the US offer cash, homes, and other perks to lure remote workers and other relocators. Insider rounded up the states, cities, and towns that will reward you to move there in some way. Lillian Griffith, a 25-year-old data engineer, moved from Alpharetta, Georgia, to Tulsa, Oklahoma, in August 2022 to take advantage of the Tulsa Remote program, which granted her $10,000 simply for relocating to the Oklahoma city. "The Tulsa Remote program is not some elitist program that only accepts people who work in high-paying positions," Griffith previously told Business Insider. While some cities are doling out cash for remote workers, hoping their presence will boost the local economy, others are looking to attract new talent.
Persons: , Lillian Griffith, Griffith, Cincinnati —, relocators, Jordan Pandy Organizations: Service, Tulsa, nab Locations: Alpharetta , Georgia, Tulsa , Oklahoma, Oklahoma, Tulsa, , Ohio, Cincinnati, Lincoln , Kansas, Wichita, jpandy@businessinsider.com
In 2018, Rod Roddy and Lisa Cinnater bought an old general store in Louisiana for $55,000. Roddy broke down the painstaking renovation and why they're finally ready to sell to a lucky buyer. When they were approached with the opportunity to buy the old OJ Mire General Store in 2018, they were in the process of renovating another home owned by the Mire family. After taking a tour of the store, the couple purchased it for $55,000. Roddy and Cinnater spent just over a year turning that old general store, which had sat vacant for nearly 40 years, into a proper home.
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