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McNeeley's 'binder strategy' allows him to increase rent, while still maintaining happy tenants. 'The binder strategy': asking tenants to increase their own rentMcNeeley's "binder strategy" involves sitting down with his tenants, explaining what the average rent prices in the area are, and ultimately asking them to set a fair price. The first page of the binder features a picture of the property they're renting and the amount McNeeley paid for it. "The tenants asked for more than a $300 increase because it's still below the area average and they're still getting a deal," McNeeley said. Typically, McNeeley employs the binder strategy when he acquires a new property and then does a 5% rent increase every other year.
Persons: Dion McNeeley, McNeeley, that's, he'll, they're, It's, He's, he's, handymen, they'd, I've Organizations: McNeeley Locations: Tacoma , Washington, Washington, McNeeley's
After being laid off in March 2020 Nathan and Taniera Turner started looking into real estate. Today, they have 25 Airbnb units in three different states, plus an Airbnb cleaning business. They continued working with the client, who owned six Airbnb units total, and started learning more about the hosting side of the business. "They were telling us about their journey and how they were able to quit their jobs from doing Airbnb," said Turner. Moving to Houston and using rental arbitrage to set up an Airbnb rental with $6,400The Turners continued picking up clients and cleaning Airbnb properties in Louisville.
Insider has spoken to a handful of investors who have used real estate to achieve financial independence, including some who got started with less than $10,000. (Buildings with four or more units are typically considered commercial real estate properties.) "'Twos' and 'threes' and 'fours' are a fantastic entry-level investing approach," said real estate investor and consultant Dana Bull, who acquired seven multi-families in Massachusetts over five years. Because duplexes, triplexes, and fourplexes fall under the bracket of residential real estate, you're able to utilize residential loans, she pointed out. Real estate investor Matt "The Lumberjack Landlord" and his family.
Season 4, Episode 7: ‘Tailgate Party’This “Succession” season’s premiere episode ended with Tom and Shiv lying together in bed, bitterly angry but still holding hands. Their weird romantic renaissance peaks with this week’s episode, which sees them sexting each other incessantly — and sees Tom confusingly gifting Shiv with a glass-encased scorpion, in an apparent reference to “the scorpion and the frog” parable. As always with “Succession,” the Roys arrive at this party with discrete agendas. It’s only after Shiv warns him that the Roy boys are making moves that Matsson mobilizes. His strutting GoJo band barges into the triplex right when Kendall is leading a moment of silence for Logan.
This article contains spoilers for Episode 7 of the final season of “Succession.”It’s election eve in the world of “Succession,” and the Roys are jockeying for position. Kendall and Roman ramp up their efforts to stop the Matsson deal, and Shiv and Tom host the tailgate party with Logan’s preordained guest list. This “AOL era, legacy media, putrid stuffed-mushroom” fest, as Matsson calls it, even has an electoral party game with a kettle corn prize. Matsson stuns in a golden bomber jacket, but Tom may be the quiet style star of the night. GT: Fur confidence or velvet confidence?
Dan Rivers didn't buy his first real estate property until 2019, when he was 38 years old. A late start to real estate investingWhen Rivers was 16 years old, doctors discovered he had a congenital heart murmur. Although he didn't know anybody there and had never sold real estate, Rivers decided that he wanted to capitalize on his newfound confidence by trying his hand at becoming a real estate agent. But his real estate investing journey began picking up steam in 2019, when he met a local real estate flipper. How a compound growth mindset contributed to Rivers' successIn fact, Rivers credits much of his real estate investing success to this compound growth mindset.
One of the many, many highlights of tuning in to HBO's "Succession" every week is getting to see how the other half lives. Unlike Logan and Marcia Roy's home, also featured prominently in the episode, Kendall's stunning space is not a set. For one fan of the show, seeing this penthouse apartment featured in prime time was a gratifying experience. McMillan is the founder and CEO of DDG, the developer of 180 East 88th Street in New York City, where the luxury apartment is located. The five-bedroom, four-bathroom, 5,508 square-feet "triplex" apartment, which is in Manhattan's tallest tower north of 72nd Street, is listed for $29 million.
The penthouse at 180 East 88th Street, which featured as the home of Jeremy Strong’s character in HBO’s Emmy-winning hit show, “Succession,” is on sale for $29 million. A spiral staircase leads to the second floor and to the roof landing. Sean HemmerleThe interior of the five-bedroom apartment covers 5,508 square feet and includes two living rooms, four bathrooms, a private elevator and a spectacular, sculptural spiral staircase. Sean HemmerleThe three-story home was originally listed by Corcoran for $33 million in 2022, but dropped to its current price this year. And for anyone with a bit more to spend, Roman Roy’s (Kieran Culkin) equally opulent Upper West Side apartment is also on sale, for a cool $38 million.
Montana Republicans are aligned behind zoning reform and other pro-housing policies. And everybody in Montana is asking this question of, you know, how can we keep Montana feeling like Montana?" Preventing a 'California-style housing crisis'Montana's ultra-conservative GOP governor, Greg Gianforte, recently called the housing crisis "probably the number one issue faced by working Montanans." Conservative supporters of pro-housing policies in the state have successfully tied anti-California sentiment to anti-sprawl and pro-housing policies. "The fear is that in 25 years, we're going to have a California-style housing crisis," Cotton said.
Casey Dunn/ICONA thread running through ICON’s work is building homes for disadvantaged people, including accommodation for the long-term homeless, often in collaboration with non-profits. Bailey suggested the success of 3D-printed housing could hinge on how it is perceived by prospective residents. Instead of Lavacrete, ICON is experimenting with using lunar regolith, the mineral-rich dust and rock that covers the moon’s surface. ICON's Project Olympus will see a construction system built by the company on the moon later this decade. Apis CorCOBOD is responsible for what it claims is the tallest 3D-printed building in the world, a three-story house in Saudi Arabia.
Companies Trump Organization Inc FollowNEW YORK, March 21 (Reuters) - A New York judge on Tuesday rejected former U.S. President Donald Trump's bid to delay the scheduled Oct. 2 trial in state Attorney General Letitia James' civil fraud lawsuit, calling the date "written in stone." Among the other defendants are Trump's adult children Donald Jr., Eric and Ivanka, and the jailed former Trump Organization chief financial officer, Allen Weisselberg. Christopher Kise, a lawyer for Trump, said the defendants' confidence is growing as they learn more about James' case. "Once everybody knows exactly what happened, then they're going to see that President Trump has done absolutely nothing wrong," he said. Asked later by a Reuters reporter about the trial date being set in stone, Kise said: "For now, it is."
Alexis Stewart, a media personality and the daughter of lifestyle guru Martha Stewart , has found a buyer for her triplex Manhattan apartment four years after listing it. Ms. Stewart has signed a contract to sell the six-bedroom West Village unit for a price in the low $30 million range, according to a person familiar with the situation. That price is significantly less than the $53 million she asked when the property first came on the market in 2019. It was most recently asking $37 million, according to listings website StreetEasy.
He shared with Insider some of his favorite examples of real-estate investing changing lives. Eight years ago, when Dan Lane wanted to get into real-estate investing, he turned to podcasts for strategy ideas from other investors. Over the course of those 400-plus episodes, Lane has heard scores of ways that real-estate investing has changed people's lives. Depending on the cost of homes and an investors' income levels, acquiring rental properties can be difficult through down payments. For a deeper look at other real-estate investing strategies — including methods for prospective investors starting out with little money — click here.
Before Dion McNeeley quit his day job, he made sure he'd be prepared to weather a recession. So I'm saving around 10 grand a month to invest into future things that will add to the cash flow." Before McNeeley left his day job, which paid six-figures, he said, he made sure that his finances and investments were secure enough to weather a potential recession. In fact, he didn't feel comfortable quitting his day job until his rental income exceeded $16,000. When he quit his day job, he bumped that number up to $50,000.
Donald Trump and the Trump Organization suffered a big legal setback in Manhattan on Thursday. In arguments before the judge hours before the ruling, Trump attorney Christopher Kise called the idea of monitoring "drastic" and likened it to "nationalizing" the company. In Thursday's 11-page ruling, Engoron credited the attorney general's lawsuit with having made a "compelling" case for fraud. In one, Engoron cited Trump's triplex penthouse at Trump Tower on Manhattan's Fifth Avenue. Trump claimed on 2011 financial documents that the triplex was worth $80 million, the judge noted, referring to the attorney general's evidence.
Property investor Todd Baldwin isn't interested in getting a mortgage right now due to high rates. The millionaire is in the unique situation where he can pay in cash if the right deal comes around. "If the deal is over 6%, I'm going to pay cash and hopefully get a discount." With the interest rates where they are now, "I can still make money," he explained, "but my margin of error is a lot thinner. Baldwin understands that not everyone can simply pay cash if they want to invest right now.
One real estate investor used various strategies to get upfront cash to build his portfolio. Buying real estate requires upfront cash: In most cases, you need money for a down payment and closing costs. Still, he managed to build a 25-unit real estate portfolio in about four years, which Insider verified. Plus, he was generating positive cash flow and starting to see how real estate investing could help him build long-term wealth. He was watching a lot of real estate content on YouTube at the time and learned through one video that you can buy real estate with an IRA.
A former cop who never earned more than $52,000 built a 25-unit real estate portfolio. He spends time managing his investments, including a 25-unit real estate portfolio, which Insider verified. Here's how Mark built a 25-unit real estate portfolio in just five years on a salary that never exceeded $52,000 a year. He agreed, called up a real estate agent he knew in the area, and told her he wanted to invest in real estate. "At that time, I had not read any real estate books, I had not watched any YouTube videos, and I really didn't know anything about buying real estate," said Mark.
The statements were unsealed last week as part of NY AG Letitia James' fraud lawsuit against Trump. Trump told Sean Hannity the disclaimers absolve him of responsibility and the AG has "no case." "We have a disclaimer," Trump told the Fox News host. But Trump told Hannity none of that would matter because each Statement of Financial Condition begins with a warning. The opening paragraphs of the disclaimer for Donald Trump's 2012 Statement of Financial Condition (highlights added).
Donald Trump has 5 ways to fight Letitia James' lawsuit, ex-NY AG prosecutors told Insider. James filed a 220-page lawsuit against Trump, his family, and the Trump Organization on Wednesday. Trump Defense No. Still, the judge must at least weigh any "I just signed what they gave me" defense, Morian said. "There's a yawning silence" from the banks Trump allegedly tricked into lending to him, he noted.
Inside the $250 million penthouse on 'Billionaires' Row'
  + stars: | 2022-09-23 | by ( Robert Frank | ) www.cnbc.com   time to read: +4 min
The three-story mega-home inside Central Park Tower, which spans more than 17,500 square feet, is the country's most expensive listing. The most expensive sale of the year in Manhattan so far is a $74 million penthouse of the new Aman New York condo. Some brokers say the $250 million asking price for Central Park Tower penthouse is unrealistic. Central Park Tower was built by Extell Development, the developer behind several of Manhattan's new super-towers. The Grand Salon at The Penthouse at Central Park Tower Source: Evan Joseph | Central Park TowerThe home has the highest terrace in the world, a glass-rimmed platform soaring 1,460 feet above Manhattan.
Jay Powell just went full Volcker
  + stars: | 2022-09-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +10 min
But in just a few months, that sizable jump has become the norm, and it’s almost certainly sealed Jay Powell’s status as the Paul Volcker of the 2020s. “Chair Powell just announced another extreme interest rate hike while forecasting higher unemployment,” Warren tweeted. Bottom line: Powell continues to draw from the Volcker playbook, which means he’s unlikely to waver on the Fed’s target rate of 2% inflation, lest the central bank’s credibility take another blow. Only time will tell whether that 40-plus-year-old playbook still applies in an economy that’s fundamentally different from the one Volcker confronted. Trump also lied about the square footage of his Trump Tower triplex apartment to inflate the value at over $300 million, James alleges.
When construction topped out at New York’s Central Park Tower, the Billionaires’ Row mega-tower set a record for the world’s tallest residential condominium, at 1,550 feet high. Now, developer Gary Barnett is gunning for yet another record, aiming to achieve the country’s highest-ever home sale price. Mr. Barnett’s Extell Development is asking for $250 million for the building’s penthouse, a triplex positioned at a height of more than 1,400 feet. The listing is the most expensive in the U.S., according to the listings website Zillow, topping the $225 million listing for Michael Eisner’s California estate.
His "binder strategy" involves including tenants in the conversation about their rent price. He educates tenants on area average rent prices and then asks them what they think they should pay. He calls it the "binder strategy," and it involves his tenants setting their own price. That's where his "binder strategy" comes into play. His tenants in both units were paying about $1,100, but the area average rents were closer to $1,600, he said.
Medicii spun că o viață intimă armonioasă este foarte importantă pentru evoluția cu succes a sarcinii, dar și a viitoarei nașteri. În plus, la multe femei în timpul sarcinii apar hemoroizii, ceea ce creează dureri și disconfort”, explică Iraida Snigur. Care sunt beneficiile sexului în timpul sarciniiMedicii sunt unanimi în părerea că sexul în timpul sarcinii este necesar pentru ambii parteneri. Iată câteva avantaje de a face sex în timpul sarcinii:Buna dispozițieAbstinența prelungită în timpul sarcinii nu este benefică nici viitoarei mame, nici viitorului tată. Plăcere mai mareÎn timpul sarcinii fluxul de sânge către pelvis crește, vaginul se îngustează și clitorisul crește.
Persons: Ginecologii, paterni, Snigur Organizations: Universitatea Leiden
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