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Black Americans still face steep hurdles to homeownership

By Richard | Feb 16, 2024

Skynesher | E+ | Getty ImagesHomeownership is out of reach for many Americans — especially for Black Americans.In the country’s largest metropolitan areas, Black people own a disproportionately small share of homes relative to population size, according to a new report from LendingTree.In 2022, Black people made up an average of 14.99% of the population […]

How to Buy a Rental Property in 90 Days (or Less!)

By Richard | Feb 16, 2024

Here’s exactly how to buy your first rental property in ninety days or less. And guess what? You don’t need ANY real estate investing experience to do it. After watching this episode, you’ll be able to find rental properties, analyze them to ensure they’re profitable, and fund them so YOU can start building financial freedom. […]

Commercial real estate will be ‘a dull pain’ that continues in the system, says Richard LeFrak

By Richard | Feb 15, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The LeFrak Organization CEO Richard LeFrak joins ‘Squawk Box’ to discuss the state of the commercial real estate market, the stressors facing the sector, and more. 07:12 Wed, Feb 14 20249:37 AM EST Source link

Keller Williams Settles for $70M in NAR Lawsuit, Banks “Rocked” by RE Losses

By Richard | Feb 15, 2024

Just when you thought the NAR lawsuit coverage was over, Keller Williams agrees to settle for $70M, bringing a big blow to real estate agent commissions. How will this impact buyers and sellers, and are we entering a new age of home buying where only a fraction of the real estate agents exist? We’re getting […]

We just need to see some stabilization in the interest rates, says BMO’s John Kim

By Richard | Feb 15, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Kim, analyst at BMO Capital Markets, joins ‘Squawk on the Street’ to discuss his insights into the commercial real estate market, whether distressed funds will help to stabilize the market, and more. Source link

After Several Years of Investing, These Are My Fundamentals for Generating Passive Income

By Richard | Feb 14, 2024

In this article I often hear new investors ask: “What types of properties are the best? “What should I look for when evaluating rental properties?”  They are starting at the wrong point. As with any major venture, real estate investing starts with clarifying your goal. And every investment decision you make must align with your […]

Dragon Year opportunities, challenges for businesses: Maybank fengshui report

By Richard | Feb 14, 2024

A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating the Lunar New Year, ringing […]

The Money Apps, Habits, and Productivity Hacks That Helped Us Find FI

By Richard | Feb 14, 2024

These personal finance apps, tools, products, and habits helped us reach financial independence, and they can do the same for you. If you’re on the road to FIRE or have finally made it to financial freedom, ANY of these tools can help you save, invest, and learn more along the way. But we’re not just […]

New student loan payment plan may help borrowers become homeowners

By Richard | Feb 13, 2024

A row of townhouses in Alexandria, Virginia. Grace Cary | Moment | Getty Images A new, more affordable repayment plan for federal student loan borrowers may come with another advantage: It could make it easier to become a homeowner. The Saving on a Valuable Education, or SAVE plan, can cut borrowers’ monthly payments in half, […]