An investor planning for early retirement through real estate reveals the two major mistakes he made while creating his collection of 14 rental properties.
Brannon Potts’ Journey in Real Estate Brannon Potts, now 54, embarked on a venture to build rental properties in his late 40s. He aimed to create an additional income stream and ideally retire in his 50s. In the five years since, this investor from the Fort Worth area has adopted a build-to-rent strategy, successfully constructing […]
Apple and Klarna introduce a new device rental scheme
Thomas Hayes, chairman of Great Hill Capital, recently discussed the ongoing market rally with Stuart Barney, linking it to decreasing oil prices and stabilizing yields. In an interesting move, Apple has teamed up with Klarna, a buy now, pay later (BNPL) payment provider, to offer customers in the U.S. a leasing option for new Apple […]
New York City’s housing crisis reaches critical levels as rental prices soar to record highs
Last month, the average rent for a one-bedroom apartment in Manhattan soared to a staggering nearly $5,500. Brooklyn isn’t far behind, and experts claim this situation has pushed the city’s housing crisis into what they describe as “defcon 1.” “Bold action is essential. We’re facing a crisis,” stated New York City Comptroller Mark Levine. He […]
Connor Murphy’s upscale Thailand rental damaged prior to his drowning death
Following the tragic drowning of influencer Conor Murphy in Thailand on July 7, police found unsettling conditions at the rental property he shared with his girlfriend, Bea. Reports indicate that a video captured by Viral Press revealed a disturbing scene, featuring a black tar-like substance smeared across various kitchen appliances alongside mounds of unkempt trash […]
Increase in illegal immigration has led to higher home and rental prices, according to Fed report
Impact of Illegal Immigration on Housing Prices A new report from the Federal Reserve highlights a significant increase in illegal immigration during the Biden administration, which has contributed to rising home prices and rents. This issue remains divisive politically. On one hand, Republicans argue that President Joe Biden’s border policies have burdened housing and public […]
His $36,000 in rental earnings makes 85% of his Social Security taxable, year after year.
Quick Read When net rental income surpasses $36,000, retirees will consistently exceed the $34,000 income limit each year, leading to 85% of their Social Security benefits being taxed. The $34,000 threshold for single filers regarding Social Security tax has remained unchanged since 1984, with no adjustments for inflation. Maximizing depreciation deductions and opting to withdraw […]
Data keeps showing Manhattan’s robust office rental market
Manhattan Office Market Shows Strong Demand While it might feel like we’ve been hearing the same story about Manhattan’s office rental market, new statistics keep emerging each week that are quite striking. Cushman & Wakefield recently indicated that there’s such a high level of demand that the luxury office spaces are quickly running out. In […]
Short-term rental costs in NJ and NYC surge over 1,500% per night during World Cup games
Property owners in the area are capitalizing on the influx of soccer fans during the World Cup by significantly raising short-term rental prices. Some are reportedly increasing rates by as much as 1,500 percent per night, looking to cash in on the wave of football enthusiasts arriving for matches starting June 13 at MetLife Stadium […]
Zillow shares information on the most sought-after rental markets for summer 2026 in the U.S.
Housing Market Report for Summer 2026 As summer approaches, Americans are still grappling with a challenging housing market. Recently, a report shed light on the state of rentals across the nation. According to an analysis from Zillow, the Northeast and California are expected to dominate the list of the hottest rental markets this summer, although […]
Rental company in NYC takes legal action against church for renting its space to a nightclub
Church Lawsuit Over Tenant Disputes A place of worship isn’t always serene. The owner of a rental building in the East Village is taking legal action against the Christian Pentecostal Church that occupies part of it, claiming they have been leasing space to a “barbershop, bar, and nightclub,” as detailed in a recent lawsuit. The […]