Category Archives: Business

What is the 1% Rule In Real Estate

Calculating the 1% rule is simple. Just multiply the purchase price of the property by 1%. Even easier, move the comma in the purchase price to the left two spaces. The result should be the minimum you charge in monthly rent. If the property requires any repairs, you’ll also want to factor them into theContinue reading “What is the 1% Rule In Real Estate”

HUD NEWS

U.S. Department of Housing and Urban Development – Marcia L. Fudge, Secretary Office of Public Affairs, Washington, DC 20410                            HUD No. 23-106                                                                                                              FOR RELEASE HUD Public Affairs                                                                                                         Thursday 202-708-0685                                                                                                                    June 1, 2023HUD.gov/Press   HUD KICKS OFF JUNE’S NATIONAL HEALTHY HOMES MONTH Theme of Connecting home, health, and You highlights how fixing hazards in homes improves residents’Continue reading “HUD NEWS”

In the last decade, a surge in home prices has built considerable wealth for the middle class.

Carmen Reinicke@CSREINICKE Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value to homes. But unless people plan to sell their houses — which can be a difficult feat in a hot housing market — thereContinue reading “In the last decade, a surge in home prices has built considerable wealth for the middle class.”

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

NationalEmployerAugust 30, 2021 Matthew Rothstein, Jarred Schenke, and Bianca Barragan The commercial real estate industry is aware of its lack of racial diversity, and many of its biggest companies say they are working to grow the pipeline of people of color into the business. But one oft-cited source of potential employees doesn’t have the infrastructure to support that pipeline at present —Continue reading “The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System”

The Importance of Understanding Interest

The Importance of Understanding Interest It’s one thing to know what interest is. It’s another to truly understand how interest works. Understanding interest is so important because it can have a considerable impact on your entire financial picture. The most important thing to know about interest is that not all types are created equal. The way youContinue reading “The Importance of Understanding Interest”

These Eye-Catching Bricks Are Made from Textile Waste

Fab BRICK upcycles clothes into bricks that are great thermal, acoustic insulators. By Katherine MartinkoPublished March 5, 2021 01:44PM ESTFact checked by Haley Mast Clarisse Merlet was a French architecture student in 2017 when she became alarmed about the amount of textile waste created each year. In France, it’s estimated to be around 4 million tons, andContinue reading “These Eye-Catching Bricks Are Made from Textile Waste”

Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”

How Rooftop Solar Benefits Your Neighbors

Homeowners who install solar on their roofs lower electricity costs for those around them, new study finds. By Sami GroverPublished February 12, 2021 11:09AM ESTFact checked by Haley Mast Ever since rooftop solar became cheap enough to start proliferating, there has been debate about fairness and equity. Specifically, some have argued that policies like net metering –Continue reading “How Rooftop Solar Benefits Your Neighbors”

MORRILL ACT OF 1890

1890 IS OUR HISTORY, TOO! MORRILL LEGISLATION Senator Justin Smith Morrill was an abolitionist who had a vision that education would be for all social classes and offered a shift from predominantly classical studies to applied studies. This academic shift prepared students for the real world and advanced the nation by providing an opportunity to educateContinue reading “MORRILL ACT OF 1890”