Monthly Archives: May 2020

A Tremendous Transition

Posted by Shawn Simpson // May 27, 2020

The real estate industry has undergone a “tremendous transition,” Coldwell Banker CEO Ryan Gorman said on CNBC last week. “60 to 70 percent of all the buyers we’re talking to are looking at areas, properties, and even potentially making offers on properties having only seen them online, which I think speaks a lot to the pent up demand.” Buying […]

more >>

A Remote Work Tax Deduction

Posted by Shawn Simpson // May 20, 2020

The CMS Wire said, “A significant number of the nation’s workers, forced to work remotely from home because of the coronavirus pandemic, may find themselves permanently working from home, according to a new survey from research firm Gartner. The study found that 74 percent of respondents expect at least five percent of their workforce who previously worked […]

more >>

Facing Foreclosure and Need Help

Posted by Shawn Simpson // May 13, 2020

Thanks to the continued impact of COVID-19 on the economy, The Housing Wire, tells us that approximately 10% of borrowers whose mortgages are backed by the Federal Housing Administration or the Department of Veterans Affairs are in forbearance. That condition may mean that some percentage of borrowers may soon be facing foreclosure and need help. The data comes courtesy […]

more >>

Myths of Cap Rates

Posted by Shawn Simpson // May 6, 2020

Brian Burke writes in BiggerPockets that “A lot of what you read about cap rate is simply wrong. I’m here to dispel the myths of cap rate and tell you the real story.” “Perhaps no topic is more overrated, misunderstood, or debated than cap rate. I would also argue that the capitalization rate has more inaccurate […]

more >>