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Loyd Robbins opens new real estate firm in Sarasota after leaving family firm to sons

24/07/2023dansa

Loyd M. Robbins, president and principal broker of Loyd Robbins & Co., became as a sales associate in 1973 and gained his broker's license in 1975. — Loyd M. Robbins, president and principal broker of Loyd Robbins & Co., became as a sales associate in 1973 and gained his broker’s license in 1975.

Despite stepping away from the company he helped build for 50 years, Loyd Robbins has already launched a new real estate firm just a short walk from his old office on Tuttle Avenue.

Loyd Robbins & Co. was founded by Robbins, his wife Freya Robbins and their daughter Ali Marks, according to the news release.

The office at 3580 Tuttle Ave. has a team of 17 agents with a combined 399 years of real estate experience.

Robbins sold his shares in Harry E. Robbins & Associates in mid-June, a firm he helped build with his mother and father beginning in 1973, to his four sons.

However, the transition out of the company was not because Robbins, 68, plans to retire. He said he and his 91-year-old mother sold their shares so that the third generation could take over the family business.

“This may be a new venture, but it is firmly rooted in our longstanding heritage,” Robbins said in a news release. “It’s an opportunity to pay homage to my parents’ legacy while forging

How to Renovate Your House Before Renting It Out

24/07/2023dansa

Renting out a property is a smart investment strategy if you’re looking to beat high inflation rates. with rental prices rising by around 5% per yearnow is a great time to start earning passive income.

But just having a property to rent isn’t enough. To make money, you’ll need to be able to attract potential tenants, which is no mean feat. For that reason, renovating a house before you rent it out can be a smart move if you’re looking to attract tenants and increase your rental income.

Here’s what you need to know before you carry out renovations on your rental property.

budget

Firstly, it’s important to budget when looking at your renovations. If you overspend and get yourself into serious debt, there’s no guarantee that your rental property will bring in enough to cover this!

So, the first step is always looking at how much you can afford to spend on the renovations, so they don’t eat into your profit.

If you know that you’ll need to take out a loan, it’s a good idea to improve your credit score to get the money you need.

Decide on the type of tenant you want to attract

Not

Real estate: Comparing house and condo costs in Canada

21/07/2023dansa

As the average price of a home in Canada rises year-over-year, a new study is highlighting the growing gap between the cost of condominiums and houses in major Canadian cities.

Conducted by Point2 Homes and published earlier this month, the study shows that house prices are more than double the cost of condominiums in 14 Canadian cities, most of which are in Ontario and British Columbia. The data is based on MLS benchmark prices determined by the Canadian Real Estate Association (CREA) and realtor associations in each local market as of May 2023. Benchmark prices are assigned based on property types rather than square footage.

According to Point2 Homes, the study’s results paint “a bleach picture” for those looking to upsize from condos to houses, particularly in major real estate markets such as the Greater Toronto and Vancouver areas.

In Vancouver, for example, houses are approximately $1.2 million more expensive than condos, on average, representing a difference of about 153 per cent. The term “house” refers to single-family houses, attached single-family houses and townhouses or row houses, while “condominium” refers to apartments.

Meanwhile, in Trois Rivieres, Que., there is a price difference of $44,000 when comparing the average cost of

Brooklyn Listings Six Months Later: Two Sold, One in Contract, One Still Available

19/07/2023dansa

This week, a look back at four of our featured listings from six months ago focused on homes in Sunset Park, Clinton Hill, Ditmas Park, and Cobble Hill. How did they fare?

In Sunset Park, this 1927 Finnish Co-op with a flexible floor plan makes most of its Art Deco roots, with original parquet, moldings, and French doors. Located on the second floor of 531 41st Street, the two-bedroom apartment has a recently updated kitchen. This former Co-op of the Day sold in May for $630,000, which was $15,000 over the asking price.

This sprawling Victorian flat is almost exactly as it was first laid out, and with many of the original details. Located at 275 Clinton Avenue in one of Clinton Hill’s finest apartment buildings, it has three bedrooms and an office, 1.5 bathrooms, and windows in every room. This former Co-op of the Day sold in June for $1.775 million, which was $125,000 under the asking price.

In the Ditmas Park Historic District, an early 20th century standalone has a picturesque gambrel roof on the exterior and an interior that has been converted into a two-family with separate entrances and an abundance of space. At 986 Ocean Avenue,

Plane emergency evacuation slide lands in Chicago neighborhood

18/07/2023dansa

An emergency evacuation slide from a plane that landed Monday at O’Hare International Airport in Chicago apparently fell off and was found in a nearby neighborhood, officials said.

No injuries were reported. Pictures from NBC Chicago showed officials removing what looked like a large section of plastic-like material. It landed in a backyard, the station reported.

Maintenance workers at the airport noticed the slide was missing from a United Airlines Boeing 767 that had just arrived from Switzerland, the Federal Aviation Administration said.

“We immediately contacted the FAA and are working with our team to better understand the circumstances around this matter,” the airline said in a statement.

The flight from Zurich landed safely with 155 passengers and 10 crew members aboard, the airline said.

The slide is in a compartment near the wing and exit door, and the door wouldn’t have to open for it to fall off, a source with knowledge of the situation said. The compartment door was open when it landed, the source said.

The FAA said it is investigating.

Anywhere to Release Second Quarter 2023 Financial Results and Host Webcast on July 25, 2023

18/07/2023dansa

MADISONS, NJ, July 17, 2023 /PRNewswire/ — Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate services, will release its financial results for the second quarter ended June 30, 2023on Tuesday, July 252023. The company will host a conference call and webcast to discuss its results and provide a business update that morning at 8:30am ET.

Anywhere RE Logo (PRNewsfoto/Realogy Holdings Corp.)

Investors may access the conference call live via webcast at anywhere.re under “Investors” or by dialing 888-330-3077 (toll free); international participants should dial 646-960-0674. Please dial in at least five to 10 minutes prior to start time. A webcast replay will also be available on the company’s website.

About Anywhere^BC

Anywhere Real Estate Inc. (NYSE: HOUS) is moving the real estate industry to what’s next. A leader of integrated residential real estate services in the US, Anywhere includes franchise, brokerage, relocation, and title and settlement businesses, as well as mortgage and title insurance underwriter joint ventures, supporting approximately 1.2 million home transactions in 2022. The diverse Anywhere brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and

The 10 Cities Where Rental Prices Are Falling Most

18/07/2023dansa

After three years of booming, prices in the rental market have finally started to cool down across much of the US, with a number of cities experiencing significant declines, according to the latest data.

Las Vegas took the top spot nationwide for cities where rental prices are tumbling the most, with a 6 percent drop in the year to May—the latest data available—according to Realtor.com. It was followed by Riverside, California, with a 5.9 percent decline in rental prices from May 2022 to May 2023 and Phoenix, Arizona, with a 5.7 percent slide in the same period.

These are the 10 cities where rental prices have fallen the most, according to Realtor.com data.

1. Las Vegas, NV (Median rent price: $1,531; year-on-year change -6.0 percent)

2. Riverside, CA (Median rent price: $2,302; year-on-year change -5.9 percent)

3. Phoenix, AZ (Median rent price: $1,663; year-on-year change -5.7 percent)

4. Austin, TX (Median rent price: $1,641; year-on-year change -5.6 percent)

5. Tampa, FL (Median rent price: $1,793; year-on-year change -4.0 percent)

6. Charlotte, NC (Median rent price: $1,576; year-on-year change -3.5 percent)

7. Atlanta, GA (Median rent price: $1,660; year-on-year change -3.1 percent)

8. Denver, CO (Median rent price: $1,969; year-on-year change

The Ethics of Asset Protection

18/07/2023dansa

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor is a better partner, parent, and practitioner. White Coat Investor is an affiliate partner of PIMD.

When I first started blogging at The White Coat Investor, I thought I’d be writing frequently about asset protection. It was one of the five or six main topics on the blog. Then I discovered the truth about asset protection what most doctors don’t know: it’s incredibly rare to lose personal assets in a malpractice lawsuit. Being a risk-taker by nature, I quit worrying all that much about it, especially when I realized the majority of my net worth at the time was in retirement accounts that had excellent asset protection from my potential creditors.

I’ve still written about asset protection from time to time on the blog, and I talk about it all the time because the docs are so interested in it. It’s in the WCI Online

Buying Property For Airbnb – How to Get Started

17/07/2023dansa

It’s undeniable that Airbnb properties have the potential to generate huge rental returns, but unfortunately, this potential alone will not boost your bank balance.

As I’m sure you’ve already gathered, with successful short-term letting businesses, location is everything!

Now, although Airbnb is famous for having rental properties in pretty much all environments in every corner of the globe, there are some key recommendations when it comes to investing in a property that will provide steady returns and high occupancy rates throughout the calendar year.

To achieve this, buying an Airbnb investment property in a popular UK city that offers a combination of affordable prices, strong rental yields, high visitor rates and regular music and sporting events is usually a winner!

Take Liverpool for example.

A city with a rich history, world-renowned character, popular nightlife scene, two premier league football clubs and the birthplace of the band that changed music forever – need I say the name?…

Liverpool is an ideal location to invest in a short-term rental property in terms of securing bookings all year round.

Additionally, the average property price in Liverpool is almost £110,000 below the UK average according to the most recent House Price Index, while rental

Toronto landlord launches $1.6M lawsuit after city gave stranger approval to rent her condo on Airbnb

15/07/2023dansa

A Toronto landlord is suing her former tenant, the tenant’s boyfriend, the City of Toronto and Airbnb, after her downtown condominium was rented out on the short-term rental platform for months without her knowledge or consent.

The statement of claim, filed on behalf of Allison Rasquinha in the Ontario Superior Court of Justice on June 22, says Michele Nicole Carter and Jose Cornejo Kelly registered Rasquinha’s studio condo on Adelaide Street West with the city for short-term rental without authorization and rented it out dozens of times on Airbnb in violation of the condo corporation’s rules.

It accuses Airbnb and the city of facilitating the registration and rental of the unit, claiming both neglected their responsibility to verify whether Carter and Cornejo Kelly had the legal right to rent out the property on a short-term basis.

“[My condo] is my most valuable possession. It’s near and dear to my heart,” Rasquinha said in an interview with CBC.

“It’s a terrible feeling to see something you love being weaponized for profit and gain that you weren’t even aware of.”

The lawsuit seeks $1.6 million in damages from the four defendants for financial losses and mental anguish, among other harms. The allegations