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Caleb Hommel and Chuck Sotelo knew little to nothing about real estate before investing in their first property. They were only teenagers, after all."We had no experience," Sotelo told Business Insider. "We didn't have any credit, we didn't have any money, and we didn't really have any connections."The friends, who met on the first day of high school when they sat next to each other in a pottery class, started discussing buying property during the pandemic. At the time, they were enrolled in two different junior colleges, but remote learning...

Since 2017, Jeff White and Suleyka Bolaños have moved homes once a year.They've shared walls with neighbors in duplexes and triplexes, and shared common spaces with roommates in single-family homes. They've lived in a basement unit and a tiny home.The moving process is now "a one-day thing," Bolaños told Business Insider. They pared down their belongings to the point where, "when we would move, we just basically pack up our room."White and Bolaños own each of the homes they've lived in. They're using a strategy known as house hacking, in...

A pretty fisherman's cottage in a Cornish seaside town is on the market for just £235,000 - but it won't suit all first-time buyers. The aptly-named Dolls House in Portleven is squeezed over two storeys between two more traditional builds near the Lizard Peninsula in south Cornwall, and offers beautiful views of the shoreline, which lies just a short walk from its entrance. But, in what could be considered a unique draw for some and a dealbreaker for others, the tiny property clocks in at around 3 feet wide in...

Texting was already available, but now a translation service is offeredThe Dover Police Department is one of the first in the U.S. to use the enhanced 911 service for sharing of photos and videos, and text translation.A real estate agent impersonates a seller and pockets $3 million from fraudulent property sales. A Los Angeles homeowner loses their house to an international identity theft ring. In Florida, during a scheduled video call with the seller, a title company is met with an AI-generated fake.These stories may sound sensational, but the crimes...

How can Nashville area balance low taxes, growth and quality services?The 14-county region in the Nashville area grew by more than 3,000 people a month from 2010 to 2020. This growth brings opportunities and challenges.WochitThe average is the result of the latest four-year reappraisal cycle.This is the second time since 2017 that Nashville has set a record-high increase in property values.From here, Nashvillians will wait for the state to establish the certified tax rate and for the Metro Nashville Council to set the local property tax rate to determine their...

Joshua Fechter and Jasper Scherer, The Texas Tribune  |  Wichita Falls Times Record NewsProperty tax cuts aren’t free. In fact, they’re costing Texas a fortune.The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending plan — to maintain and provide new property tax cuts. That number, more than the state allocates to transportation or higher education, is making even some Republicans nervous about the state’s ability to afford the tax relief if there’s an economic downturn.If it were its...

Landlords tell The i Paper increasing regulations could lead them to selling up in the UK and investing in properties abroad Rent controls could drive landlords out of the UK as they feel the market is becoming “too restrictive” and “unprofitable”, they have warned.The Renters’ Rights Bill (RRB), although not yet finalised, is expected to pass into law by the summer of 2025.Intended to give tenants greater protection, it spells the end of Assured Shorthold Tenancies – the most common type of agreement if you rent to private individuals.Instead, tenancies...

Notre Dame football coach Marcus Freeman on Drayk Bowen's leadershipNotre Dame football coach Marcus Freeman praises the leadership qualites of third-year linebacker Drayk Bowen, the former Indiana Mr. Football at Andrean High School.SOUTH BEND — It hasn’t been that long since Josh Lugg and Tommy Kraemer completed their Notre Dame football careers as starting offensive linemen.Yet they are proving just as effective as budding entrepreneurs in real estate management.South Bend-based Golden Legacy Partners, with Lugg and Kraemer as co-founders, announced Wednesday the strategic acquisition of ESC Property Services, which serves...

Why invest in commercial property?Commercial property is an asset class to consider as a way of spreading, or diversifying, risk in your investment portfolio.You can earn money from a commercial property investment through income from renting to a tenant or capital growth from an increase in the value of the property.Generally, property isn't highly correlated to other assets classes such as cash, fixed income (bonds and gilts) and equities, meaning that property values move independently of other assets and aren't typically affected by what's going on in the stock markets.If...

Ethan Stone  |  ContributorThere are many roads to becoming a landlord. Some get there intentionally by buying a rental property and pursuing their dream of passive income. Others come upon it accidentally by inheriting a property. In the past, landlords typically turned to property management companies to alleviate their burdens, an option that often came with a hefty price tag. Today, however, landlords can leverage TurboTenant to do it themselves with ease and efficiency. “TurboTenant supports do-it-yourself landlords — no matter how many rentals they have — in managing their properties with...