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Flipping
Flipping is a term used to describe purchasing a revenue-generating asset and quickly reselling (or "flipping") it for profit. Within the real estate industry, the term is used by investors to describe the process of buying, rehabbing, and selling properties for profit. In 2017, 207,088 houses or condos were flipped in the US, an 11-year high. In the United Kingdom, "flipping" is used to describe a technique whereby Members of Parliament were found to be switching their second home between several houses, which had the effect of allowing them to maximize their taxpayer funded allowances. Types Wholesaling and assigning a contract Wholesalers make a profit by signing a contract to purchase a property from a seller and then entering into an agreement with a third party to sell their role of buyer in the contract to an end buyer. All rights to the original purchase contract are assigned to the new buyer and the new buyer pays an "assignment fee" to the wholesaler in order to gai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flip This House
''Flip This House'' is an American television series that aired on the A&E and Bio television networks from 2005 to 2009. Each episode spotlighted the purchase and renovation of a single unit. All episodes included listing the price of the purchase, the cost of renovation, and the market value (including potential profit) of the " flipped" property. Series overview Season one (2005-2006) In season one, the series followed the activities surrounding the Charleston, South Carolina-based Trademark Properties, founded by Richard C. Davis. ;Charleston Team *Richard C. Davis – Founder and head of the company. *Ginger Alexander – Davis' right-hand associate who assists with the flipping of houses *Dawn Nosal – Project coordinator *Kevin Molony – Head of construction during the flipping process *Vance Sudano – One of the real estate brokers who sells the finished houses Due to a contractual disagreement Trademark decided not to return for season two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a perso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Florida Land Boom Of The 1920s
The Florida land boom of the 1920s was Florida's first real estate bubble. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. The land boom left behind entirely new, planned developments incorporated into towns and cities. Major investors and speculators such as Carl G. Fisher also left behind a new history of racially deed restricted properties that segregated cities for decades. Among those cities at the center of this bubble were Miami Beach, Coral Gables, Hialeah, Miami Springs, Opa-locka, Miami Shores, and Hollywood. It also left behind the remains of failed development projects such as Aladdin City in south Miami-Dade County, Fulford-by-the-Sea in what is now North Miami Beach, Miami's Isola di Lolando in north Biscayne Bay, Boca Raton, as it had originally been planned, Okeelanta in western Palm Beach County, and Palm Beach Ocean just north of the Town of Palm Beach. The land boom shaped Florid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disclosure Of Expenses Of Members Of The United Kingdom Parliament
The United Kingdom parliamentary expenses scandal was a major political scandal that emerged in 2009, concerning expenses claims made by members of the British Parliament in both the House of Commons and the House of Lords over the previous years. The disclosure of widespread misuse of allowances and expenses permitted to Members of Parliament (MPs) aroused widespread anger among the UK public and resulted in a large number of resignations, sackings, de-selections and retirement announcements together with public apologies and the repayment of expenses. Several members or former members of both the House of Commons, and members of the House of Lords, were prosecuted and sentenced to terms of imprisonment. A February 2008 Freedom of Information Act request for the release of details of MPs' expenses claims was allowed by an Information Tribunal but challenged by the House of Commons Authorities on the grounds that it was "unlawfully intrusive". In May 2008 the High Court (Englan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Industry
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from '' Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin (abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Rus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Total Cost Of Ownership
Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs. For manufacturing, as TCO is typically compared with doing business overseas, it goes beyond the initial manufacturing cycle time and cost to make parts. TCO includes a variety of cost of doing business items, for example, ship and re-ship, and opportunity costs, while it also considers incentives developed for an alternative approach. Incentives and other variables include tax credits, common language, expedited delivery, and customer-oriented supplier visits. Use of concept TCO, when incorporated in any financial benefit analysis, provides a cost basis for determining the total economic value of an investment. Examples include: return on investment, internal rate of return, economic value ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Tax
A property tax or millage rate is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or net wealth, taxes on the change of ownership of property through inheritance or gift and taxes on financial and capital transactions" (see: ), but this article only covers taxes on realty. The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or geographical region or a municipality. Multiple jurisdictions may tax the same property. Often a property tax is levied on real estate. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. This tax can be contrasted to a rent tax, which is based on rental income or imputed rent, and a land value tax, which is a levy on the value of land, excluding the value of buildings and other improvements. Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broken Windows
Broken may refer to: Literature * ''Broken'' (Armstrong novel), a 2006 novel by Kelley Armstrong in the ''Women of the Otherworld'' series * ''Broken'' (Slaughter novel), a 2010 novel by Karin Slaughter Music Albums * ''Broken (And Other Rogue States)'', a 2005 album by Luke Doucet * ''Broken'' (MBLAQ EP) (2014) * ''Broken'' (Nine Inch Nails EP), (1992) * ''Broken'' (Soulsavers album) (2009) * ''Broken'' (Straight Faced album) (1996) Songs * "Broken" (Jake Bugg song) (2013) * "Broken" (Sam Clark song) (2009) * "Broken" (Coldplay song) (2019) * "Broken" (Elisa song) (2003) * "Broken" (Lifehouse song) (2008) * "Broken" (lovelytheband song) (2017) * "Broken" (Kate Ryan song) (2011) * "Broken" (Seether song) (2004) * "Broken" (Slander and Kompany song) (2019) * "Broken", by 12 Stones from ''12 Stones'' * "Broken", by All That Remains from ''Victim of the New Disease'' * "Broken", by David Archuleta from '' Begin'' * "Broken", by Bad Religion from ''The Proce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Population Shift
Population typically refers to the number of people in a single area, whether it be a city or town, region, country, continent, or the world. Governments typically quantify the size of the resident population within their jurisdiction using a census, a process of collecting, analysing, compiling, and publishing data regarding a population. Perspectives of various disciplines Social sciences In sociology and population geography, population refers to a group of human beings with some predefined criterion in common, such as location, race, ethnicity, nationality, or religion. Demography is a social science which entails the statistical study of populations. Ecology In ecology, a population is a group of organisms of the same species who inhabit the same particular geographical area and are capable of interbreeding. The area of a sexual population is the area where inter-breeding is possible between any pair within the area and more probable than cross-breeding with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gentrification
Gentrification is the process of changing the character of a neighborhood through the influx of more affluent residents and businesses. It is a common and controversial topic in urban politics and planning. Gentrification often increases the economic value of a neighborhood, but the resulting demographic displacement may itself become a major social issue. Gentrification often sees a shift in a neighborhood's racial or ethnic composition and average household income as housing and businesses become more expensive and resources that had not been previously accessible are extended and improved. The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods. Further steps are increased investments in a community and the related infrastructure by real estate development businesses, local government, or community activists and resulting economic development, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A&E Network
A&E is an American basic cable network, the flagship television property of A&E Networks. The network was originally founded in 1984 as the Arts & Entertainment Network, initially focusing on fine arts, documentaries, dramas, and educational entertainment. Today, the network deals primarily in non-fiction programming, including reality docusoaps, true crime, documentaries, and miniseries. As of July 2015, A&E is available to approximately 95,968,000 pay television households (82.4% of households with television) in the United States. The American version of the channel is being distributed in Canada while international versions were launched for Australia, Latin America, and Europe. History Launch A&E launched on February 1, 1984, initially available to 9.3 million cable television homes in the U.S. and Canada. The network is a result of the 1984 merger of Hearst/ ABC's Alpha Repertory Television Service (ARTS) and (pre–General Electric merger) RCA-owned The Entertainme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
