United States Real Estate Investor News - May 10, 2021

United States Real Estate Investor

Apple Spends $1 Billion Dollars
https://www.cnbc.com/2021/04/26/apple-announces-1-billion-north-carolina-campus.html?&qsearchterm=apple%201%20billion
Apple has plans to spend upwards of one billion dollars to build a new Raleigh, North Carolina campus that will employ 3,000 people.
President Biden goes after real estate investors
https://www.cnbc.com/video/2021/05/04/how-bidens-plan-to-tax-real-estate-investors-could-affect-the-industry.html
President Biden seeks to potentially raise taxes on real estate investment moves. As home prices increase steadily, mostly due to current all-time inventory lows, the hike has currently caused the most concern to the real estate investing community...
Grant Cardone Tramples Lawsuit
https://therealdeal.com/miami/2021/05/04/grant-cardone-crushes-lawsuit-accusing-him-of-misleading-real-estate-investors
Despite the utilization of the prosecution’s display of Cardone’s occasionally considered brash approach to teaching sales, financial education, and real estate investing on social media, U..S. District Judge John F. Walter dismissed a lawsuit filed by dissatisfied investor Luis Pino in Los Angeles against the real estate crowdfunding guru and his Aventura-based company Cardone Capital.
Rehabbers Face Stiff Unordinary Competition
https://finance.yahoo.com/news/fix-flippers-face-stiffer-competition-144345285.html
Rehabbers are currently facing out of the ordinary circumstances. As the US residential markets tighten further, the average, traditional home buyer seems to be making it more difficult for real estate investors to acquire properties for fix and flip.
AI Is Impacting The Real Estate Industry
https://theamericangenius.com/housing/big-data/5-major-ways-ai-is-shifting-real-estate-scene-and-how-to-utilize-it/
With sales, leasing, marketing, and property management, coupled with big data, AI is proving to be a powerful tool to assist the real estate industry in many positive ways.

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