Latest news with #realEstate
Yahoo
2 hours ago
- Business
- Yahoo
The Goldilocks Lease–Real Estate Investors Find Profitable Work-Around To Increase Returns Despite Airbnb Bans
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Airbnb (NASDAQ: ABNB) gave birth to a cottage industry of short-term rentals worldwide, and astute real estate investors dove in with both hands. High profits motivated property owners to become short-term rental specialists. Many local governments responded with short-term rental bans, but landlords have devised a new workaround: the mid-term lease. These goldilocks leases are now generating better returns than short-term rentals while simultaneously complying with local regulations. This trend, which is a winner for real estate investors, but still has the potential to leave traditional renters out in the cold, was recently profiled in Business Insider. Property owner Zeona McIntyre discovered the potential of mid-term leases during the COVID pandemic. When the pandemic set in, the chaos caused by stay-at-home orders and travel restrictions led to her losing nearly all her Airbnb bookings. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. 'I was really open to doing whatever I needed to get my properties rented,' she told Business Insider. McIntyre found success on a website called Furnish Finder. The platform focused on offering leases longer than 30 days but less than one year to working professionals. It turned out to be the happy medium between Airbnb and being a traditional long-term landlord. 'I realized there are tons of people looking all the time for longer stays, and longer stays are kind of awesome because people don't need as much from you. They're OK to go buy their own toilet paper and change the batteries because they're living there,' she said. It was a classic case of necessity being the mother of invention, and the mid-term rental business was so good to McIntyre that she converted all of her income properties to the new format. 'My bread-and-butter is these mid-term rentals,' said McIntyre. 'I want a longer tenant in there, and I don't want to have to think about it for three months.' Business Insider says she is not alone in discovering the potential advantages of mid-term rentals. Other landlords are beginning to realize that taking this middle-of-the-road approach offers a host of potential advantages. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. The flexibility aspect of mid-term leases and the fact that tenants tended to be working professionals make life easier for both the landlord and the neighbors of the rental unit. Working professionals are much less likely to throw the kinds of loud parties that renters on a two or three-week holiday might throw. On top of that, mid-term landlords are discovering that they have a lot more leeway to operate without government oversight. According to Business Insider, many short-term rental bans or registration requirements apply to properties offering stays of less than 30 days. Short-term rental registration also often included high fees and tax surcharges. Other cities and local governments limited the number of short-term rentals that could exist in a given area. In most cases, mid-term leases are not subject to these kinds of restrictions. That's why McIntyre told Business Insider she believes that mid-term rentals are the "sweet spot of real estate investing." She went so far as to say she considers them to be 'a whole different vibe from short-term rentals, and way less stressful.' Many short-term rental landlords can attest to the high levels of detail and stress that go hand in hand with the high rents. When you factor that in with the reduced regulatory picture, McIntyre's point becomes even clearer. 'Short-term rentals have been under scrutiny, and the ever-tightening regulations are constantly changing,' she said to Business Insider. 'But there is sort of this magic number that, as soon as a listing is over 30 days, these rentals get classified into a long-term rental bucket, and then you don't have the extra taxes or have to have a short-term rental permit." Keep this in mind if you're a landlord looking to boost your returns without going the short-term leasing route. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Book your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. This article The Goldilocks Lease–Real Estate Investors Find Profitable Work-Around To Increase Returns Despite Airbnb Bans originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Globe and Mail
9 hours ago
- Business
- Globe and Mail
Outsourced Payroll Services Gain Momentum as Real Estate Firms Partner with IBN Technologies for Accuracy and Compliance
Real estate firms are turning to IBN Technologies for outsourced payroll services to manage complex compensation, ensure compliance, and streamline operations. IBN offers tailored solutions—from agent commissions to multistate tax filings—integrated with platforms like QuickBooks and ADP. Their expert support, cloud-based tools, and 100% accuracy help firms reduce costs, improve efficiency, and focus on growth. Miami, Florida - 27 June, 2025 - The transition is being led by real estate companies, since many are moving away from in-house processing due to complicated compensation structures, multistate operations, and stringent regulatory requirements. To manage tax filings, automate payments, and minimize errors, real estate companies that oversee agents, contractors, and salaried employees go to specialist suppliers for outsourced payroll services. This leads to increased productivity, reduced expenses, and more time for real estate development and sales. In the sector, outsourcing is increasingly being seen as a wise, calculated decision as laws tighten. This increasing use of outsource payroll services is indicative of a larger movement in the real estate industry toward risk mitigation and operational simplicity. Businesses may maintain compliance without growing their internal staff by using integrated solutions from businesses like IBN Technologies that manage everything from contractor classifications to commission calculations. Payroll outsourcing is proving to be more than just a convenience as the sector adjusts to shifting labor regulations and market conditions; it is also becoming a competitive advantage. Ready to simplify your real estate payroll operations? Get a Free Consultation Today: Key Financial Challenges in Real Estate and How to Manage Them Businesses in the real estate industry deal with financial challenges that are needed for careful management and supervision. Every element needs precision and control, from managing complex transactions to keeping an eye on project profitability. Long-term growth and financial stability depend on excellent debt management, transparent rental revenue and spending tracking, and efficient cash flow management. Businesses may maintain their competitiveness and make wise judgments in a changing market by addressing these issues with organized financial procedures. • Manage complex real estate transactions with precise accounting • Ensure smooth cash flow and effective debt handling • Track profitability across individual projects • Maintain clear records of rental income and expenses • Support financial transparency for better decision-making With the right support, real estate firms can simplify finances and boost control. Companies like IBN Technologies help manage transactions, cash flow, and project profits accurately. This leads to smarter decisions and stronger growth. Partnering with Payroll Outsourcing Experts for Real Estate IBN Technologies provides customized payroll outsourcing solutions made to satisfy the unique requirements of the real estate industry. They provide everything from precise year-end reporting to commission-based compensation plans and direct deposit processing. These solutions, which are designed for accuracy and adaptability, assist real estate companies in managing small business payroll processing expenses while guaranteeing seamless operations across several projects and property locations. • Accurate payroll handling for agents, contractors, and staff ensures error-free transactions • Responsive support during business hours to address payroll questions quickly • Full year-end reporting for 1099s, W-2s, and compliance requirements • Up to date with labor and tax regulations to support multi-state operations • Timely payroll processing maintains workforce trust and project continuity IBN Technologies leverages secure cloud-based solutions that are linked with industry-leading payroll systems like QuickBooks Payroll, ADP, and Gusto to optimize payroll processes. Their methodology ensures precise computations, timely tax assistance, and superior data protection. IBN provides a scalable solution that meets the changing demands of the real estate sector with features including automated compliance updates, real-time payroll monitoring, and smooth connection with accounting and property management systems. Ensuring Payroll Compliance in Real Estate IBN Technologies provides complete payroll support customized to real estate firms, ensuring accuracy and compliance at every step. From agent commissions and contractor payments to multi-state payroll tax filings, their services are built for industry-specific challenges. • 100% accuracy ensures reliable payouts across multiple roles and properties • 24/5 expert support to resolve payroll issues promptly • Compliance with evolving labor laws and tax codes reduces legal risk • Timely payroll delivery supports staff satisfaction and project timelines. Proven Results with Expert Payroll Solutions in Real Estate As payroll complexities rise across the U.S., real estate firms are increasingly turning to specialized providers to manage workforce payments accurately and efficiently. With evolving tax regulations, diverse compensation models, and multi-location operations, the need for expert payroll support has become vital to maintaining compliance and business continuity. • Over 65% of real estate companies now outsource payroll to streamline onboarding, with IBN Technologies enabling seamless system setups and integration with property and accounting platforms. • Firms report a 92% improvement in payroll accuracy and a significant reduction in late payments, enhancing compliance, operational efficiency, and employee satisfaction. Future-Ready Payroll Strategies for Real Estate Payroll for startups and growing real estate firms must be scalable, agile, and compliant to meet market demands. Considering growing regulatory requirements, workforce diversity, and technology-driven operations, businesses need to implement systems that support long-term growth in addition to addressing present issues. Payroll outsourcing to seasoned companies like IBN Technologies guarantees that real estate companies can swiftly adjust, optimize their workflows, and keep control without having to deal with internal complexity. These solutions equip businesses for a more competitive and dynamic future by combining real-time data, automatic compliance, and seamless system integration. A strategic change in the way real estate companies handle their financial operations is shown by the increasing dependence on outsourced payroll. It's about laying the groundwork for more intelligent, forward-thinking company management, not just about outsourcing a duty. Real estate companies can concentrate on expansion, property development, and long-term success when they work with a reliable partner like IBN Technologies, one of the best payroll company for small business, which gives them the flexibility, precision, and compliance they need to stay ahead in a changing market. Bookkeeping Services: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Yahoo
18 hours ago
- Business
- Yahoo
Home sales jump by a quarter month on month in May following April slump
The number of home sales picked up by a quarter month on month in May following a plunge in April as a stamp duty holiday ended, according to HM Revenue and Customs (HMRC) figures. Across the UK, around 81,470 home sales were recorded provisionally in May, which was 25% higher than April but a 12% fall compared with May 2024. Stamp duty discounts became less generous for some homebuyers from April, with people rushing to complete deals before the deadline. Stamp duty applies in England and Northern Ireland. HMRC's report said: 'The increase in transactions for May follows decreased transactions for April, which were likely brought forward into March to take advantage of the higher thresholds.' Tom Bill, head of UK residential research at Knight Frank, said: 'Housing transactions are still clambering back to normal levels after the stamp duty cliff-edge earlier this year.' He added: 'One thing slowing down the process is the vast quantity of stock on the market, which means asking prices need to be kept realistic to trigger activity. 'At this halfway point in the year, the tariff and stamp duty chaos are largely behind us, but tax rise speculation ahead of the Budget could see some buyer hesitation creep back in.' Nick Leeming, chairman of Jackson-Stops, said: 'In the current market, it's essential for sellers to remember there is always demand for a sensibly-priced property.' Nathan Emerson, chief executive officer of property professionals' body Propertymark, said: 'We have seen positivity regarding the number of properties coming to the market.' Richard Donnell, executive director at Zoopla, said data from the website indicates that 'new sales are being agreed at the fastest rate for four years, as more homes for sale means more buyers in the market, with the stamp duty changes in the distant past in the minds of home buyers'. He said: 'The market remains on track for 1.15 million sales in 2025, up 5% on 2024 levels as more households move home.' Amy Reynolds, head of sales at London-based estate agent Antony Roberts, said: 'The spring/summer market is traditionally a time when people prefer to move and this is being reflected in transaction numbers. 'There's plenty of desire to buy in the core price ranges and we're also seeing a rise in first-time buyer activity, even though the stamp duty holiday has ended. 'Many are receiving help from family and being driven by pressures in the rental market, where demand far exceeds supply and rental listings have dropped sharply.' Mark Harris, chief executive of mortgage broker SPF Private Clients, said: 'Transaction numbers have risen again as (Bank of England) base rate reductions encourage activity and enable borrowers to plan ahead with more confidence. 'We expect interest rates to fall further from their current level although the pace and size of cuts may be more gradual than the markets thought only a few weeks ago as a result of higher inflation and the wider economic picture. 'In the meantime, lenders continue to trim their mortgage rates as swap rates fall. Easing of criteria should also enable borrowers take on bigger mortgages in coming months.' Several mortgage lenders have recently announced changes to their affordability criteria, enabling some borrowers to take out bigger loans. This follows clarification from the Financial Conduct Authority (FCA), which also launched a discussion paper this week inviting debate on the future of the mortgage market to help support borrowers. Tony Hall, head of business development at Saffron for Intermediaries, said: 'Looking ahead, there are reasons to remain optimistic. 'With summer demand building and more homes coming to market, conditions are gradually shifting in buyers' favour as we move into the second half of the year.' Kevin Roberts, managing director of L&G's mortgage services business, said: 'Today's figures are encouraging for the industry, especially after the flurry of activity we saw in March to beat the stamp duty changes deadline.' Iain McKenzie, chief executive of the Guild of Property Professionals, said: 'The rush to complete in March created an artificial lull, but we are now seeing the return of genuine, underlying demand.' He continued: 'The recent (Bank of England base rate) cut to 4.25% has provided a welcome boost to buyer affordability. 'However, the most significant catalyst is the relaxation of affordability criteria from lenders. By enabling buyers to borrow more and stress-testing against more realistic rates, lenders have unlocked a new wave of purchasing power, playing a crucial role in driving these transactions forward.' He added: 'Buyers now have more choice than they've had for years, which is helping to keep price growth sustainable.'
The Independent
18 hours ago
- Business
- The Independent
Home sales jump by a quarter month on month in May following April slump
The number of home sales picked up by a quarter month on month in May following a plunge in April as a stamp duty holiday ended, according to HM Revenue and Customs (HMRC) figures. Across the UK, around 81,470 home sales were recorded provisionally in May, which was 25% higher than April but a 12% fall compared with May 2024. Stamp duty discounts became less generous for some homebuyers from April, with people rushing to complete deals before the deadline. Stamp duty applies in England and Northern Ireland. HMRC's report said: 'The increase in transactions for May follows decreased transactions for April, which were likely brought forward into March to take advantage of the higher thresholds.' Tom Bill, head of UK residential research at Knight Frank, said: 'Housing transactions are still clambering back to normal levels after the stamp duty cliff-edge earlier this year.' He added: 'One thing slowing down the process is the vast quantity of stock on the market, which means asking prices need to be kept realistic to trigger activity. 'At this halfway point in the year, the tariff and stamp duty chaos are largely behind us, but tax rise speculation ahead of the Budget could see some buyer hesitation creep back in.' Nick Leeming, chairman of Jackson-Stops, said: 'In the current market, it's essential for sellers to remember there is always demand for a sensibly-priced property.' Nathan Emerson, chief executive officer of property professionals' body Propertymark, said: 'We have seen positivity regarding the number of properties coming to the market.' Richard Donnell, executive director at Zoopla, said data from the website indicates that 'new sales are being agreed at the fastest rate for four years, as more homes for sale means more buyers in the market, with the stamp duty changes in the distant past in the minds of home buyers'. He said: 'The market remains on track for 1.15 million sales in 2025, up 5% on 2024 levels as more households move home.' Amy Reynolds, head of sales at London-based estate agent Antony Roberts, said: 'The spring/summer market is traditionally a time when people prefer to move and this is being reflected in transaction numbers. 'There's plenty of desire to buy in the core price ranges and we're also seeing a rise in first-time buyer activity, even though the stamp duty holiday has ended. 'Many are receiving help from family and being driven by pressures in the rental market, where demand far exceeds supply and rental listings have dropped sharply.' Mark Harris, chief executive of mortgage broker SPF Private Clients, said: 'Transaction numbers have risen again as (Bank of England) base rate reductions encourage activity and enable borrowers to plan ahead with more confidence. 'We expect interest rates to fall further from their current level although the pace and size of cuts may be more gradual than the markets thought only a few weeks ago as a result of higher inflation and the wider economic picture. 'In the meantime, lenders continue to trim their mortgage rates as swap rates fall. Easing of criteria should also enable borrowers take on bigger mortgages in coming months.' Several mortgage lenders have recently announced changes to their affordability criteria, enabling some borrowers to take out bigger loans. This follows clarification from the Financial Conduct Authority (FCA), which also launched a discussion paper this week inviting debate on the future of the mortgage market to help support borrowers. Tony Hall, head of business development at Saffron for Intermediaries, said: 'Looking ahead, there are reasons to remain optimistic. 'With summer demand building and more homes coming to market, conditions are gradually shifting in buyers' favour as we move into the second half of the year.' Kevin Roberts, managing director of L&G's mortgage services business, said: 'Today's figures are encouraging for the industry, especially after the flurry of activity we saw in March to beat the stamp duty changes deadline.'
Zawya
a day ago
- Business
- Zawya
Amirah breaks ground on its debut project at Dubai Islands
UAE-based Amirah Developments yesterday (June 25) officially broke ground on its inaugural project, Bonds Avenue Residences, at the Dubai Islands – the new waterfront destination close to the emirate's historic downtown Deira district and the Gold Souq. Nestled in the heart of Dubai Islands, one of Dubai's most transformative master-planned coastal destinations, Bonds Avenue Residences sets a new standard for premium waterfront living. Bonds Avenue Residences will feature a curated mix of one-, two-, and three-bedroom apartments, along with three-bedroom townhouses and triplexes, and opulent four-bedroom penthouses. Unit sizes range from 810 sq ft to 4,416 sq ft, with starting prices from AED1.63 million to AED9.95 million, ensuring diverse options for both investors and end-users. Designed to maximise space and natural light, the residences showcase corner less, flowing layouts that break free from conventional design constraints. Panoramic windows offer uninterrupted views of the Arabian Gulf's turquoise waters and Dubai's iconic skyline, enhancing everyday living with breath-taking vistas, said the developer. The development combines striking architectural forms with functional, spacious interiors, offering residents a seamless blend of luxury, comfort, and connectivity, it stated. This ground-breaking marks the commencement of the construction of the project, just a month after its launch. It was attended by senior management, founding members, strategic partners and key stakeholders including project consultants and the main contractor. The event signifies the company's unwavering commitment to shaping Dubai's evolving urban fabric with timeless design and sustainable, community-centric living. Speaking on the occasion, Founder and Chairman Muhammad Yousuf Jafrani said: "Bonds Avenue Residences is more than just a development; it is a living testament to our promise of delivering sophistication, innovation, and enduring value. Today, we take the first step toward creating an address that will redefine coastal living for generations to come." Residents will enjoy exclusive access to a wealth of world-class amenities, including infinity pools, tranquil wellness zones, dedicated yoga decks, landscaped gardens, padel courts, and children's play areas, stated Jafrani. The design philosophy places community well-being at the forefront, fostering an environment where families and individuals can thrive, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
