Author: josh

OpenAI may be building up to one of the largest initial public offerings ever, but CEO Sam Altman says he is not necessarily looking forward to helming a public company. “Am I excited to be a public company CEO? 0%,” Altman said in an episode of the “Big Technology Podcast” published on Thursday. “Am I excited for OpenAI to be a public company? In some ways, I am, and in some ways I think it’d be really annoying.” OpenAI is laying the groundwork for an IPO, with a Thursday report from The Wall Street Journal putting early talks of a…

In This Article This article is presented by Rent To Retirement. Most of us get into real estate because we think it’ll be simple. You just have to buy a property, rent it out, and the cash flows. Easy. Then you actually try to buy a property, and suddenly you’re calculating cap rates on your lunch break, comparing insurance quotes late into the night, and explaining to your family why you’re stress-eating cereal at 11 p.m. Buying a rental isn’t hard because the math is hard. That’s actually relatively easy. Buying a rental is hard because nobody shows you the…

Quick answer: Most sellers receive their money within 24–48 hours after closing, though timing can vary depending on:– The type of closing: Wet closings may allow same-day payment, while dry closings can take several business days.– How the seller is paid: Wire transfers are typically faster than cashier’s checks, though bank processing timelines apply.– Recording and banking requirements: Deed recording, cut-off times, weekends, and holidays can all affect when funds are released. Selling a home is a major financial milestone, and one of the first questions sellers ask is when does the seller get money after closing? In most cases,…

Mortgage loan modification is a foreclosure-prevention option that permanently changes the terms of your existing mortgage to make payments more affordable. If you’re a homeowner facing a long-term financial hardship—such as job loss, a medical crisis, or divorce—a modification may help you lower your monthly payment and keep your home. Key takeaways A mortgage loan modification changes your current loan (it’s not a refinance). Lenders usually aim to make payments affordable—often around 31% of gross monthly income. Approval typically includes a 3–4 month trial payment plan before terms become permanent. Requirements and outcomes vary by lender and loan type. What…

The government’s long-delayed November inflation report appeared, at first glance, to deliver welcome news: Consumer prices rose only 2.7% from a year earlier, while core inflation cooled to 2.6%, the lowest reading in years. But for many economists, the numbers immediately raised red flags, especially on housing, the single largest component of inflation. “This is a wacky number,” Diane Swonk, chief economist at KPMG, told Fortune. “Shelter costs basically flatlined October by carrying forward September. When housing is that large a component, that really matters.” The culprit, several economists say, is the extended government shutdown, which disrupted the Bureau of…

In This Article This article is presented by NREIG. Most real estate investors insure their properties based on what they think the home is worth. After all, if the market says your rental is worth $320,000, shouldn’t your insurance policy match that number? Unfortunately, market value and rebuild value have almost nothing to do with each other. One reflects what a buyer might pay. The other reflects what it would cost to reconstruct your property after a total loss. When those numbers don’t match your insurance coverage—and they usually don’t—you’re either exposed to major out-of-pocket costs or wasting money on…

Now that the U.S. has seized a Venezuelan oil tanker and President Donald Trump has declared an oil blockade, the results could “devastate” Venezuela’s struggling economy and put further pressure on President Nicolás Maduro and possible regime change, according to geopolitical and energy analysts. The big question is how far the U.S. will take the sanctioned oil tanker blockade—Trump’s social media announcement was scant on details—and for how long, because it is unlikely Maduro would willingly step down in the near future, said Francisco Monaldi, director of the Latin America Energy Program at Rice University’s Baker Institute for Public Policy.…

The idea of “portable mortgages” — loans that homeowners can transfer from one property to another — is gaining national attention as policymakers consider new tools to ease the country’s housing affordability and mobility challenges. In late 2025, the Federal Housing Finance Agency (FHFA), led by Director Bill Pulte, said it is “actively evaluating” the feasibility and risks of mortgage portability. This proposal was one of three floated to the public in late 2025, alongside 50-year mortgages and crypto-backed mortgages. Portable mortgages are common in Canada but have been virtually nonexistent in the U.S., where mortgages are tied to individual…

In This Article This article is presented by TurboTenant. I started my career as an accountant and lasted about six months before I knew I was not made to sit at a desk all day.  I then took on a more active role as a property manager and was given the task of managing a 40-unit apartment complex. The worst part was that I knew nothing about property management. I was thrown into the office with little guidance—that is, if you consider a stack of boxes left from the last property manager guidance.  There was a drawer full of keys.…

Several months ago, Ford CEO Jim Farley said ending the nearly two-decade-long EV tax credit would halve America’s electric vehicle market. Now, his company is facing its own reality check. Ford said this week it would cease production for the original electric F-150 Lightning, which was once touted as a breakthrough for the industry, and shift some of its existing workforce to producing a hybrid version of the pickup with a gas-powered generator called an EREV‚ or an extended range electric vehicle. The automaker said it would be taking a $19.5 billion charge in 2026 as a result of this…