Atlanta native Frank Furman bravely served in the US Marine Corps and has a background in engineering. He had done some real estate investing with his brother-in-law, but it is here today on the Casandra Properties real estate podcast speaking with CEO, Host and published author James Prendamano about PadSplit, wherein Frank serves as COO and a founding member. His brother-in-law Atticus (named after the beloved noble attorney in To Kill a Mockingbird) started PadSplit four years ago. In the same vein of doing good things for the community, PadSplit provides affordable housing for the workforce, as well as higher returns for investors, which makes everyone happy.

Overview of the Model

PadSplit was founded four years ago in Atlanta and is now…

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Early Investing

For as long as he could remember, Daniel Borrero always wanted to be wealthy, and how he was going to get there was his main objective. When he graduated from college, he went back to his old neighborhood in Brooklyn where he felt comfortable and opened up a video store. The year was 1985, and the store was situated right across the street from where he grew up – in his father’s bodega in Fort Greene, Brooklyn. As many people may know, Fort Greene today is not the same Fort Greene in 1985 – by any stretch of the imagination. His family members thought he was nuts, but within four years he had saved enough money to purchase his first property, a pre-war two-family home in Brooklyn for $72,000 dollars. Today it’s worth about $2.6…

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CEO, Podcast Host and Published Author James Prendamano sits down with Lennon Lee and Stony Stonebraker, two investors with engineering backgrounds, generations apart, who discuss their system to make money through passively investing in real estate. They both met each other at a real estate networking event and quickly realized they shared the same common goal: achieving financial freedom for their families through commercial real estate.

Stony’s Story

Stony received his electrical engineering degree from Georgia Tech. While there, he says, he built an electric car, which he drove from Boston to St. Louis. Impressively, he also had the opportunity to work on the instrumentation unit of the Saturn V rocket during the Apollo program. Following…

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As we all know, social media has been a game changer in both our personal lives and throughout most industries for quite some time, namely the real estate industry. Casandra Properties has always been an innovator in terms of technology in the real estate industry, and our CEO, published author, and podcast host James Prendamano weighed in on Forbes’ panel of experts, explaining how to effectively use social media to reach more clients. James Prendamano’s response landed the number one spot in the published piece, which highlighted answers from 15 real estate professionals across the country.

 

Forbes asked professional real estate brokers how they can use short-form video on social media like Instagram reels and Tik Tok to reach more clients.

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The digital nomad lifestyle has changed the business landscape so much that society is still looking for ways to handle it properly. What were once skyscrapers filled with suited-up engineers, bureaucrats, and the like, are now free-roaming, laptop-carrying, staying-at-home workers. This dramatic change has brought much happiness to many, but the question of how to properly manage such a work style is still not entirely answered.


Working Remotely

What Caused It

Even before the Corona crisis, a lot of companies were starting to allow their employees to either work from home or to become freelancers in their service. This has led to a sharp rise in people deciding on a more comfortable environment to work, and thus remote work became a thing. 


Of course,…

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The buying or selling process can be a daunting task for most people. It’s not an easy decision to make, and it’s even harder when you don't have a lot of knowledge about the buying or selling process. That is why you should be equipped with some hacks that will help lower your stress levels and make buying or selling a house easier!

Calculate your mortgage rates

First of all, you must know your mortgage rates. Mortgage rates are the interest rate you pay for buying or selling a house, and they fluctuate based on national economic conditions. You should always calculate what your mortgage will be before buying or selling property so that you know how much money to save up in advance.

 

Calculate Mortgage Rates

How do you calculate my mortgage payment? To calculate…

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Late last week, The Supreme Court temporarily blocked part of an eviction moratorium in New York allowing tenants to self-certify that they have experienced financial hardship as a result of job/income loss or increased expenses due to the Coronavirus pandemic – rather than providing proof to avoid eviction. In the unsigned order, the majority wrote that the New York policy “appeared to violate landlords' right to due process because it allows a tenant's declaration of hardship to deny them legal recourse.” This order will remain in effect and is expected to allow some evictions to resume once the Moratorium has expired at the end of August 2021.

 

Scotus Blocks Eviction Moratorium NYC

 

Of course, this is a small win for New York landlords – for a change, who really have been…

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Perhaps you are fortunate enough to reside in one of Todt Hill’s most exquisite homes, or maybe you simply marvel at its many beauteous properties from afar. It goes without saying, Todt Hill is the most famous of Staten Island’s hills and features some of the borough’s most opulent and highly-coveted homes.

Staten Island’s Todt Hill was formed from a 401-foot-tall hill of serpentine rock. In fact, not only is Todt Hill the highest natural point throughout the five boroughs of New York City, it is also the highest elevation on the entire Atlantic coastal plain – from Florida to Cape Cod. The name “Todt” comes from the German word for "dead.” While that’s typically not something appealing regarding the origins of a neighborhood, it is believed to have…

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Are you one of the 28 million Americans planning to buy a home in the next year? While buying a home is exciting, it's often a confusing process with many different players and parts.

For example, do you know what a trustee is? And what exactly is a deed of trust? You've come to the right place for help clearing it all up.

Keep reading to learn more about the role of a trustee during a real estate property purchase so you feel more prepared before buying your home.

Mortgage document

What Is a Deed of Trust?

In the simplest terms, a deed of trust is an agreement between a lender and a home buyer. It states that the buyer agrees to repay the loan and that until the loan is paid off, the legal title for the property belongs to the lender.

A deed of trust…

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Walking the aisles of the hardware store, are you overwhelmed with the different styles and sizes of fasteners? Do-it-yourself projects are great, but before you bust out the tools, you need to understand the hardware. 

This guide is going to examine the different types of construction screws that exist. Most projects will require some type of screw to complete. As such, it's a good place to start. 

Keep reading to discover the various construction screws and how they work. In no time, you'll be ready to take on the job. 

Construction Screws

Drywall Screw

As the name suggests, drywall screws are intended for securing sheets of drywall. These are specific screws, but if you are doing any sort of drywall work, they are a must-have. 

Drywall screws have a…

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