Im obsessed with the pain points of moving, says Eric Wu, Opendoors 34-year-old cofounder and chief executive. There have long been small, often less-than-reputable outfits that buy distressed homes for cash. And Wall Street firms, notably Blackstone, have been opportunistic buyers of residential real estate. Opendoor, however, is making a different bet. Wu believes Opendoor can buy and sell homes, in quantity, by employing the type of data analysis that has powered so many Silicon Valley companies and by targeting the broad middle of the market. It deals in single-family homes built after 1960, priced between $125,000 and $500,000. It has no interest in distressed properties, which require too much work, or in luxury properties, which are harder to value. Of course, buying up houses to make a market is capital-intensive, and the risks are great. Opendoor has raised $110 million in equity from Khosla Ventures, GGV Capital and Access Industries, among others, most recently at a valuation of $580 million earlier this year. And it has also raised more than $400 million in debt to buy the homes. To succeed, it has to ชุด เครื่อง นอน สี พื้น price the homes it buys accurately, without seeing them, and it has to sell them quickly to minimize the costs of carrying them.
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My kids always seemed too young for most of the content available, so we were a Nintendo family. But as the boys reach their tween years, Ive decided its time to jump into the next phase of their gamer development. Right now theres an Xbox One S hidden away in the back of my closet, just waiting for the holidays. Im looking forward to full family gaming at a different level now, especially Star Wars Battlefront and Forza Horizon 3. But most of all, I cant wait for Sea of Thieves. I played the pirate adventure game at E3 and knew instantly that it was prefect for my pre-teen boys. If your kids, like mine, seem to have outgrown Mario Party its time to upgrade. Microsoft XBOX ONE S $299 Photo by XBOX LEGO Organizers and Ideas LEGO is the best toy out there. No doubt about that. And my kids are on their way to becoming master builders. So they need to get organized.
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(Photo: Carolyn Kaster/AP) More President Obama is sending two senior officials to represent the United States at a service on Tuesday for the late Cuban leader Fidel Castro. But dont call it an official delegation, the White House insisted. I can tell you that the president has decided not to send a presidential delegation to attend the memorial service today, Press Secretary Josh Earnest told reporters. I can tell you, however, that Deputy National Security Adviser Ben Rhodes will attend the service, as will the top U.S. diplomat in Cuba, Jeff DeLaurentis. Rhodes was one of the key architects of the secret diplomacy with Cuba that led to the stunning December 2014 announcement that the two Cold War adversaries would renew diplomatic relations and pursue deeper economic ties. Obama nominated DeLaurentis, the top U.S. official at the embassy in Havana, to be ambassador, but Republicans have blocked the nomination. Although ชุดเครื่องนอน jessica Rhodes and DeLaurentis will be representing the United States at the memorial service this evening, Earnest said, Obama has withheld the official delegation designation in a symbolic show of disapproval toward the government in Havana. There are many aspects of the U.S.-Cuba relationship that were characterized by a lot of conflict and turmoil, not just during the Castro regime, but we continue to have some significant concerns about the way the Cuban government currently operates, particularly with regard to protecting the basic human rights of the Cuban people, the spokesman said.
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