Property Management News
Contributed by: PropertyAdvantage Becoming a real estate investor is easy — if you believe HGTV. All you need to do is find a property with a little disrepair, add some elbow grease, and you’ll be rich from the extra income. Unfortunately for us, cable television isn’t always accurate. Many of the U.S.’s hottest housing markets have fully recovered from the housing market crash a decade ago, with prices reaching or surpassing 2007 levels. In Orange County, for example, homes sold for a median of $590,000 this summer; in Denver County, which surrounds Denver, Colo., the median price approached $320,000. Rising prices can make real estate a winning investment. But with so much... Read more
There are a bunch of ways to add value to your multifamily deal, such as upgrading kitchens and baths, which will yield a higher rent from prospective tenants. You can...
A sale-leaseback allows a buyer to rent the property back to the sellers, letting them stay in the home for a predetermined amount of time after the closing. This...
Government-backed mortgage services Fannie Mae says that lenders are easing their standards for consumers to qualify for a mortgage. The finding is one of the highlights...
Freddie Mac has made some changes to the way in which lenders must handle rental income. The changes are primarily aimed at determining the stability of that income,...
Housing finance reform may be making its long-awaited comeback on Capitol Hill. In recent weeks, the Senate Banking Committee has held a series of hearings on the subject, three years after the committee‘s initial attempt at crafting legislation. The Trump Administration insists reform legislation is one of its top priorities. The fact that Fannie Mae and Freddie Mac will each have zero capital come Jan. 1, 2018, should also help focus the minds of those on Capitol Hill. With momentum for reform slowly building, lawmakers should consider three critical points: First, the demographic make-up of America is rapidly changing, with important implications for the type of housing... Read more
For years, you’ve been diligently paying off your personal debt. You’ve finally got a healthy savings account. You’re funding your 401(k). Everything is going...
Rising interest rates are one of the real estate market’s soft spots. The increase of the Federal interest rate led to numerous forecasts, many of which report the...
One of the most nerve-wracking aspects of purchasing a home is the mortgage application and approval process. Regardless of your financial history, waiting for the OK...
Members of the armed forces don’t shrink from a challenge. Which may explain why more of them own rental properties. Nine percent of U.S. homeowners have...
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