Property Management News
A new real estate tech company wants to disrupt the current market and become the Uber of apartment rental brokers. Cribitt — already running in New Jersey — is now launching in Midtown West and coming to Brooklyn. Co-founder Stephen Steiner, an experienced real estate investor and manager, says renting an apartment was inefficient in that it typically took a lot of phone calls to coordinate a viewing because of the numerous parties involved. Along with the renter, these parties could include the spouse or partner, roommates, any guarantors — such as parents — plus the broker; and often, Steiner says, the renters were noshows. “I thought I could do it better, and I embarked on... Read more
KNOXVILLE, Tenn. (WVLT) Broken glass, holes in walls and destroyed vanities: that’s what one landlord walked into after his tenants left. “You can see they...
Affordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger every...
In its most recent study, Zillow Group examined the newest generation to enter the housing market – Generation Z. Wait, what? Already? Aren’t they even old enough...
It used to be that renting an apartment in Cambridge’s funky triple-deckers or two-family homes didn’t rival the cost of tuition at one of the city’s...
Some real estate executives in Texas are hoping to get rich quick with homes damaged by Hurricane Harvey. Longtime investor Ray Sasser detailed the strategy at a real estate conference in Houston this month: Buy up to 50 flooded homes for a fraction of what they’re worth, fix them and flip them for a hefty profit, Reuters reported. He said he first tried the strategy after Tropical Storm Allison flooded the city in 2001 — purchasing homes for almost half of their pre-storm value, spending about 15 percent on repairs, and selling many of them at full value a year later. The quick success of the plan was actually surprising to him, according to the outlet. “This can’t be true,”... Read more
Historically, Americans have bought a home by their early 30s, but today’s millennials are playing a waiting game because they’re saddled with so much student loan...
Northern California landlords have settled pet discrimination allegations that they and their agents discriminated against a female tenant with disabilities who requires...
U.S. homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by persistent weakness in the...
In the wake of devastating Hurricanes Harvey and Irma, customer satisfaction among U.S. homeowners and renters’ insurance will be squarely under a microscope the rest...
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