article thumbnail

Investors turn their eyes to affordable housing opportunities

Housing Wire

For instance, it’s possible that housing tax credits and other supports for affordable housing could be sacrificed or functionally negated by property tax increases. Entering the fourth quarter of a chaotic year, consumers appeared to be managing their finances with common sense, as much as they could.

Investors 416
article thumbnail

How to Find the Best Neighborhood for Your Lifestyle and Budget

Lamacchia Realty

Assessing your finances is a pragmatic step in the process. Consider not just the rent or mortgage but also utilities, property taxes, maintenance costs, and, if applicable, HOA/condo fees. Property taxes can also vary significantly between neighborhoods, so be diligent and research these rates.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pros and cons of buying out-of-state rental property in 2022

Housing Wire

Not everyone can afford to invest in rental property in the area they live in. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on your goal to add real estate investments to your portfolio. You want to invest in an area with a higher demand for rental properties.

article thumbnail

Inclusive ‘Living Conditions’ Study Ranks Fla. No. 6

Empire Appraisal Group

To help answer that question, a personal-finance website, WalletHub, released a comprehensive report on 2023’s Best States to Live In. Shelton Weeks, professor and director of the Lucas Institute for Real Estate Development & Finance, Florida Gulf Coast University. “In points) Median annual property taxes: double weight (~4.44

article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

Mortgage financing and refinancing. Reviewing / appealing property tax assessment. Property division in separation / divorce. To determine capital gains on second or rental properties. Local amenities – how close is the home to hospitals, schools, shops and public transport corridors? Estate settlements.

Appraisal 105
article thumbnail

How to Buy a Rental Property: Get Tips from the Experts

PennyMac

If so, you are probably intrigued by the prospect of investing in rental property. Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. Here are some tips from real estate experts on how to buy a rental property that’s right for you. Property taxes.

article thumbnail

Medical Professionals Moving Guide: Healthcare Relocation Resources

Raleigh Realty

This not only includes differences in housing pricing, but also food, income taxes, property taxes, and the like. Finances - Any time you are thinking of buying a home or relocating, it goes without saying that one of the most important components that need to be considered are your finances.

Logistics 146