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Top Guaranteed Rate LO Shant Banosian joins board of Healing Realty Trust

Housing Wire

Aiming to take the company public next year, Healing Realty Trust will tap into Banosian’s network of big banks as well as investors to grow its portfolio. So we’ll look for him to leverage his relationships into access to investors. Shant has an incredible network. We have a $25 million open series A funding round right now.

Realty 332
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Thank you, (your name) (your phone number) Click to copy to clipboard The tenant or renter letter Audience: Renters Format: Typed letter in an envelope, handwritten address Educating renters about the benefits of homeownership and busting myths is a proven strategy for converting tenants into buyers.

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HUD, White House announce new initiatives designed to boost housing supply

Housing Wire

The new policies are designed to provide “an ongoing source of capital so that state and local housing finance agencies (HFAs) can continue to offer FHA insured multifamily loans at reduced interest rates to create and preserve high-quality, affordable rental homes,” according to the White House.

Design 418
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DataDigest: Office debt is stressing banks. That matters for mortgages.

Housing Wire

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. By the end of Feb.

Mortgage 383
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Even better?

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What Is Rent Guarantee Insurance—Do Investors Need It?

BiggerPockets

Rental properties are a fantastic source of income as long as your tenants pay rent. Unfortunately, even the strictest tenant screenings are imperfect, and even the most responsible renters can […]

Tenants 54
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Knox Financial announces $10 million in Series A funding

Housing Wire

Other investors included Greycroft, Pillar VC, 2LVC, and Gaingels. Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. That’s $14.7 million of total funding to-date for Knox.

Landlords 377