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Zillow to list housing discrimination protections

Housing Wire

of rental listings in the country are located in areas that offer tenants protection against source of income or voucher discrimination. The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 457
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How should appraisers approach short-term rentals?

DataMaster

Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Qualifying for a conventional mortgage on one of these properties is a challenge and without a tenant in place or proof of income, most lenders won’t even consider financing the investment property.

Appraisal 148
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. Source: The Dictionary of Real Estate Appraisal, Sixth Edition, Appraisal Institute, Chicago, Illinois, 2015).

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Fee Simple Estate vs. Leased Fee Estate

Dart Appraisal

In the development and analysis for the Income Approach to Value, an appraiser may find that the lease terms align with current market conditions. In that case, a leasehold estate exists in which the tenant holds a positive leasehold or a negative leasehold position. Chicago: Appraisal Institute, 2015).

Tenants 67
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How should appraisers approach short-term rentals?

DataMaster

Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Qualifying for a conventional mortgage on one of these properties is a challenge and without a tenant in place or proof of income, most lenders won’t even consider financing the investment property.

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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

These include how to improve the curb appeal of your property, advertise your listing, find quality tenants, create a solid lease agreement, price your rental spaces for lease, properly managing finances, deal with difficult tenants, efficiently upkeep your rental property, and create a streamlined process.