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New software released for experienced landlords, property managers

Valuation Review

Rentec Direct, a property management software solution, released its redesigned software platform for landlords and property managers. The company said the updated software features streamlined, modern design improvements that enhance overall user experience and promote a seamless workflow for real estate professionals.

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Functional Obsolescence for Appraisers

Appraisal Today

Functional obsolescence may or may not be caused by trends in buyer or market preferences, outdated design, or even advances in technology. A home with radiator heat and window unit air conditioning may be seen as functionally obsolete, and thus less valuable, as more modern homes have forced air furnaces and central air conditioning.

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Investor + Flippers Guide to FHA Flipping Guidelines

Listing Spark

These loans, insured by the Federal Housing Administration (FHA) and designed to help homebuyers with low credit scores and low down payment savings, are generally off the table for anything besides a primary residence. With small multi-family homes, you can even sell a couple of the doors and keep a few to experiment with the landlord role.

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17 Popular Types of Homes In Real Estate

PennyMac

These units are rented out, so landlords have more responsibility than residents, but residents aren’t building equity since they don’t own anything. Condos are similar to apartments in that they are most often units that share a building, but instead of one landlord owning and renting out the entire building, residents own their unit.

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LAYERS OF UNCERTAINTY AMID JOB CUTS, OFFICE VACANCIES

Will Springer Realtor

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. Home designers have been listening too. Bedroom-sized home offices are no longer the norm in modern floor plans.

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7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Commercial Real Estate Leases In this job aid, you will find a table outlining the five main types of commercial leases and the expenses that landlords and tenants usually bear according to these types of leases. This infographic showcases the 10 most common ceiling types found in historic and modern homes.

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The role of consumer transaction data in increasing homeownership access

Housing Wire

Fortunately, modern advancements in data intelligence offer lenders a way to reincorporate that process without all of the hassle. In this way, natural language processing is designed to find the truth — truth based on actual bank data — rather than support longstanding human biases that limit homeownership for minority borrowers.

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