Remove Development Remove Finance Remove Legal Remove Tenants
article thumbnail

Biden administration rolls out renter protections as rent prices soar

Housing Wire

Rent hike protections Nearly one-third of all rental units nationwide are financed with federally backed mortgages — and the blueprint may help curb some of the steep rent price increases for these properties. Fannie Mae provided more than $69 billion in debt financing to support the multifamily market last year.

Tenants 404
article thumbnail

From Tenant to Owner: The Ultimate Guide to Navigating Rent to Own Condo Programs

Movoto

Near the end of the initial lease or rental agreement, you’ll likely need to obtain a mortgage loan to finance the purchase. Most areas with condo developments are usually subjected to homeowner association (HOA) management or something similar. This means saving an adequate amount for the down payment and closing costs.

Tenants 36
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Find a Property Manager Company in Ohio

The Robert Weiler Company

Hiring the wrong property manager can result in missed rent, vacancies, poor maintenance, tenant dissatisfaction, and financial loss. However, hiring the right person or company can greatly enhance your finances, free time, and your property’s reputation. Greater tenant retention. Reduce legal concerns.

article thumbnail

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

PennyMac

Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. It may seem overwhelming, but with the right financing, this is doable. You also have to have a schedule that will allow you to address any issues that arise since tenants will have to be able to get a hold of you.

article thumbnail

Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. . Make Sure Your Commercial Real Estate Investment Pays Off with 5 Tips. Tip #4: Avoid fundamental mistakes. A recent change by the U.S.

Investing 138
article thumbnail

7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms. However, property management some books will focus on the tax, regulations, and legal aspects of renting spaces.

article thumbnail

Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process.