Housing Wire

APRIL 4, 2024

The following day, Martin Gruenberg, chairman at the Federal Deposit Insurance Corp. These include race, financing displacement (banks making loans that could result in landlords evicting low-income tenants), financing of fossil fuels and mechanisms to stop branch closures.

Modernization 279

Modernization Law Legal Landlords 279

Housing Wire

SEPTEMBER 14, 2023

Couple that with rising costs of home insurance and the general price inflation, and there is a massive housing affordability problem facing the majority of the country. For local governments, ADUs can increase the number of tenants in areas where high-rise dwellings are not a desirable option.

Tenants 396

Tenants Government Law Buyers 396

Housing Wire

JANUARY 28, 2021

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. of rental listings in the country are located in areas that offer tenants protection against source of income or voucher discrimination.

Landlords 466

Landlords Tenants Law Legal 466

BiggerPockets

MARCH 4, 2023

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

Tenants Insurance Investors Landlords 54

Housing Wire

OCTOBER 18, 2022

Other services include risk management using Knox Insurance Services that bundles home and auto, property marketing and supervisory services that oversee a property, tenants and vendors. . Each Knox product includes guidance from a property wealth advisor, who estimates a property’s investment potential. Knox’s lending arm.

Investing 408

Investing Real Estate Lending Tenants 408

Housing Wire

NOVEMBER 11, 2021

That’s nearly as much as it costs to deliver a newborn, on average, even with employer-provided health insurance , and quite a bit more than the $3,900 the average woman earns each month. As eviction moratoriums expire, HouseCanary predicts single-family rents will continue to increase.

Housing Market 545

Housing Market Marketing Tenants Insurance 545

BiggerPockets

DECEMBER 14, 2021

Without adequate insurance cover, you run the risk losing money and even your rental business. While insurance might seem an unnecessary extra cost, the moment you need it is when it pays for itself.

Insurance 58

Insurance Landlords Business Property Management 58

Housing Wire

APRIL 19, 2021

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.

Landlords 384

Landlords Investing Tenants Construction 384

Housing Wire

FEBRUARY 19, 2024

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. We always offer lease-back to people, and we have a few that have been tenants for several years,” he said. “I As a company we always work with the occupants. … It’s a win-win.”

Real Estate 438

Real Estate Property Taxes Insurance Government 438

Housing Wire

JANUARY 19, 2022

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Just imagine tenants moving out several times a year! They may also wonder what’s wrong with the property if tenants keep moving out.

Property Management 397

Property Management Tenants Tools Landlords 397

The Robert Weiler Company

JANUARY 7, 2021

However, not every prospective tenant fits the type of tenant the landlord is looking for, such as business standing, financial situation, etc. Prior to executing an office space lease agreement, the landlord may put the prospective tenant through a financial verification process. Indemnity and Insurance. Condemnation.

Landlords 148

Landlords Tenants Real Estate Law 148

Housing Wire

MARCH 11, 2021

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). “Specifically, we appreciate the bill’s provisions that provide additional assistance to tenants, homeowners, and businesses — particularly those in the retail and hospitality sectors,” said MBA CEO Robert Broeksmit.

Tenants 545

Tenants Government Retail Law 545

Housing Wire

AUGUST 10, 2023

That policy required a 30-day “first look” auction during which only qualified nonprofits, government entities and owner-occupant buyers could bid on foreclosed properties with loans insured by the Federal Housing Administration (FHA). I rented back to the previous owner, and they are still the tenant.

Renovations 368

Renovations Buyers Development Insurance 368

The Robert Weiler Company

JANUARY 9, 2022

When executing commercial property for lease in Columbus, Ohio, landlords and tenants each have different perspectives and interests. The standard term for commercial properties for lease is typically three to five years but some tenants need a longer lease term. Ensure your commercial property is ready for a new tenant.

Tenants 78

Tenants Landlords Real Estate Property Management 78

The Robert Weiler Company

APRIL 5, 2023

LawDepot™ explains a sublease as, “… a legally binding contract between a tenant and a new tenant… The sublease gives the subtenant the right to share or to take over the rented premises from the first tenant.” Conduct due diligence on the tenant you’re subleasing from as well as their landlord.

Landlords 144

Landlords Tenants Logistics Real Estate 144

The Robert Weiler Company

MARCH 29, 2023

Hiring the wrong property manager can result in missed rent, vacancies, poor maintenance, tenant dissatisfaction, and financial loss. A property manager is a liaison between the property owner and tenants, staff, or contractors. The objective of a property manager is to run the operation smoothly while maintaining tenant satisfaction.

Property Management 78

Property Management Tenants Real Estate Investors 78

The Robert Weiler Company

APRIL 22, 2023

How flexible are your rights as a tenant? Consider property insurance (if buying) or rental insurance (if renting). Hire a Commercial Tenant Broker to Find Office Space to Rent When you work with the commercial listing agent handling the office space for rent, they have the property owner’s best interests in mind.

Tenants 78

Tenants Real Estate Transportation Clients 78

The Robert Weiler Company

SEPTEMBER 23, 2020

Most building owners and multi-family real estate investors don’t realize that property management companies can completely relieve them of the day-to-day administration of property, prospects, and tenants. It would be best if you found the right people or companies familiar with your property type and its tenants.

Property Management 142

Property Management Tenants Investing Legal 142

Housing Wire

APRIL 8, 2024

After those government-supported mortgages terminate due to maturity or prepayment, the owners can, and many do, convert their multifamily properties to market-rate rents, or sell them to new owners that are not committed to providing housing that is affordable to struggling low-income rural tenants.

Tenants 500

Tenants Finance Construction Government 500

Eppraisal

NOVEMBER 22, 2022

As a rule of thumb, investors in rental properties look for tenants who pay rent consistently and have the pockets to pay decently. HUD Section 8 apartments -- comprise privately owned buildings where tenants pay no more than 30 percent of their incomes and landlords receive additional subsidies from the U.S.

Investing 68

Investing Landlords Tenants Investors 68

The Robert Weiler Company

SEPTEMBER 18, 2020

You want your tenants to be well-serviced but don’t have the availability. You’ll have peace of mind knowing that your tenants will be attended to by a full-service team, and you’ll get to make the most of your investment without the inundations of micromanagement. Selecting the right tenants.

Property Management 78

Property Management Real Property Tenants Legal 78

Cleveland Appraisal Blog

AUGUST 25, 2022

But, if you don’t mind the work, which includes rolling up your sleeves for simple repairs, chasing tenants for late rents, and paying an additional 25% insurance premium than you would on your primary residence, then buying your first rental home as a recurrent source of income might be a smart idea.

Investing 332

Investing Renovations Landlords Real Estate 332

McKissock

JANUARY 4, 2021

If you work with clients who have grown tired of dealing with tenants, a 1031 exchange can help them to unload properties that are management intensive and opt for properties that require less work.

Clients 95

Clients Tenants Investors Real Estate 95

The Robert Weiler Company

JANUARY 2, 2021

First and foremost, specific costs associated with the property, namely taxes and insurance, are not the responsibility of the buyer. And, while they are still responsible for taxes, insurance, mortgage payments, and maintenance fees on the property, the seller can more easily evict a buyer because they do not have any claim of ownership.

Contracts 143

Contracts Tenants Legal Sellers 143

Movoto

JANUARY 28, 2022

Before you rent your home out to tenants, there are a few things to consider. In addition to rental rates, deciding who covers utilities, insurance implications, and lease terms, there are other things you need to be aware of that aren’t as obvious. Know if your tenants will run a home business, and if that affects zoning.

HOA 48

HOA Tenants Landlords Law 48

Property Metrics

JUNE 22, 2020

The term “single net lease” is sometimes used in commercial real estate to describe a lease where the tenant is responsible for paying one particular expense. A single net lease is a lease structure where the tenant is responsible for paying the property taxes associated with the property. What is a Single Net Lease?

Tenants 36

Tenants Property Taxes Landlords Real Estate 36

Movoto

MARCH 29, 2024

Rent, utilities, groceries, insurance, and minimum debt payments should comprise approximately half of your expenses. Keep in mind that there can be some limitations, and in some apartment units, this can limit a tenant’s ability to control the temperature. Shop around for insurance. Where you shop.

Insurance 36

Insurance Transportation Landlords Tenants 36

Cleveland Appraisal Blog

JUNE 18, 2022

This is why eminent domain appraisers often work closely with eminent domain attorneys to insure that these important concepts are fully understood and applied properly. Superior Arts District’s new tenant brings jobs, art to in renovated warehouse – Marc Lefkowitz of Cleveland Fresh Water.

Appraisal 309

Appraisal Law Development Valuation 309

PennyMac

JUNE 28, 2022

Insurance. A second home usually means higher insurance costs for homeowners. The location and type of home you have will influence how much insurance costs, especially if you are getting a vacation home with many appealing amenities. If you’re renting, there’s also landlord insurance.

Tenants 36

Tenants Landlords Finance Insurance 36

PennyMac

JUNE 2, 2022

For example, typical annual costs include things like: Insurance. You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. Property taxes. Maintenance costs. Mortgage payments. Kevin Vandenboss. Ernie Rafailides. Scott Vance.

Real Estate 69

Real Estate Investing Tenants Property Management 69

The Robert Weiler Company

OCTOBER 15, 2021

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. . A record of insurance information, including existing policies and any pending or previous claims made against the commercial property.

Investing 138

Investing Real Estate Tenants Investors 138

CA Realty Training

JUNE 16, 2021

Collecting rent from tenants. They’re responsible for screening any tenant that sends an application. Whether it’d be through background checks or checking the credit scores of the tenants. The first inspection happens when the tenant moves in, and the second happens when they move out. Market and sell the property.

Property Management 38

Property Management Tenants Real Estate Brokerage 38

Zillow

JUNE 11, 2018

This jump in the number of renters has put pressure on both tenants and landlords. Tenants are scrambling to find the right place, while landlords are trying to find the right price. Utilities are not exactly a hidden cost, but they’re often overlooked by tenants eager to move into a new apartment or renew their current lease.

Landlords 36

Landlords Tenants HOA Law 36

The Robert Weiler Company

APRIL 15, 2022

Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Indemnity and Insurance.

Tenants 144

Tenants Landlords Property Taxes Insurance 144

Housing Wire

MAY 10, 2021

North Carolina-based HG Holdings Inc agreed last week to acquire 100% of the equity of Florida-based National Consumer Title Insurance Company — owned by Southern Fidelity — and 100% of the interest in National Consumer Title Group LLC. HG Holdings will pay Southern Fidelity $5.5 million, according to a statement put out by the company.

Insurance 347

Insurance Transportation Tenants Real Estate 347

McKissock

OCTOBER 11, 2020

Sweeney-Newbern has investigated or consulted in many notable cases, including a large settlement in a redlining case against Farmers Insurance in Toledo and an $850,000 settlement in a race and familial status discrimination case involving a Massillon, Ohio landlord who limited the number of African American tenants in his properties.

Law 52

Law Real Estate Training Realtors 52

Empire Appraisal Group

JULY 6, 2022

Tenants in the same complex with current leases were paying only $550. Landlords note that their costs are going up also with non-homesteaded properties getting hit with tax hikes and higher insurance premiums. Watts said she helped a client rent an efficiency apartment in Riviera Beach recently for $1,240 a month.

Marketing 78

Marketing Landlords Real Estate Tenants 78