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How to minimize tenant turnover using online property management tools

Housing Wire

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.

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Realtor.com acquires DIY landlord platform Avail

Housing Wire

which operates Realtor.com , announced Tuesday it has acquired Avail , a platform that provides online tools, educational content and support for do-it-yourself landlords and tenants. We believe that Avail is uniquely positioned to meet the needs of the DIY landlords and tenants in a large, growing and underserved market.

Landlords 423
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Rural America is losing affordable housing at a crisis pace

Housing Wire

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 463
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Some baby boomers are finding homeownership to be less beneficial

Housing Wire

The article also notes that reverse mortgages are a potentially valuable tool for seniors in the current housing environment. With federally insured reverse mortgages — officially [HECMs] — the upfront costs are high […] and the paperwork substantial.

Tenants 381
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. The same goes for social media platforms — some companies leveraged this tool to disseminate information quickly, while others were still trying to build a following.

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Zillow to list housing discrimination protections

Housing Wire

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions.

Landlords 457
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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 399