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Technology’s role in rental property investment market

Housing Wire

rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. Individual investors own about 70% of rental properties in the U.S., Top-of-mind solutions for landlords include automated tenant screening and online rent collection, as well as smart home amenities.

Investing 405
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The impact of COVID-19 on small landlords: How to lower the risks

Housing Wire

Several times a month, the National Multifamily Housing Council (NMHC) releases data from its Rent Payment Tracker, a measure of the number of tenants who have paid rent that month. The percentage of tenants paying rent declined 2.1 But it’s these landlords that are the most vulnerable to the economic impacts of COVID-19.

Landlords 443
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Congressional report finds Invitation Homes downplayed evictions to Fannie Mae

Housing Wire

That’s what a congressional subcommittee said happened between Fannie Mae and Invitation Homes , the single-family rental landlord that in 2017 got a $1 billion interest-only 10-year loan from the government-sponsored enterprise. There is little data to track the prevalence of such strategies.

Landlords 356
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Trade groups oppose rent control on GSE-backed multifamily properties 

Housing Wire

The letter was in response to a request for input issued by the Federal Housing Finance Agency (FHFA) in May regarding protections for tenants in Fannie Mae and Freddie Mac -backed multifamily properties. We think the market has changed in a way that there are circumstances where limitations on rent increases may be good public policy.”

Tenants 329
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Need to sell your house fast? Here are 7 great options

Housing Wire

Investment homes often take longer to sell because your audience is other investors. Roofstock Marketplace , for example, offers services to help sellers who need to sell their homes fast, including key market insights to help with pricing. Sell to Other Investors Using Roofstock Marketplace. 7 Ways to Sell your House Fast.

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Federal judge overturns CDC eviction ban

Housing Wire

Even if it stands, it may not grant much relief to landlords already subject to state and local eviction bans. Groups representing rental landlords — who hope to rid themselves of non-paying tenants — cheered the ruling. But the ruling may not allow landlords to immediately evict their delinquent tenants.

Landlords 402
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Wall Street SFR firms accused of stripping equity from neighborhoods

Housing Wire

Institutional players in the single-family rental (SFR) market have been expanding their reach into select American neighborhoods since the global financial crisis of 2008, but they now find themselves in an uncomfortable limelight. . For example, in the third quarter of 2021 alone, institutional investors bought 42.8%

Tenants 392