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Offerpad lands $600M more in credit to power iBuying

Housing Wire

Offerpad is a six-year-old company founded by its current CEO Brian Bair, a longtime real estate investor. The business started buying homes in a few southern markets such as Orlando, Florida, and Birmingham, Alabama, and recently moved into Midwest markets including Indianapolis. billion market value.

Logistics 425
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Institutional investors now balk at buying homes in this market niche

Housing Wire

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Renovating Right.

Investors 391
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8 Essential Steps on How to Rent Out Your House: A Comprehensive Step-by-Step Guide

Movoto

However, the logistics of renting a property and being an upstanding landlord are a bit more involved. If you’re considering relocating for a more ambitious endeavor, check out the best rental markets for investors. Here, we’ll walk through all the steps of how to rent a house successfully to qualified individuals or families.

Tenants 36
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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

These buildings are a critical center for managing the distribution and logistical flow of products. Classification is a way to differentiate specific market features for investors. Commercial real estate investors are usually looking for a specific class of property for their capital.

Logistics 147
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In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

Today’s market requires knowledge of marketing and social media. While in-house property managers can download generic documents for free, investors or owners must include the specific properties’ details. In some instances, this can be costly and logistically challenging. ” .

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Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. So, you’ve finally found your dream vacation house. Buying a vacation home?