Housing Wire
OCTOBER 24, 2022
When landlords break the law and refuse to accept vouchers, it’s reminiscent of Jim Crow-era housing discrimination policies intended to restrain opportunities for Black residents,” Racine said in a statement. We’re sending a message to all landlords: If you follow this playbook, you will face consequences.”.
Housing Wire
JULY 14, 2022
Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. A senior HUD official said that updating its 203K program to make it more usable is a “high priority.”
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Movoto
APRIL 24, 2024
However, the logistics of renting a property and being an upstanding landlord are a bit more involved. Ideally, you’ve renovated and updated the property to modern standards, as this will allow you to successfully obtain an amount on the higher end. When you have space and find great deals, it doesn’t hurt to have extras on hand.
Listing Spark
SEPTEMBER 27, 2023
The real estate industry is no exception, and realtors who specialize in (or at least serve) property investment clients are seeing the beginnings of a complete technological transformation through AI and increasingly smart tools , such as property investment software. Realtors provide insights for pricing strategies.
Listing Spark
AUGUST 17, 2023
Also, if you handle your own repairs as a general contractor or work with a small team, you can simply schedule repairs and renovations so everything falls into an orderly timeline. Look for properties with enough renovation needs to justify a three-month window. Make this stipulation clear in your listing terms.
Quicken Loans
MAY 18, 2021
Converting the home into a rental , for example, may seem like a great way to profit off the home without selling it, but managing landlord responsibilities is no simple feat – especially if you’ve never managed rental properties before. Step Up In Basis. Or, you could decide to partner with your siblings and put the home up for rent.
Property Metrics
APRIL 7, 2022
Finally, we’ll take a look at how to calculate the yield on cost for specific construction or renovation projects. Market rent is $28 per rentable square foot and you expect to pay $10 per square foot in fixed operating expenses as the landlord, with all other operating expenses reimbursed by the tenant. The yield on cost of 9.6%
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