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Opinion: More financing options for ADUs are needed

Housing Wire

A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments.

Finance 477
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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. While the average value of the 80,000 properties analyzed increased 3% between the first and last scheduled foreclosure auction date, the average unpaid loan balance increased by 6 percent.

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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

How will you take care of the property or find tenants? You want to invest in an area with a higher demand for rental properties. Some areas have lower property taxes and expenses than others. You found a property you love and may want to retire to one day but will rent in the meantime. Rental Demand.

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How The Single Net Lease Works

Property Metrics

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.

Tenants 36
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The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

By comparison, 78% of local community developers who purchase occupied properties said they offer the current occupant a graceful exit. “I I rented back to the previous owner, and they are still the tenant. The estimated monthly mortgage payment — including property taxes and insurance — required just 22.7%

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The Real Estate Impacts of the 1 BILLION Dollar Massachusetts Tax Relief Bill

Lamacchia Realty

The deduction is limited to 50% of the rent paid during the tax year and couldn’t exceed a total deduction of $3,000 but with the new changes the total deduction cap will be raised to $4,000. This change will take effect as of and will help tenants mitigate the rising costs of rent.

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Columbus Real Estate Investing: Generate ROI with 5 Commercial Property Types

The Robert Weiler Company

As a result, losing a tenant for a month or longer will ultimately reduce your overall profit. You may want to consider your ideal tenant before purchasing a property. Consider whether your ideal tenants will sell the products or services that succeed in the rapidly changing economy. Don’t walk into this purchase blindly.