Appraisal Buzz

MAY 24, 2021

It’s not uncommon for people to have tenants or roommates, but you’ll typically find that isn’t the case with single-family houses. If you want to be a real estate investor, you wouldn’t necessarily purchase multiple single-family properties when you could fit more tenants into one building. That’s why multifamily homes exist.

Appraisal 397

Appraisal Tenants Buyers Landlords 397

Appraisal Buzz

SEPTEMBER 23, 2024

Communities that offer happy hours for tenants get 50% more daily saves and 67% more daily shares. Every renter will have their own priorities so it’s important for a property manager or landlord to list everything a unit has to offer.” That’s slowing down rent price growth nationally.

Tenants 221

Tenants Advertising Landlords Property Management 221

Appraisal Buzz

JULY 11, 2024

Two reasons builders are seeking fewer permits are: Elevated interest rates have made it more expensive to borrow money for construction projects, AND there’s already a near-record number of new multifamily units hitting the market due to a building boom in recent years, making it difficult for some property owners to find tenants.

Tenants 195

Tenants Construction Landlords Development 195

Appraisal Buzz

JULY 8, 2024

But a now sizeable share of single-family homes are purpose-built single-family rentals according to recent construction data. According to Apartment List, single-family rentals are typically operated by a mom-and-pop landlord or a small institutional investor.

Construction 195

Construction Investors Landlords Tenants 195

The Robert Weiler Company

APRIL 5, 2023

Almost one-third of new warehouse space for lease is snatched up before the construction project is complete. Renters are outpacing the construction of industrial units and warehouses. Ask your current landlord. What landlord will turn down money in advance? One way to make this happen is with rent pre-payment.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Appraisal Buzz

OCTOBER 23, 2024

For instance, almost three-quarters of Gen Z tenants in cities like San Diego, Los Angeles, and Sacramento are burdened by their rent. The participating household pays the landlord directly with the housing subsidy. This rent cap is based on HUD-constructed estimates of “fair market rent” at the county or metro level.

Landlords 195

Landlords Tenants Inventory Marketing 195

Simonson Real Estate

JULY 10, 2020

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

The Robert Weiler Company

JANUARY 27, 2023

Add in the aftermath of COVID-19 with lingering supply chain shortages, inflation, and a severe housing and construction crisis, and it’s clear that in many respects, Columbus is bucking several trends while simultaneously pioneering new ones. But these broad strokes barely scratch the surface of Columbus’ full potential.

Real Estate 148

Real Estate Supply Chain Construction Development 148

McKissock

FEBRUARY 7, 2021

Mistake #1: Not screening tenants. Though the risks are high, it is not uncommon for landlords to bypass screening new tenants. Unfortunately, there are tenants that know how to exploit this trust, and will inevitably cause you months of grief. Mistake #2: Failing to do a routine inspection of your property.

Property Management 81

Property Management Tenants Inspection Clients 81

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

McKissock

AUGUST 23, 2022

This job aid contains various remodel and renovation appraisal considerations, what to evaluate, and why renovations usually cost more than new construction for the same work. Commercial Real Estate Leases. Understanding Judicial Foreclosure.

Appraisal 76

Appraisal Renovations Property Appraisal Landlords 76

The Robert Weiler Company

DECEMBER 8, 2022

However, unlike many areas of the current economic climate, demand for warehouse space for sale and warehouse rentals continually increases, with new construction occurring in Columbus, Ohio, and across the nation. The warehouse real estate industry is currently considered a landlord’s market, particularly in Ohio.

Real Estate 78

Real Estate Investing Supply Chain Tenants 78

Boston Appraisal

AUGUST 19, 2019

Without the incentive to maintain their property, landlords would defer maintenance indefinitely. Due to the perceived limited return on investment, builders would shy away from constructing new multi-family buildings. Not only would buildings themselves decrease in value, but entire neighborhoods could suffer from neglect.

Real Estate 78

Real Estate Landlords Tenants Investing 78

Boston Appraisal

AUGUST 19, 2019

Without the incentive to maintain their property, landlords would defer maintenance indefinitely. Due to the perceived limited return on investment, builders would shy away from constructing new multi-family buildings. Not only would buildings themselves decrease in value, but entire neighborhoods could suffer from neglect.

Real Estate 78

Real Estate Landlords Tenants Investing 78

Empire Appraisal Group

JULY 6, 2022

s rising demand and lack of construction will probably offset a potential cooldown. Tenants in the same complex with current leases were paying only $550. Landlords note that their costs are going up also with non-homesteaded properties getting hit with tax hikes and higher insurance premiums. markets, but Fla.’s

Marketing 78

Marketing Landlords Real Estate Tenants 78

Eppraisal

DECEMBER 14, 2021

Some are counting on new construction and a sell-off by landlords to supplement the present reserve. Meanwhile, multi-family homes and apartment buildings will enjoy high demand among tenants, especially those that are sitting out the still grim residential sales market.

Real Estate 67

Real Estate Supply Chain Marketing Inventory 67

McKissock

NOVEMBER 24, 2022

Commercial Real Estate Leases In this job aid, you will find a table outlining the five main types of commercial leases and the expenses that landlords and tenants usually bear according to these types of leases. Learn about the benefits of membership.

Appraisal 52

Appraisal Renovations Architecture Real Estate 52

Zillow

MAY 4, 2016

Otherwise, you’ll need to add basic amenities in order to rent to tenants. While this construction may seem expensive, it can pay for itself in as little as a year or two. A tenant can be a huge help for first-time home buyers saddled with a steep mortgage payment.

Law 36

Law Tenants Landlords Property Management 36

Appraisal Buzz

JULY 16, 2024

elementor-widget-heading.elementor-heading-title.elementor-size-xxl{font-size:59px} Crackdown on rent hikes Some corporate landlords have taken advantage of the shortage of available housing stock by raising rents at a time when millions of Americans are struggling to cover monthly payments. elementor – v3.22.0 – 26-06-2024 */.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading.elementor-heading-title[class*=elementor-size-]>a{color:inherit;f

Landlords 435

Landlords Tenants Land Management Construction 435

Will Springer Realtor

AUGUST 27, 2024

Different pieces of legislation have become Washington law in recent years to help energize the construction of homes and meet the growing need for personal shelter. Owners must consider permitting and zoning policies, construction financing and landlord-tenant laws.

Law 36

Law Real Estate Development Landlords 36

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. However, due to the pandemic, the already-high demand for industrial space is skyrocketing, especially from logistics and e-commerce tenants. percent and asking rates up to $4.61

Marketing 78

Marketing Real Estate Investing Retail 78

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Make Predictable Monthly Payments When you're a renter, you're at the mercy of a landlord. These homes aren't exactly new construction, but they are a steal. You might see your rent prices go up each year.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Property Metrics

APRIL 7, 2022

The development spread tells you how much additional return you are earning in exchange for taking on all of the risk of construction and development. Finally, we’ll take a look at how to calculate the yield on cost for specific construction or renovation projects. Yield on Cost Calculation: Development Example.

Renovations 41

Renovations Development Real Estate Tenants 41

Zillow

NOVEMBER 24, 2016

The costs of planning, designing and constructing an ADU can vary a great deal, mainly depending on whether you want to add to an existing home or build from the ground up. If you’re renting out the unit, will you need to get landlord insurance? Converting a garage into a separate living space could cost as little as $40,000.

Law 36

Law Insurance Landlords Tenants 36

Housing Wire

OCTOBER 4, 2023

The Biden administration has pushed for a potential national-level rent control initiative while cities such as New York are particularly in the spotlight as landlords are pushing the Supreme Court to kill rent stabilization. Rent control benefits some tenants with access to controlled rates, primarily older and long-term residents.

Agents 459

Agents Tenants Real Estate Agent Landlords 459

Will Springer Realtor

APRIL 14, 2023

The most notable of that group: Exempting the sale and leaseback of property by a seller from the residential landlord-tenant act when the seller agrees to a written lease of no more than three months at closing. bipartisan House Capital Budget proposal would set a state record for construction funding.

Transportation 36

Transportation Sellers Construction Real Estate 36

Will Springer Realtor

DECEMBER 19, 2023

County economists forecast a 2024 decline in new construction, slipping to $9.9B Permits for single- and multi-family home construction were buoyant this year, up 15% from a year ago, based on Census data, but WWU economists forecast an 11% decline in King County permits to 19.8K worth of activity from an estimated $10.4B

Real Estate 69

Real Estate Buyers Sellers Inventory 69

Housing Wire

APRIL 6, 2021

In our current political environment, though, it seems carrot-based approaches would be much more likely to garner bipartisan support than stick-based approaches, especially given the hardship that both renters and landlords have experienced during the pandemic. Fannie Mae on how to make housing more affordable.

Inventory 544

Inventory Housing Market Marketing Landlords 544

Housing Wire

JULY 20, 2022

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.

Finance 397

Finance Legal Landlords Construction 397

D Fritz Appraisals

NOVEMBER 7, 2024

Vancouver’s office space availability is the highest in 20 years, with landlords and building owners adapting their leasing strategies as many tenants require more flexibility with their office space rentals. High construction costs are affecting the supply on new builds and slowing down the release of new properties into the market.

Real Estate 109

Real Estate Retail Tenants Investors 109

Empire Appraisal Group

DECEMBER 26, 2024

Further, debates could brew over rent caps for corporate landlords or 1031 like-kind exchange modifications. Despite increased construction, development is uneven, concentrated in major metros and insufficient to meet demand, the CRE report says.

Real Estate 78

Real Estate Insurance Supply Chain Construction 78

Will Springer Realtor

JUNE 11, 2024

The shock is felt across city leadership, office landlords and bankers who lend millions to property owners. The fallout could be dire for landlords facing mounting debt amid sagging revenue. The report showed a tenant-occupancy rate of 94.4%, down two-tenths of a percentage point from Q1 2023. after a 2.5%

Real Estate 36

Real Estate Construction Buyers Sellers 36

Housing Wire

MAY 9, 2023

Another allows for easier accessory dwelling unit (ADU) permitting and construction within the state. The governor also signed House Bill 1074 into law, which requires landlords in the state to show documentation of damages when they withhold part of a renter’s security deposit after the tenant moves out. Democratic Sen.

Landlords 370

Landlords Tenants Law Design 370

Appraisal Buzz

DECEMBER 12, 2024

Additionally, more rental units will be available for purchase, as many of the apartments that builders began construction on during the pandemic apartment boom are now complete. Because of the newfound hope that regulatory burdens may be reduced, the Republican sweep of the White House, Senate, and House has increased builder confidence.

Real Estate 369

Real Estate Construction Inventory Brokerage 369

Will Springer Realtor

MARCH 19, 2024

Despite a short session this year, lawmakers in Olympia were successful in passing 14 known pieces of legislation that serve to help home buyers and sellers as well as landlords and tenants. Possibly the most notable bill to reach Gov. Many of the bills considered – but did not pass both chambers – were high-profile and progressive.

Real Estate 50

Real Estate Tenants Government Development 50

Appraisal Buzz

OCTOBER 24, 2024

residents (82%) believe there should be caps on the amount landlords are allowed to increase rent, according to Redfin. Caps on rent increases, also known as rent control, give governments the authority to control how much landlords are allowed to increase rents each year. More than four of every five U.S. as a whole.

Landlords 392

Landlords Tenants Law Government 392

Will Springer Realtor

MARCH 11, 2024

OLYMPIA HOUSING UPDATE Despite a short session this year, lawmakers in Olympia were successful in passing 11 known pieces of legislation that serve to help home buyers and sellers as well as landlords and tenants. Possibly the most notable bill to reach Gov. The final set of top-floor windows should be in place by the end of the month.

Insurance 36

Insurance Sellers Real Estate Buyers 36