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A new source of affordable housing inventory: Private seller auctions

Housing Wire

Tony Richards recently purchased four properties in his hometown of Montgomery, Alabama. He bought it from an outside landlord who didnt have the local market knowledge or presence needed for property management. All four of the properties are in underserved neighborhoods as defined by the Federal Housing Finance Agency (FHFA).

Sellers 324
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The Week Ahead: Preparing for 2025

Appraisal Buzz

Technological Advancements in Real Estate: A look at emerging technologies with the potential to reshape real estate transactions and property management. Regulatory Developments: Key updates on policy changes and new regulations affecting industry compliance and operations. Dr. Bill Conerly has a Ph.D.

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Single-Family Rents Climb to Record High

Appraisal Buzz

Concessions Rise as Rents Remain Sticky Multifamily rents are proving to be sticky, even with the overall increase in apartment development. Instead, in an effort to attract tenants, property managers are increasingly using concessions. Over the previous year, annual rent growth has been rather steady, hovering around 2%.

Inventory 370
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Opinion: Many mission-based landlords are at a breaking point

Housing Wire

The pandemic hangover, which has left many tenants straining to make rent, translates to lower rent collections, and in turn less cash flow, for owners. Labor costs for property management have increased nearly 50% in some markets, and security needs and costs have risen, too. Rising operating costs add to the pressure.

Landlords 432
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Rental Property Management Tips: Renewal Incentives Tenants Actually Want

McKissock

Quality tenants—those who pay on time, take care of the property, and follow the rules of their lease—are a rental property manager ‘s dream. After all, finding new tenants is expensive and time-consuming. Having a bad tenant is bad. Having no tenant is unacceptable,” says M.

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Bilt Rewards, which converts rent payments into points, hits $1.5B valuation

Housing Wire

The company, which works with some of the country’s largest multifamily developers and property managers, secured $150 million in a growth round led by Left Lane Capital. Bilt’s partners include multifamily developers and owners AvalonBay Communities , Blackstone Inc. million apartment units in the U.S.

Valuation 370
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In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

When it comes to property management – and property management companies – a great debate rages on. Then, as now, there are two schools of thought: third-party on-site property management companies vs. in-house property management (or “self” management).