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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. Many of their development projects require more patience and long-term commitment than other developers are willing to undertake. Rising operating costs add to the pressure.

Landlords 432
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Xactus names chief operating officer

Housing Wire

In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Previously, he was EVP of product development at Credit Plus before Xactus acquired the company in September 2021. He previously served as the company’s chief data officer.

Tenants 443
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Consumer advocate says policy changes are needed to help FHA buyers compete

Housing Wire

The authors suggest a two-fold recommendation — that more states and local municipalities pass “source of income” legislation so that tenants and homebuyers will be better protected; and for the U.S. of the U.S. mortgage market in 2023, up from 14.3% in 2022, according to HUD. ”

Buyers 476
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HUD raises Housing Choice Voucher funding to $30 billion for 2023

Housing Wire

Department of Housing and Urban Development (HUD) this week announced that it is allotting $30.3 It has also made HCV utilization tools available that include additional information such as projection tools, training videos and monthly summaries of the program. billion for the Housing Choice Voucher (HCV) Program for 2023. billion).

Landlords 392
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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Some states may even require the completion of a specific training program before you can apply for licensure. Image by Unsplash. Obtain the right qualifications.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Thank you, (your name) (your phone number) Click to copy to clipboard The tenant or renter letter Audience: Renters Format: Typed letter in an envelope, handwritten address Educating renters about the benefits of homeownership and busting myths is a proven strategy for converting tenants into buyers.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

6 months course access Ridgeline: All features of Base + Livestream option and Forms Training 101. Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. 25 hrs livestream access.