October, 2018

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VIDEO: NBC SquawkBox - Impact of New Federal Tax Law on High-Cost Housing Markets

Miller Samuel

This interview occurred back on the 18th and was posted on Housing Notes on October 19th in case you missed it. Robert Frank of CNBC invited me to appear on the show. I’ve been on the show a half dozen times, especially during the housing bubble when I was always interviewed remotely in a dark room with an automated camera. This appearance was the first time on the actual set.

Law 210
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Expectations for future house flipping returns

Patch of Land

First, the good news for house flipping: Average gross profits have risen steadily over the last few years. As the 2018 house flipping report from research firm ATTOM Data Solutions shows, completed house flips in 2017 yielded an average gross profit of $68,143, representing a 49.8% return on investment. Gross profit is defined here as the difference between purchase price and flip price, not accounting for expenses incurred.

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7 Places in America That Will Pay You to Move There

Zillow

If you're willing to move and if you meet the qualifications, many rural American towns are offering incentives aimed at attracting new residents and reviving their communities. At the beginning of the 20th century, rural America housed more than half the country's entire population. While the number of Americans living in rural areas has been roughly stable over the past century - as urban and suburban America have boomed - its share of the total population has declined, falling from 54 percent

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The Importance of Knowing Your Home’s Worth Before Selling It

Texas Home Appraisal Blog

The Cost of Getting your Home Ready for Sale Making arrangements for the sale of your house will normally cost between a few hundred dollars on the lower side and a few thousand dollars on the upper side. Let us assume that you’ve decided to sell your home FSBO, so you are doing this without the help of a realtor. The first thing you’ll start with to get your property ready is obviously cleaning and.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Natural Disasters and the Appraisal Industry: What to Expect

ACT Appraisal

Natural disasters, like hurricanes, wildfires, and tornados, can have a huge impact on the appraisal industry. For residential appraisers, the work can increase shortly after a natural disaster, whereas, for commercial appraisers, the work may decrease as business transactions dip as people focus on their homes. What are Disaster Inspections? Post-disaster inspection reports and appraisals are critical for homeowners, lenders, and insurance companies.

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How to Make the Most of 500 Square Feet: See How This City Renter Did It

Zillow

When Lola Simmons and boyfriend Garrett Moore began looking for an apartment in Seattle's Capitol Hill neighborhood, they were hoping to spend around $1,400 on monthly rent. So when the pair found their dream spot for just over $1,000 a month in Seattle's infamously difficult rental market, they knew they'd struck gold. "I walked in, and after about two minutes, I said, 'Yep, I'll take it,'" says Simmons.

Design 36
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House Flippers: An Interesting Strategy for Finding Your Next Real Estate Investment

Patch of Land

House flipping is more complicated than simply buying the first property you find that needs repair, giving it a cosmetic facelift, and then putting it back on the market at a higher price. As seasoned house flippers will tell you, this particular type of real estate investment requires the ability to identify the right property in the right market at the right time.

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Investor Financing Heats Up

Patch of Land

The following article was originally featured in AAPL's Private Lender Magazine. It speaks to the increased rate of financed home flips in Q1 of this year and the rise of lenders expanding the fix-and-flip market. Flips purchased with financing rise to 9.5-year high. Housing analysts have recently expressed caution about the residential real estate investment market due to rising home prices and competition.

Finance 31
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Patch of Land is a Proud Sponsor of IMN's Single Family Rental Investment Forum (West)

Patch of Land

Patch of Land is proud to be a sponsor of IMN's 7th Annual Single Family Rental Investment Forum (West). The event will be held on December 3-5, 2018 at the JW Marriott Camelback Inn in Scottsdale AZ. This industry-leading event will once again bring together key market participants including REITs, Funds, Aggregators, Fix and Flippers, Note Buyers, ABS & REIT Investors, and more than 2.5 days of lively discussion, thoughtful debate and countless networking opportunities.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Patch of Land to Attend AAPL's Annual Conference in Las Vegas

Patch of Land

Patch of Land is looking forward to attending AAPL's Annual Conference on November 4-6, 2018 at Caesars Palace in Las Vegas, NV. AAPL’s Annual Conference is one of the largest events dedicated to private lending ; the conference provides strategic, industry-specific education, distinguished speakers, valuable sessions, unlimited networking engagements, and so much more for professionals across real estate servicing.

Lending 28
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How Legislation Can Move Fintech Into the Digital Economy

Patch of Land

The following article was originally featured in AAPL's Private Lender Magazine. It speaks on Congress strong interest in the fintech industry and was written by Patch's CMO, Robert Greenberg. Congress has opportunities to address some of the challenges financial technology firms face in the lending sector. The pace of financial technology innovation in the alternative lending space is nothing short of phenomenal, but it has meant headaches for lenders and vendors waiting for regulation to play

Lending 35