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

Housing Wire

Insurance premiums are up 27.7% At the same time, the nation’s affordable housing stock is aging and desperately needs investment. Most importantly, mission-based landlords are committed to keep residents housed. Rising operating costs add to the pressure. in the year ending January 2024 and 129% since 2018, according to Yardi.

Landlords 433
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Real estate investors have a ‘cautiously optimistic’ outlook: survey

Housing Wire

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. That’s the conclusion from a survey of 235 single-family landlords in late June and early July. S&P Global found that U.S.

Investors 459
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Knox Financial announces $10 million in Series A funding

Housing Wire

Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies. Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox has shown people across the U.S.

Landlords 397
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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree.

Investing 332
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Single-family rental market slammed by headwinds

Housing Wire

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . of the subject [loan] pool is secured by investment properties,” the presale report states. .

Marketing 448
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How to minimize tenant turnover using online property management tools

Housing Wire

It can even prevent you from selling your investment property because potential buyers don’t want to deal with the hassle of constantly finding new tenants. Every landlord or property manager deals with tenant turnover whether they own one condo, a slew of single-family homes, multiple apartment complexes, or even commercial buildings.

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Taking the leap: The benefits of buying vs. renting a home

Housing Wire

By the time the first week of the month arrives, you’ve sent off that rent payment to your landlord. Unlike renting, where you’re consistently paying out money to a landlord, a purchased home offers the prospect of building wealth since it may appreciate in value over time. Property has the potential to decrease in value, as well.).