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How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Just imagine tenants moving out several times a year! They may also wonder what’s wrong with the property if tenants keep moving out.

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Knox Financial launches new investment property products

Housing Wire

Boston-based real estate investment proptech Knox Financial announced Monday it is launching new products on its platform that will help homeowners transform their homes into investment properties. Each Knox product includes guidance from a property wealth advisor, who estimates a property’s investment potential.

Investing 435
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HG Holdings acquires National Consumer Title

Housing Wire

North Carolina-based HG Holdings Inc agreed last week to acquire 100% of the equity of Florida-based National Consumer Title Insurance Company — owned by Southern Fidelity — and 100% of the interest in National Consumer Title Group LLC. HG Holdings will pay Southern Fidelity $5.5 million, according to a statement put out by the company.

Insurance 392
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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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FHFA appoints inaugural members of affordable housing advisory committee

Housing Wire

It initially sought members with expertise in fields such as fair lending, fair housing, civil rights, capital markets, investments, single-family and multifamily lending, community advocacy, Low-Income Housing Tax Credits , research and more. Stacie Young, president and CEO, Community Investment Corp.

Tenants 418
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Biden signs American Rescue Plan. Here’s what that means

Housing Wire

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). “Specifically, we appreciate the bill’s provisions that provide additional assistance to tenants, homeowners, and businesses — particularly those in the retail and hospitality sectors,” said MBA CEO Robert Broeksmit.

Tenants 545