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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 414
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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 380
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HUD: A racial divide exists between FHA homeownership and rental assistance programs

Housing Wire

“Because of the historical role of agencies such as FHA and [the Home Owners’ Loan Corporation (HOLC)] in perpetuating segregation and promoting investment in white communities, investigating whether investment from federal housing assistance programs continues to flow to majority-white communities is important,” the paper said. “We

Tenants 458
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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. Insurance premiums are up 27.7% At the same time, the nation’s affordable housing stock is aging and desperately needs investment. Rising operating costs add to the pressure.

Landlords 365
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Investors bought one in six homes sold in Q2 2024: Redfin

Housing Wire

Although demand for rentals remains strong, rent prices have shown slow growth due to a bevy of new apartments hitting the market, creating competition for tenants. Redfin noted that investors typically prefer single-family properties as this segment of the market has posted relatively strong rent growth and lower tenant turnover rates.

Investors 452