Remove Investing Remove Renovations Remove Tenants
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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

You’ve just purchased your first property to renovate. 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. Let the Renovations Begin! Determine How Much You Can Afford.

Investing 332
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Need to sell your house fast? Here are 7 great options

Housing Wire

Investment homes often take longer to sell because your audience is other investors. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. This often happens with investment properties.

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Amazon commits $10.6M to affordable housing in Nashville

Housing Wire

million to build and renovate 130 affordable homes in Nashville, Tennessee, bringing the total investment in the city to about $100 million. million grant to local nonprofit CrossBridge ‘s 84-unit housing project, where 50 units will be newly built and the other 34 units renovated. Amazon is committing $10.6

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Ready to renovate a rental? Add these features to attract tenants

Inman

Between tenants and looking to stand out in your rental market? Ryan Barone shares the improvements to make to build equity and get your flat filled.

Tenants 141
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HUD Streamlines Affordable Housing Regulations

Appraisal Buzz

Department of Housing & Urban Development (HUD) has published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). Click here for more on HUDs HOME Investment Partnership Program (HOME).

Tenants 221
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Institutional SFR players are stuck in the doldrums

Housing Wire

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

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Solving the Affordable Housing Crisis

Appraisal Buzz

It was a prime investment – cash flowing and competitively priced due to it being a buyer’s market. New owners used their cost savings to renovate and undercut our rent rates. A Cautionary Tale from 2013 Let me start with a personal story. In 2013, I acquired an apartment complex in Austell, Georgia.