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Realtor.com acquires DIY landlord platform Avail

Housing Wire

which operates Realtor.com , announced Tuesday it has acquired Avail , a platform that provides online tools, educational content and support for do-it-yourself landlords and tenants. We believe that Avail is uniquely positioned to meet the needs of the DIY landlords and tenants in a large, growing and underserved market. Move , Inc.,

Landlords 459
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The impact of COVID-19 on small landlords: How to lower the risks

Housing Wire

That means that small landlords – the mom-and-pop investors who own single-family homes for rent or perhaps a small apartment building – are not reflected in NMHC’s statistics. But it’s these landlords that are the most vulnerable to the economic impacts of COVID-19. Why smaller landlords are at risk. Already a member?

Landlords 482
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Opinion: tools for landlords to help low-income tenants

Housing Wire

The federal Housing Choice Voucher (HCV) program is a powerful tool to help low-income families find apartments they can afford, but the program isn’t reaching its potential because far too few landlords participate in it. Why don’t landlords participate?

Landlords 418
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Freddie Mac spurs landlords to report on-time rent payments

Housing Wire

Freddie Mac wants to encourage multifamily landlords to report positive rental payments to the credit bureaus to give renters a better shot at qualifying for a mortgage. Esusu, a credit-building fintech, will deliver the on-time rental payment reports from landlords’ property management software to the credit bureaus.

Landlords 468
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Opinion: Many mission-based landlords are at a breaking point

Housing Wire

Largely nonprofits, mission-based landlords provide affordable housing as a tool for systemic change, including advancing racial equity, reducing economic disparities, and strengthening community resiliency. Most importantly, mission-based landlords are committed to keep residents housed.

Landlords 433
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Though rents are near an all-time high, some landlords are offering deals

Housing Wire

Instead of cutting rents, some landlords prefer to throw in one-time concessions to attract renters as vacancies rise, according to a new report from Redfin. In such a context, landlords have more vacancies to fill and less leeway to raise prices. “A year ago, you really didn’t see concessions in the market. a year earlier.

Landlords 448
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Wall Street investors are the new breed of single-family landlords

Housing Wire

A problem with that data so far, Burns said, is that it is difficult to distinguish large institutional buyers from mom-and-pop landlords with a handful of properties, or even how many are single buyers simply purchasing a vacation home. Burns concedes he is still working with the data and, at this point, only has a working hypothesis.

Landlords 418