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Property management software: Why more Americans firing their property managers

Housing Wire

For those who think being an independent landlord is easy, congratulations youre wrong. Finding the best tenant is an uphill battle for some landlords. Hiring a property manager to handle day-to-day operations may seem like the best way to alleviate the stress. Landlords can do that themselves with the right tools.

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Fannie Mae expands voucher program for multifamily landlords

Housing Wire

The pilot program incentivizes borrowers of Fannie-backed multifamily loans to accept vouchers as a valid source of income. Fannie said that about 30% of voucher holders are unable to find housing that accepts their vouchers as income.

Landlords 476
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Meeting Renters Where They Are

Appraisal Buzz

Currently, the property management industrys reliance on legacy payout processes can lead to refund errors and delays that inconvenience tenants when moving into their new homes. Sending digital payouts to tenants by email reduces delivery issues experienced by the landlord that result from having an incorrect forwarding address.

Tenants 397
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Real estate investors say they’ll expand portfolios, make home improvements in 2025

Housing Wire

real estate investors are planning to grow their portfolios and invest significantly in property improvements in 2025, according to a new survey from property management software provider RentRedi. landlords plan to acquire new properties this year. landlords plan to acquire new properties this year.

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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. Turnover is one of the most costly aspects of the property management business, with the average turnover costing more than two thousand dollars.

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A new source of affordable housing inventory: Private seller auctions

Housing Wire

Tony Richards recently purchased four properties in his hometown of Montgomery, Alabama. He bought it from an outside landlord who didnt have the local market knowledge or presence needed for property management. Additionally, three of them are on the same street. We are right here with boots on the ground, he said.

Sellers 349
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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 landlordsproperty management software to the credit bureaus.

Landlords 468