Remove Landlords Remove Real Estate Remove Renovations
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D.C. real estate firms fined $10M for discrimination

Housing Wire

based real estate firms — DARO Management Services, DARO Realty and Infinity Real Estate — and company executive Carissa Barry, have been handed a hefty $10 million civil penalty as part of a settlement for illegally discriminating against low-income renters using Section 8 vouchers for housing. Three Washington, D.C.-based

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Biden unveils housing proposal that includes nationwide cap on rent increases

Housing Wire

President Joe Biden released a legislative proposal on Tuesday that’s rankling the real estate industry — nationwide rent control. Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. Landlords who break the cap would be denied federal tax benefits.

Landlords 476
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Bain Capital gains majority stake in residential investment lender Archwest Capital

Housing Wire

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. housing stock,” David DePrez, managing director for Bain Capital, said in prepared remarks.

Investing 360
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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79

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DataDigest: Will work for housing

Housing Wire

As a result, districts across the country, including in Colorado , have decided to partner with – or even become – homebuilders and landlords. million over that period to acquire 52 units and renovate several of its 50 existing units. When teachers can’t afford to buy homes, school districts can’t hire teachers.

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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. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. Are You Cut Out to Be a Landlord? This is especially the case if your goal is to break into real estate.

Investing 332
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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade. The real estate industry is wholly dependent on a patchwork of manual review processes that could very easily be standardized and digitized.