Remove Legal Remove Renovations Remove Tenants
article thumbnail

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.

article thumbnail

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. How can you capitalize on your first investment property? Next, look at your space. Form a Business Structure.

Investing 332
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A recap of gen AI use cases at FHFA’s 2024 TechSprint

Housing Wire

Multifamily renting An Uber-like experience to match today’s 30 million renters with property managers, Domino would provide tenants with a personalized readiness rating. The app would pull a credit report, do a background check and preapprove a tenant at certain price points so the renter knows what monthly payment they can afford.

Tools 360
article thumbnail

What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Superior Arts District’s new tenant brings jobs, art to in renovated warehouse – Marc Lefkowitz of Cleveland Fresh Water. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.

Appraisal 309
article thumbnail

How to Post the Most Effective MLS Listing: Tips to Help Buyers and Speed Up the Appraisal Process

Boston Appraisal

Mention features like a newly renovated kitchen, spacious backyard, or energy-efficient windows. List any recent renovations or upgrades, such as a new roof, updated HVAC system, or remodeled bathroom. Information regarding tenants, leases, and rental amounts should be first and foremost when it comes to these types of properties.

article thumbnail

What Do Property Management Companies Do? (And How to Vet Them)

The Robert Weiler Company

Most building owners and multi-family real estate investors don’t realize that property management companies can completely relieve them of the day-to-day administration of property, prospects, and tenants. It would be best if you found the right people or companies familiar with your property type and its tenants.

article thumbnail

Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants.