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Evernest acquires Poplar Homes and $15M in tech-focused funding

Housing Wire

Property management company Evernest announced on Wednesday its largest acquisition to date. The company will acquire tech-enabled property management platform Poplar Homes alongside $15 million in growth-centered funding. The company’s management portfolio will reportedly rise to 230,000 units across 50 markets.

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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. Despite expansion and renovation plans, landlords face notable obstacles.

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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. million registered users.

Sellers 318
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Expert Insights: Differentiating Yourself From the Competition

Appraisal Buzz

Michael has 14 years of experience in the real estate industry, having previously worked at Pennsylvania Real Estate Investment Trust (PREIT), co-founding Six Stone Management Group and investing in his own properties. Michael has renovated and built from the ground up, over 75 single-family homes for sale and rent.

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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. In 2023, the landscape for home flipping across the U.S.

Investors 482
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What to Expect from a Property Management Company?

The Robert Weiler Company

If you own several properties (or even just one), the chances are that you don’t have much time on your hands. That’s why a property management company is the perfect solution for commercial real estate owners like you! Owning commercial property is a considerable undertaking. Managing Day-to-Day Affairs.

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

The Robert Weiler Company

Owning commercial property is a huge responsibility. 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. Property management saves time, money, and hassle.