Fighting the uphill battle of reviving a weak housing market, the Federal Government is planning on stepping into the market with a creative solution – to turn foreclosed homes into rental units.
The plan would create roughly 200,000 new rental homes this year.
Though still in the works, the ... Views: 671
So, you’ve rented, and maybe you’ve already owned a home, but, you’re back on the renting side. Somewhere, deep down, you’re questioning the economics of this decision and trying to determine if you should make the plunge to become a homeowner. After all, isn’t that the American dream?
Not ... Views: 619
Here at RentPost, we’ve been tracking the movement of capital towards rental investments for a long time now. There have been many signs that the rent industry is the next booming sector in real estate (and with some luck, that boom won’t turn into a bubble). But this month, some new insight has ... Views: 516
Rental properties are providing huge returns for those able to make the investment.
The price of rent has been increasing rapidly in cities all over the country. But the cities where demand has increased significantly are those with strong job markets. Cities on the coasts like Washington D.C., ... Views: 511
The average age of seniors using reverse mortgages is 73, but 46% of homeowners considering it are under age 70.
Essentially, more seniors are asking for reverse mortgages earlier. What does this mean?
For one, it shows the deep impact of the housing crisis. Even for homeowners that bought ... Views: 789
We’ve also managed to work in quite a few other improvements and fixes since the last release. In fact, we even pushed out some of these improvements over this period without mention; just so much good stuff coming out right now.
Here are a few of the notable mentions:
• Upgrades to the ... Views: 549
As landlord’s, we don’t want to do damage to the precious profit margin we fought so hard to nurture. A landlord’s profit margin struggles every day to survive, grow and flourish in a sea of predators, competitors and government regulators. Below are the top 10 threats to you thriving profit ... Views: 668
15-year fixed-rate mortgages averaged 3.13% last week, a new record low. And the average rate on a 30-year fixed-rate mortgage fell to 3.88%, less than 1% from the record low.The low rates are a reaction to the decreased demand of homes. Depressed prices, high rents, and low mortgages are all ... Views: 420
Traditionally, the owner hires a property management company to care for their rental properties. The owners have to pay high costs for management. And companies often charge additional fees in the form of maintenance and service costs. Now, owners can manage their rental properties on their own ... Views: 604
In the last decade, the property management industry has exploited technology to improve processes, streamline workflows and gain better control of all aspects of property management. This has been achieved mainly through the introduction and evolution of technology, mainly on the software ... Views: 603