Tag Archives: Real Estate
Generation Y Will Raise Rents
Posted on 04. Nov, 2011 by Nora Betz.
According to a report compiled by Urban Land Institute, Generation Y will alter the housing market while creating a multi-generational household trend.
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Renting vs. Owning: The Rent Ratio
Posted on 03. Nov, 2011 by Marc Courtenay.
The buy-versus-rent question is particularly relevant right now as we see home prices continuing to decline and interest rates on new mortgages also going down to the lowest levels in 60 years. Back in April of 2010 The New York Times did an impressive job of explaining the ratio that helps define whether it is economically more sensible for residents to buy or rent their housing.
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GoldOller Buys 2,200 Apartments
Posted on 31. Oct, 2011 by Bryan Ives.
GoldOller Real Estate and Investments, LLC recently acquired Timberlake Apartments and the Glades Apartments. The purchase is part of GoldOller’s private, open-ended apartment acquisition fund launched in January 2010.
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More Than 1,400 Attend RealShare Apartments Conference 2011
Posted on 27. Oct, 2011 by Bryan Ives.
The latest RealShare Apartments 2011 Conference drew over 1,400 executives from the multifamily industry. Many industry leaders presented throughout the daylong event, providing some valuable insights regarding current market influences and trends.
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Grow Your Property Management Business with New Investors
Posted on 20. Oct, 2011 by Marc Courtenay.
These are the “better times”, when interest rates are their historical lowest and the number of people needing rental housing is growing exponentially with each passing year. As one publication stated it, “However, in real estate, the right time, the most advantageous time, is always the present.”
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10 Cities with Rising Rents a Positive Sign
Posted on 17. Oct, 2011 by Bryan Ives.
A rebound in the real estate market is, of course, a key component of long-term, sustained economic recovery. The Reis research group compiled a list of some notable cities where rent increases may be most pronounced in 2011.
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Media Mogul John Malone is the Largest Land Owner in U.S.
Posted on 13. Oct, 2011 by Nora Betz.
With Ted Turner a close runner up, John Malone is now the largest land owner in the United States.
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Let Your Owners Know You’re a Source for Real Estate News
Posted on 03. Oct, 2011 by Marc Courtenay.
Give owners some ideas on how they can take advantage of today’s real estate and financial trends. Impress them with your creativity and business acumen.
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Baby Boomers and the Housing Market
Posted on 23. Sep, 2011 by Nora Betz.
According to NAR, baby boomers could reinvigorate the real estate market for a couple of reasons.
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Is It Time to Invest in Rental Property?
Posted on 12. Sep, 2011 by Nora Betz.
Now might be the perfect time to put invest in rental property. “As with many investments, the best time to get in is when most others are sitting on the sidelines,” reports CNN Money online.
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July 2011 Index of Sales Agreements Drops (Data from NAR)
Posted on 30. Aug, 2011 by Aimee Miller.
The National Association of Realtors (NAR) shared statistics for home sales in July of 2011….and the news isn’t great.
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Bulldozer-Style Foreclosures and Their Hidden Potential
Posted on 29. Aug, 2011 by Marc Courtenay.
There are many ways for a lending institution to handle a foreclosure, and there are apparently many ways to deal with the foreclosed property after they have it in their possession. There are close to 1.7 million houses in the U.S. in some stage of foreclosure. Banks already own a large number of these houses and will soon repossess many more. Housing economists worry that a near constant stream of home sales by banks could keep housing prices down for years to come. But what if some of those homes virtually “disappeared” and weren’t sold?
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Benefits of a Mandatory Renters Insurance Program
Posted on 25. Aug, 2011 by Melissa Foley.
Renters Insurance by definition is the combination of Liability and Content Coverage. In most markets, an owner can only require a resident to carry Liability coverage which essentially covers damage to the asset. Annual premiums are typically less than $9-$10 a month to the Resident. When partnering with a Preferred Provider, residents will be “pre-approved” and can obtain coverage quickly and easily. Residents have the options to add content coverage to protect their personal belongings in the event of such things such as theft, fire, flood, etc.
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With Few Vacancies, Rents Rise in San Francisco
Posted on 18. Aug, 2011 by Nora Betz.
Apartment rents are on the rise and vacancy rates are down in San Francisco, CA. These young renters prioritize the location of their apartment above other amenities and are willing to compete for the space and pay top dollar for it.
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Rental Income with a “Home Away from Home” Approach
Posted on 12. Aug, 2011 by Marc Courtenay.
There are many ways to help owners expand their base of income and to separate yourself as a property manager that’s going above and beyond to help your clients succeed.
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Making Rentals Out of Foreclosures
Posted on 11. Aug, 2011 by Aimee Miller.
The White House said that it is looking to move more than 92,000 foreclosed properties (that are currently owned by the US government) into rental units. The Obama administration is looking into new ways to sell these foreclosed homes owned by Fannie Mae & Freddie Mac to investors who would then rent out the properties.
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Vice President Biden Rents Cottage to Secret Service
Posted on 03. Aug, 2011 by Nora Betz.
Joe Biden rents his cottage to the U.S. Secret Service, which is paid to protect him while at his waterfront home in the Wilmington area in Delaware. The cottage came available when the previous tenant moved out and the Secret Service is now paying the same amount of rent.
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Case Investigation: Maximizing Commercial Collection
Posted on 29. Jul, 2011 by KTS-Law.
California has a statutory scheme that provides mechanisms for judgment creditors to recover money involuntarily from judgment debtors. However, a creditor cannot collect if the judgment debtor’s assets cannot be located.
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Protestors Put Homeless in Foreclosed Homes
Posted on 28. Jul, 2011 by Nora Betz.
Take Back the Land is a group founded by Max Rameau who is a controversial activist who wants to change the way the public views housing issues.
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Zillow Shares Sell Like Hot Cakes
Posted on 21. Jul, 2011 by Aimee Miller.
Even as the housing sector continues to be unpredictable it was exciting to see the Zillow IPO on Wednesday July 20th. Zillow priced its IPO at $20 per share and the stock quickly doubled right out of the gates.
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DNA testing for Dog Poop
Posted on 19. Jul, 2011 by Nora Betz.
Property managers are getting fed up with irresponsible dog owners who do not pick up their dog’s poop on the property. A New Hampshire apartment community is requiring residents to hand over a DNA sample for their pet.
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Top 10 Cities – Do You Buy or Rent?
Posted on 14. Jul, 2011 by Nora Betz.
We have all seen the price of homes drop and the cost to rents rise. So what is the better deal: buy or rent? Eli Beracha of East Carolina University and Ken Johnson of Florida International University reviewed the economics of 23 cities and came up with the top 10 results.
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Dangerous Hogweed Plant in New York State
Posted on 08. Jul, 2011 by Nora Betz.
Hogweed is a plant that when in contact with people, can cause dangerous burns, blisters and scars. The plant originated in Asia and was brought to the United States and is now spreading quickly. New York State has set up a hotline for people to call so that officials can destroy the invasive species. It is advised that property managers alert their residents of the dangers of Hogweed if you suspect that they may be at risk.
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Rentals are the Newest Hope in the Real Estate Market
Posted on 28. Jun, 2011 by Nora Betz.
Rentals could be the next boom in the real estate market. With the job market struggling to stabilize, many people find qualifying for mortgages difficult. In this climate, more people are choosing to rent and great properties in good locations will continue to hold their value. Chief economist of Zillow, Stan Humphries, says that “the stage is being set for very strong rent increases.”
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Technology Trends: What Residents Want (eBook)
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Always Get It In Writing And In The Lease
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Avoiding Craigslist Scams
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How To Cultivate New Clients In “The Garden Of Property Management”
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NARPM Florida State Chapter Property Manager Conference 2012
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Marc Courtenay: Thanks for your comment. Please consider sharing t...
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Ryan @ Green Bay Commercial Real Estate: At least in our market (Green Bay) it seems to be ...
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Tammy Davis: Great Advice!...
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Sandy: I have strong doubts that this was a professional ...
