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Financing proves an obstacle for ADUs

Housing Wire

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. The Joe Biden administration broadly identified this financing issue. The problem then, the authors found, is ascertaining favorable financing.

Finance 368
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How Does Commercial Property Management Work?

C4D Crew

Colorado hoa management companies have a lot of knowledge around properly running commercial property management. Commercial real estate (CRE) is land only used for business-related activities or to offer a workspace, as opposed to being utilized as a residence, which would fall under the residential real estate category.

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Here are the 2022 HousingWire Vanguards!

Housing Wire

Managing Director and Global Head of Mortgage Services. Precedent Management. Housing Finance Strategies. PURE Property Management. Finance of America Mortgage. Finance of America Reverse. Head of Neighborhood and Community Lending. Bank of America. AJ Franchi. President and Chief Operating Officer.

Lending 385
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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

Not everyone can afford to invest in rental property in the area they live in. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on your goal to add real estate investments to your portfolio. If you invest outside your state, you may want to hire a property manager.

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

Housing Wire

The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country. That’s up 25.7%

Investor 428
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Ask Brian: How Do Real Estate Developers Make Money?

Realty Biz

In short, property developers make their money by maximizing the value of the land they are working with. You’ve stated that your goal is doing this by developing residential houses, so I assume you know that the property is zoned for this. Your equity in the land will be your primary source of profits from the project.

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Proptech Changing the Face of Real Estate?

RIS Media

The Urban Land Institute, in partnership with Goodwin, recently released a report— Proptech: Changing the Way Real Estate Is Done —to help the industry understand how companies are integrating this technology and how it will impact business functions. – Companies are looking to improve accessibility to data across all business units.