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Institutional SFR players are stuck in the doldrums

Housing Wire

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. 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.”

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Property condition information that’s cloud-based – “Word cloud” based

Housing Wire

Many factors contribute to the process of determining the value of a residential property. For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. .

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What AVMs can and can’t do in the appraisal process

Housing Wire

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs do not account for upgrades or renovations. ” Amazing, right? What about AVMs?

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14 lucrative jobs in real estate with high earning potential

Housing Wire

Real estate agent License or education required: Yes Average national salary: ~$86,000 Job description: The fundamental duties of a real estate agent are to assist individuals with buying, selling and renting residential and/or commercial properties. Interested in learning more?

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How To Renovate Tight Living Quarters (Without Cutting Corners)

Realtor.com

So whether you’re looking to renovate a studio apartment or small house, there are ways to make your space look chic without skimping on style or functionality. When you feel rushed or want to seek out a cheaper alternative, your renovation plans can go awry.”. Just like the size of your home, a little can go a long way.

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Reference Guide for a Home Renovation

Realty Biz

There are many reasons why people decide to renovate homes. Reports show that most people planning a renovation intend to spend $10,000 or more. Before making any major decisions, consider what you want out of the renovation for tomorrow and the next 5 or 10 years. Investors have earned big profits with fix-n-flip remodels.

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How to Buy a Multifamily Property in 10 Steps

The Close

Simply put, it’s a residential building with more than one unit designed to house multiple families. Renovation costs: Depending on the property’s condition, you may need minor and/or significant renovations before renting it out. The longer renovations take, the higher your carrying costs will be.