Secret Manhattan Condo purchases are dead, thanks to some new legislation aimed at stopping LLCs from buying luxury condos in the area. We are seeing mortgage rates drop yet-again, spurring an uptick in loan Re-Financing. And let’s talk about renting to college students. This and more below the fold.
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From Realtor.com’s Latest News
Mortgage Rates Drop Once Again—Sparking More Interest in Loan Refinancing
- While the decline in rates has prompted many home owners to refinance their loans, it may not be enough to create a major uptick in home-buying activity.
Secret Manhattan Condo Purchases Are Dead, Thanks to a Suburban Squabble
- A new law in New York State makes every condo buyer’s name publicly available under the state’s Freedom of Information Law.
Banks Moving Flood-Based Mortgage Risks Out of Private Sector, Paper Finds
- Lenders lower the sizes of their mortgages in flood risk areas to make sure the loans are eligible to be taken on by Fannie Mae and Freddie Mac.
Fannie, Freddie to Retain Earnings
- Fannie Mae and Freddie Mac will start keeping their earnings under an agreement announced Monday between the Treasury Department and the companies’ federal regulator.
From Spark Rental’s Latest Blog Posts
Renting to College Students 101: Pros, Cons, & What Landlords Need to Know
- One of the most common questions among real estate investors is “Where should I purchase rental properties?” They typically mean the context of finding neighborhoods and the best cities for real estate investing. But before asking where, it often helps to decide who…
Buy and Hold Real Estate Strategy: Pros, Cons, and Maximizing Your Income
- Looking for an investment strategy that helps you create ongoing passive income? Income streams that will keep coming in for the rest of your life? That’s the beauty of the buy-and-hold real estate strategy: you put in the work and money once, and give yourself the…
Are US Housing Markets in a Real Estate Bubble in 2019?
- Remember 2008? It represented the second-largest recession we’ve lived through, junior only to the Great Depression. Since the 2008 housing bubble and subsequent collapse, many Americans continue living with a sense of fear about the economy and the housing market…
Driving for Dollars & How to Find Motivated Sellers
- When Deni and I poll new real estate investors about their greatest challenges, two answers pop up again and again: coming up with a down payment and finding good deals on real estate. So we talk about those two challenges a lot 😊 But the thing about finding deals is…
From Bigger Pockets’ Top Popular Posts
8 Ways to Supercharge Your Retirement Through Real Estate Investing
- By Whitney Hutten
Why I Will Always Allow Pets in My Rental Property
- By Nathan Miller
6 Reasons HOAs Aren’t Necessarily Deal-Breakers
- By Andrew Syrios
From PM Insider’s Latest Posts
Acing the Senior Living Market
- The senior living market has become more competitive than ever. The National Investment Center for Seniors Housing & Care reported that occupancy fell to eight-year lows at one point last year. Operators face workforce challenges and aging in place is becoming more desirable. Whether independent living, assisted living or memory care, senior housing properties are being[…]
Is Your Website Senior and ADA Friendly?
- According to AARP, Baby Boomers spend about $3 trillion annually and a whopping 78 percent are online, where they’re buying $7 billion in goods and services. As of 2017, they spent more time online than Millennials. It’s likely their time spent online will continue to grow, and they have the resources to support an increasing number of online[…]
Turning a Bad Turn Day into a Good One with Technology
- Hours upon hours and days upon days can be spent planning and executing student housing lease-ups. Vendor schedules must be coordinated, leases approved, apartments assigned and roommates matched. Property management technology can assist but the sweat of the brow is often necessary. Most of all, listening to students and parents as they embark upon one[…]
Green Landscaping Isn’t Limiting Multifamily Sustainable Practices To The Indoors
- The perfect time to leave a truly green mark on an apartment’s landscape is during the renovation. Property rehabilitation can not only upgrade the look and feel inside but improve out-of-date landscapes with a more modern – and sensible – look that’s environmentally pleasing. Previous perceptions that green landscapes are boring and costly are being[…]