10/13/17 – Crowdfunding a Mortgage Down Payment?
Using crowdfunding for your next real estate deal is one of the hottest things going. Now there’s a new startup that wants to help potential homeowners use this alternative form of financing by helping them come up with their down payment.
Colleges Where It’s Cheaper to Buy a Condo Than Rent a Dorm
We already know that student housing can be a lucrative investment – especially in the right location. Recently, the folks over at Redfin looked at nearly 200 public colleges & universities across the country to and compared the monthly dorm rate with the median condo mortgage in their respective cities.
What Is It Like To Go Through A Hurricane As A Landlord?
What is it like to go through a hurricane as a property manager and landlord? Each week veteran landlord and property manager Hank Rossi answers questions from other landlords and property managers around the country about their rentals. This week he talks about his own hurricane experience.
Zumper’s National Rent Report for October
Rental information site Zumper recently released their National Rent Report for October showing that the median national rent for 1-bedroom apartment was $1,183 and $1,402 for a 2-bedroom apartment (same as September).
HVAC Worker Finds Secret Room While Renovating
We have shared some pretty bizarre stories over the past couple years here on REI2Day. We recently came across one from Florida about a HVAC worker who was doing some renovations on an empty house when he discovered (while trying to discover where some duct-work led) a secret man cave in the attic – complete with carpet, electrical outlets, cable-tv jack and a makeshift urinal connected to the plumbing!
Renters Who Spend >30% of Their Income Are Declining
According to a new report from NYU’s Furman Center, renters who spend more than 30% of their incomes for rent has fallen over the past three years to 47.7%. In addition, report that median rents grew faster than inflation in almost all metro areas between 2012-2105.
Could Tiny House Community Hurt Nearby Property Values?
A developer in North Carolina is running into neighborhood opposition over his plans to build a tiny house community in Northwest Charlotte.
Multifamily Rents Stagnant in Q3
According to the latest Yardi Matrix, multifamily rentswere flat in September, coming in at $1,314. Nationally, rents were up 2.2% in September, a 10-basis-point decline from August, however for the third quarter they only increased by $1.
Fertilization Tips for Fall
Infographic: Fall is finally here and it’s time to start thinking about lawn-care preparation for the upcoming colder months. The following infographic from The Home Depot lays out why Fall is the perfect time for this and what you need to do. Remember, Spring is just around the corner (of course we have to get through Winter first)!