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More landlords join eviction moratorium lawsuit amid settlement talks
renttrust.ai

More landlords join eviction moratorium lawsuit amid settlement talks

Educational The Real Deal National reports that the pool of landlords seeking compensation for pandemic-era eviction moratorium losses continues to expand. The case of Darby Development Co. Inc. v. United States has drawn in more than 2,600 property owners, a 75 percent surge since spring, according to a

Hans Michel/ / 2 min read
What Rent Data From All 50 States Says Landlords Get Wrong
renttrust.ai

What Rent Data From All 50 States Says Landlords Get Wrong

Educational BiggerPockets Blog published a piece this week on what rent data from all fifty states reveals about common landlord miscalculations. The author, writing from Conroe, Texas, describes a portfolio of new-construction long-term rentals chosen to be deliberately unremarkable—properties that mostly run themselves so the owner can

Hans Michel/ / 2 min read
Cash-Out Refinance | Requirements & Limits [current_year]
loantrust.ai

Cash-Out Refinance | Requirements & Limits [current_year]

Educational The Mortgage Reports has published a guide covering the mechanics of cash-out refinancing, including the requirements borrowers must meet and the rates currently available. A cash-out refinance replaces an existing mortgage with a larger loan, allowing the borrower to pocket the difference in liquid funds. The guide

Hans Michel/ / 2 min read
When Offices Don’t Want Their Furniture, She Brings It to NYCHA Residents
renttrust.ai

When Offices Don’t Want Their Furniture, She Brings It to NYCHA Residents

Educational Curbed reports on Regina Carter, who has built a direct bridge between office surplus and NYCHA residents by intercepting furniture bound for landfills and redistributing it through pop-up giveaways across the city. The operation runs on a rented U-Haul and a lean crew, turning commercial discard into

Hans Michel/ / 2 min read
Home sales fall in August despite the highest supply in over a decade
loantrust.ai

Home sales fall in August despite the highest supply in over a decade

Educational CNBC Real Estate reports that home sales slowed again in August even as inventory reached its highest level in more than a decade, a pairing that defies the usual supply-and-demand logic. Buyers are confronting more choices than they have had in years, yet transactions are not keeping

Hans Michel/ / 2 min read
NRP Group names new VP of development for the Midwest
renttrust.ai

NRP Group names new VP of development for the Midwest

Educational Multifamily Dive reports that Andrew Bailey, newly named VP of development for the Midwest at NRP Group, sees untapped opportunity in the region's public housing authorities and land banks, which he describes as actively seeking ways to increase housing supply. This signals a broader institutional appetite for

Hans Michel/ / 2 min read