Are You Using Tenant Screening Tools Legally?

Written by Michael Bannett | Published by REALTOR Magazine on September 18, 2019 Property managers must abide by strict rules when using common reports to determine the eligibility of prospective renters. Make sure you know what you can and can’t do with the information. When a rental application is under consideration, most property managers and landlords …

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Failed mortgage payments reach highest number since 2011

By Lauren Theisen | NEW YORK DAILY NEWS | June 22, 2020 As the coronavirus pandemic continues to keep people out of work and strain savings, the number of homeowners who have missed their mortgage payments has more than doubled in the last few months. According to Black Knight, a mortgage data company, 4.3 million homeowners didn’t …

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Realty Matters: Risk Management

Written by Brian Wojcik | Published by Think Realty of June 1, 2020 Risk is measured using statistics and derived from both quantitative components and qualitative factors. An annual assessment exercise allows most real estate investors to improve business practices, whether doing rehabs, long-term holds, lending, or some combination. It is not difficult with the right tools and understanding and will elevate your business to the next …

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Most Single-Family Renters Current with Payments

Written by Lisa G. Noon | Published by Think Realty on June 24, 2020 Single-family renters continue to be current with their June rent payments, according to a nationwide survey released today by the National Association of Residential Property Managers (NARPM®). The survey was conducted among NARPM’s 6,000 members with 462 responses. Nearly 70 percent …

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Warren Introduces Nationwide Eviction Moratorium Bill

Written by Dave Corsi, President of MREIA (Metro Real Estate Investors Association) Senator Elizabeth has introduced a bill that would extend a nationwide eviction moratorium as the current eviction protections in response to the coronavirus pandemic near expiration. The Massachusetts Democrat’s bill, the Protecting Renters from Evictions and Fees Act, would extend eviction protections until …

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Supreme Court gives president power to fire head of financial watchdog agency created by Elizabeth Warren

  Written by: Nihal Krishan | Published by the Washington Examiner on June 29, 2020 The Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau is unconstitutional, determining that its head must be removable at the will of the president. The decision reduces the power of the agency, the brainchild of …

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