What are the Most Expensive Office Markets?
MULTIFAMILY NEWS New York passes a major overhaul on rent laws leaving the real estate industry stunned. What it means? The new laws make it difficult to evict non-paying tenants. In addition, landlords will be under tighter restrictions to increase rent after improving buildings. The days of increasing rent as much as 20% on a new lease are over […]
Startup Using Uber for Flipping Properties
MULTIFAMILY NEWS Pittsburgh, the City of Bridges is on the rise. According to a Yardi Matrix report, housing demand is high and supply is relatively low.Pittsburgh is continuing to provide high returns for investors (as high as 9% for value-add deals) and rent is expected to rise 2% in 2019. Across the Pond. According to MultiFamilyBiz, Greystar […]
You Can Now Pay Rent Online
MULTIFAMILY NEWS Robert Morgan of Morgan Management, one of the largest multifamily owners in the country has been accused of a Ponzi Scheme. Allegedly, Morgan directed employees to falsify financial documents to get bigger loans. Investors in the scheme are owed $63m according to the SEC. Pay your rent online. With more than 43 million households paying […]
Rvs Outside of Google and High Rent
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MULTIFAMILY NEWS Here are the best and worst performing cities for Real Estate Investment according to tech company, Compound. The results are based on Q1 2018 to Q2 2019. -Indianapolis, Indiana -Cincinnati, Ohio -Kansas City, Missouri -Charlotte, North Carolina -Dallas Fort Worth For data’s sake, Indianapolis saw a 12% year over year appreciation followed by 8.37% […]
