Create Your Opportunity and the Rest Will Follow
It was early January and I was hastily plodding through two to 3 feet of snow in lower Manhattan trying to make it to 85 Broad Street before the 7:30 a.m. global call.
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RealPage Releases AI Screening
RealPage, Inc. has introduced RealPage® AI Screening, the first AI-based screening algorithm built specifically for the multifamily apartment rental industry. The solution, developed by RealPage Resident Screening and Data Science teams is designed to enable property management companies to identify high-risk renters with greater accuracy. Traditional screening models use credit score, rent-to-income, debt-to-income and generic financial data to determine renter risk. These factors broadly measure an applicant’s capability to pay
Read MoreCivic Financial Services Launches Rental Program
Civic Financial Services has released its new rental program, designed for real estate investors who are focused on aggregating rental properties. The program includes 5/1, 7/1 and 10/1 interest-only ARM products for either a single asset or a portfolio of properties, allowing investors to further expand their businesses. CIVIC’s expansion of its product offerings serves real estate investors with a rental strategy who may not meet the requirements of the
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“Retired Dental Hygienist Turned Property Manager”
That’s what the illustrious headline would read to describe my career shift to the real estate and property management industry!
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Women in Real Estate: Rose Palano
I grew up with a father who was, and still is, a serial entrepreneur. He told me all my life: “You have to create your value in the world, or you’ll work for someone else.”
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Foreign Investment in U.S. Residential Real Estate Drops
Foreign buyers purchased fewer U.S. existing homes from April 2018 through March 2019. That’s according to a report the National Association of Realtors (NAR) released July 17. The report, “Profile of International Transactions in U.S. Residential Real Estate 2019,” is an annual survey of residential purchases from international buyers. It revealed that foreign buyers purchased $77.9 billion of U.S. existing homes during the 2019 survey period, a 36% drop from
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