In Uncertain Times, the Columbus Market Holds Steady Just a few short months ago, at the end of 2019, real estate investors talking about Columbus, Ohio, would likely have mentioned the city’s Top 20 ranking as a business-friendly environment, its highly educated workforce, a local government...
Fay Servicing CEO Ed Fay believes every good relationship is long-term and evolutionary When Ed Fay, founder and CEO of Fay Servicing, discusses best practices in mortgage servicing, he likes to talk about the “something old” his company offers customers and clients. “We are about ‘old-fashioned’...
Digital innovations in property management reduce the risk of late payments and chargebacks. Landlords have long required new residents and those with a history of late payments to pay with money orders and cashier’s checks. Both are known as certified funds. Now, with the help of real-time...
How the coronavirus could impact the single-family rental market At the start of 2020, the future was very bright for the single-family rental market. Rental demand was growing, and real estate investors had a clear and immediate opportunity to make money in the coming year. Tight rental inventory...
What that means for real estate investors? There might have been some question about whether the coronavirus would lead the U.S. into a recession. The hoarding of toilet paper makes me think it’s certain. Not because we’ll run out of toilet paper—the U.S. and Canada produce volumes of it—but...
Atlanta-based wealthtech platform GROUNDFLOOR has launched a new program to ensure that capital for residential real estate development continues to flow during the COVID-19 financial crisis. The new program allows investors to earn an additional 4% interest rate bonus for90 days on qualifying...
Yardi has released a software update that allows residential property management companies to manage and track rent deferral payment plans and recoveries. The company fast-tracked the release of the update to allow property managers to accommodate residents impacted by COVID-19. “Helping property...
In late March, the U.S. Court of Appeals for the Federal Circuit upheld the district court’s decision to dismiss the patent lawsuit between Consumer 2.0, Inc. (dba “Rently”) and Tenant Turner, Inc. “We not only defended ourselves from Rently’s misguided patent, but we also defended the property...
Real estate development executive Michael Johnson has launched Raamp REIT (Real estate Asset Acquisition Management Portfolio). Raamp REIT is Arizona’s first exclusively multifamily, real estate crowdfunding platform and asset management company. Raamp REIT is structured as a real estate...
