ATTOM Data Solutions’ Year-End 2019 U.S. Home Sales Report shows that home sellers nationwide in 2019 realized a home price gain of $65,500 on the typical sale, up from $58,100 last year and up from $50,027 two years ago. The latest profit figure, based on median purchase and resale prices, marked the highest level in the U.S. since 2006. That $65,500 typical home seller profit represented a 34% return on
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FCO’s 10 debt collection best practices for rental property managers Even in today’s healthy economy, the residential rent receivables that are written off as uncollectible remain at high levels. According to the National Apartment Association’s 2019 Income and Expense Survey, rents and damages sent for collections range from $79 to $103 per unit per year—or 0.5%-0.8% of Gross Potential Rent, depending on property type. Renters’ debt disputes are more complex
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A Closer Look at the Charm City’s Persistently Resurgent Real Estate Market Baltimore, Maryland, has long been a city of contradictions. Simultaneously holding positions on national “top 10” lists for “new tech hot spots” (Forbes), “top 10 U.S. foodie cities” (Yelp), “best places to live” (Livability), and “most dangerous U.S. cities,” part of the Charm City’s charm seems to be an incorrigible contrarianism. That is great news for its real
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Fred Lewis and Real Investor Roundtable measure their success by yours. When Fred Lewis founded Dominion Group in 2002, he was mainly interested in lending money to real estate investors and acquiring properties. “Our company focused mainly on providing acquisition and construction funds to investors acquiring rentals and doing fix-and-flip transactions, but I quickly also got into buying my own investment properties as well. That was a very opportunistic time
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Eddie Speed’s creative real estate strategies stand the test of time. Eddie Speed, founder of the educational company NoteSchool and owner and president of Colonial Funding Group LLC, has been a leader in the real estate-secured note business for nearly 40 years. Throughout those decades, he has become known for his take-no-prisoners honesty and relentless strategic creativity. He leverages both on behalf of students and investors who are focused on
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The sector appears well-positioned to become an even more important option in the coming decade. As we enter a new decade, housing observers across the country are making predictions for what the next 10 years will bring. With structural factors like the shortage of affordable housing and high rental demand continuing to shape markets large and small, one sector that is poised to continue its momentum in the 2020s is
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