What are the benefits of multifamily housing? The main benefit of multifamily housing is that it’s usually more affordable than single-family housing. With the current real estate market as it is, it’s more difficult for people to buy a home and this is especially true for first-time ...
While there are certainly reputable firms thatmay be called upon to complete this serv- ice for you, I, a mere Administrator atBeitler Commercial Realty Services inSherman Oaks, assisted in the process for a number of successful appeals. Hereare a few important notes and tips thatmight save ...
or live elsewhere and rent them all out. The rules forfinancing a multi-family propertyare different depending on whether the owner will live there or not: If you don’t plan to live in your property, you’re considered an investor. You may be able to use the projected rental income fro...
A natural hazard disclosure (NHD) is mandated on the sale of: a) single family residential (SFR) property only. b) all single and multi-family residential property. c) commercial property only. d) all types of property. ...
Although that action is considered to have halted the widespread contagion of bank runs throughout the industry, it also sparked questions about which banks should be considered too big to fail and which depositors should be considered too important to go uninsured....
The affordable housing crisis: what role will the Millennial Housing Commission play? The multifamily housing industry is eagerly awaiting the release of The Millennial Housing Commission's report, which will have a strong effect on rental housing; Cardwell suggests the report won't offer any quick...
On the other hand, high inflation, when housing is considered, could also affect that individual deeply, just in a different way -- for example, they may not be able to move out due to a surge in rental costs, and may not be able to afford to purchase a car because of the rising...
Surviving the credit freeze: despite what has become a severely constricted credit environment, the multifamily housing sector is relatively well positioned, thanks in great part to the significant efforts of Fannie Mae and Freddie Mac to support the apartment market....
Household income, as defined by the U.S. Census Bureau, includes the gross cash income of all people ages 15 years or older occupying the same housing unit, regardless of how they are related, if at all. A single person occupying a dwelling alone is also considered a household.1 ...
Big houses are advertized as a reward for hard work and diligence, turning housing from a basic necessity into a luxury. This is reflected in our homes. The average single-family home built in the United States before 1970 was less than 1,500 square feet in size. By ...