Stessa and DoorLoop are both well-regarded property management software solutions. Stessa is a cost-effective option designed specifically for residential rental properties and as of January 2024 is the #1 app…
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Tips, tools, and news for rental investors.
Apartment market to soften in 2024
According to a new report from RealPage, apartment rents have remained flat for the past few months as apartment supply hit record levels. Specifically, apartment supply hit a 36-year high…
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More modular will accelerate housing supply
Robert Dietz of the National Association of Home Builders (NAHB) reports on new home sales, which slowed by 12.2% in November due to high interest rates. Given rates have been…
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2024 will be a buyer’s market, reports
Dana Anderson of Redfin reports this week that listing consults with its agents have risen significantly since rates began to fall. Redfin economists “expect buyers will take advantage of lower…
We will see lower rates in 2024, according to the Fed
Expect rate cuts in 2024, according to experts and the Federal Reserve. Logan Mohtashami of HousingWire comments, “[t]he Federal Reserve played the good grinch for Christmas this year and delivered…
New law would ban Wall Street from buying homes
Jeff Cox of CNBC reported on the most recent November inflation data, highlighting that the consumer price index (CPI) increased only 0.1% in November and was up 3.1% year-over-year. Notably,…
2024 Real Estate Market Predictions
According to the latest data from Freddie Mac, the 30-year fixed rate has dropped to 7.22% from a high of 7.79% in October. Source: Freddie Mac (December 2023) Melissa Dittmann…
Fannie Mae says expect a mild recession in 2024
Fannie Mae released a commentary last week indicating that it expects a recession in 2024, with a rebound coming the following year. The combination of employment gains and a deceleration…
The 6 best TurboTenant alternatives for 2024
TurboTenant is a popular property management software solution for simplifying the daily tasks of managing rental properties. However, TurboTenant has its share of limitations. If you’re seeking greater insight into…