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Redfin makes its big rental play with RentPath acquisition

Housing Wire

Seattle-based Redfin has agreed to pay $608 million in cash to acquire RentPath , though the deal still requires sign-off by the Federal Trade Commission and a bankruptcy court. Despite RentPath’s baggage, namely a $650 million bankruptcy restructuring , Redfin sees big traffic and lead-generation potential with the pending acquisition.

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Redfin-owned firm RentPath names new CEO

Housing Wire

Ziglar will oversee the integration of RentPath’s rental listings onto Redfin’s main site, while working with both property managers and consumers, according to Glenn Kelman, Redfin’s CEO. RentPath , a Redfin company, has appointed former ParkMobile CEO Jon Ziglar as chief executive officer, effective August 16.

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DoorLoop Review: Is It Right for Managing Your Rental Property?

The Close

DoorLoop is a popular property management and rent payment software, earning a rating of 4.07 It is an all-in-one software for investors, landlords, and property managers to manage one property or entire portfolios from one convenient platform. Expert score 3.8 General features 5.0 Advanced features 4.0

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How to Evict a Tenant in 7 Steps (+ Free Eviction Notices)

The Close

However, eviction is sometimes necessary to protect your property and avoid legal headaches. Whether its unpaid rent or property damage, knowing how to evict a tenant involves understanding eviction laws, processes, and effective communication. Without evidence, proving your case is more complicated and could delay eviction.

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Most Brokerages Have Zero Counter-Cyclical Hedge

Notorious ROB

With the enormous amount of money they were making, they made significant investments into rental properties. This will be a quick one. Just had lunch with a friend and client who has been a broker for decades. We got to talking about what we both think is headed our way in the next several quarters. Things go up, then things go down.

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Redfin to acquire RentPath for its apartment listings

Realty Biz

RentPath is the owner of several property websites, including ApartmentGuide.com, Rent.com, and Rentals.com. Redfin said it will pay $608 million in cash to acquire RentPath, which filed for bankruptcy in February 2020. If the deal goes ahead, it will enable RentPath to exit the Chapter 11 bankruptcy proceedings.

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How to Sell My House Fast in Des Moines: Cash Offer Options

HomeLight

Financial difficulties: Financial challenges such as foreclosure or bankruptcy may require you to sell your home quickly to alleviate financial stress. Inherited property: Managing an inherited home can be overwhelming, prompting many to opt for a quick sale. Receive your offer in 24 hours and close in as few as 10 days.