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Thoma Bravo acquires RealPage for $10.2 billion

Housing Wire

Private equity investment firm Thoma Bravo will acquire proptech company RealPage in a transaction valued at approximately $10.2 The transaction, which was unanimously approved by the RealPage board of directors, is expected to close during the second quarter of 2021 and will make RealPage a privately held company.

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Freddie Mac spurs landlords to report on-time rent payments

Housing Wire

The government-sponsored enterprise will provide closing cost credits on multifamily loans for rental landlords who agree to report on-time rental payments through Esusu Financial. Esusu, a credit-building fintech, will deliver the on-time rental payment reports from landlords’ property management software to the credit bureaus.

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How to Buy a Multifamily Property in 10 Steps

The Close

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. The higher the home’s sale price, the higher your closing costs. Figure out the property’s current income and begin estimating your potential income.

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8 Types of Real Estate Investment

The Close

Turnkey Properties Best for: People who like to invest in real estate but want to be more hands-off with property management. A turnkey property is fully renovated and ready to rent out, requiring minimal effort from the owner. The focus is on investment returns derived from property appreciation and rental income.

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Expert Tactics to Drive Profits & Create Value in Property Management

App Folio

Being a property manager is a hustle. We speak with experts about where in a property manager’s operation they can find quick, easy-to-apply improvements that boost profits. Additionally, he is the President and CEO of Velo Residential, a property management company based in the Dallas-Fort Worth region of Texas.

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How to Buy Multiple Rental Properties With Financing Options

The Close

Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. Also, be aware that some lenders have a “seasoning period,” essentially how long you’ve owned or financed the property. Shop around, as some may have lower starting rates.

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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. Build a network of reliable professionals like real estate agents, contractors, and property managers. Don’t stop reading, though. I said it was complicated, not impossible!