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Utah's First Quarter 2010 Insight Into Multifamily Applicant Risk

The Multifamily Applicant Risk Index (MAR Index) is published quarterly by First Advantage SafeRent and is now based exclusively on traffic credit quality scores from their statistical screening model (ScorePLUS®). This quarterly report provides property owners and managers in Utah with a benchmark with which to compare their portfolio’s performance. The first quarter national MAR Index, including studios, one-, two-, three- and four-bedroom units, was 98.

Here is how Salt Lake City-Ogden, UT performed in the first quarter compared to last year:

Foreclosure Redevelopment Funds Available For Multi-family Affordable Housing Projects

Denver Office of Economic Development now accepting applications for Neighborhood Stabilization Program 2 projects

The Denver Office of Economic Development announces the availability of $12,095,000 in foreclosure redevelopment funds to affordable housing developers. OED is now accepting loan applications for the redevelopment of foreclosed multi-family properties in Denver through the Neighborhood Stabilization Program 2 (NSP2).

Increasing Attendance at Events

Whether it’s the annual resident barbeque or watching a baseball game, attendance from residents can make or break an event. Poor attendance is not only a result of planning the event but also improperly promoting it. Here are some tips to increase attendance and run your event smoothly:

Make a Date:
The fewer competing events, the more likely people will make time for yours. Before setting the date for an event check local and city calendars to avoid conflicts.

Get Noticed:

Many Federal Loan Programs Are Available For Multifamily Residences

Within the federal government, several agencies are committed to providing lending support for multifamily rental properties. Among them are FNMA, FHLMC, and HUD.
Federal National Mortgage Association (FNMA): Founded in 1938 during the Great

7 Reasons Real Estate Investment Property Values Drop

Money, of course, is the primary motive for real estate investing. Wealth is the essential reason why people invest in real estate, and typically the first thing people think of when they consider owning investment real estate is profitability.

Landlord's Insurance

"It feels so unjust. You own a property, you let it to someone on the promise of a fair rent, and they don't pay up. More often than not, you will have a mortgage to pay, and the lender expects its monthly installments. It feels like the property owner takes all the risks. Surely my insurance broker will be able to find a way to mitigate the risk of arrears with insurance."

Five Ways to Increase the Value of Your Commercial Real Estate Property

As you are thinking about purchasing commercial real estate, it's important to know that there are things that you can do to enhance and increase the value of your investment. As such, when you search for a commercial property, look at the property's potential in addition to its historical data.

How to Protect Yourself During a Lease

Many clients who rent out their property ask about other effective ways to properly protect themselves. Aside from having a copy of the written lease, there are some factors that they have to consider.