Airbnb posts first profitable Q1 as revenue climbs to $1.8B

The short-term rental platform has doubled in size since the start of the pandemic as the number of rentable homes increased by 18 percent from last year, according to earnings data released Tuesday. Continue reading

Miami Beach formally recognizes Pacaso’s co-ownership model

Miami Beach officials passed an ordinance that approves co-ownership but requires the presence of a local property manager as well as adherence to a code of conduct, it was announced in April. Continue reading

What can landlords look for when screening tenants for a rental?

An ineffective screening process can fail to block a potential threat to an investment property, experts told Inman. Here’s a few more screening tips landlords might want to consider. Continue reading

Vrbo parent Expedia Group posts Q1 revenue gains as losses widen

Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145 million in the first three months of the year, according to an earnings call on Thursday afternoon. Continue reading

Market slowdown is ‘chipping away’ at homeowner wealth: Attom

The share of homes that were worth at least 50 percent more than their mortgage fell for the second straight quarter. Still, there are few homes facing foreclosure, according to the latest report from Attom. Continue reading

How to use real estate tax credits to boost your investment returns

Real estate tax credits are incentives provided by governments and municipalities to encourage investment in certain types of real estate projects. Here’s how to take advantage. Continue reading

What should landlords do — or not do — when tenants are late on rent?

Should investment property owners be lenient with overdue rent payments? When should landlords start the eviction process? Experts share tips on how to deal with delinquent tenants. Continue reading

The market where rents rise faster than even New York

As uncomfortable as New York City’s rent hikes feel to many tenants now, they don’t compare to the soaring prices of Singapore’s prime rental market, The Wall Street Journal reported. Continue reading