LeaseRunner Blog

Help Us Improve LeaseRunner

Posted April 17th, 2012 No Comments

The Last 9 Months Since LeaseRunner launched in public beta last summer, we carefully listened to your suggestions and implemented many useful features. Now we can’t imagine LeaseRunner without them. Thank you for your feedback! You Hold the Key! Now that you have used LeaseRunner, we want you to tell us what features help you […]

March Data Confirm Housing Slump Continues

Posted March 28th, 2012 No Comments

Three recent news articles confirm that the housing slump continues, and one can infer that the rental market should remain strong for the foreseeable future. This news clashes with recent sentiment that the housing market has bottomed. Gary Shilling states that the bullishness is ridiculous and home prices could drop another 20%: http://www.businessinsider.com/gary-shilling-stocks-and-houses-are-headed-for-a-fall-2012-3 Yale Professor […]

Details about Scheduled Maintenance – Sun 3/4/2012

Posted March 2nd, 2012 No Comments

LeaseRunner will be undergoing scheduled maintenance from 10 AM to 12 PM (MT). During these two hours, LeaseRunner will be unavailable. We apologize for the inconvenience. LeaseRunner’s user base is growing very quickly, and the planned updates will provide all users with a better experience. If you are experiencing any issues after 12 PM (MT), […]

A Great Shortcut for Pricing Investment Properties

Posted March 1st, 2012 No Comments

Here is an easy shortcut for pricing whether it makes sense to buy a single-family home as a rental property. Investors can use this shortcut to judge potential acquisitions, and brokers can use it to find attractive properties on behalf of their clients. The 10% Rule Simply take the annual gross rent and divide it […]

Are Falling Gasoline Deliveries Due to LeaseRunner?

Posted February 13th, 2012 1 Comment

Landlords and real estate brokers all over the country are adopting LeaseRunner’s paperless process for tenant screening, leasing, and rent collection. While LeaseRunner is growing, the amount of gasoline delivered to retail stations is falling. Americans are using less gasoline. Could LeaseRunner be responsible for the decline? Let’s examine the savings. Save Time, Gas, and […]

Do Millennials Value Home Ownership?

Posted February 10th, 2012 No Comments

The Great Recession has not been kind to millennials, young adults who are broadly defined as those 18-34 year of age. High unemployment, high student loan and credit card debt, and low wages plague this demographic. The Pew Research Center recently polled this demographic. Here are some of its fascinating findings. Millennials Are Strapped Eighty […]

Need a Loan? Know the Rules of the Game.

Posted February 2nd, 2012 1 Comment

Need a loan? Knowing how banks scrutinize loan applications will improve your chances of success. Here are the 6 Cs of credit analysis. Capacity Capacity is cash flow, or the ability to pay principal and interest when due. While banks do look at your prior credit history, what they really want to see is the […]

5 Pitfalls A National Mortgage Plan Must Avoid

Posted January 25th, 2012 1 Comment

In his State of the Union address last night, President Obama proposed a national mortgage refinance program designed to cut red tape and save the average homeowner about $3,000 per year. The President offered few details about the plan, except that the interest rate would be historically low, loan-to-value would not be a limiting factor, […]

Could Home Ownership Soon Be Cheaper Than Renting?

Posted January 24th, 2012 2 Comments

MSNBC posted an excellent article that summarizes the economic costs of home ownership vs. renting: Home Buying Could Soon Be Renting. However, the graph excludes some significant costs of home ownership. The risks in some of these excluded costs are prohibiting increased home sales and prices.   Monthly Cost of Renting Monthly Cost of Home […]

7 Economic Indicators to Watch

Posted January 19th, 2012 No Comments

Real estate is considered a lagging economic indicator, since real estate activity is a derivative of the commerce in a local area. So what economic indicators foretell an uptick in real estate prices? Let’s explore a few that matter to Main Street in 2012. The classic leading economic indicators (LEI) are perhaps too far removed […]