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When Cheap is Not Cheap: How to Choose Your Cabinets

Community of Real Estate Entrepreneurs

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Cabinets account for a large percentage of remodeling budgets. Flippers, landlords, and homeowners, often focus on price during kitchen renovations.  Although cabinets made of different materials might look the same on the outside, what the cabinet is made from and how it is constructed, can have long-lasting implications, impacting not only aesthetics, but durability, environmental footprint and ultimate cost.

The least expensive cabinets are generally made of medium density fibreboard, MDF, an engineered product is made by breaking down hardwood and softwood residuals into fine particles, combining them with resin and wax, then applying heat and pressure.

There are several disadvantages to MDF.  Water absorption is one. MDF soaks up water like a sponge. If exposed to damp or humid environments, it can swell, losing structural integrity resulting in sagging,

MDF’s fine particles also make it difficult for screws to hold, cracking or splitting when screwed into the edge of the board. Although MDF’s smooth surface is good for painting and finishing, veneered or laminated MDF products are prone to chipping around the edges
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Families Flourish "PARTICIPATING LANDLORD PROGRAM"

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The Families Flourish Program, (FFP), includes a mobility component to move families into neighborhoods and school districts that assist in a families’ specific career and educational development. FFP needs participating landlords who accept a subsidy as a part of the full market rate rent. This enables families to advance in their careers, create stability for the family through things like increased savings for college and aid minor children with superior educational opportunities. The subsidies continue for three years.  This is a successful program in Columbus, Ohio and is being expanded into the Miami Valley Region. 

Click HERE for a PDF version of the Participating Landlord Program.

Families Flourish Program info

Families Flourish Program info additional


City of Middletown Water Utility Update

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 On Facebook today, the City of Middletown announced the following update to water utility billing, illustrating the need to focus on current Ohio water utility legislation:

Important Water and Sewer Update! 📣

The City of Middletown Water and Sewer Rules and Regulations are in the process of being updated. The updated rules and regulations will go into effect April 1st, 2025. Some key changes to take note of are:

• All water accounts will remain in the property owner's name. Tenants will no longer be able to sign up for a water account. Any account that is currently in a tenant’s name will remain active until the account is closed.
• The service fee will be increasing to $50.00.
• Deposits will be increasing to $300.00.

A copy of the Water and Sewer Rules and Regulations can be found on the city website at cityofmiddletown.org/254/water-services.


Coporate Transparency Act Flip-Flopping Finally Resolved???

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PRESS RELEASE FROM THE TREASURY DEPARTMENT REGARDING CTA:

March 2, 2025

The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines, but it will further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the forthcoming rule changes take effect either. The Treasury Department will further be issuing a proposed rulemaking that will narrow the scope of the rule to foreign reporting companies only. Treasury takes this step in the interest of supporting hard-working American taxpayers and small businesses and ensuring that the rule is appropriately tailored to advance the public interest.

“This is a victory for common sense,” said U.S. Secretary of the Treasury Scott Bessent.  “Today’s action is part of President Trump’s bold agenda to unleash American prosperity by reining in burdensome regulations, in particular for small businesses that are the backbone of the American economy.”


ICE Mortgage Monitor – February 2025

Utah Real Estate Investors Association

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According to the latest ICE Mortgage Monitor, foreclosure starts hit an 11-month high, but remain below pre-pandemic levels.  In addition, the number of homes for sale in 2024 increased 22% leaving for-sale inventory at its best level since mid-2020.  The ICE Mortgage Monitor provides a view of the current mortgage market, including loan-level performance, home price trends data, secondary market metrics and public records.

“While the share of homeowners past due on mortgage payments remains low by historical standards, we expect mortgage performance to become a growing topic of conversation in 2025, especially among FHA and VA mortgages.”

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Yardi Says Multifamily Rents Off to Positive Start in 2025

Utah Real Estate Investors Association

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According to the latest Yardi Matrix Multifamily Report, multifamily rents are off to a positive start for 2025 with the average U.S. advertised rent increasing $3 nationally in January to $1,746. Year-over-year rent growth was up 20 basis points to 0.8%.

“Multifamily got the year rolling in a positive direction, with rents in January breaking a six-month negative growth streak….[HOWEVER]…One of the questions the industry faces in 2025 is whether demand will repeat 2024’s red-hot level.”

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Office to Apartment Conversions Seeing Record-Breaking Numbers

Utah Real Estate Investors Association

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Rentcafe says office-to-apartment conversions are surging in popularity and predict that 2025 will reach a record-breaking milestone of almost 71k units in the pipeline.  In addition they this trend reflects a shift toward sustainable, community-focused urban spaces that cater to the evolving lifestyles and priorities of modern American cities.  Indeed…

“While the volume of office-to-apartments conversions is growing, indicating increased interest in this type of retrofitting, the carryover of pending projects from one year to another is quite large. This suggests that other factors like conversion feasibility, construction costs, and local incentives come into play.”

Some key points:

  • The number of apartments set to be converted from office spaces has skyrocketed from 23,100 in 2022 to a record-breaking 70,700 in 2025.
  • Office conversions now make up almost 42% of apartments in future adaptive reuse projects.
  • Adaptive reuse of newer buildings (built between the 1990s and 2010s) is on the rise.

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Are Aging Baby Boomers About to Rekindle the Senior-Housing Market?

Utah Real Estate Investors Association

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The Wall Street Journal (reposted on Realtor.com) says aging baby boomers are about to rekindle the senior housing market.  They say that while senior housing has been one of the biggest disappointments for commercial real-estate investors, thanks to millions of aging baby boomers, that may be about to change.  In fact, they point out that the oldest of the baby boomers turn 80 in less than a year.

The sector is expected to move from its former glut to a shortage in the next five years. More than 560,000 new units are needed to meet all the demand by 2030, but only 191,000 will be added at current development rates, according to data service NIC MAP.

“We’ve never had a population pyramid that looks like this,” said Arick Morton, chief executive of NIC MAP. “The senior housing industry would need to develop twice as many units as it has ever developed in any single calendar year every year to keep up.”

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How to Avoid Costly Contractor Mistakes: Lessons

Community of Real Estate Entrepreneurs

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Scope of Work: The Foundation of a Successful Rehab

“The scope of work is bigger than anybody understands, If you don’t get it right, your project will go off the rails.”

A detailed, clear scope of work ensures that contractors know exactly what needs to be done and eliminates any “I thought it would look better this way” surprises. Here’s what Ray emphasizes when creating a scope of work:

✔ List Everything: Every task, material, and finish should be outlined in detail. “If you don’t specify the grout color, don’t be surprised when your contractor picks something crazy.”

✔ Time Estimates: Define how long each part of the project should take. If a job should take 45 minutes, and your contractor thinks it’s a full-day job, that’s a red flag.

✔ Material Costs: Have a rough esti
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FREE 7-part Fair Housing training series

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Unlock your path to fair housing knowledge—it's free! Discover our comprehensive course lineup today!!

FREE 7-part Fair Housing training series featuring Attorney Mark Zinman to help set you up for success.

Course Content

Part 1 - History - Fair Housing Laws are more than just words; they have a deep, rich history. Knowing our country's history is crucial in understanding the “why” and “where” of today’s critical laws. In this part of your training, you will learn the complex history of the Fair Housing Act and the context in which fair housing laws were born into existence.

Part 2 - Overview - Moving from history into our modern day, you will learn the main points of fair housing law, including how the local, state, and federal laws apply, any applicable exceptions. This section provides a general introduction to the protected classes, along with the many protections offered by fair housing laws

Part 3 - Disability - Discrimination based fair housing complaints are statistically the most common type of complaint filed. When interacting with a person with disability there are specific, additional nuances that do not apply to the other protected classes, including granting reasonable a
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