Heroic Investing

The Qualified Mortgage Rule May Help Investors

The Qualified Mortgage Rule May Help Investors

The Qualified Mortgage Rule – a piece of the Dodd Frank Act designed to prevent another mortgage meltdown like the one in 2008 – has drawn fire from the mortgage industry and consumer advocates alike. And as we’ve noted before in this space, it offers a mixed message for the housing industry as...

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5 Tips for Success With Student Renters

5 Tips for Success With Student Renters

Renting to students used to be a landlord's worst nightmare. All night parties, police raids and trashed properties made anyone except shadier landlords steer clear of college area renters. But as the rental market continues to heat up and demand for properties increases, renting in college towns to...

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No “Septaper” – What’s Next for Housing?

No “Septaper” – What’s Next for Housing?

The Federal Reserve’s decision to postpone – indefinitely – the planned taper-down of its massive mortgage securities buyup is good news for the hard-hit housing industry the stimulus plan was designed to help. But even as mortgage interest rates will likely remain relatively low for the near future...

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The Fed Stays the Course on the Stimulus – For Now

The Fed Stays the Course on the Stimulus – For Now

Remember “Septaper” – that awful sobriquet for the Federal Reserve’s planned taper down of its asset-buying stimulus plan? After months of hinting that led up to an expected draw down in September 2013, the Fed pulled an about-face, announcing that the plan will roll on at its present levels...

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Online-Only Banking is Growing, But Is It Safe?

Online-Only Banking is Growing, But Is It Safe?

Traditional brick and mortar banks give the appearance of security and stability – and for most people, that’s the only place to leave their money. But a new kind of branchless banking is challenging those assumptions, as online only banking slowly but steadily draws customers away from their local...

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More Americans Ditch Citizenship to Live Abroad

More Americans Ditch Citizenship to Live Abroad

In the first half of 2013, about 1800 people opted to give up US citizenship. In the second half to date, another 1100 or so have turned in their passports. In view of the country’s overall population, that doesn’t seem like much. But compare those numbers to the 932 recorded for all of 2012 and...

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5 Keys to Keeping Good Renters

5 Keys to Keeping Good Renters

Keeping properties rented is the key to building wealth in income property. High turnover in tenants costs money in several ways, from loss of income due to vacancy to the expenditures of preparing a home for rent and advertising for new tenants. In a previous post we brought you a few tips on finding...

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Marijuana Goes Mainstream and Investing Scams Follow

Marijuana Goes Mainstream and Investing Scams Follow

Pot is hot. As attitudes and laws change, marijuana is making news as the Next Big Thing in investing. And as always happens, alongside the legitimate potential for investing in the old hippie favorite come the scam artists, pushing a variety of get rich quick schemes that can snare unwary investors. A...

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5 Ways to Find Good Renters

5 Ways to Find Good Renters

Building wealth with rental property depends on good tenants – stable, long term renters who keep the monthly payments coming and don’t trash the property or create other problems for you and the neighborhood. While it’s easy to just put an ad online or in the paper, though, a landlord/investor...

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This Fall, Housing’s Bright in Austin

This Fall, Housing’s Bright in Austin

Austin, Texas comes alive in the fall. This bustling city is home to music, arts, a busy commercial center – and a robust housing market offering an array of investing opportunities. And this fall, in a little over two weeks, Austin plays host to Jason Hartman’s Austin Executive Property Tour event. Slated...

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