income properties
Tighter Reverse Mortgage Rules Protect Borrowers
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Long marketed to retirees and those heading toward retirement age, reverse mortgages just got harder to negotiate, thanks to new regulations that make those equity-based loans more expensive and harder to get. And the goal, according to the Federal Housing Administration, is to get people to plan retirement...
What Should Kids Learn About Invssting?
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Time was, teaching children how to manage money was as simple as handing them an allowance and helping them to open a savings account when they were old enough. But while that old strategy may have taught kids the value of saving, it didn’t show them much about the power of investing -- or about negotiating...
10 More Quotes for Smart Investing
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A while ago we brought you 7 bits of investing inspiration from leading entrepreneurs, financiers and investors past and present. But those weren’t the only wise words for the investor’s soul. Short and sweet, these comments from people as diverse as a real estate expert, a sports legend, an automotive...
3 Mistakes Investors Still Make
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There’s no shortage of investing advice, designed to guide real-estate investors both experienced and new through the pitfalls of starting -or maintaining - an investing career aimed at building long term wealth. But even in a world filled with investing information, both old hands and newbies still...
The Bitcoin Starts a Life of Crime
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How did the FBI end up with over $3 million in Bitcoins? How did the virtual currency become the medium of choice for transactions on the cybernarcotics site Silk Road? And more important, perhaps – why should we care? The saga of the world’s first digital money continues with the Bitcoin’s first...
The Power of Social Media: Profiles Are People
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If the power and reach of social media in today’s world were ever in doubt, here’s the latest demonstration: a profile on the professional network LinkedIn became the equivalent of a real person in the latest fraud case against perennial defendant Bank of America.
Bank of America as we’ve written...
New Software Helps Lenders Avoid QM Rule Penalties
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To lenders worried about how the Qualified Mortgage Rule will affect mortgage loan liability: never fear, automated assessments are here, as a growing number of software services offer a variety of online tools to help mortgage lenders negotiate the provisions of the QM Rule(s), avoid liability – and...
The Government Shuts Down – What Happens to Housing?
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The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government sponsored programs – including housing-related...
The Qualified Mortgage Rule May Help Investors
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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...
5 Tips for Success With Student Renters
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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...
