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Renting Out Your Home? Think Like a Landlord

Renting Out Your Home? Think Like a Landlord


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For many people, the first foray into creating income from real estate comes from renting out a home they already own. Life changes and economic conditions can quickly turn homeowners into landlords. But making that shift successfully requires re-thinking your role and your relationship to the property. Change...

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Three Strikes Laws Force Landlords to Evict

Three Strikes Laws Force Landlords to Evict


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In a previous post we brought you news of the growing trend of nuisance ordinances and “landlord 911” laws being enact4ed by communities nationwide in an effort to curb neighborhood crime - and how those laws force landlords into taking on additional burdens - including the job of law enforcement...

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Nusance Ordinances Harm Landlords – and Tenants

Nusance Ordinances Harm Landlords – and Tenants


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Across the country, communities small and large have enacted ordinances aimed at combating neighborhood crime. Under names like “nuisance ordinances” or “landlord 911 laws,” these local laws are now facing legal challenges because of the harm they can cause to both property owners and their tenants. Anti-...

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Online Auctions: Buyer Beware?

Online Auctions: Buyer Beware?


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It’s one thing to buy vintage baseball cards or a new bicycle through an online auction, but – houses? Over half the real estate transactions conducted today involve the Internet in some way, from posting a listing to texting an agent. Now, online auctions can make it easy to close a deal on an investment...

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Tighter Reverse Mortgage Rules Protect Borrowers

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...

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5 Tips for Success With Student Renters

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...

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Home Equity: Not as Secure As It Seems?

Home Equity: Not as Secure As It Seems?


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The story flies in the face of conventional wisdom about home ownership. A Washington DC homeowner loses his fully paid for home— with all its accumulated equity – all because of an unpaid property tax bill totaling just $134. That’s the world of tax lien sales –a not always scrupulous avenue...

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Is Housing Headed for Another Crash?

Is Housing Headed for Another Crash?


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The advent of “Septaper” – the Federal Reserve’s September taper down of its stimulus plan –- seems to send a vote of confidence about the long awaited recovery of the housing market. But some market observers and economists worry that the recovery may not be as solid as it seems – and that...

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7 Quotes for Long Term Investing Success

7 Quotes for Long Term Investing Success


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The best words of wisdom on investing and finance are ageless – and they speak to the enduring truths about what’s important for success. From Mark Twain to Warren Buffet, market watchers from vastly different perspectives point out again and again that building wealth through investing is a long-term...

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Can Cities Seize Homes From Struggling Owners?

Can Cities Seize Homes From Struggling Owners?


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In a move reminiscent of feudal days, a California city is making a novel move on struggling homeowners that could affect the mortgage lending industry all over the country. In an effort to reduce the number of foreclosures in town, Richmond, CA is using its right of eminent domain to seize these “underwater”...

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