Heroic Investing

rental property

Landlords Need to Know Disability Laws

Landlords Need to Know Disability Laws

Keeping things running smoothly in residential real estate depends partly on knowing local, state and federal laws relating to landlords and tenants. A property owner’s efforts to screen out problem tenants and keep the property in tip top shape can collide with those laws in unexpected ways. Case...

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Homeowner Costs Create More Renters

Homeowner Costs Create More Renters

For decades, the promise of homeownership has been part of the “American Dream.” But these days, more and more Americans are dreaming a different dream, one in which owning a home no longer plays a part. As a new report from the Wall Street Journal points out, homeownership may not be the most economical...

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Pet Policies Boost Income and Save Landlord Headaches

Pet Policies Boost Income and Save Landlord Headaches

People love their pets. And renting to people with animals creates an additional income stream for rental property investors in the form of pet deposits. But in order to avoid the many headaches that can come with pet issues in rental housing, landlords need to know the law – and know their limits. Not...

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Professional Inspections Save Investments

Professional Inspections Save Investments

Income property is a long-term strategy for building wealth, as Jason Hartman always says. And while it may be tempting to jump right in and snap up a promising property, it pays to start off on the right foot by exercising some caution and getting the property professionally inspected. If you’re...

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Renting Out Your Home? Think Like a Landlord

Renting Out Your Home? Think Like a Landlord

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

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

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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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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Home Security: Keeping Your Investments Safe

Home Security: Keeping Your Investments Safe

Break-ins, burglaries and vandalism plague cities both large and smale, and new statistics show that one in four home invasions happens when someone is at home. Keeping rental properties secure is a priority for both renters and landlords – and keeping those issues clear can save money, time and even...

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