Opportunity Knocks with Property Management

Posted: May 16th, 2012 | Author: | Filed under: Property Management | Tags: , , , , , , , , , | No Comments »

Many agents across the country are experiencing strong and stable sales. For others, the market is more uncertain. And if the recent economic situation of the last couple of years has taught us anything, it’s reinforced that old adage: You shouldn’t put all of your eggs in one basket.

One solution that agents all… Continue reading


 

Now Is The Time To “Recession-Proof” Rental Properties…

Posted: May 14th, 2012 | Author: | Filed under: Housing Market, Investing, Property Management, Rental | Tags: , , , , , , , , | 1 Comment »

With continued talk of a down-turn in the economy, the Fed keeping interest rates low and first-time home buyers buying new homes at record rates, rental property owners should be employing any and all means possible to “recession-proof” their investments in real estate.

1. Revamp your application process….clean up/update rental application… Continue reading


 

ZingPM Question of the Day – Where can you find fixer-uppers?

Posted: May 9th, 2012 | Author: | Filed under: Investing, Rental, Smart Investing | Tags: , , , , , , , , , | No Comments »

They are literally everywhere, even in wealthy enclaves. What sets them apart is price. They have lower market value than other houses in the immediate area because they have either been poorly maintained or abandoned.

To determine if a property that interests you is a wise investment will require a lot of work. You will need

 

Home Finance Delinquencies at Three-Year Low

Posted: May 7th, 2012 | Author: | Filed under: Housing Market, Residential | Tags: , , , , , , , , , , | No Comments »

Total delinquent first mortgage balances were under $500 billion as of this past March, the lowest since January 2009. Also, as of March 2012 there were a total of 49.5 million outstanding first mortgages, nearly an 11 percent decrease from the peak of more than 55 million in March 2008.

This is the… Continue reading


 

Rented – Sight Unseen

Posted: May 2nd, 2012 | Author: | Filed under: Property Management, Rental | Tags: , , , , , , , , , | No Comments »

A property manager returned from a trip in September and found a letter on her desk from a brand new tenant accusing her of fraud and misrepresentation. He was complaining that the garage in the house he had leased “sight unseen” did not have a double car garage “big enough” for his large… Continue reading


 

Just where do they live?

Posted: April 30th, 2012 | Author: | Filed under: Property Management, Rental | Tags: , , , , , , , , , | No Comments »

Where do criminals live?  Not the Enron-type criminals, but the ordinary, run-of-the-mill robbers and stealers, the drug dealers, the burglars.  I will go way out on a limb and venture to guess that better than 99 percent of them don’t own their own homes. That means that they live in rental housing.

How do… Continue reading


 

Are You a Renter? Some Things to Consider

Posted: April 24th, 2012 | Author: | Filed under: Foreclosure, Rental | Tags: , , , , , , , , | No Comments »

Since the rental market is expected to thrive in 2012 with more homeowners either being forced to consider renting, or renting out their space, we checked in with Jessica Bosari, a writer for LowIncomeApartmentFinder.com, for some advice.

How do renters help protect themselves from landlords whose property goes, or is… Continue reading


 

HARP 2.0 to Provide Underwater Homeowners a Lifeline

Posted: April 17th, 2012 | Author: | Filed under: Foreclosure, Housing Market, Smart Investing | Tags: , , , , , , , , , , , | No Comments »

While underwater homeowners may still be a common theme today, the government recently enacted a new Home Affordable Refinance Program to help eligible participants pay down the principal on their home mortgage loan without having to pay mortgage insurance.

The new HARP 2.0 Refinance Program was made available to U.S. homeowners as of March… Continue reading


 

Last-Minute Filers: 5 Common Mistakes to Avoid When Filing Your Tax Return

Posted: April 12th, 2012 | Author: | Filed under: Investing, Smart Investing | Tags: , , , , , , , , , | No Comments »

With just a few days left until the April 17 deadline, it is getting down to crunch time for taxpayers who have yet to file their 2011 tax returns. As Tax Day approaches, Jackson Hewitt Tax Service® is reminding last-minute filers of the most common mistakes to avoid when filing their tax… Continue reading


 

When selling becomes clear for your investment property

Posted: April 9th, 2012 | Author: | Filed under: Housing Market, Investing, Rental, Smart Investing | Tags: , , , , , , , , , , , | No Comments »

There comes a time during the course of any real estate investment when it becomes clear that selling off the property is the best course. When that time comes, getting the most out of your piece of real estate is crucial to seeing the big payoff at the end of the… Continue reading