Tag: income property
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Eminent Domain Seizures Threaten Mortgage Lending
Every state has the right of eminent domain – the legal right to seize private property for the public good. Cities generally exercise those rights for things like building roads or schools. But one California city is using its eminent domain rights to seize homes in danger of foreclosure –with potential repercussions for the mortgage…
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Is Retirement Hazardous To Your Health?
The conventional picture of retirement – a time when there’s no clock to punch and the days are filled with hobbies and family – has been the holy grail of the American workplace for decades. But a slumping economy and changing workplace realities are forcing many would be retirees to keep working, or start new…
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Don’t Skip The Home Office Deduction
It’s the age of the entrepreneur. Economic hardships, job dissatisfaction and a desire to take charge of their own financial future are among the reasons why more people than ever before are creating businesses and launching investing ventures from home. That means creating a workspace at home – and while home office expenses are easily…
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Short Term Renters Try Communities Before They Buy
The new wave of American retirees is challenging traditional thinking about housing in retirement. The stereotype of the old folks serenely sitting on the porch of the house they’ve owed for forty years has given way to a new kind of retiree – restless, peripatetic and often inclined to abandon the old homestead for a…
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Well-Crafted Agreements Prevent Legal Woes
Court dockets across the country are jammed with cases large and small that hinge on loopholes in legal agreements and contracts. For income property investors, loopholes and omissions in leases and rental agreements can cause a myriad of problems that can jeopardize the investment – and potentially land both investor and tenant in one of…
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Protection Pays: Making the Most of Insurance
Dancers insure their legs and singers insure their vocal cords. Almost anything can be insured against loss, to the point of absurdity – and the insurance industry is happy to make money off people’s greatest fears. But the right insurance can save money – even it it’s never used. And for investors looking to make…
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More Lawsuits Reveal Lending Industry Fraud
Second verse, same as the first. Since the housing collapse of 2008 brought to light misleading, fraudulent and downright illegal tactics by the country’s major lenders, lawsuit after lawsuit has been filed by both government and private entities against these megabanks. But in spite of all efforts to clean up the dirty side of mortgage…
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Do New Employment Numbers Mean the Return of Stagflation?
Stagflation – that ugly combination of stagnation and inflation – was a buzzword coined in the dark economic times of the seventies and rarely heard since. But according to a new report from The Street, even though today’s employment numbers appear to hint at a modest upswing in the economic recovery, a closer look suggests…
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Top 5 Real Estate Scams: Old Tricks, New Tools
Scam artists flourish in desperate times. And for many people, the years following the housing collapse of 2008 have been pretty desperate, thanks to a weak economy and bleak job outlook. The resulting turmoil in the housing market has opened new doors for scammers and schemers taking advantage of new tools to target victims at…
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Cash for Real Estate May Not Be a Bargain
Even as housing prices are continuing to rise around the country, some houses are going up for sale for unimaginably low prices – $1,000, $500 and even a dollar. But even those stunt prices don’t alter the fact that paying cash for a quick buy on a cheap property may end up yielding less than…