Real Estate
12 articles
I have many friends who firmly believe that landlords do not give security deposits back at all, or that they will do just about anything to keep however much they can. While I’m sure that slumlords do exist in this world, as a former property manager, I can tell you that most good landlords want
Most landlords don’t think highly of the Section 8 housing program. Over the years, I’ve heard dozens of myths about it. Landlords see it as a hassle; they think the housing authority will breathe down their neck, or they believe they’ll get awful tenants. The truth of the matter is that the Section 8 program
With a good tenant, you can sleep easy at night as a landlord knowing the rent will get paid and the property will stay relatively undamaged. With a bad tenant, on the other hand, you’re left to wonder about the state of your investment while fielding calls from angry neighbors. The problem is that any
Finding the perfect apartment for rent can be a lengthy, time-consuming process. When I first started renting, I drove by every apartment complex in an area, requested a pamphlet, and repeated the entire process for other areas. Then I picked up the print version of Apartment Guide and a newspaper, headed home, and tried to
Despite your best efforts to build a good relationship with your tenant, sometimes the relationship goes sour. Even if you’re a good landlord, you’ll probably have to go through the eviction process at least once in your career. Maybe a tenant didn’t pay the rent, maybe he’s disrupting the other tenants, or maybe she’s damaged
Starting a property management company is a tough business, plain and simple. Landlords deal with the problems of tenants who call to complain constantly, tenants who don’t pay their rent, and what can seem like endless, high dollar property repairs. Buying rental property and becoming a landlord comes with a lot of stress and responsibilities, and
If you or your parents are “house-rich” but cash-poor, a reverse mortgage could solve several cash flow problems for you. But they don’t make sense for everyone and come with some downsides. Learn what a reverse mortgage (HECM) is, how it works, and the pros and cons of a reverse mortgage loan.
As a real estate investor and real estate entrepreneur, I’m a great believer in direct real estate ownership. But it’s not for everyone. It’s hard to buy an investment property if you have less than $1,000 to invest, for example. Even if you’re approved for a low-down-payment mortgage, you still need to pull together thousands
You have several options to pull equity from your home, the two most common being home equity loans (second mortgages) and home equity lines of credit (HELOCs). Like any other debt, each of these come with their own risks and advantages. Here’s what you need to know about home equity loans and HELOCs before signing on the dotted line for additional debt.
According to Business Insider, Americans blow an average of 37% of their after-tax income on one expense: housing. Imagine what you could do with all that extra money if you no longer had to pay for housing. Fortunately, with great cost comes great opportunity to save. Housing is one of the many things you can
Real estate comes with incredible benefits for investors. As a source of passive income, it never dries up or matures, but instead provides ongoing income with no loss of assets. In fact, the underlying asset appreciates over time, even as you pay down the mortgage against it. That makes real estate investment an excellent source
Quick, name three ways to invest in real estate. You probably jumped straight to real estate investment trusts (REITs), long-term rental properties purchased through a company like Roofstock, and short-term house flipping. These are all reasonable strategies, and ones that I’ve used myself over the years. But just because they’re the most popular options, that doesn’t
Trending stories
Explore Invest Money
You’re saving it. Now put it to work for your future.