Posted 24 weeks 19 hours ago by Catherine Shaffer
Personal Finance, Making Extra Cash, Entrepreneurship, Real Estate and Housing, Investment
The truth is that rents sometimes do not cover the monthly costs of owning the rental home, so how is it that these real estate gurus make their money? A lot of people think that it must involve unfair tactics, such as buying investment property at below-market rates from gullible elderly people, but there can't possibly be enough gullible elderly people to keep the whole industry going.
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Posted 24 weeks 4 days ago by Catherine Shaffer
Personal Finance, Making Extra Cash, Entrepreneurship, Real Estate and Housing, Investment
With dropping home prices, a long term investment in real estate is looking pretty attractive. Whether you want to buy rental property outright, or renting is your plan B when your house doesn't sell, the most important thing you need to think about before you become a landlord or landlady is risk. The concept of risk in renting property tends to draw blank stares. After all, you have insurance on the property. You have a lease. What's the problem?
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The Consumerist recently phoned in a performance with their advice to someone who was looking for help in dealing with a landlord. The landlord was inventing cleaning charges and keeping more of the writer's security deposit than necessary.
We've all been there before, I'm sure. And most of us tend to throw up our hands and let landlord have the damn money, because the amount seems like it just isn't worth fighting over.
From The Consumerist:
Continue reading "20 Tips for Getting Your Security Deposit Back"
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