Detroit Landlord Killed Trying to Make a Difference
When Australian real estate investors Greg McNichols started investing in Detroit a few months ago, he wanted to “make a profit and do it the right way,” says one of his former tenants. However,...
View ArticleA New Trend in Renting
According to a report by the Harvard Joint Center for Housing Studies, there are fewer households that actually own the homes in which they live than at any point since 1998[1]. 33.6 percent of...
View ArticleIs the Housing Market Making Unemployment Worse?
If you cannot get out of your house, it makes it pretty hard to relocate for work. As a result, homeowners who are underwater on their homes are finding their options may be limited when it comes to...
View ArticleMortgage Bankers Association and Housing Advocates Team Up to Fight 20...
You are not likely to see the president of the Mortgage Bankers Association (MBA), Dave Stevens and representatives from the National Housing Conference (NHC) and the Center for Responsible Lending...
View ArticleGovernment Considers Removing Foreclosed Homes, Renting Them Out
In an effort to clear out the glut of unsold properties in today’s real estate market and prevent home values from continuing their downward spiral, the Obama administration is considering pulling...
View ArticleNew York City Rental Market Great for Landlords
All over the country real estate investors are getting into rental property, and nowhere does this move make more sense than in New York City. Traditionally the home of the extremely expensive, highly...
View ArticleReal Estate Scam of the Day: Title Fraud Involved in New Rental Real Estate Scam
With the incredible slow-down in the real estate industry, one of the biggest problems for banks, lenders and local governments is the massive volume of paperwork associated with problem properties....
View ArticleFirst-Time Property Investors Getting Involved in the Market
With rents on the rise and property values falling all the time, the real estate market is looking too good to pass up to many first-time investors who had been steering clear of the tumult. More than...
View ArticleHow to Buy Rental Property Now
While a lot of the news on the housing front is pretty dismal, a bright spot in the coverage – for investors, anyway – is definitely the rental real estate market. Rents are rising; vacancy rates are...
View ArticleMERS Mess Update: Delaware AG Files Suit Against MERS
Beau Biden, state attorney general (AG) of Delaware, has filed suit against the Mortgage Electronic Registration System (MERS) for deceptive trade practices[1]. Saying that “real property rights have...
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