June Newsletter
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Write off Travel for your Rental!
Do you travel a lot to collect rent payments, maintain, conserve, and manage your rental properties? If the primary purpose was for any of the above, the expense can be deducted!
START DEDUCTING
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Real Estate Market News
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Undervalued Homes Raise the Housing Market Momentum Source: CNN Consumer confidence is on the rise as many homes in the market are being drastically under-valued. First time homebuyers and investors are being drawn back into the market with bargains, which can later be turned around for profit. Find out which areas are great for investment & which are still highly overvalued. |
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Contract Signings Increase for the Third Consecutive Month
Source: Wall Street Journal An increase in the amount of contracts signed for home purchases is on the up for the third month, in a row. This is said to lead to increased sales of foreclosed & other distressed homes in a month or two from now. How close are you to your next pending sale? |
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Landlord Discovers Rented Property Trashed through Facebook
Source: Telegraph To Carolyn Lorimer’s horror, while browsing Facebook, she witnessed her rental property being destroyed by partying tenants through pictures posted online. Learn the damage caused and hundreds of dollars in cost involved! |
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The Return of the Investor Source: Wall Street Journal Investors are returning to the real estate market in flocks with a single mission, to invest in as many distressed properties as possible. How much return could you be earning? |
Real Estate Finance News
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Fannie Mae Increases Portfolio Allowance from 4 to 10
Source: FloridaToday.com The number of financed properties that an investor can hold has been increased to a whopping ten. No longer are investors faced with having to come up with funds for cash deals. Can this increase help you become a medium-sized investor? |
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When All Else Fails, Refinance!
Source: CNN Rodney Anderson, of Rodney Anderson Lending Services, offers some tips on how homeowners can take advantage of the low mortgage rates. Learn how to successfully refinance your home in today’s market. |
International Real Estate News
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Montenegro: The New Riviera
Source: Telegraph Montenegro was once the hidden hot spot for the likes of Elizabeth Taylor, Sophia Loren and Marilyn Monroe in the 1950s and has now increasingly become the new investment dream. Discover the 3 year old untouched country and its majestic beauty. |
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Housing Market Blues Hits the Global Housing Market
Source: Knight Frank LLP A rise in unemployment and controlled credit conditions lead to a decrease in buyer demand and confidence levels around the world. Out of 46 indexed countries, only 15 reported an increase in growth with Israel being the highest. See which international market is the best to invest in, today. |
