Tag Archive
Income Tax Deduction
Income Tax Deduction Be sure to check out the list of common income tax deductions that can be taken by real estate investors and landlords who have residential rental income and expenses. These deductions reduce the amount of net income generated from rental income and in some cases help rental property owners stay in lower income... »
Dayton Firm Provides Remedy for Home Sellers in Slow Market
Property management firm streamlines the process of converting a home to a rental property, handling all the details, from finding qualified tenants and leasing to making repairs and doing yard work »
Homeowners Get Your Home Loan Payments reduced by 30% Today
Homeowners can tap into Payment Reduction Plan (PRP) to get a temporary payment relief while working out the foreclosure prevention program with the lender. The major key benefits of PRP for homeowners are: 1. PRP is available to homeowners who are already in default or at risk of default and do... »
Property Management Lessons From a New Landlord
BusinessWeek editor Chris Palmeri acquired his first residential rental property in March and faced the usual challenges of property management. Many real estate investors especially the ones who own properties far away from where they live hire a property manager so that they sleep well at night. Chris a new do-it-yourself landlord was anxious to... »
3 Tips for Purchasing Real Estate Investment Property in Current Market
Foreclosures and REO’s are bringing many investors out of the woodwork. Some of the new investors who are novices are making many mistakes in selecting and purchasing of undervalued residential real estate. RealtyTimes published an article that discusses a situation where a novice investor purchased a property and outsourced property management to a property manager.... »
Pent up Foreclosures Huge Opportunity to Buy Undervalued Real Estate
RealtyTrac reports that $134 billion in adjustable rate mortages will be resetting to higher interest rates over the next two years. Foreclosure filings rose 23% nationwide in the quarter as compared to the same quarter a year ago. Sequentially the increase was 5% compared to second quarter of this year. The top 5 states for... »
Access Property Management Software anyplace, anytime at lower costs
Software as a Service (Saas) platforms are the fastest growing sector in software industry. Similarly online property management software is being adapted by many property managers and landlords. One of the major advantages of online property management software is lower upfront costs. Property managers and landlords pay monthly or annual software lease costs. Besides lower... »
Demand for REO Pushes Prices Up, What’s driving Real Estate mini-boom?
Prices of non-distressed real estate properties remained level and account for 55% of the total sales volume. 14% are short sales. 31% of purchases were REO properties and the average price of the distressed REO property moved up to $124,500 in September from $106,700 in August. To find out what’s driving this Real Estate mini-boom, ... »
3 Steps to Increasing Property Management Business by Targeting Reluctant Landlords
Due to the slump in the housing market, many property owners are finding themselves in the uncomfortable position of landlord. Many insurance companies are reporting increases in conversion of homeowner insurance policies to landlord policies. Allstate, the nation’s second largest home insurer is reporting 27% increase in conversions. Tim Geithner, Treasury Secretary is the most well... »
Stretch your Dollars by Buying a Dream Foreclosure
Foreclosed properties are very attractive as they can be bought at a discount as most banks and financial institutions will price the properties at 20% to 30% discount. However finding a foreclosure that is a good one can be a challenge. Learn how to find a good foreclosure »
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