January 9th, 2008
Boosting affordable housing in Atlanta
Even during the height of the long-gone housing boom, analysts had a concern: Was housing becoming too expensive?
Even during the height of the long-gone housing boom, analysts had a concern: Was housing becoming too expensive?
Apartments.com, a Web site that helps renters find apartments across the country, reported that 58 percent of respondents to its recent survey said they did not have renters insurance. At the same time, more than 70 percent of respondents who didn’t have this insurance said that they believed carrying renters insurance would improve their peace of mind.
Something new is happening now: The homeownership rate is starting to dip.
Notice that when I listed the benefits of homeownership I didn’t mention that owning a home is a great way to build wealth. Most Web sites will list that as one of the top reasons to buy a home instead of renting. But I’m here to tell you, don’t count on your home as a way to get rich.
Residential green building is only available to those homeowners who can afford it. Those who can’t spend the extra money for energy efficient features? They’re out of luck.
There are definitely some people, despite what the federal government and real estate professionals may say, who need to be renters, not owners.
The recent wave of foreclosures and loan defaults proves that not everyone should own a house. For some people, renting makes more sense. It’s a shame that we don’t hear that more often.
Being a landlord is one of the best ways to profit from the real estate industry. You don’t only profit from the rental income, but also from the appreciation of the property over time.
Here are 5 things to consider when your planning to invest in a rental property:
Rental Income: Does the property have a good […]
Over at Building an Empire, Trisha a full time investor and Realtor shares her woes as a landlord. You can read from her posts the sweet and sour details of being a landlord. On her recent articles, she particularly discussed about a tenant that doesn’t ran out of complaints. This tenant happens to pay the […]
A rental property business is not that hard to manage. The returns can be good to really profitable with minimal effort. You don’t really handle a lot of people. Most of the time you just have to deal with a realtor, a lawyer, maintenance people and your tenants. However, it involves a big amount of […]
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Written by Dan Rafter [email] for b5media.
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