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10 Holiday Cooking Safety Tips for Your Tenants
The peak day for cooking fires each year is Thanksgiving Day. For this reason, it’s important that your tenant chefs are in a “state of readiness” for the holidays. Here are 10 tips to share with your tenants so they can enjoy a turkey-licious fire-free feast. Top Tips 1| TEST ...
Underwater Properties Decrease from Year Ago
ATTOM Data Solutions, released its Q3 2017 U.S. Home Equity & Underwater Report, showing that at the end of the third quarter of 2017 there were 4.6 million (4,628,408) U.S. properties that were seriously underwater (where the combined loan amount secured by the property was at least 25 percent higher than the property’s ...
Tap Your Holiday Spirit, Offer Solutions
Successful real estate investors tend to focus on offering solutions. Sometimes, those solutions are straightforward, such as buying a home from a distressed homeowner or helping a burned-out landlord exit ownership of a chronically troublesome rental property. If you can clearly convey to any potential lead, business partner, buyer, or ...
How to Keep a Rental Property Secure
Investing in real estate is a rewarding experience, often quite profitable. It gives you the ability to reap a monthly cash revenue with little to no action on your part. And gives you the keys to a future financial freedom. However, rental property investing comes with its fair share of ...
Fed’s Changing of the Guards Could Effect REIs
When President Trump announced he would break with precedent and nominate Federal Reserve Governor Jerome “Jay” Powell to replace current Federal Reserve chair Janet Yellen in early 2018, he was keeping a much-publicized campaign promise to “fire” Yellen. During the presidential campaign, Trump repeatedly criticized the Federal Reserve for keeping ...
Vintage “Kit Homes” Back in Style
If you were around a hundred years ago, the idea of ordering a “kit home” was common. You could pick out the style you want from a catalogue and have all the materials delivered to your future doorstep. They were cheap back then, but today, those homes are commanding high ...
Think Realty Partners with ATTOM Data Solutions
Think Realty, the industry leader in residential real estate investor resources, education and ethics, partnered with ATTOM Data Solutions, the nation’s largest multi-sourced property database through its RealtyTrac, Homefacts, Home Disclosure and ATTOM Media divisions. Beginning with Think Realty Magazine’s Year End issue, ATTOM Data Solutions will contribute original, data-driven ...
3 Simple Seasonal Staging Tips
As the leaves change from green to orange, red, and gold and the words “pumpkin spice” begin appearing on packaging of everything from lattes to pop tarts, we know that fall is in the air. In our own homes, we may crack out the cinnamon brooms, the football-themed front-door decor, and start ...
10 Ways to Give Thanks to Your Tenants
For most landlords –it’s easy to focus on the tenants that went wrong. Experiences with destroyed carpet, and unpaid rent tend to stick in our minds a lot better than the tenants who pay their rent on time, and without incident. But the fact is, though, that for every bad tenant out ...
Proposed Tax Reform Could Impact REIs
The proposed tax reform hit the internet last week. Though there are likely to be many changes and revisions, in its current form, there are many impacts to those who invest in real estate. Let’s explore these. Changes in Deductions The proposed tax reform has changed, reduced, and eliminated many ...
There’s no doubt about it, real estate is an inefficient investment by nature. Each investment and investor has its own unique characteristics and requires our most valuable resource…time! Time is Valuable Your time commitment is perhaps the most significant problem investors face when growing their portfolio. Real estate investing can ...
Big Boom in Baby Boomer Renters
Baby boomers set the housing market on fire when they came of age, but times have changed. Now, they are flocking in droves to an easier lifestyle than one of homeownership. RentCafé looked at Census figures to come up with a snapshot of the renting world. It found that people ...
7 Ways to Retain Your Existing Tenants
When your tenants move out, it can cost thousands of dollars in lost revenue, repairs, renovations, and marketing to get your property re-rented. A hallmark 1987 study by Walker Research identified the cost of finding a new customer versus keeping an existing customer was five times the effort and cost ...
How Recent Tax Proposals May Affect Marketplace Investors Part 2 of 2
In part one, Lawrence Fassler discusses proposed changes to the tax code, including limitations on sponsored business interest deductions, changes to 1031 Exchange program and carried interest taxation. To read part one click here. Lowered Business Income Rates for Investors in Pass-Through Entities The change that might affect investors and ...
Is Your IRA Handled by the Proper Entity?
Last month I met with a potential client, who was unhappy with the service he was receiving through the company that was currently servicing his Self-Directed IRA. He described the challenges he faced trying to fund his investments, get paperwork completed, and the lack of communication between all the parties ...
Driverless Cars to Transform Real Estate Landscape
Driverless cars may seem like a novelty to many of us, but almost two dozen companies are racing to get them on the road in the next few years. It’s still a stretch of the imagination to visualize them as a common mode of transportation but if and when that ...
How Recent Tax Proposals May Affect Marketplace Investors Part 1 of 2 Part Series
The commercial real estate industry, in which many online marketplace investors participate, remained largely unscathed by the recent House proposal of changes to the Internal Revenue Code. Investors may actually benefit from some of the proposals, and changes to the individual mortgage interest deduction and other changes may end up ...
Homeownership Rates Rise Slightly in Mid-2017
Homeownership rates are slowly crawling upward. But fewer than two-thirds of the nation’s households owned their own homes at the end of Q3 2017 according to the U.S. Census Bureau. Rates climbed slightly between the second and third quarters of this year, from 63.7 percent at the end of June ...
MIT’s First “Smart” Country Test
A small country in Europe has become a living laboratory for MIT researchers working on what they call “urban innovation.” They are collaborating with city planners, residents, and local companies to interactively test the effects of urban planning decisions and new technologies like driverless cars and ultra-lightweight, three-wheeled autonomous vehicles ...
This Paint Color Could Add Thousands to Your Selling Price
If you’re feeling a little blue this holiday season, that could be great news for your home values. According to Zillow’s 2017 Paint Color Analysis the right shade of blue in your bathroom could add more than $5,000 to your sales price, while light blue kitchens and bedrooms net sellers ...
5 Fastest-Growing Cities in America
Two Texas cities dominated WalletHub’s most recent list of “fastest-growing cities in America,” and cities in Florida, Idaho, and Washington state made the list as well. Before you pack up your bags, your bandit signs, and your investment capital and head south or west, take a moment to read the ...
HOA Liens Create Huge Stumbling Blocks
Homeowners Associations (HOA) can be a great thing for a neighborhood. These associations charge monthly or annual fees and, in return, perform certain maintenance-related duties. To include caring for neighborhood amenities, and work with the homeowners in the neighborhood to keep all properties looking well-kept and, to varying degrees, consistent ...
Distressed Sales Share Drops to 10-Year Low
ATTOM Data Solutions released its Q3 2017 U.S. Home Sales Report shows that distressed home sales — including bank-owned (REO) sales, third-party foreclosure auction sales, and short sales which accounted for 12.5 percent of all home sales in Q3 2017, down from 13.5 percent in the previous quarter and down ...
Top 3 Lighting Preferences for Homeowners in 2017
As the year winds to a close and lighting begins to take on a bit of a holiday tone, lighting manufacturer Legrand has released its annual lighting product survey. Legrand asked more than 2,200 U.S. adults about their lighting preferences and noted that 1,563 of those surveyed were homeowners. Real ...
Scorching Seattle Housing Market Draws Tech Population
Savvy real estate investors know that broken-down buildings can hide diamonds in the rough. This has never been truer than in a “hot” market like Seattle, Washington. A 1901 home with no bedrooms in Seattle’s Ballard neighborhood was recently listed at $595,000, and local real estate professionals predict that the ...
