Property to buy….then rent out.
So, readers of this site have been asking, for a while now, what types of properties to buy in order to rent them out. Well, I’ve finally gotten around to building a page that shows a bunch of properties under $100,000 in different parts of the country. These properties vary widely. You’ll see everything from condos in Florida to abandoned apartment buildings in Philly going for a song. Somewhere in there you should be able to find a property in your area to rent out.
The list will change periodically as properties are bought and sold but you can get a decent idea of what properties are selling for in different parts of the country. Take a look at the new Rental Property For Sale page and let me know what you think. Cheers!
posted in Real Estate Investing |
The Department of Veterans Affairs rolled out their Supportive Services for Veteran Families (SSVF) program last September, a new program geared towards stabilizing the housing of our nation’s low-income and homeless Veterans. A full year of funding was distributed to 85 nonprofit organizations across the country with opportunities for program renewal and several more years of funding anticipated. While the SSVF program has been undeniably developed, shaped, and funded to meet the needs of our Veterans, there are also unmistakable benefits for landlords and property managers within this program.
Knowing what services SSVF can provide, which of your tenants may qualify, and how they can access the program could not only keep monthly rent payments coming in consistently, but could even help you avoid the tiresome eviction process. The overall goal of SSVF is to stabilize Veterans in permanent housing by offering 90 days of case management, housing counseling, financial planning, and even temporary financial assistance when needed. Read the rest of this entry »
posted in Guest Post |
Anyone who has owned a home has undoubtedly in the past scratched their head in disbelief as to why their homeowner’s insurance premium always seems to increase when policy renewal time comes around. You may also think that your homeowners insurance agent is in your corner when you find yourself in this predicament.
Let’s get one thing straight to start: Your insurance agent does not work for you. They work for themselves and their business which is selling insurance. I have heard more lines of bovine excrement from insurance agents than I can shake a stick at (except, of course, maybe from real estate agents.) Read the rest of this entry »
posted in homeowners-insurance |
The other day I happened to run across a company called Aon Rent Protect who claims to offer insurance that will pay the landlord when their tenant stops paying. I thought it was a very interesting concept and I have to say, up front, that I have not used this service before nor do I have any experience with this company personally.
From the outset, the company’s sales pitch sounds really great and the costs don’t seem too onerous but the devil is usually in the details. Read the rest of this entry »
posted in Landlord/Tenant |
So, a while back in 2007 I wrote a post about how bad Waste Management, the garbage collection company, was at customer service. Well, for roughly the past 2 years, in my area we have a new company providing this service and I can’t say enough about what a pleasant experience it is.
Now, you may not think of garbage collection as a “pleasant” subject but just the way this company goes about its job is light years ahead of those other idiots. Here’s why: Read the rest of this entry »
posted in City Government |