Is Your Property Manager a Realtor?
Most property management companies are run by Realtors. They can manage your property, or sell it, or whatever. Too bad for you the Realtor can make a lot more money in a lot less time if they throw your property on the MLS, have a buyer come along, and get a 4% commission instead of [...]
Get Out of Contract with Property Manager
As real estate investors ourselves, we know what it feels like to be trapped in a contract with a bad property management company. The contracts can be confusing, many automatically renew, so it is not clear when they expire. Almost all have penalties and advance fees taken out for early termination. Not knowing what to [...]
The Effect of Record Foreclosures
When you have record numbers of foreclosures like the United States has had over the last few years, you get record numbers of renters. The most amount of people in history have been losing their homes to foreclosure, when this happens the person: A. Doesn’t have a place to live B. Has bad credit C. [...]
Rent vs. Buy 2010
The rent vs. buy calculator was traditionally used by realtors and mortgage lenders as a way to show you the benefits of homeownership. These include building equity, getting a tax write-off and appreciation of the property. These numbers always skew in favor of purchasing a home instead of renting, which is what they want you [...]