Renting a Home
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September 1, 2017

Why It’s Smart to Invest in College Town Real Estate

The annual end-of-summer ritual of returning sons and daughters to their colleges or universities for the coming academic year brings parents to campus communities. As they drive past rows of rental houses and high-rise apartments, some might think about participating in one of the fastest growing trends in real estate.

Why not buy a single-family rental or a condo close to campus to cover their child’s housing expenses and make a profitable real estate investment that will appreciate and generate rental income for years to come?

College town real estate is a hot market because the tenant base of students and faculty in college communities assures a consistent [...]

 
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July 11, 2017

Beware of These 4 Rental Scams

Whether you’re searching for your first rental or are a seasoned renter seeking a new place in a new city, beware that rental scams are all too common.

With vacancy rates dwindling and rents soaring in many markets, schemers see tenants as easy marks for their scams, which are often perpetrated on Craigslist and other sites. Fraudsters typically reel in their victims by advertising monthly rents that are well below market rates.

“If it sounds too good to be true, it probably is,” says Andrew Woo, director of growth and data science at San Francisco-based Apartment List.

Here are four common scams to watch out for as you hunt for a new home 1. The [...]
 
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June 15, 2017

Is Renting to Own a Good Idea?

With home prices and down payments on the rise, many prospective homeowners are finding a different path to homeownership. Some homeowners and landlords offer “rent-to-own” arrangements where tenants can buy the homes they are renting after a period.

A rent-to-own contract requires a prospective buyer to pay monthly rent to the homeowner plus a payment towards purchasing the home at a later date, usually three to five years in the future. The purchase price is set in advance.

For example, a house could be rented by its owner for a standard rent of $1,750 per month. But when negotiating the rent-to-own contract, the buyer and the homeowner can agree that that [...]

 
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June 8, 2017

5 Ways to Know if Your Potential New Home’s Neighborhood is Safe

2906328231Buying or building a home is one of the biggest investments you can make in your lifetime. With the average home in the United States costing around $240,000, it is more important than ever to choose wisely where you purchase or build a home, as you’ll want to be happy with your investment... [read more]
 
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April 19, 2017

Durable Materials for Damage-Proofing a New Rental Property

Do you want to damage proof your rental so it can stay as profitable as possible? Here are six durable materials that will help protect your investment.
 
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April 14, 2017

Three Questions to Help Solve Your Rent vs. Buy Dilemma

Jim is divorced, with two grown children and a secure job. He currently rents a condo, but he is approaching his 50th birthday and wondering if he should simply buy it outright. Caroline is in her 40’s and recently widowed with a significant inheritance that would allow her to buy her own home. Pat is a single mother of two, struggling to get by on $40,000 a year. The one question they all have is, “Should I rent or buy a home?”

“Historically,” said Ken H. Johnson, Ph.D., “the American dream has been to own your own home. But is that still the dream? No, not for a lot of us.” Johnson is the Associate Dean and a Professor in the Finance [...]

 
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April 12, 2017

To Rent or to Own: The Pros of Renting vs. Buying in Today’s Home Market

Though many people would tell you that buying property is always the better option, and there are times when renting makes better personal and financial sense. Find out why.
 
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March 29, 2017

College Renting: How to Get Your Deposit Back

For anyone who's been renting apartments for a while, getting your deposit refunded is a simple matter. For those in college renting your first place, here's some advice.
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