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New EPA Rules for Homes with Lead Based Paint
New guidelines for home remodels and renovations take affect April 22, 2010 for homes, rentals, day cares, built prior to 1978. The key points of the Renovate Right Program are the descriptions of what can be done and by who. EPA Certified renovators may be necessary for any major renovation. Understanding the guidelines for property [...]
HUD Foreclosure Properties – Are They Worth The Trouble?
As an investor, you might set your sights on HUD properties as a niche in creating your investment portfolio. While concentrating on this niche market of investments can be very profitable from a standpoint of the lowered sales prices that you are able to purchase at, you must be prepared to jump through quite a [...]
Senate votes to extend Buyers tax credit
HOMEBUYER CREDIT EXPANDED The bill also extends an $8,000 tax credit for first-time homebuyers which has helped the housing industry recover from the foreclosure crisis, though some analysts say it has largely gone to people who would have bought houses anyway. The credit, which is due to expire on November 30, would be extended until [...]
More on First Time homebuyers tax credit
Investor’s Business Daily (10/28/09) P. A1Key Democrats have reached a consensus on extending the first-time home buyer tax credit, due to expire on Nov. 30, announced Senate Banking Committee Chairman Chris Dodd, D-Conn. Bloomberg, meanwhile, reported that the chamber is close to an agreement that would extend the incentive to home transactions that are under [...]
Update: First Time Homebuyers Tax Credit
Senator says Senate will extend, reduce home-buyer credit BLOOMBERG NEWS SERVICE – October 27, 2009 Senate leaders are negotiating to extend and gradually reduce an $8,000 tax credit for first-time home buyers through 2010, Senator Bill Nelson of Florida said.“We should be able to extend that later this week,” Nelson, a Democrat, told reporters traveling [...]
Calculating the Worth of An Investment Property
Why do investors invest in real estate? All real estate investors invest in order to take advantage of the benefits that they deem important to them. Whether its tax savings for the short term, monthly income derived through cash flow (buying and holding), lump sum income derived when selling (fixing and flipping), or increasing net [...]
Retirement Planning – Reality Check
Our economy is going through a fundamental correction that will change the paradigms of how we live our lives and how we will save for retirement. Some of those changing realities include, for example: An economy that is not based on 70% consumerism. “Free Money” will not be available from an ever expanding stock market. [...]
The new rules for Retirement Planning – Taking charge
The Great Recession of 2007/2008 may be over (by some measures) but its legacy will be felt for years if not decades to come. The stock market and housing bust has lost Americans nearly 14 trillion dollars in net worth since 2007. There has been some recovery in the stock market and housing has stabilized [...]
What will retirement be like in the (near) future?
When we think and plan for retirement, we consider all sources of income for our golden years, IRAs, 401Ks, pensions, annuities, investment property, social security, etc. But in these tough economic times and with local, state and federal government running into budgetary problems, things are going to change. So here is the
