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An Alternative to Wraparound Mortgages

Posted by: Investors Lounge Online in Tenant, Subject To, Sub Prime Lending, Refinance, Real Estate Investment, Owner Will Carry, Over Leveraged, Mortgage, Market Bubble, Loan To Value, lease purchase, Lease Option, Landlord, Investment, Financing, Credit Cards, Analyze on Aug 14, 2008

There are different ways to structure real estate transactions that involve seller financing to benefit all parties. Of course the seller has concerns of protecting their property and the need for regular repayment. The following scenario explores this option in detail. Wraparound

You know that your local market has many rental properties in the inventory and you have found one that meets your

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Assistance for Low-Income Renters

Posted by: Investors Lounge Online in Tenant, Section 8 Tenants on Aug 08, 2008

As part of the new housing bill recently passed in Congress, a new trust fund aimed at renters with little income will now have more access to affordable housing. A trust fund endowed to the tune of $550 million is the first of its kind since the creation of Section 8 housing, known colloquially as the "projects", was created in 1974. Section 8 Low Income Renters

This most recent incarnation of Section 8 is specifically

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Who is Responsible .. Repair and Maintenance

Posted by: Nick Johnson in Tenant, Landlord, Due Dilligence on Jul 11, 2008

A landlord or property manager has certain responsibilities toward the tenants of each rental. They are expected to provide an inhabitable and peaceful space for each tenant to reside. These invaluable rights of tenants have prompted many states to create renter's rights and these laws protect and govern the proper care of rental properties. These laws ensure the landlord follows

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What are the Pros and Cons of Just Walking Away?

Posted by: Investors Lounge Online in Tenant, Sub Prime Lending, Recession, Pre Foreclosure, Market Bubble, Foreclosure on Jul 09, 2008

If you drive down a street and see houses with boarded up windows, the first thing some people think is, uh-oh, how did I get in this neighborhood? But these days you don't have to worry that you've taken a wrong turn at Albuquerque. This sad occurence is happening and In the recent foreclosure crisis it seems no one is exempt. Stop Foreclosure

Unless you've been living in a rose colored bubble you know that

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Renters are feeling foreclosure pain

Posted by: Nick Johnson in Tenant, Landlord, Foreclosure, Eviction on Jun 22, 2008

Renters may think that because you pay your rent in full and on time every week, there's no way you could ever be evicted. But with the current housing crisis in the U.S., this isn't a safe bet.

foreclosure pains The upsurge in foreclosures isn't just affecting homes owned by the people who live in them but is also causing trouble for renters when their landlords lose the home due to trouble paying the

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Why Rent to Section 8 Tenants?

Posted by: Nick Johnson in Tenant, Section 8 Tenants, Landlord on Jun 06, 2008

Section 8, also called the Housing Choice Voucher Program, is a Federal housing program which provides housing assistance to low-income renters and homeowners. This assistance comes in the form of the city pays the rent, and the federal government reimburses the city for that rent money.

If you are considering renting to Section 8 tenants, you first need to understand how the program works.

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Affordability of Rental Housing ... Alarming!

Posted by: Hanh Brown in Tenant, Landlord on May 22, 2008

News about millions of homeowners losing their homes to foreclosure have been all over the news lately, but the outlook for renters is also alarming. According to a study by the National Low Income Housing Coalition, even rental housing is too expensive for the vast majority of working Americans.

Rent affordability The problem isn't just affecting high-priced urban markets but is happening around the country,

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Landlord and Tenant in Adverse Situations

Posted by: Nick Johnson in Tenant, Landlord, Eviction on May 09, 2008

Being a landlord is not just about knowing who to rent to and how to manage the properties; it's also about working with tenants in adverse situations. You must be tight with the laws of the business. Whether you are the owner of the rental or involved in a "sandwich" lease, arming yourself with full knowledge of the laws that protect you and those that protect the renter can be critical for your

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