News
Florida Woman Argues Paying $1600 a Month at Motel is Better Than an Apartment in Viral Video: 'All I see is someone being resourceful"
1+ day, 5+ hour ago (476+ words) The math might be mathing there Everybody is out there trying to find the best ways to survive without accruing a massive financial burden. One Florida woman believes she's cracked the code: instead of paying a landlord for an apartment,…...
NY Dirt: "Buildings aren't free
1+ day, 10+ hour ago (763+ words) Advocates and landlords see debt service a little differently "He that goes a-borrowing, goes a-sorrowing." That's certainly how some advocates see debt on rent-stabilized buildings. Last week, I looked at the relationship between rents, net operating income and violation counts…...
Rent Payments Push Credit Scores Into a New Era
3+ day, 4+ hour ago (385+ words) Rent reporting could change the credit scores of roughly 60% of U. S. renters, underscoring how recurring payments are becoming part of modern underwriting. Lawmakers and industry participants are debating whether broader use of alternative data can widen credit access without weakening consumer…...
Experienced investors are quitting rentals for two passive strategies. One of them can earn up to 12% interest " and takes just 30 minutes to set up - AOL
4+ day, 5+ hour ago (961+ words) Buying a rental is still the classic first move in real estate. You find a property, place a tenant and, if the numbers work, you collect a little more rent each month than you owe on the mortgage and expenses....
9 Quaint Tennessee Towns Where You Can Retire on $1, 500 a Month (Or Less)
4+ day, 5+ hour ago (893+ words) Affordable rent isn't extinct in these nine Tennessee cities. Rent keeps climbing in plenty of U. S. metros, but Tennessee still has cities where the math works out. If you're on a fixed income, relying on senior benefits, or your housing budget…...
Fewer renters are falling behind on payments, but their financial stress might be growing in other ways - AOL
4+ day, 23+ hour ago (454+ words) Most renters in the US are staying current on their rent payments, but more are cutting back in other areas to keep up, according to data from the Federal Reserve Bank of Philadelphia." As of January, only 1 in 5 renters reported…...
US Renters Cut Spending as Financial Pressures Escalate
5+ day, 13+ hour ago (451+ words) Most renters in the United States manage to pay their rent on time, but a growing percentage must slash spending on other necessities to maintain shelter, as quoted from Detik Finance. Data released by the Federal Reserve Bank of Philadelphia…...
Landlords suffer rental yield hit in most areas
1+ week, 5+ hour ago (274+ words) Bristol landlord hit with "25k Rent Repayment Order Landlords in most areas saw their rental yields drop in Q2 at a time when many were considering their future investments. Introduction of the Renters" Rights Act in May prompted many property investors to…...
Democratic congressman asks the CFPB to investigate 'rent now, pay later' companies
1+ week, 3+ hour ago (513+ words) Rent now, pay later" companies allow renters to split their monthly rent into smaller payments over the course of a month. A renter with a $1, 000 monthly rent bill might pay in four weekly payments of $250 or two payments of $500. Americans…...
Fewer renters are falling behind on payments, but their financial stress might be growing in other ways
1+ week, 12+ hour ago (454+ words) Most renters in the US are staying current on their rent payments, but more are cutting back in other areas to keep up, according to data from the Federal Reserve Bank of Philadelphia." As of January, only 1 in 5 renters reported…...