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The 101 on earning rental income from a single-family homeDo you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And it may mean you’re about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. Learn your legal obligations. Estimate costs and profits. Choose good tenants and avoid problem ones. Make the most of valuable tax deductions. Handle repairs and property management tasks. The 5th edition is updated to cover major legal changes, in particular how the Tax Cuts and Jobs Act created pass-through deductions that can benefit landlords. Includes sample forms and budget worksheets.
Using rich and detailed data, this groundbreaking book explains why homelessness has become a crisis in America and reveals the structural conditions that underlie it. In Homelessness Is a Housing Problem, Gregg Colburn and Clayton Page Aldern seek to explain the substantial regional variation in rates of homelessness in cities across the United States. In a departure from many analytical approaches, Colburn and Aldern shift their focus from the individual experiencing homelessness to the metropolitan area. Using accessible statistical analysis, they test a range of conventional beliefs about what drives the prevalence of homelessness in a given city—including mental illness, drug use, poverty, weather, generosity of public assistance, and low-income mobility—and find that none explain the regional variation observed across the country. Instead, housing market conditions, such as the cost and availability of rental housing, offer a far more convincing account. With rigor and clarity, Homelessness Is a Housing Problem explores U.S. cities' diverse experiences with housing precarity and offers policy solutions for unique regional contexts.
Finance and real estate reporter Jane Hodges explains how the housing market works and breaks down all the pros and cons of buying and renting to help consumers make the best choice for their budget, market, emotional needs, and future.
This guide to making the big decision by a real estate reporter is “a truly balanced look at an emotional subject . . . plenty of tips to keep you above water” (Mint.com). When it comes to real estate, renting vs. owning is always a big decision—not just whether to take the plunge, but when. The housing market can be volatile, and purchasing a home may be one of the biggest investment decisions you’ll ever make. This guide offers a reality check that cuts through all the hype and helps you decide whether to buy now or keep renting. Expert finance and real estate reporter Jane Hodges, who has written for the Wall Street Journal, Seattle Times, and other top publications, explains how the housing market works and breaks down all the pros and cons of buying and renting—because contrary to popular belief, buying isn’t the best choice in every situation. With dozens of success stories and cautionary tales from real-life renters and owners across the country, this indispensable manual gives confused consumers the tools to make the right decision for their budget, market, personal needs, and future.
The residential real estate market is huge and can be lucrative. However, working it correctly and with integrity is something that takes motivation and knowledge. In his comprehensive guide, John Lack details how to ensure that you get the best return for your investment by organizing and running your rental properties efficiently. With over forty years experience, Mr. lack explains real estate terms, includes guidelines for selecting the right property, and gives advice on obtaining a mortgage. Details about running a good operation are mixed with stories about tenants and things you can do to make your property more valuable. Whether you have one rental or many, you will learn how to deal with tenants, late rents, evictions, and more. rental properties can be a great way to increase your income and net worth: you just need to know how.
Offers a guide to finding the perfect home, covering such topics as renting versus buying, mortgages, assessing neighborhoods, budgeting, evaluating a property's condition, and determining energy use and efficiency.
Answers legal questions of concern to tenants and explains how to deal with a landlord who is acting unfairly