Friday, October 18, 2019

Real Estate Insider: October 2019 News Report



Ever wonder how the annual rent increase on residential properties is calculated? Is it really a fair percentage for Landlords? This article will give you all the information to decide for yourself!



Short term rentals and AirBnB, when are guests considered Tenants? How hard is it to evict? What you need to know heading into 2020! >>



If you’re buying an investment property strictly for short term rentals, be prepared for trouble when you go to get a mortgage! Why, you ask? This article explains how mortgage lenders are hesitant to loan money when the owner isn’t the one living there! Read more and how to get around it here!



Most condo’s or apartments have bylaws against short-term rentals, but that’s only if you get caught! Read here how the current enforcement is ineffective, and how new rules could pass that would change the short-term rental market drastically! 



With the rapid increase of retiree’s from the baby boomer generation, and the last of the millennials entering the work force, retirement strategies are a hot topic! Millennials need to start thinking and planning for retirement as soon as yesterday, but with defined pensions reducing in popularity, is real estate a good alternative? This article says maybe not! Read more here.



To move…or to renovate…THAT is the question! Real estate prices have risen drastically in the last few years, but so have construction costs! Is adding an addition more beneficial than moving to a bigger home? There are many factors to consider, and this article will help!


A lot can happen when selling your home, including accidental damages left by potential Buyers! Who is responsible for fixing these damages? The answer might surprise you! Read more here.


How divorcing your spouse can affect your mortgage, and how the new mortgage rules are making it difficult for divorcees to find a new home. >>


Here are 6 things that could be hurting your credit score that you might not even know about! Read here to stay informed and keep that credit score up!

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