What Happens if You Are Unable to Pay Your HOA?
If you live in a planned housing development managed by a homeowner's association (HOA), you are liable for monthly dues that pay for maintenance and upkeep of the common property. Prospective buyers should be well informed on HOA fees before occupying a townhouse or ...
Do HOA Dues Cover Taxes & Insurance?
Buying an attached home, such as a condominium or townhouse, is often an affordable way to become a homeowner. These homes belong to a larger community run by a homeowner's association. HOAs oversee ...Read More
Sometimes also called syndications or TICs, tenant-in-common investments are ways to own pieces of real estate assets. Instead of buying a small asset by yourself, a TIC allows you to pool your money ...Read More
How to Invest in Raw Land
It has been said that real estate, particularly land, is a solid investment because the supply is limited -- nobody is producing any more. Although the growth of population seems to guarantee that ...Read More
What Does Positive Equity Mean?
When it comes to personal debt, it’s important to maintain positive equity. This means the value of purchases you’ve financed is greater than the loan balance. Owing more on a house or car than what ...Read More
The Owner-Occupied Tax Deduction
Owner-occupied rental properties like duplexes receive extremely favorable tax treatment. The Internal Revenue Service treats them as a hybrid of two properties -- a personal residence and an ...Read More
How Hard Is a Short Sale Flip Business?
A short sale flip is when an investor purchases and simultaneously resells, at a higher price, a short sale property — a property selling for less than the current mortgage balance. For this kind of ...Read More
Problems With Joint Tenancy
Joint tenancy is a form of ownership that is inexpensive and easy to create. Surviving joint tenants automatically take on the deceased joint tenants' property interests. Many people hold assets ...Read More
How to Invest in Property Tax Deeds
At tax deed sales, you can purchase the title to various properties that have been foreclosed upon by county tax authorities. Taxing authorities hold tax deed sales to recover the amount of the ...Read More