Robby Brumberg and Michael Dempster of Consumer Affairs report on new housing construction, noting that in February 2024, the U.S. Census Bureau estimated that 126,417 building permits were issued for…
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Tips, tools, and news for rental investors.
Deducting lawn care for rental property: Tax rules explained
Can you shave dollars off your tax bill by deducting the cost of keeping your rental property’s lawn pristine? The short answer is yes; however, there are a few conditions.…
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Here’s how long each step of tenant screening usually takes
Generally, tenant screening can take a few hours to several days. It’s not set in stone because the time frame may vary due to several factors, such as the applicant’s…
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Anti squatter laws in the US expanding
Anti-squatting legislation is growing among various states, starting with Florida and Alamaba. According to Charles Creitz of Fox News, a rare bipartisan bill was recently passed that significantly reduces the…
Housing supply surges in Spring 2024
New data from the National Association of Realtors (NAR) revealed that home sales in February spiked. Sales of existing homes jumped 9.5% in February to 4.38 million units. Although sales…
Spring 2024: Rents continue to rise
As expected, the Federal Reserve held rates steady at its meeting last week, according to Jeff Cox of CNBC. After its two-day policy meeting, the Fed announced it would maintain…
Rates fall, listings surge in spring 2024
The National Association of Realtors (NAR) has settled the commissions lawsuit, according to David Goldman and Anna Bahney of CNN. NAR settled landmark antitrust lawsuits by paying $418 million in…
Biden calls for housing tax credits
President Joe Biden delivered the State of the Union address last week, and there were some interesting takeaways for real estate watchers. Chris Clow of HousingWire reports that the White…
Home prices expected to continue to rise in 2024
According to a new report from Redfin, investors purchased 18% of all homes sold in Q4 2023, an 11% drop since last year. “Investor purchases of U.S. homes fell 10.5%…