Liens Deeds Hybrid Redeemable

Try on Your Landlord Hat and See How It Fits

So you've purchased a home that you think could be a good investment, but it needs work. The stairs are rickety, the walls require a good paint job and the plumbing is unpredictable, at best. How do you determine the best way to not only get the house up to code, but to also make it presentable as a rental property? In other words, how do you become a successful landlord during present times?

Putting Your Energy Back into Living

Some days we're full of energy, eager to take on the world. At other times, we can barely drag ourselves out of bed and every movement during the day seems like a major chore. Let's face, we can't be "on" 24/7. But if your energy level seems to be consistently lower than it used to be, then it's time to assess what's wrong. After all, active, positive people achieve more in their lives than those who aren't – and they're happier too.

"Strategic Defaults" Finding Common Acceptance

Let's say your home is losing value almost monthly. You're already underwater, and the bleeding could go on for years. An increasing number of housing experts are advising homeowners to simply "walk away" from their commitments, a practice referred to as "strategic default."

Clearly, homeowners seem to agree, as the number of strategic defaulters has risen. A recent survey showed that 27% of homeowners would consider walking away, as opposed to 15% just a year ago. A 2010 Morgan Stanley report indicated that nearly 12% (almost 200,000) defaults from the previous year were voluntary.

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