Tag: property management
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Transferring Your Deed Into Your LLC
Thinking about transferring the deed to your rental property into a limited liability company? Many investors do it. About 17% of investment properties across the country are held in LLCs. Here, we look at reasons to put real estate into an LLC, and how it’s done. And we’ll point to a few more things worth…
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Training Algorithms to Fix Rents? That’s Illegal, Justice Department Tells Software Company
You’re renting, and saving up to buy. You’d like to hold the deed to your home. You crave an opportunity to “get on the ladder” and build wealth through home equity. And you’ve had it up to here with rent hikes. You’ve read up on inflation. You regularly check in on mortgage interest rates. The…
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How a Durable Power of Attorney Works for a Home Deed—And How to Create the POA in 8 Steps
Have you thought about estate planning and your home? One tool you should know about is the durable power of attorney. A durable POA can help a senior deed holder manage property and money, even when they’re losing the ability to do this personally. The document names your agent(s) and lays out their continuing authority…
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Real Estate, Meet the Bots. Not Everyone’s Amused.
Digs, a purveyor of software for home builders and managers, is doing what many companies are doing these days. It’s revving up the artificial intelligence (AI) tools on its platform. With Digs, home builders and deed holders collaborate and store information. They make digital twins to simulate touring or working in the actual homes. Builders,…
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Can Condo Buyers Freely Work in, Sell, and Rent Their Condos?
A condo for sale? That’s an opportunity for a buyer to acquire a deed, start building equity…and maybe even attain financial freedom. Some first-timer buyers who want a foothold on the ownership ladder jump on a condo listing for precisely that reason. To some, condo deeds represent long-term homes and investments. To others, condos are…
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Michigan Deed Holders: Your Property Rights Could Change
Living in Michigan? It’s time to check your deed restrictions. Michigan deed holders should know that changes made to the state’s Marketable Record Title Act (MRTA) took effect March 29, 2024. And there’s a new deadline to record a notice under the MRTA. KEY POINT TO KNOW: Michigan deed holders now have until September 29,…
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Selling Your Property When a Renter Still Lives There: Why and How?
Can you sell a rental unit “out from under” your renter? A loaded question, of course. Look at it this way. If your renters love where they live, it could be a win for all involved. You have a few things to consider as you plan for positive outcomes, of course. This is true whether…
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Latest in House Hacking: The Influencer Edition
Back in 2020, it seemed to be everywhere. But we wondered just how persistent “house hacking” would be. Turns out the trend has stayed popular on real estate investment websites, in spite of (or maybe because of) a hard-to-crack housing market. House hacking is really just about buying and renting out real estate. Yet it…
