Can a homeowners association have too much cash in reserves? A: Your question is interesting, because we haven’t encountered too many homeowners associations with reserves that are too high. We usually hear about HOAs that have no reserves or too little in the way of cash on hand. When something goes wrong or whenever there […]
Category Archives: Investment Tips
11 High-Yield REITs to Buy for Big Income
Investors looking to bolster their income portfolios have long looked to dividend-friendly real estate investment trusts (REITs) to get the job done. But recently, the appeal of high-yield REITs has intensified, thanks to changes to conventional investing wisdom. For more than a quarter century, the “4% rule” governed many investors’ withdrawals from retirement savings. According […]
Can a Reverse Mortgage Impact Your Social Security or Medicare Benefits?
Ask U.S. retirees what worries them most — as a recent survey by the American Institute of CPAs just did — and “running out of money” is the answer that will most likely top their lists. But homeowners over 62 who have substantial equity in their properties have an extra tool at their disposal that […]
The new boomtowns: Why more people are relocating to ‘secondary’ cities
As they began planning their future together, Ashley Brown and her fiance, Aaron Shuman, concluded that they could no longer remain in Los Angeles because it was getting much too expensive. “Our rent in L.A. was $1,500 for a tiny, 650-square-foot apartment with no amenities,” says Brown, 29, a native New Yorker, actress and New […]
Renting vs. buying a home in Tampa. Here’s the lowdown on when you break even.
Buying versus renting a home is a conundrum many of us have faced. Do you want to spend your weekends fixing stuff and sweating about whether the insurance is paid up or would you rather leave that to a landlord? On the flip side, owning means not getting booted when the lease runs out. The […]
Wall Street and single-family rental homes
Jennifer Paul St. Denis thought she had found the perfect landlord. A mother of two from Marietta, Georgia, St. Denis had been looking for a new home last summer after separating from her husband. Her search didn’t take her far. After spotting an ad from a company called Waypoint, she discovered they had a “super-cute” […]