Category: rental-property

What Are Boomerang House Buyers Doing

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Are Millions Of Boomerang Buyers About To Ignite The Real Estate Market? Houston Prime Realty Remember all those people who defaulted on their homes during the last housing crisis? Well, those bankruptcies are about to be discharged, or they already have been, and that means we could soon see an avalanche of homebuyers hitting the … Continued

1031 Tax Deferred for Real Estate Investors

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Congress is currently talking tax reform. Two very important real estate benefits are on the so-called “chopping block”, either to be completely eliminated or significantly curtailed. It is doubtful that the home owner exclusion of up to $500,000 (or $250,000 if you file a single tax return) of profit will be impacted; there are too … Continued

How NOT to Losing Your Earnest Money

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Question: The contract I just signed to purchaser a house contained the following language: “If the buyer defaults, the earnest money will be forfeited to the seller. This is to be considered liquidated damages and not as a penalty”. Can you please explain what this means? Beth.Answer: Shame on you, Beth, for signing a contract … Continued

4 Ways To Deal With A Frustrating Tenant In Rhode Island

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Are you a landlord with frustrating tenants? You’re not alone. Many landlords find out the hard way that they have frustrating tenants in one of their rental properties. In this article, we’re sharing 4 ways to deal with a frustrating tenant in Rhode Island and in the zip code. If you own a rental property, … Continued

The Surprising Truth Of Being A Landlord In Rhode Island

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Do you own a rental property in Rhode Island? Make sure you know the surprising truth of being a landlord in Rhode Island because it’s not always what you think it’s going to be… Owning a rental property seems like a great idea. You buy it cheap, you find a tenant, and then you profit … Continued

“Help! My Last Tenant Trashed My Rhode Island House”

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If you own a rental property but had a tenant trash it when they leave then make sure you read this article because we’re addressing the all-too-common problem that landlords have when they say, “Help! My last tenant trashed my Rhode Island house!” Do you own a rental property? Did you have a tenant leave … Continued
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