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Income property, at least in some markets, is still affordable, with, in many cases, rental income that offers a far better and safer yield than bonds. However, there are risks associated with owning real estate, and with becoming a landlord. That is why I'm bringing in a landlord who started investing in income property at the age of 21 as my guest on this special show.
Over the last 30+ years, my guest has owned real estate in many different states. She has seen tenants and buildings and partnerships come and go. She's been up -- and upside down -- to the tune of multi-millions. She's removed auction notices from her door, while waiting for financing to come in and save the day. She's been forced to eat pate and crackers when her Neiman Marcus credit card was the only available currency. In short, she's seen it all. And, anonymously, she's willing to share her wisdom with you.
There will be a 10-minute Q&A for call-in questions toward the end of the show (at 9:50 a.m.).
You know that around here we love our pit bulls. However even those who own them in places where BSL is not a factor can find pit bull ownership difficult for many reasons, chief of which can be finding rental housing that doesn't discriminate against your pet because of their breed. Many people end up surrendering their pit bulls to shelters because they can not find a landlord who will allow them to rent with their dog.
Should landlords and rental companies be allowed to refuse to rent to someone because they own a pit bull?
Today we are discussing the problem of finding a new place to live if you are a pit bull owner. Have you been denied rental because of your dog's breed? Are you currently looking for accomodations and finding things difficult because you own a pit bull? Are you a landlord who wants to defend their decision to discriminate against people with pit bulls? If so, call in and talk to us we want to hear what you have to say! (646)716-6583
As always if you can't catch the show live it will be archived for your
Glenda Franklin is running for Alderman because she believes it is time for Chicago’s 17th Ward to have a NEW NORMAL – a future where children can walk to the best schools and ...play where they live without fear, where families have ample opportunities to support themselves, and where businesses thrive through fair and supportive economic policies. The NEW NORMAL means bridging the gap between South Side and the rest of Chicago, and finally achieving the parity in quality of life our great city has long promised.
Glenda is currently the Founder and Executive Director of W.A.T.C.H. (What About The Children Here), a nonprofit dedicated to transforming youth into productive citizens throughout the Englewood & Auburn Gresham communities. Glenda has helped hundreds of youth begin their professional careers through partnerships with local and national companies such as Bank America, Department of Children Family Services, Greater Auburn Gresham Development Corporation and SOS Children Villages of Illinois.
Glenda has served the 17th Ward as Staff Assistant to the Alderman’s office, where she fought urban decay by forcing banks and slum landlords to renovate their abandoned buildings. As the Secretary of the 17th Ward Democratic Organization, Glenda has also helped bring our community together through successful events like the Christmas in Englewood Toy Giveaway, the Senior Luncheon, and the Southside Gospel Festival.
Glenda is a native of Chicago’s Englewood community and is a proud mother of three sons. She holds a Bachelor’s degree in Business Management and is a Master’s candidate of Public Administration. Glenda is also an active and lifelong member in the Faith Community of Saint Sabina. See More
in Real Estate
New York City landlords are notoriously paranoid and picky. They demand all sorts of paperwork from people who want to rent their apartments.
We'll look at why that is, and how to assemble the proper paperwork and increase your chances of securing an apartment.
We'll chat with Marc Blum, Managing Director of Rentals at DSA.
In this episode of Chuck Trautman Interviews the Experts, my guest is Real Estate Guru, Dave Franecki. Dave has over 30 years if experience in almost every facet of real estate. He's been a lanlord, rehabber, fix and flipper, loan officer, land developer, building developer, and teacher / mentor.
For the last 6 years, partnering with several major banks, Dave and his team helped dispose of over 900 bank owned properties in the Phoenix Metro Area.
Using his unique skills and vast experience, Dave is now consulting with realtors and homeowners on seller carry / owner financing.
This lively interview will be very educational for real estate investors and landlords looking to gain greater returns.
Nationally, rents are so far above wages that of the 3,141 counties in the United States, in only four of them can a person making minimum wage afford a one-bedroom apartment.
It is happening across the country, but the once flourishing suburbs of Chicago are being hit hardest in the nation: The RENT INCREASES and landlords can legally hold a deposit. Of course, this has been the law of the land for some time. Problem is, today as wages are not increasing, social security benefits have a "fake rise" and businesses continue to fold- tenants find themselves "stuck" in a rental that rises in rent... and the only way they can move is by using security deposit money to move, which is wrapped into their current dwelling. THE EFFECTS OF RENTAL INCREASES ACROSS THE NATION ARE HURLING LOW INCOME FAMILIES AND INDIVIDUALS DEEPER INTO POVERTY.
in Real Estate
On this installment of "It's My House" we shall discuss one of the primary mistakes made by both homeowners and landlords when it comes to getting rid of the house guest from hell...........and that is when we decide to bring an lawyer into the picture. Many people typically hire the wrong type of attorney.
Tje first step in solving your problem is in making the "distinctions" that you need to determine "specifically" what type of problem that you have. After you have identified (correctly) what you are dealing with ............then you call in the right person to help you solve your problem. (In many cases you might not need any type of lawyer)
We shall study some real cases today and make those distinctions.
in Real Estate
All owners of real estate should know the basics of Law in their specific endevors; even if you have an attorney you still should know the basics of Law so that they (your lawyer) can better serve you.
Today on "It's My House" we shall be discussing the topic of "Adverse Occupant Crimes". Often times a homeowner or landlord can be a victim of a crime, but they do not even know it. We shall make you aware of the most frequent "Adverse Occupant Crime" that affect both homeowners and landlords.
in Real Estate
Property management is a lot like being a parent...nobody really tells you how to do it until you find yourself needed to 'do it'! Sam Maropis at TrainingLandlords.com is teaching others how to be more effective, and more profitable property managers and landlords. The number of 'mom and pop' or self-managed properties in America is staggering, and many of those owners are leaving money on the table by not operating as effective as they could otherwise. Check out this FlipNerd.com VIP Flip Show with Sam Maropis to see if you can put more money in your pocket!
in Real Estate
Legal Aid (sounds like) a good thing. People who have legal problems who can not afford to pay a lawyer have the opportunity to visit their local neighborhood Legal Aid Clinic. I guess in theory and practical use they (Legal Aid) does help many, however many (most not knowing) are assisting people commit wrong doing. In many cases (not all) the people that are using the Legal Aid system are "playing the system" via ripping off the system while they are ripping off private citizens who own homes.
If you are a home owner you need to be aware of Legal Aid organizations and how they work, in the process you need to become legally aware yourself to protect your homestead interest.
Floyd Smith CEO of Petron Energy II, Inc., the stock symbol is “PEII” the company is in the oil and gas space
Alex Wathen Board Certified Bankruptcy Attorney serving clients throughout the United States. Mr. Wathen Bankruptcy Law practice serves individuals and businesses in bankruptcies under Chapters 7, 11, 12, and 13. He focuses on solving his client's liquidity problems and reorganizing to relieve their financial distress. Alex represents a wide variety of clients. He has distinguished himself by reorganizing construction companies, home builders, retailers, farming operations, real estate investors, trucking businesses, landlords, skyscrapers, hotels, restaurants, bars, and food service businesses
Bob Sokoler Owner of The Sokoler Medley Team at RE/MAX Properties East and works alongside his better half Norine. Bob is ranked 1th in the city for volume 3 years in a row and according to “Real Trends” is ranked 137th among all agents in the United States. In 2012 Bob and his team of 7 sold 246 homes, in 2013 Bob and his team of 10 sold 332 homes. Bob is also co-author of “The Ultimate Homebuyer's Guide” which made it to the top of the Amazon.com best sellers list 6 times
Joey Parsi founder and Chief Executive Officer of Giggles ‘N Hugs. Prior to founding the Company in 2007, Mr. Parsi had a long and successful career as an investment manager and entrepreneur
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