According to an article by the Associated Press, credit card companies are beginning to lower credit card limits for thousands of customers. This is a reaction to a number of unpleasant economic conditions which include sharp increases in credit card usage, further falling housing prices, a weak job market, and increasing fuel and food costs. Credit card companies like American Express are reporting that: (more…)
June 29, 2008
June 28, 2008
Rottenneighbor.com
Do you have a rotten neighbor? Here is a site to tell your story and let the world know where they live. Even if you do not have a rotten neighbor, some of the stories posted are very humorous.
4 Tips to Improve Your Credit Score
From CNNMoney.com, four simple tips to help improve your credit score:
1. Don’t close credit card accounts
2. Forget Retail Cards
3. Pay more than the minimum
4. Don’t lose hope
More can be found at: How to control your credit rating
June 26, 2008
How to Protect Yourself When Searching for a New Rental Property
Criminals in this day and age are not just lurking in dark stairways or waiting in desolate parking garages. A lot of devious criminals are hiding behind a computer screen. From Craigslist pimps to the Nigerian man who wants to offer you millions of dollars if you send him a couple thousand. Web users need to be web savvy and realize that somethings on the internet are just too good to be true.
So what does this have to do with you renting a property? (more…)
June 25, 2008
Freddie Mac Attack on Investment Properties in LLCs
Freddie Mac (a quasi government entity that buys mortgage loans) has changed its guidelines in regards to refinancing properties in LLCs. According to Realty Times:
Freddie Mac, one of the two largest underwriters of conforming loans on the secondary market, have changed their internal rules to state that they will no longer refinance a property that has been inside of a Limited Liability Company (LLC) for any time within the past 6 months.
June 24, 2008
Great Tool for Determining Rent in Your Area
Rentometer.com analyzes your rental address, city, state, monthly rent, and number bedrooms to determine what average rent is in your area. It will display where your rent is in respect to the rest of the market place.
June 23, 2008
Tips on Finding a Pet Friendly Rental House or Apartment
According to the Humane Society of the United States, there are several items to consider before finding a new pet friendly rental house or apartment. Here are a few tips to make it easier on you and your furry friend.
- Plan and give yourself enough time to find a pet friendly rental
- Understand why some landlords and property managers are against pets
- Contact a local humane society or search Rentandleasehousing.com for pet friendly rental houses and apartments (more…)
How many people have a 850 credit score?
About 1% of the population according to Motley Fool. The recipe to achieve a 850 credit score includes:
- 4-6 revolving accounts (credit cards)
- active installment tradeline (car loan or mortgage) (more…)
June 20, 2008
Rentandleasehousing.com Updates: FAQ Section, Section 8 Housing and Student Housing
In the member’s section for all the landlords, property managers and real estate agents, there is a new frequently asked questions page to help answer a lot of the questions we normally receive from email. We hope the FAQ page will help anyone having a problem uploading and editing their rental ad listings. (more…)
