Landlords are turning away students, or looking to startup apps to get around security deposit limits
By Georgia Kromrei (therealdeal.com) Brokers are sounding the alarm on one unintended potential consequence of the new rent law— and it most acutely affects those new to New York. Since apartment owners are no longer allowed to charge more than one month’s rent as a security deposit, landlords may not be able to rent to […]
By Maya T. Prabhu, The Atlanta Journal-Constitution
A North Georgia woman is suing her former landlord, alleging that he evicted her because she invited her black co-worker to visit the Adairsville home she was renting. Victoria Sutton, a white woman who now lives in Calhoun, claims the couple who own the house launched into a racist tirade telling her they don’t allow […]
City to partner with community organizations to finance creation of safe, quality basement apartments in East New York
NEW YORK— Today, Mayor Bill de Blasio signed landmark legislation to create a pathway for transforming certain basement and cellar apartments into safe, legal, affordable homes. The new law establishes a three-year demonstration program to facilitate the creation and renovation of apartments in the basements and cellars of qualifying one- and two-family homes in Brooklyn […]
Real estate is a great way to grow your wealth because asset tends to appreciate over time.
We have often seen in the media, celebrities’ rags-to-riches-to-rags stories. It is unfortunate that some people can earn an adequate amount of money, more than the average American, only to squander it on commodities, or sometimes they, unfortunately, fall on hard times. Real estate is a great way to grow your wealth because asset tends […]
By Equity Smart Realty
For most people, a real estate purchase is the most important transaction of their life. Buying a home holds sentimental value; you’re able to pass on your home to your children, or you can sell it to cash in on the accrued equity. There are various ways to fund a real estate purchase. Financing your […]
By Chereen James
Many of us would often watch the home-buying process as shown on TV in fascination. Buyers are shown finished and updated properties where they can raise a family, one that’s close to work or whatever perks they desire in a house. However, the rarely shown real estate participant is an investor. Their component of the […]
By Chereen James
Do you find yourself moving from apartment to apartment within one and two years, just to pack up and move again? Do you get annoyed with disruptive knocking, texting or calling every first day of the month for the rent? You need to fire your landlord today. How? By becoming a homeowner. When you are […]
By Chereen James
Before you buy, sell or invest in real estate, know your role and know your goal. There are multiple participants in a typical real estate transaction: the buyer, seller, their respective attorneys, and the title company. Many homeowners seek the assistance of a real estate broker to negotiate the sales price and to bring about […]
In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you sell your home this year: Exclusion of Gain. You may be able to exclude part or all of the gain […]
By Tatyana Bellamy-Walker. For New American households, buying your first home can be the pathway to stability. Many Caribbean immigrants first came to the U.S. during the early 1900s, bought brownstones in largely white neighborhoods in Harlem and Brooklyn, then anchored dozens of generations in the U.S. According to a report by the Migration Policy Institute (MPI), nearly 31 percent or 3 million undocumented immigrants […]