OMAHA, NEB. Mobile goes by theslogan “secretly awesome,” according toits tourism website ,and is near Pensacola, Fla. Itwas also recently ranked No. 2 in U.S.
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Rent-A-Center Donates $20,000 to Atlanta Community Food Bank
MIBOR warned that the scammers are sophisticated enough to post their phony for-rent ads more? info… on authentic Internet sites such as Craigslist and Zillow, hoping to lure people to submit personal financial information and even financial down payments. Once sent in, the money disappears and theres no house available to rent. Many scammers commit this crime outside the United States and request wire transfers, which cant be traced once received. Once consumers submit completed applications containing confidential information or send a deposit, they often become victims without even knowing it until move-in day, the Realtors group said. To avoid becoming a victim of the scam, MIBOR suggests that renters always contact the real estate agent or landlord who is listing the property for rent. Renters should also be aware of the average rental rates for apartments and homes in their area; if the price sounds too good to be true, it probably is.
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Beware of ‘For Rent’ ad scams, Realtors group says
The donation is in addition to the grassroots hunger-relief campaign being staged across Rent-A-Centers 3000-plus U.S. stores throughout September. Dubbed “Soup to Nuts” and in support of Hunger Action Month, this virtual food drive leverages Rent-A-Center stores as collection points for cash donations. The donated funds will be distributed to food banks across the country at the conclusion of the month-long campaign. “On behalf of the Atlanta Community Food Bank and our partner agencies, Id like to thank Rent-A-Center for the wonderful donations the company has given us this month,” said Sarah Fonder-Kristy, Vice President of Development for the Atlanta Community Food Bank. The funds and freezers will truly help in our efforts to feed more people in our community. Rent-A-Center ( RCII ), headquartered in Plano, Texas, operates more than 3,000 stores in the United States, Puerto Rico, Canada and Mexico.
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<img src='http://bpropmgmtandrealty.com/Rental_Property_Management.jpg' width='200px' moved here style=’float:left;padding:5px’ />
(Sept. 5) news
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Unconventional Play on Rental Properties
The ultimate outcome of these different models is unknown, but the market hasso far supported Altisource Residential. Acquisition strategy The company has a stated goal of acquiring loans that will lead to 5,000 rental properties in the first year. Back in the second-quarter earnings report , the company listed NPL acquisitions that will total approximately 4,100 loans representing $820 million in unpaid principal balance, or UPB, and $625 million in underlying property value. In most cases, the company is paying an amount that is less than the property values — providing huge potential value assuming the property can be quickly turned into a productive asset.
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Housing Market Revival To Push SoCal Rent Prices Higher
In the past few years, it has taken a number of actions, including raising insurance premiums and tightening underwriting standards, to stay solvent. The government mortgage insurer plays a key role in helping those with low and modest incomes obtain credit to purchase a home. Consumer advocates maintain the support it has given to low-income borrowers and the housing market as a whole has been worthwhile. The FHA insures about $1.1 trillion in mortgages and supports 15 percent of all U.S. mortgages, up from about 5 percent in 2006. It is legally required to keep a 2 percent capital ratio, which is a measure of the fund’s ability to withstand losses.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/09/25/us-usa-housing-bailout-idUSBRE98O13N20130925
According to the study, Los Angeles County had the second-lowest vacancy rate at 3.2 percent, down 10.6 percent. On average, renters countywide baltimore property management companies paid an average of $1,435 per month and had the largest rate of increase at 2.86 percent. The vacancy rate for Orange County was also at 3.2 percent, down 12.4 percent; and the Inland Empire was 3.6 percent, down 17.3 percent. The sharp rise in demand is being primarily driven by deteriorating home affordability, according to Richard Green, director of the Lusk Center and co-author of the study. Despite marked improvements in employment and the overall economy, the rapid increase in home prices and interest rates are pricing first-time homebuyers out of the local market, Green said. As more and more of these households become renters instead of buyers, we will continue to see fewer vacancies and higher rents. Santa Monica had the highest average rent price at $2,328, while Victorville had the lowest at an average of $755.
For the original version including any supplementary images or video, visit http://losangeles.cbslocal.com/2013/09/24/housing-market-revival-to-push-socal-rent-prices-higher/
Cole Real Estate Investments, Inc. Added to S&P and Dow Jones Real Estate Indexes
Miller is turning the H Street building into what he hopes will be a popular new restaurant, market and bar on a street where flashy new eateries and boutiques are sprouting from empty lots and boarded up buildings. You democratize an investment in real estate, not only do you get capital, you actually get a social power that wasn’t possible before,” said Miller. Now that the rules against marketing to investors are gone, Fundrise and others like it can solicit funds far more easily. Owning a part of a building can now be just a click away. In fact, the Miller brothers have already shifted the focus of their business from real estate development to a web platform that will help others use crowdfunding for real estate. “We’ve launched now with 50 developers around the country.
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Westdale Real Estate snaps up Irving office building
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Mackey, along with Gary Carr , John Alvarado and Robert Hill of CBRE represented the seller in the deal, Capital Commercial Investments Inc. The office property is 94 percent leased, with tenants such as Fox Sports Net Southwest’s studios and offices for AT&T Services, Advancial Federal Credit Union, TWG Insurance and CRM Studios. The two- and three-story building sits on 15.2 acres of land at the corner of Royal Lance and Colwell Boulevard.
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Even though tenants filed a petition with the Rent Board, which determined that Cox was only entitled to increase rent for each unit by $137, some of the tenants also filed a lawsuit against him. A court awarded the renters $1.7 million in damages for legal fees and moving costs, since the rent increase forced most of them to move out of the building (see “Oakland Landlords Put on Notice,” 3/30/2011). Although the tenants eventually settled with Cox out of court, the case prompted the rent board to take a closer look at debt service. According to Connie Taylor of the Oakland Rent Board, the board voted to eliminate landlords’ ability to transfer debt-service costs to tenants in 2009, but the recommendation, which needed approval from the city council, stagnated in City Hall for nearly two years. Eventually, the board revisited the recommendation, and in April 2012, voted to amend it to allow a 7-percent cap on debt-service transfers. In June of this year, both proposals finally came before the Oakland City Council’s Community and Economic Development Committee.
For the original version including any supplementary images or video, visit http://www.eastbayexpress.com/oakland/oakland-rent-laws-to-be-debated/Content?oid=3719780
Rent-A-Center Donates $20,000 to Gleaners Community Food Bank of Southeastern Michigan
The donation comes on the heels of a recent donation of 10 refrigerators earmarked for partner agencies of the food bank. The Detroit-based food bank is one of eleven across the nation sharing in $250,000 worth of Rent-A-Center funding for hunger relief this year. The donation is in addition to the grassroots hunger-relief campaign being staged across Rent-A-Centers 3000-plus U.S. stores throughout September. Dubbed “Soup to Nuts” and in support of Hunger Action Month, this virtual food drive leverages Rent-A-Center stores as collection points for cash donations. The donated funds will be distributed to food banks across the country at the conclusion of the month-long campaign.
For the original version including any supplementary images or video, visit http://www.fool.com/investing/businesswire/2013/09/23/rent-a-center-donates-20000-to-gleaners-community-.aspx
Many commentators still believe that displaced public housing residents flooded into the Chicago suburbs. Instead, research shows that displaced residents mostly stayed within Chicagos city limits, where they largely had access to Chicagos extensive bus system and other services. They didnt go too far. Many moved to poor, African American neighborhoods of the south and west sides of the city, says Popkin. visit the website The CHA redevelopments also led to a small net decrease in crime overall during a study period in which crime declined significantly, according to the Urban Institute.
For the original version including any supplementary images or video, visit http://urbanland.uli.org/Articles/2013/Sep/AndersonChicagoHousing
Rent Kate and Wills’ Anglesey Home, Their First Place Together
Boatbound.co is a “boat sharing” company from Silicon Valley that has recently expanded to Miami. Also known as a “peer to peer” company, the company puts together a network of boat owners who want to share their boats when they are not using it and make some money. Photo: The Miami Herald, Al Diaz ADVANCE FOR WEEKEND OF SEPT. 21 – This Sept.
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Alamo Rent A Car Brand Enters Turks and Caicos
23, 2013, 10:00 a.m. EDT Alamo Rent A Car Brand Enters Turks and Caicos Paradise Auto Rental & Sales Named Franchisee for Popular Caribbean Destination PROVIDENCIALES, Turks and Caicos, Sept. 23, 2013 /PRNewswire via COMTEX/ — Enterprise Holdings today announced that it is franchising the use of its Alamo Rent A Car brand to Paradise Auto Rental & Sales Company Ltd of Turks and Caicos.
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“This island has been our first home together, and it will always be an immensely special place for us both,” William said in his goodbye speech to isle locals. The ask is, for now, a mystery, but you could probably bet that the farmhouse’s newest rentersthe first since the couple lived therewill pay considerably more due to the frenzy-inducing popularity of the previous tenants. Estate details are scant, but we (well, via E Online’s avowed tipster, so take everything with a boulder of salt) do know that the place comes with an estuary, a farmyard, beach access, and “stunning views of Snowdonia.” Oh, and perhaps the most valuable bonus of all? The possibility of seeing/meeting the couple in the flesh: “Catherine and I look forward to returning again and again over the coming years with our family,” William said.
For the original version including any supplementary images or video, visit http://homes.yahoo.com/news/rent-kate-wills-anglesey-home-first-place-together-180021496.html