RE Business Archives

See how you can keep your good tenants for decades using this simple and super cheap technique to keep your good tenants, customers, buyers, prospects and more LOVING You and Your Business!

 

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Freaked by the housing market , more would-be home buyers are opting for rentals driving rents up along the way.
But it’s not just rising rents that new renters have to worry about. A handful of new costs could make renting less than the bargain it appears.
The average national vacancy rate for rentals fell 17% last year to 6.6%, according to Reis, Inc., which tracks rental performance data. And as renting has gotten more popular, prices have jumped.
The average monthly rent, including studios, one- and two-bedroom apartments is now $986, based on Reis data. Before the recession, the average was just $930.
And in some markets, it’s far worse: In New York, rents are up 9% on average in the last five years; in San Jose, they’re up 8%.
The market is only likely to get tighter.
For the first time in memory, the federal government is actively encouraging people to rent, rather than buy.
The Obama administration’s recent housing proposal calls for Click Here for Full Video/Article (Members Only)

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How to Buy Real Estate without Banks, Money, or Credit… nor Hard Money or Private Lenders either.

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Now You can take debit cards and credit cards using this new free gadget for your cell phone. It’s called “SquareUp.” There’s no hidden gimmick or charges to get the gadget and use it on your phone; however, they do charge 2.75% of your transaction (just like a merchant account) and 15 cents for the transaction when you physically swipe the card on your gadget. If you manually punch in the info (taking the info over the phone) and the card is not physically swiped in your gadget, they will charge you 3.5% + 15cents. Still a great and awesome tool for free!

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How You Can Access Your Computers From Anywhere For FREE!

This is NOT New for those who attended the Great Investor Cruise or attend our POWER LUNCH Series.
My CPA, Mike Grinnan shared this troublesome news several months ago.  (another reason to stay tuned to AskMikeButler.com) The most disappointing aspect of this new tax law is the “targeting” of landlords and real estate investors.
The rest of the world has an effective date of Jan 1, 2012; however, real estate investors and rental property owners effective date is Jan 1, 2011. NOW!
Every “anything or anybody” that gets paid more than $600 by you in the calendar or tax year, you must now send them a 1099.
But hold on, this includes utility companies, Home Depot,… Click Here for Full Video/Article (Members Only)

The Power of Rent Talk

Rent Talk System and DVD is an absolute must for every investor and landlord. This is your New Tenant Welcome and Orientation Video. It Works!

 

 

A federal judge declared the Obama administration’s health care law unconstitutional Monday, siding with Virginia’s attorney general in a dispute that both sides agree will ultimately be decided by the U.S. Supreme Court.
 
 
WASHINGTON — A U.S. judge in Virginia on Monday declared unconstitutional a key part of President Barack Obama’s landmark healthcare law in the first major setback on an issue that will likely end up at the Supreme Court.
 
 
 
U.S. District Judge Henry Hudson, appointed to the bench by President George W. Bush in 2002, backed arguments by the state of Virginia that Congress exceeded its authority by requiring that individuals buy health insurance by 2014 or face a fine.
 
"The Minimum Essential Coverage Provision is neither within the letter nor the spirit of the Constitution," Hudson wrote in a 42-page decision. However, he declined to invalidate the entire healthcare law, a small victory for Obama.
 
The Obama administration will likely appeal.
 
The U.S. Justice Department is confident it will ultimately prevail in defending a key part of President Barack Obama’s landmark healthcare law, a department spokeswoman said Monday.
 
Spokeswoman Tracy Schmaler expressed disappointment that a federal judge in Virginia declared a key part of the law unconstitutional but said the department continued to believe, as other judges in Virginia and Michigan have found, that the law is constitutional.
 
"There is clear and well-established legal precedent that Congress acted within its constitutional authority in passing this law and we are confident that we will ultimately prevail," she said in a statement.
 
 
First decision against the law 
 
Virginia’s lawyers argued that the federal government could not regulate someone for not buying a good or service under the U.S. Constitution’s Commerce Clause and could not penalize them for failing to buy health insurance.
 
Hudson said that neither the Supreme Court nor the various appeals courts had ever extended the "Commerce Clause powers to compel an individual to involuntarily enter the stream of commerce by purchasing a commodity in the private market."
 
"This dispute is not simply about regulating the business of insurance — or crafting a scheme of universal health insurance coverage — it’s about an individual’s right to choose to participate," Hudson wrote.
 
The decision is the first finding against the law that was passed in March and aimed at overhauling the $2.5 trillion U.S. healthcare system.
 
Two judges rejected other challenges to the law, including one in Virginia last month.
 
The law has become a cornerstone of Obama’s presidency, aiming to expand health insurance for millions more Americans while curbing costs, and his Justice Department lawyers have been sent around the country to defend it in federal courts.
 
Republican leaders in the U.S. Congress have said one of their top priorities next year when they control the House of Representatives is to repeal the law. But chances of that are slim because Obama’s Democrats still control the Senate.
 
The Obama administration has vigorously defended the law and said that the state of Virginia did not have the legal standing to challenge it on behalf of its citizens, particularly for something that has yet to take effect.
 
The individual coverage mandate is a major component of the overhaul law, a bid by the Obama administration to expand coverage to the tens of millions of Americans who are without insurance and to thereby help lower exploding healthcare costs.

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