November 2012

8. Atlanta 8 of 10 Median home price in 2012: $122,000 Projected home price in 2015: $164,253 Projected annual rent in 2015: $12,255 A knotty foreclosure problem has plagued Atlanta's housing market, with thousands of vacated homes weighing on home prices. In March, the city recorded a 17.7%…

Traditional collection agencies are complicated, time-consuming and keep 35% of what they collect.  A lower cost option is a service we provide through the credit reporting agency we use.   For $35 each debtor a national collection agency will send a series of letters (including…

Many, many comments on yesterdays post asking for more information on why buying an investment now is so attractive. It's simple - our prices are low, our rents relatively high and the historically low interest rates mean carrying costs are very very low.  For example:…

Not a lot but we are starting to see an uptick in rental rates. $25 to $50 a month in many cases.  We're also seeing a dichotomy in tenants. With lenders making it very hard to get a loan  we are seeing tenants with strong…