9 Ways to Get Rich Quicker
In general, the team at Kiplinger champions the idea of getting rich slowly. But if you're willing to take some calculated risks to do it faster, here are some proven paths.
In general, the team at Kiplinger champions the idea of getting rich slowly. But if you're willing to take some calculated risks to do it faster, here are some proven paths.
Despite the new housing construction boom, there are still lots of empty foreclosures out there, which banks have been trying to rent. But now, Wall Street wants to bundle those rental properties into securities and sell them to investors. Does this sound disturbingly familiar?
For real estate buyers who have the cash and credit to take advantage of historically low mortgage rates, there is one market type that tends to be more resilient than others: the college town. Consider investing in one of these 10 student meccas.
Jack, 70, is still working full-time at an environmental agency for the state of Tennessee, earning $60,000 a year. He has no debt, and a good amount of savings, and an income property. What he doesn't have is a clear picture of whether he's in a good position to retire.
Andy Buman has been financially responsible, and invested wisely in two rental properties and a home of his own in the Omaha, Neb., area. His small real estate empire is doing well, and he has saved an extra $20,000. His question for DailyFinance's Laura Rowley: Which loan should he apply it to for the best return?
For nearly two years, economists and real estate experts have been on the lookout for the bottom of the housing market. That time is here, says Russell Price, a senior economist with Ameriprise Financial, a financial services company.
In today's shaky real estate market, more and more homeowners are becoming landlords, often as an unexpected necessity. Whether you're renting out your old house, an investment property or even a single room, being the landlord means tax breaks -- and you should take every one you can.
Vacancy rates have been declining at apartment buildings across the U.S., sending rents soaring. And because housing makes up a big part of core inflation, those higher rents could translate into a doubling of the inflation rate this year.
For years, the property management business has been stuck in the Dark Ages -- using faxes, paper ledgers and out-of-date spreadsheet software. But as the foreclosure crisis adds millions of people to the rental market, new startup RentJuice is aiming to bring property management into the Internet Age.
Despite new federal laws designed to protect them, many tenants are caught up in foreclosure dramas as building owners struggle to keep their properties. If the real estate market doesn't improve soon, the problem could get even worse.
It's still early, but so far it seems that there are still plenty of good deals for travelers. High-end homes appear to be faring well, but weakness in the investment property market could be a telling indicator.











