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 Is it against the law - no central heating fo a 3-year-old?
My sisters central heating has not worked since christmas day. She has a 3 year old son. Is it against the law if the landlord fails to provide heating in the house?...


 Self employed for over 4 years and I need home loan having probelms please help?
Ok I am 23 years old have an excellent credit score (806) I have been in my same business for more than 4 years and I have never declared bankruptcy or been late on paying my credit card bills in ...


 Closing Costs, Etc.?
I have just been approved for a First Time Homebuyers Purchase Loan for the amount of $125,000. in Southern New Jersey (this may not seem to be much but, I do not earn a great deal, and am single, ...


 When you buy a house and u own it and dont have to pay a mortgage. do you still have to pay taxes and?
home owners insurance? or do u only havr to pay that when you have a mortgage?...


 Okay to charge tenants for late rent?
I charge $20 A DAY late for a 3 bdrm at $725.I mean I am a landlord and for me it is all about money....


 Why do people think they make money from their house when actually its the bank who make the money?
I hear people say 'my house is worth £180k now and we bought it for £140k so we've made £40k. How come people who say this never factor in the interest on their mortgage, what is it n Â...


 Can you put an offer on a property with the knowledge you haven't sold your own house yet?
...


 Should I sell my flat? is now an ideal time to sell??
the husband and i are splitting up, he's got his own properties, and i've got mine (one) i'm moving to south africa and wanting to set up business (hoping to kickstart writing/art ...


 Can Anyone Help Me Find An Apartment?
i want an apartment that is not in a complex.. but i dont even know where to start... any ideas on where to find something like an inlaw suite? or an apartment ontop of a shop or something like that. ...


 Skipped out on Lease. Arkansas. Any advice.?
Hello my fellow Yahoo Answerers.

I have a rental property in Arkansas.
For the third time I have had Leasers skip out on me.
I am fed up and ready to do something about it.
...


 I live in NC and rent under 1 yr lease. Can the owners show the house for sale?? (See details!)?
The property mgmt co. managing the property asked if we would show the house (and leave for showings) if given 24 hours notice. We reluctantly agreed as we were led to believe we have no choice. T...


 How much is your morgage? Is it more than £1000 a month?
Is it hard to find the cash? Do you wish that you had rented instead of buying?...


 Renting an apartment?
My boyfriend and I (we are 18 and 19) are planning on renting an apartment really close to our college.
The fee is 450 a month (with everything except for electricity). We have a pooch and we ...


 Should I rent out my house or sell it?
I have a new house in North Dallas, TX. I built it and moved in Sept 1 2006. Now I want to move about 2 hours away for a job and I don't know if I should rent my house out for a year and see ...


 How much do you pay for rent?
Where do you live?
How big is your place?...


 As a landlord, I know it is always better to rent to a single guy than a women.?
The women are complete slobs, and even at my office (major huge company) the women tell me women in the rest rooms throw crap all over and are filthy. I never really bought into the whole June C...


 I can't help feeling bitter about this.....?
My advice to anyone leaving school and considering going to University is this - Do not attend University, become a drug addict instead.
I went to Uni, got an hons degree, couldn't find a ...


 If an apartment cost $500 monthly for rent with 2br/2bath...?
continue...and i find a roommate to fill the 2nd room, does that mean we now split the cost of the apartment? or will the price of the apartment increase? does that mean we both pay $500, or we split ...


 If your name is on a lease and you move out before the lease expires, how much rent are you liable for?
If you move into a house with your boyfriend and both names are on the lease, and you break up and move out before the lease expires, are you liable for rent only up till the date you move out, for a ...


 Predict how much will a 135K house be worth in 30 years time?
...



alex
When people say that houses are the smaretest investment youll ever make whaty exactly does that mean?
                     
 




melissaw219
There are alot of reasons. 1) Tax write offs 2) better than paying someone elses house note for them 3) Usually resell for a small(sometimes large) profit 4) Good for your credit 5) Creates equity which you can draw money from. There are alot more reasons i'm sure but thats the main ones I can think of off the top of my head.


sunshine
As long as you have real estate, it's like $ in the bank. Every year the price of property goes up, if you own a house, you always have equity in the house you can borrow $ on {remorgage} Or you can sell the property for more than what you initailly paid for it.


sara s
Rating
it means that you will always have a place to live in and that you aren't throwing your money down the drain and making somebody else rich. you can do whatever you want in your own house. as the years go by, your house is worth more, the more money you put in it. hope this helps


anointed
Rating
Investing in houses or real estate is simply one of the few investments that you are not likely to have depreciation or loss in the value of your investment.

Properties all over the world are appreciating in price almost on a daily basis.

So investing in houses either for yourself and your family or just for speculations is a good investment that with patience will bring you good returns.


whatevit
YOU HAVE TO SPEND MONEY TO PUT A ROOF OVER YOUR HEAD. Any money spent on a living environment will improve it and raise its value. You are spending money that any way you would have had to spend.

If two people each spend $750 a month, one for a house (mortgage & repairs) the other for rent not including utilites, at the end of a year they have each spent $9,000. The person in the house has paid at lease $450 on the Principal payment of the mortgage (they will get this back). If the house owner spent only $150 per month on property improvements, $1,800 could of raised the value of the house $4,000.

SO FOR THE SAME MONEY SPENT THE HOUSE OWNER MAY SEE A RETURN OF $4,450 - and they have done nothing other than what most people do (PUT A ROOF OVER THEIR HEADS). This is not investing in real estate, this is everyday life. That is why the statement is made.


sandy c
Rating
Land increases in value because of the finite supply.


Scott B
Rating
I think the phrase you have heard is "buying a home is the BIGGEST investment you will ever make." Not smartest. It can only be the smartest investment if the return outperforms every other available investment opportunity. While the return will usually be good, there are plenty of other investments with higher returns.


Gem
You have to live somewhere and paying rent is the same as throwing your money away.

The price for housing has historically always gone up, so as long as you stay in your house long enough it will have to end up being worth more than you paid. Unless you so overpay to begin with you can't catch up, but a mortgage company won't let you do that.


elmjunburke
Rating
We invest for more reasons than just getting a great return on our money. We all live in a house. Having your own that is very comfortable is an investment in good living.


________
Rating
That as long as you take good care of your house and yard, and be sure that everything is in good working order, you will usually be able to make a large profit when you are ready to sell.


adi
if you buy a house .their are chances that while selling it you cld get a higher or much higher rate than purchased.


Roxxy N
It means secured life you may get an idea about home loan from
http://homeloans.atspace.com


Kim T
Rating
It means that any money that you pay out each month (loan payment instead of rent) goes back in to your pocket. The amount of your monthly loan payment that is interest is tax deductible, so you will get a large income tax refund that offsets how much you are paying each month. And the part of the loan payment that is principal, increases how much equity you have in the house (increases how much of it you own rather than the bank).

And because prices of real estate generally go up, you are putting your money is something solid. When, or if, you ever decide to sell you will get all of your money back and then some. Not to mention having the security and idnependence of owning your own home.


Enayat k
I think when you compare the different Business's profit, this kind of investing that you said is the best.


Jay S
The premise to this advice is based on equity build up and your return on your investment. Unlike paper investments (stocks, bonds, mutual funds and insurances)which you can't buy (generally speaking) with other people's money (100% financing), houses often see double-digit increases in value and after time, can give you acces to cash that can be used to buy another one, create a cash flow or buy paper investments. Overall, an investment in real estate has an unlimited income potential while other investments are not only finite, but consider 10% to be a good investment. We normally look for a 40% or better return on our investments, and have seen returns as high as only a Microsoft stockholder could realize.


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