Word: finds
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Dates: during 2000-2009
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Call them Accidental Landlords (the real-estate pros already do). Insurance company Allstate has been tracking the new demographic by watching the wave of people switch from homeowner- to landlord-insurance coverage, a figure that's up 27% year-over-year. The web site Rent.com, which helps renters find places to live, has rolled out a new option for small-time landlords and is adding 1,000 properties a month. "We're finding that a lot of people have houses that they would have sold and now need to rent," says Rent.com president Peggy Abkemeier. "The demand is there...
...homeowners who find themselves in a cash crunch, the idea can seem like a godsend. When the recession and other circumstances put a squeeze on the finances of Brian Feehan and his partner David and they couldn't find a buyer for their 18th-century farm house, the couple decided to rent it out and move to the guest cottage next door. A brilliant solution - until the first tenants they found were a complete nightmare, calling and e-mailing every day with a string of complaints and demands. "We definitely did things differently the second time around," says Feehan. Word...
...Find a tenant. For a fee, a real estate agent will help you find tenants, but plenty of Accidental Landlords advertise on rental web sites directly. Just be prepared for some heavy lifting, including ordering up credit checks and calling past landlords and employers. "Ninety-five percent of tenant problems can be eliminated in the screening process," says Nuzzolese. Reading up on federal, state and local fair-housing law is another must-do. It's illegal, for instance, to say you'd rather not rent to a family with kids. When figuring out how much to ask for in rent...
...next eight years, Vollmann completed “Imperial” doing precisely that. His interests are equally topological and sociological: returns to Imperial not just to research the exact condition of the New River, but to talk to the sad-looking prostitutes one is bound to find along the border as well...
...consciousness, as if heard in a dream. “Crossing the river into California, giving down on the reservation’s wide green and yellow bottomlands, I received this greeting: WELCOME TO PARADISE CASINO. I don’t know if you’ll find anybody who wants to talk, said the girl at the convenience store. How about you? Nope...