Word: rightfulness
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...Crunch the numbers. In many parts of the country the rental market is soft too - thanks in part to shadow inventory like houses from Accidental Landlords. If you're paying $1,500 a month on your mortgage but can only rent it for $1,000, is renting the right solution? It could make more sense to sell the house at a loss, especially considering that rent proceeds are taxed as income. "Sit down with a calculator and really do the numbers," says John Yoegel, a real estate instructor and author of Surprise! You're a Landlord: A Guide to Renting...
...consider hiring a property management company, especially if you're moving out of town. Just realize that such a service can easily cost a couple hundred dollars a month, often 10-15% of the rental price. Include that in your calculations about whether or not renting is the right financial decision in the first place...
...Will this theater strategy pay off? "I give them credit, because boxing needs to try something," says Marc Ganis, president of SportsCorp LLC, a consulting firm. Overall movie theater attendance has actually risen during the recession, so the timing seems right. But Ganis worries that sports consumption has become too personalized - in the living room, on the computer, on the cell phone - for fans to abruptly change their habits. "The days when a mass audience went to movie theaters to watch a live event have come and gone," he says...
After nine months of nuclear and long-range missile tests, the detention of two American journalists, and a barrage of hostile rhetoric, Kim Jong Il now has the U.S. right where he has wanted it all along - ready to sit across the bargaining table, one on one. The Obama administration said late last week it is willing to negotiate directly with Pyongyang, if only, in the words of State Department spokesman PJ Crowley, to get back to the six-party format invented during the George W. Bush administration...
...This time, the immediate message was much more ambiguous, coming as Berlusconi continues to reel from a months-long sex scandal that has shaken his bearings and loosened what should otherwise be a tight hold over Parliament and his center-right coalition. As the first reports of the Thursday-morning bombing - which also killed 10 Afghan civilians - at an outdoor market in Kabul came in, the Ministers of Defense and Foreign Affairs both forcefully declared Italy's resolve to maintain its military presence in Afghanistan in the face of what Defense Minister Ignazio La Russa called a "cowardly" and "devious...