Although my wife is a hard money transactional lender. I sometime use OPM, (Other People’s Money) whenever possible. Leverage allows me to do far more transactions than I ever could on my own. Remember, it’s always better to have ...
Tagged with: investing
Read More »Q: What to do when the Board does not do what is required by the CC&Rs? Nancy. A: Great question. You have five alternatives: (1) sue the board for breach of fiduciary duty; (2) organize the unit owners, and mount ...
Tagged with: condo
Read More »Dear Mr. Berko: I’m active in my church, doing God’s work for the poor and homeless, and we’ve done lots of good work. I’ve been reading you for 25 years, and none of your columns has spoken for the poor ...
Tagged with: Poor
Read More »We have all had things happen in our lives that have taken us down, knocked the wind out of us, and left us feeling stunned and overwhelmed. Hopefully it didn’t take you out of the game, and you managed to regroup ...
Tagged with: Investor's Corner
Read More »Q: My mother called me around 5pm on this past winter stating she did not have any power. It was extremely cold and I told her to call her condo association and get help quickly since the temp was below ...
Tagged with: condo
Read More »Dear Mr. Berko: In 2009, we took a huge gamble and bought 4,000 shares of Genworth at $1.95 a share, and it’s now $4.50. We should have sold this stock when it was in the teens but didn’t because a ...
Tagged with: Berko
Read More »Q: I live in a large condo complex (350+ units) with seven different associations plus a Master Board. My association consists of only 18 units, the smallest association. As president, I have two questions: (1). Regarding the Master Board, we ...
Tagged with: ADA
Read More »Dear Mr. Berko: We have a $262,000 portfolio that yields 5 percent, and we need those dividends to live on. Recently, our stockbroker had us take some profits and losses, and now we have about $60,000 in cash to invest. ...
Tagged with: stocks
Read More »by Nasar. El-arabi If you have a property that you are looking to lease, chances are you have a homeowners’ insurance policy. And if you don’t, it is wise to have one in place in order to not only safeguard ...
Tagged with: Insurance
Read More »Understanding tenants’ rights is valuable for all parties. Landlords benefit by avoiding potential pitfalls and liability issues. For tenants, being knowledgeable means avoiding harmful situations and having greater leverage. The Implied Warranty of Habitability is a doctrine contained implicitly ...
Tagged with: tenants
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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
