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Tag Archives: Metrolina Real Estate Investors Association

INVESTORS’ CORNER: Know your “Nut”

                                                     (Part 4 of a Series) What does it take each month for you to cover all your essential living expenses: rent; or mortgage, taxes and insurance (PITIA); food; clothing; transportation; insurances; utilities; home maintenance; and other necessary monthly ...

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Closing on foreclosures: Inventory down, but deals still out there

Some homebuyers associate foreclosures with bargain-basement prices and oodles of profits. Others view the prospect of a distressed-home purchase as rife with potential pitfalls, including hidden rehab costs and multiple title liens. The truth lies somewhere in the middle. Although ...

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Wall Street taps Main Street: Investment firms looking for return on Charlotte’s rental homes

Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.

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