Real estate owned or REO is a class of property owned by a lender, typically a bank, and most commonly acquired after an unsuccessful sale at a foreclosure auction. This is common because most of the properties up for sale at these auctions are worth less than the total amount owed to the bank (negative […]
Category Archives: For Investors
Market Bottom and Affordable Prices Draw Investors to Real Estate
Affordable prices and what looks like the bottom of the housing market are attracting investors to the housing markets today, as the number of consumers interested in investing in real estate has doubled since March 2009, according to the recently released Move.com Homeownership Survey. Low prices, the extended and expanded home buyer tax credit ($8,000 […]
Late Rent Notice
Being a landlord means having a multitude of legal forms on hand at all times, even if you don™t ever get to use them, however, chances are, you will need a late rent notice at one point or another. While a late rent notice sounds like a fairly simple legal form to write out, it […]
Tenant Eviction
One of the most difficult things a landlord ever deals with is the eviction of a tenant. Regardless of how cold hearted or callus the landlord may seem about the issue of eviction, it is a very difficult decision to make. The overall need to maintain the revenue stream and the protection of their investment […]
12 Ways To Fail At Real Estate Investing
We™ve all seen, or at least heard about the TV shows that seek to teach us how to succeed in real estate investing. While many of these programs offer a decent education on the subject matter, they often fail to include critical elements that can, and will dictate the success, or failure of your real […]
Becoming A Landlord
Becoming a landlord can be a good way to make money if you play your cards right. But it doesn’t happen overnight. Be prepared to do some homework before you get started, or you could end up losing money and put yourself in legal jeopardy. The price is right If you live in an […]
Investors: Tax Treatment Of Real Estate Sales
The Taxpayer Relief Act of 1997 provides that you can exclude the gain on the sale of a home so long as the home is sold after 6 May 1997 and the taxpayer lived in the home for two of the past five years. The maximum amount of gain that can be excluded is $250,000, […]
Welcome to Jason Opland & The Opland Group’s Blog! Columbus Real Estate News!
Hello Columbus Residents (& Beyond!)~ My name is Jason Opland and I’d like to welcome you to my blog “Columbus Real Estate News“. This will be an inside look at the always exciting Columbus, Ohio real estate market. For over 15 years, I have specialized in helping clients buy and sell homes in Columbus and […]