Personal Finance Daily: Time may be right for investing in rentals
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We’ve all heard the saying, “Buy low, sell high.” And when it comes to residential real estate prices, they are definitely low. But it’s not quite that simple. Amy Hoak explains today in her Home Economics column that with depressed home prices, rising rents and low mortgage rates, this might be the time for some people to invest in rentals — if they’re really cut out to be landlords. She describes what to look for in rental properties and which markets could have the best investment potential.
From rental to dental: Sink your teeth into Kristen Gerencher’s Vital Signs column on the improving outlook for better dental-care options. The dental-care marketplace is turning its attention to individuals as more insurers and discount outfits offer individual plans. That’s a bright spot for retirees and the estimated 10 million Americans who’ve have lost their dental insurance in the past few years as the recession weakened the reach of employer plans.
, Managing Editor, Personal Finance
Why investing in rentals could be a good move
As home prices fall and rents rise, some investors are plunking their money in real estate, chasing the cash flow that comes along with becoming a landlord.
Read more: Why investing in rentals could be a good move.
Drilling away at dental costs
Got teeth? If you lack dental insurance or have a skimpy policy, your options for scoring a better dentistry deal are growing.
Read more: Drilling away at dental costs.
Online real-estate ads can fall short
As home buyers cautiously re-enter the market, they’re arming themselves with information found online far more than what existed pre-housing crash. But with this great migration online has come a new set of obstacles, including errors, out-of-date information and properties that are listed on the Web but aren’t actually for sale.
Read more: Online real-estate ads can fall short.
Move over, Uncle Sam; top dividends beat bonds
Thanks to the turmoil on Wall Street, many blue-chip stocks now offer better income that Treasurys, writes Brett Arends.
Read more: Top dividends beat bonds.
M&A pop doesn’t mean market woes over
Deals don’t change the fundamental truths we’ve been hearing for the last two weeks. Hiring has stagnated along with global demand, China and output. At best, it’s a soft patch.
Read more: M&A pop doesn’t mean market woes are over.
ECONOMY AND POLITICS
Europe economy is as homogenous as U.S.: Trichet
ECB President Jean-Claude Trichet delivers a speech showing that the European economy isn’t as heterogenous as critics say, and in large part is about as homogenous as the United States.
Read more: Europe economy is as homogenous as U.S.: Trichet.
Imprecise data skew economic view: top forecaster
The economy has clearly slowed, but the extent of the downturn is being clouded by the false perception that the slump began in January, says Lou Crandall, the Forecaster of the Month winner.
Read more: Imprecise data skew economic view, says forecaster.
Greece costing ECB its credibility, independence
As nerves and tempers fray, both the German government and the European Central Bank realize that the big loser from the skirmishing over Greek loans will be overall public trust in the European monetary union, writes David Marsh .
Read more: Greece costing ECB its credibility, independence.