Will Late Rent Payments Hurt Your Credit?, Contractor Strategy You Need Before You Buy A Property That Needs Renovations, Incentive-Based NJ Zoning Reform

Will Late Rent Payments Hurt Your Credit?

Real Estate Tip:

Confirm your contractor's availability to work before you commit to buying a property that needs extensive renovations and make sure you have backup contractors that can fill in if things don't work with the contractor(s) you hire.

Real Estate News:

NJ state lawmakers are hoping to create new housing in New Jersey with an incentive-based approach, unveiling a bill that would boost aid to municipalities that update their zoning to allow for higher-density residential development.

Credit Score You Need To Buy A Home, The Perils Of Renting To Family & Friends, Housing Inventory Continues To Move In Which Direction?

Credit Score You Need To Buy A Home

Real Estate Tip:

It's generally not a good idea for landlords to rent to friends and family--mixing business and family can be very painful and costly in many ways.

Real Estate News:

With 36.6% more homes actively for sale than this time last year, July marked the ninth consecutive month of housing inventory growth across the US.

3 Ways To Boost Your Credit Before Buying A Home, How To Protect Your Money By Slow Rolling Contractor Payments, How Much Multi-Family Construction Time Has Balooned Over The Last Decade?

3 Ways To Boost Your Credit Before Buying A Home

Real Estate Tip:

Only make small payments to contractors as they satisfactorily complete mutually agreed upon milestones.

Real Estate News:

Over the past nine years, the time it takes to construct a multifamily building increased from 18 months to just over two years, compounded by supply chain issues and work stoppages during the pandemic.