Should You Buy A Rental For Your Kid To Live When They Go To College?, What You Must Do Before You Attend A Real Estate Auction, NJ Governor Signs FAIR ACT

Should You Buy A Rental For Your Kid To Live When They Go To College?

Real Estate Tip:

Do your homework before going to and participating in a real estate auction. Decide in advance what the maximum allowable price you'll pay for each property you choose to bid on. Auctions encourage impulsive buying behavior. There's always someone dumb enough to pay too much for a property--better to let that person overpay while you live to spend your more wisely another day.

Real Estate News:

NJ Governor, Mikie Sherrill signed The New Jersey FAIR Act (Forbidding the Algorithmic Inflation of Rent Act, A3497) on July 20, 2026, that prohibits landlords and software companies from using non-public competitor data and pricing algorithms to artificially coordinate and inflate rental housing costs.

Outdoor Home Improvement With Highest ROI, Rule #1 When It Comes To Property Mgmt Companies, Red October On The Horizon??

Outdoor Home Improvement With Highest ROI

Real Estate Tip:

When you hire a property management company to manage your property, make sure you require the individual or company to sign a written agreement that spells out roles, responsibilities & payment terms.

Real Estate Insight:

$8B of multifamily commercial mortgage-backed securities is coming due in the second half of this year, with some in real estate predicting a “Red October” because of expected mortgage defaults.

Do You Really Need Homeowners Insurance?, Utility Company Hack To Help Value Property, Housing Unit Size Drops

Do You Really Need Homeowners Insurance?

Real Estate Tip:

Before you buy a previously owned property, call the local utility companies to try to get historical gas, electrical and water usage info. This will help you more accurately predict your operating expenses.

Real Estate Insight:

The unit size for new housing starts has declined 10% since 2018. New single-family homes are shrinking as cost-constrained buyers respond to soaring prices and builders try to reduce building costs.