Tag: income property investing
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Seeking Justice? Landlord-Tenant Disputes Clog the Courts
One of the most famous stories about the fabled King Solomon’s wisdom involves two women who come before him in dispute over who is the true mother of an infant. As all followers of the great King’s wisdom know, Solomon proposed to solve the dispute by chopping the child in two, a strategy that exposed…
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Tapping IRAs to Fund Investments: A Prudent Choice?
“Old age is a crown of dignity, when it is found in the ways of justice,” says King Solomon in Proverbs 16:31 – one of his many proverbs about reaping the rewards of a wise and careful life. But many Americans nearing retirement age haven’t saved enough to retire and enjoy the rewards of that…
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Millennial Job Seekers: A New Lost Generation?
Although the words of wisdom in King Solomon’s proverbs offer good advice for everybody, it’s also clear that the monarch also meant them specifically for the young. ”The parables of Solomon,’ he begins the book of Proverbs, “To know wisdom and instruction. to give subtilty to little ones, to the young man knowledge and understanding.”…
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The High Cost of Knowledge: Private Student Loans on the Rise
King Solomon’s views on the importance of knowledge and wisdom, and the wise counsel that provides those things, weave throughout the entire Book of Proverbs – and his words hold truth for every generation. But as we’ve noted before in this space, the escalating costs of wisdom are creating an economic crisis, as new college…
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Reverse Mortgages: A Prosperity Plan that Can Backfire
For King Solomon, the later years are a time to reap the rewards of a long prosperous life and enjoy the blessings of God. “Old age is the crown of dignity,” he says in Proverbs 16:31,” when it is found in the ways of justice.” But for many Americans of retirement age and beyond, money…
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New Rule Rewards Prudent Borrowers
As King Solomon says again and again in his Proverbs, prudence and responsible living according to the will of God leads to prosperity. “Get wisdom, and with all thy possession purchase prudence,” he tells us in Proverbs 4:7. That’s advice well taken in today’s tighter lending atmosphere, where the upcoming Qualified Mortgage Rule rewards prudent…
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Why the Loan Slowdown?
King Solomon, that wise and wealthy monarch, advised the rich to deal fairly and kindly with the “little guy.” “He that showeth mercy to the poor shall be blessed,” he says in Proverbs 14:21. Getting the nation’s big mortgage lenders to show some fairness to the victims of mortgage fraud and new loan applicants has…
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Fannie Mae and Freddie Mac: an Uncertain Future?
King Solomon advocates prudence in all things, and that includes patience and discernment about decisions. “Substance got in haste shall be diminished,“ he tells us in Proverbs 13:11, and that’s a truth reflected in the rollercoaster rise and fall of stock in government lenders Fannie Mae and Freddie Mac, whose fortunes soared dramatically and dropped…
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Lenders May Forgive Foreclosures
King Solomon’s world was very different from today’s. But his advice on living a life blessed by God through wisdom, prudence and dealing justly with others is timeless. And even though credit reports didn’t exist in his day, his proverbs on mercy and fairness come to mind as lenders in the current housing market open…
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Do Big Lenders Lack Mercy and Truth?
King Solomon’s Proverbs remind us that honesty and fairness are keys to living a life blessed by God. “Let not mercy and truth leave thee,” the king says in Proverbs 3:3. “Write them in the tables of thy heart.” But, as we’ve noted in this space before, the virtues of mercy and truth are in…