Here are some of the changes coming to retirement plans due to the SECURE Act 2.0. By John Bowens, Director, Head of Education and Investor Success, Equity Trust Company President Biden signed the 2023 Consolidated Appropriations Act, an Omnibus Bill, on December 29, 2022. Included in this bill is the SECURE 2.0 Act (SECURE Act 2.0), a set of provisions related to...
By Brad Beckett Statista says 50 out of the 75 largest cities in the U.S. are currently running a deficit and, in some cases, a pretty hefty one. Today's chart illustrates those cities with the highest municipal debts per taxpayer. Indeed....Stay safe and have a Happy Friday!! "...despite being obligated to pay employees' pension and retiree health care benefits when these come...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing-Home Sales Drop 0.7% in January The National Association of Realtors is reporting that existing home sales were down 0.7% in January to a seasonally-adjusted annual rate of 4 million (down 36.9% year...
City of Maumee Proposed Rental OrdinanceThe city of Maumee is attempting to slam through a terrible rental registration and inspection law. This law, if it passes, will negatively affect every investor in Northwest Ohio. We are asking people to show up at council and use this as a guide and for talking points when you address city council. Maumee City...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Foreclosure Starts Increased 15% in December ’22 According to Black Knight’s “first look” report for December, 2022, the national delinquency rate on first lien mortgages increased to 3.08% in December, but finished the...
Image via Pexels As an investment property owner in Toledo, OH, you want to ensure your home is appealing to renters. The goal is to find quality tenants who will take care of your property and pay their rent on time. To do this, you must ensure your home is up to par regarding repairs, features, amenities, and design. Consider these...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website LA County California Extends Eviction Moratorium According to U-Haul’s annual Growth Index, Texas, Florida and the Carolinas were the preferred destinations of one-way U-Haul truck rentals during 2022, ranking as the top growth...
As expected, the Fed hiked its benchmark Fed Funds Rate by 25 basis points at its meeting last Wednesday. The Fed has now hiked the Fed Funds Rate eight (8) times since last March, bringing it to a range of 4.5% to 4.75%. The Fed Funds Rate is the interest rate for overnight borrowing for banks and it is not the same...
By Brad Beckett This Sunday, February 12th, the super deluxe happy fun bowl (aka Super Bowl 57) will be played in Glendale, Arizona. The Kansas City Chiefs and Philadelphia Eagles will battle it out to claim the top NFL crown. Today's graphic from the U.S. Census Bureau asks if someone from your hometown is playing in the "big game." It simply...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Pending Home Sales Up 2.5% in December The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was down 0.1% in December, 2022. However, the all...