Andrew Granato, Richard Rosen, and Alejandro Drexler •
Chicago Fed Letter
Over the past few years, many people in the U.S. have had to deal with damage to their homes from natural disasters, such as Hurricane Harvey. This article explains the different kinds of financial protection from natural catastrophes that homeowners can access from the private and public sectors. In 2017, Hurricane Harvey dumped over four
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There’s no denying the fact that real estate investments, when executed properly, can lead to a number of financial rewards. But while most investors think of single and multi-family homes as being the wisest investments, many people underestimate the viability of condos as a real estate investment property. While there are a number of considerations
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Whether you rent or own your home, the property, as well as its contents, should be protected with insurance. For those who own homes, homeowners insurance can protect the home and the home’s contents. If the home is a rental, the owner of the home would ensure the property, while the renter is responsible for
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The popular saying in property or real estate investment is “buy low, sell high.” So, why are more people not turning a profit on their property with such a simple rule? Because it can be difficult to know what “low” and “high” is in a market that’s constantly changing. Many people can overvalue real estate.
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Buying a vacation home is a huge decision. After all, both your money and your invaluable leisure time are at stake. Before you put an offer in on a property, you need to evaluate whether or not purchasing a second home is the right move for you. Fortunately, we can help with that. Below is
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YOTELPAD Miami, pictured above, is just one of the many multi-family developments leveraging the short-term rental trend. Airbnb and short-term rental models have flipped the hospitality industry on its head. Since the launch of the Airbnb platform back in 2008, more than 5 million “hosts” have hopped on the bandwagon, helping the company rake in
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