Free Republic

Dear Big Move, I’m struggling with the idea of selling a rental property that has both a high monthly maintenance fee and a high mortgage rate. The costs to keep this house are currently higher than the monthly income it generates. I recently refinanced in order to pull out $100,000, so now I owe $420,000 on the property, which is worth approximately $750,000. My recent refinancing increased my mortgage rate from 5.14% to 7.9%, essentially eating up all my cash flow. I’m on the fence. Should I sell, or should I refinance for a better rate to free up cash...

A divided Supreme Court on Tuesday denied a request to block a US Centers for Disease Control and Prevention order that prohibits landlords nationwide from evicting certain tenants who fail to pay rent amid the Covid-19 pandemic. The court's order means the moratorium will remain in place until July 31. Chief Justice John Roberts and Justice Brett Kavanaugh joined with the court's three liberals to keep the moratorium in place. Justices Clarence Thomas, Samuel Alito, Neil Gorsuch and Amy Coney Barrett said they would have granted the request.

While homeownership may be a key part of the American dream, a lot of people rent their homes. Why they do it is irrelevant. What matters is that their money is good and they are (usually) good tenants, right? It seems that’s not enough for one New Jersey outfit. They also want to tell you that you’re not allowed to own guns if you want to live in one of their properties. Another “nobody is trying to take your guns” success story. It has come to our attention that a housing development group called RPM Development Group is prohibiting their...

A 58-year-old airport worker was charged Friday with allegedly planning a suicide bombing at a passenger terminal at the Wichita Mid-Continent Airport in Kansas. The suspect, Terry Lee Loewen, an avionics technician who lives in Wichita, was arrested earlier in the day as he attempted to use his security pass to drive a vehicle that he thought contained explosives onto the tarmac at the airport, law enforcement officials said at a news conference in Wichita. In fact, the car contained only dummy explosives. U.S. Attorney Barry Grissom said Loewen spent months developing a plan to drive a carload of explosives...

Legislature Approves Renter Smoking Ban Updated: Monday, 15 Aug 2011, 7:12 PM PDT Published : Monday, 15 Aug 2011, 7:12 PM PDT Sacramento - Landlords will be able to ban smoking on their properties, including inside rental units, if Gov. Jerry Brown signs a bill sent to him by the state Senate. Democratic Sen. Alex Padilla of Los Angeles says his bill is designed to give families more smoke-free options. He says 86 percent of Californians don't smoke, yet smoke-free multifamily housing remains comparatively rare.

Sheriff's deputies on Monday arrested two reputed gang members suspected in a brazen daylight assault on a father as he attempted to take his 13-year-old daughter home from a Christian elementary school. Kyle Stowers, 18, of Lancaster and Renaldo Mixon, 25, of Lennox were arrested early Monday evening on a felony charge of assault with a deadly weapon or force likely to produce great bodily injury related to the Nov. 21 beating. "We expect to have more arrests in the future," said Detective Bill Costleigh of the Lancaster Sheriff's Station. Costleigh is assigned to Operation Safe Streets, one of the...