Author Archives: bobcain

New Laws Keep Landlords from Refusing to Rent to Felons

By Robert L. Cain In Texas, if a landlord rents to a convicted felon, he or she can be sued for negligence.  No, so far it hasn’t happened, but certainly could. Granted the felony has to be one of the … Continue reading

Posted in Uncategorized | Leave a comment

Retire? Maybe Not

By Robert L. Cain A Nationwide Insurance study found that 31 is the average age people begin saving for retirement.  But will they ever be able to retire?  Are most people in a position, or will they ever be in … Continue reading

Posted in Uncategorized | Leave a comment

Slower Wage Growth Could Mean Future Problems

By Robert L. Cain “Wage growth has hit a wall,” economist Joseph Song, wrote in a report for Bank of America.  Analysts had expected 4 percent growth but were taken aback at 3 percent and sometimes lower depending on an … Continue reading

Posted in Uncategorized | Leave a comment

The Unconscious Tenant

By Robert L. Cain They don’t mean to, but things just happen to them. They aren’t conniving and deceitful, just unconscious. These are people who go through their lives making one bad decision after another, who have a black cloud … Continue reading

Posted in Uncategorized | Leave a comment

The Plight of the Innumerate

By Robert L. Cain They are innumerate. That means exactly what you think it does; it’s like illiterate except with math. Give innumerate people a simple math problem such as “Which of the following numbers represents the biggest risk of getting a … Continue reading

Posted in Uncategorized | Leave a comment

How Financial Illiteracy Is Hurting the Millennials

By Robert L. Cain They were 18 years old, got a free t-shirt, $5,000 in debt, and a 600 FICO score. Before the Credit CARD Act’s implementation in 2010 made them stop, credit card companies set up tables on college … Continue reading

Posted in Uncategorized | Leave a comment

Who Pays With Cash, and Why or Why Not?

By Robert L. Cain, Copyright 2020 Property News Service Cash is king, at least for $19.99.  If $25 or less will bill buy it, chances are that’s what you’ll use, at least if you’re under 25 or over 45.  A … Continue reading

Posted in Uncategorized | Leave a comment

The War on Landlords

By Robert L. Cain Own rental property?  Homelessness is all your fault. Shortage of available rentals is all your fault. Higher rents are all your fault.  State legislatures are on the warpath to make housing better for renters but are … Continue reading

Posted in Uncategorized | Leave a comment

Account Takeover Fraud Is on the Rise

By Robert L. Cain By the time the Tucson police pulled her over, Randi Marie Hartjen had severely damaged the credit of six Phoenix-area women using stolen identities to rent or purchase six vehicles.  How she did it shows how … Continue reading

Posted in Uncategorized | Leave a comment

Living With Mom and Dad? Maybe

By Robert L. Cain Kids are moving back home with mom and dad more than at any time in recent history. The Census Bureau reports “More young people today live in their parents’ home than in any other arrangement: 1 … Continue reading

Posted in Uncategorized | Leave a comment