Jane Meggitt

A fourplex may be a good place to start if you’re considering testing the waters as a residential real estate investor. It’s also a sound investment for the first-time homebuyer, as you can live in one of the fourplex units and rent the others—your tenants pay the mortgage. If you want it strictly as an investment property, that’s not a problem, although it may limit some attractive financing options.
What Is a Fourplex?
A fourplex is a multifamily home with four separate units under one roof...

Your credit report plays a huge role in your financial life. About one-fifth of consumers have errors on their credit reports. Some types of errors don’t have much effect. But some are bad enough to cause your score to drop, or worse, cause a creditor or employer to reject you.

Credit report errors can impair your ability to buy a car, get a mortgage, rent an apartment, or get a job. They can also affect how much you pay in interest. If you find an error in your credit report, take steps to dispute it right away. ...

Artificial Intelligence (AI) is transforming the lending industry. Upstart uses AI to help more people get loans. Unlike traditional lenders, Upstart takes more than an applicant’s credit score into consideration.
Upstart says its method offers 43 percent lower rates than credit-score-only models, and that it can approve more applicants than other lenders. Applicants with lower or no credit scores may still qualify for an Upstart personal loan. See what an Upstart personal loan can do for you...

By Jane Meggitt
The Federal Trade Commission has recently rejected several high-profile healthcare mergers and acquisitions, in some cases even after state regulators had approved the deal. As of mid-June, the FTC has already blocked what it calls “anticompetitive hospital mergers” three times in 2022 alone. Is this a legitimate reaction to a healthcare environment becoming less competitive, or is the agency overreacting?
St. Peter’s Healthcare System and RWJBarnabas Health
The FTC authorized...

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Nothing quite ruins your day like receiving an audit notice from the IRS. How far back can the IRS audit you? In most cases, Internal Revenue Service audits reach back a maximum of three years –but exceptions to the audit period apply.

The more capital available, the easier it is to obtain favorable loan terms and other perks for real estate investment. This is the basis of how real estate private equity firms work. Rather than deal with per-project financing, projects are developed using private equity fund financing. This allows funds to invest in big, high-quality projects. Private equity provides scale.
At its basic level, a real estate private equity fund is a partnership designed to raise money for ongoing real estate...

Land, they’re not making any more of it. That’s why investing in property started the road to riches for many of the world’s great fortunes. Even those who made their money elsewhere invested in real estate. For instance, Bill Gates is the largest private farmland owner in the country. If you’re thinking about property investments, here is what to know before taking the plunge.
Real estate is the classic way to build wealth. Rented property generates a steady stream of monthly payments. The p...

Do you need a business license to sell online? The answer is generally yes.

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Volatility in the stock market can make it difficult to know how your stocks will fare from one year to the next. But when it comes to long-term investing, understanding the average stock market return can help you plan your portfolio. The average stock market return tends to be a...

The dotcom bubble was the huge overvaluation of internet-based companies between 1995 and 2000. When that bubble burst, the stock price of those companies crashed and the broader stock market crashed, as well.
At the close of the 20th century, retail and services on the internet was the new, big thing. A new era was underway and the old rules didn’t apply—until it turned out that they did. Very few of the dot.com companies were profitable. Learn how investors found out, the hard way, that ign...

In just a few years, fintech has experienced quite the boom. Four short years ago, fintech accounted for 5% of personal loans. Now, that has skyrocketed to 45%, and the future of fintech appears robust. The COVID-19 crisis has only magnified the ways fintech has become more useful for the average consumer. Partnering with the right digital innovators and fintech companies can help banks prosper. It is all about financial evolution.
Fintech and Banks
Banks have already adopted many of fintech’...

For Bronx residents, the glitter of Manhattan is less than 30 minutes away at a fraction of the price. The Bronx offers some of the most affordable neighborhoods in New York City’s five boroughs, and a large variety of housing choices. In fact, a single-family home in the Bronx may sell for $200,000 to $300,000 less than a comparable dwelling in Brooklyn or Queens.
About 1.4 million people call the Bronx home, and it’s one of the most diverse areas in the country, with more than one-third of ...

Some states allow expungement of criminal records. New York is not one of them, with the exception of minor cannabis crimes. Expungement involves erasing or completely removing a criminal conviction. In essence, after expungement the court treats the conviction as if it did not happen.
While expungement is not an option, it is possible under certain circumstances to have a criminal record sealed in New York. When a record is sealed, it continues to exist. However, it is no longer available to...