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Peter Keane-Rivera owns single-family homes that he rents by the room to maximize cash flow. He's shopping around for a third home, as his rent-by-the-room strategy has generated healthy cash flow. Advertisement"I know how to upgrade properties to make them produce at least $1,000 of positive cash flow every month," said Keane-Rivera. Renting by the room is more hands-on and not for everyone, but can create more cash flow and lower your overall risk. "You diversify your cash flow by having four tenants under one roof instead of one," said Keane-Rivera.
Persons: Peter Keane, Rivera, , " Keane, Keane, I'd, it's Organizations: Service, Business, Facebook Locations: Seattle, Roomster
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. Concert and event ticket scamsFans were especially eager to see big-ticket acts like Beyonce and Taylor Swift as they toured this summer. Vacation lodging scamsVacationers who sought rentals or other services in popular destinations may have found themselves prey to fake listings. Such vacation scams meant travelers could find themselves out money as well as a place to stay. "But at the end of the day, those listings are fake listings, which puts consumers at risk," he said.
Persons: Taylor Swift, Kevin Winter, Beyonce, Fabara, Rob Bonta, Letitia James, Roomster, James, Tashdique Mehtaj Ahmed Organizations: Getty, Visa, New York, Federal Trade Commission, FTC, Federal Student Aid Locations: Inglewood , California, California, U.S, York
NEW YORK, Feb 1 (Reuters) - A U.S. judge on Wednesday ordered the roommate matching service Roomster to face a lawsuit by the Federal Trade Commission and six states claiming it used fake listings and reviews to take millions of dollars from people struggling to find affordable housing. In seeking a dismissal, the defendants said they had ceased the alleged improper conduct in 2018, that the FTC lacked power to sue, and the user reviews were not deceptive under state laws. The lawsuit sought civil penalties and an injunction against violations of federal and state unfair trade laws. In October, the FTC sought public comment on whether to adopt a rule to combat deceptive or unfair endorsement practices, such as by using fake reviews, suppressing negative reviews and paying for positive reviews. The case is FTC et al v Roomster Corp et al, U.S. District Court, Southern District of New York, No.
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