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Author: Jessica Wong

  • ‘I’m within my rights’: This NYC business owner erected a 50-foot steel fence on his property, cutting off the sidewalk and 10 parking spots. Now it’s causing a neighborhood nightmare

    ‘I’m within my rights’: This NYC business owner erected a 50-foot steel fence on his property, cutting off the sidewalk and 10 parking spots. Now it’s causing a neighborhood nightmare

    In a move that’s angering local businesses and neighbors, a longtime business owner in Astoria Heights has put up a massive steel fence that cuts off a public sidewalk and roughly 10 parking spaces.

    Anthony Della Vecchia, who runs Michael Della Vecchia & Son General Contractor on Hazen Street, paid about $25,000 to install the permanent fence in April along 19th Road. He says years of illegal dumping and a recent fall that landed him a lawsuit are justification enough, according to Fox 5.

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    The fence spans 50 feet of sidewalk and stretches several feet into the street.

    Della Vecchia sees no issue with it, pointing to a city tax map that he says proves the sidewalk and part of the roadway fall within his property lines.

    “I’m within my rights,” he told Queens Post.

    ‘That fence is only going to make things worse’

    The city isn’t on board with Della Vecchia’s logic, however.

    The Department of Transportation (DOT) issued him an encroachment notice of violation on April 17, giving him 30 days to get rid of the fence. Della Vecchia said he is not taking the fence down before his court date.

    It’s not the first time Della Vecchia has been involved in local controversy. He put up temporary barriers and “No Standing” signs after a woman reportedly tripped on the sidewalk and sued his business in January 2024.

    This time, things aren’t much different. Della Vecchia’s neighbors and nearby business owners have concerns.

    Former City Council Member Costa Constantinides, who lives nearby, called the fence dangerous and ridiculous.

    “He’s creating a traffic issue,” Constantinides told Queens Post, pointing out that the fencing makes turning onto 77th Street more dangerous. “I’ve seen some terrible car accidents on that corner. That fence is only going to make things worse.”

    The fence has also created headaches for drivers. The day it went up, several parked cars were trapped inside the enclosed area.

    A Reddit post showing at least three boxed-in vehicles went viral, with residents claiming they received no proper notice. One commenter said they parked their car two days earlier, only to find it fenced in with no way out. Della Vecchia says that he posted signs in advance and placed barrels along the curb.

    The digital uproar has spread on social media, where users are calling for city action and criticizing what they see as a selfish move that puts private concerns over community welfare.

    But Della Vecchia pushed back against this sentiment.

    “Why do I have to consult people to do something on my own property?” he said.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Bad for local business?

    The impact of the fence has the potential to hit small businesses in the area hard.

    Foot traffic is important for nearby stores, as without sidewalk access, casual shoppers might just avoid the area. Less pedestrian flow can mean lost sales, accessibility issues for customers and a less inviting streetscape, which can be damaging for mom-and-pop shops that already operate on thin margins.

    The dispute could open the floodgates and spark legal battles over public right-of-way, drain city resources or even lead to financial pressure on nearby tenants if customer numbers drop.

    Constantinides emphasized that the community would have been more understanding if Della Vecchia had talked to his neighbors before taking action.

    “There could have been a resolution here had he come to us and worked with the neighborhood and tried to say, ‘Look, here are my grievances. Here are the things I need fixed,’” he told Queens Post.

    Instead, the situation has become a neighborhood nightmare.

    Now, all eyes are on the approaching May 17 deadline, when Della Vecchia will either have to take the fence down or take his fight to court.

    For now, the fence remains — and so does the controversy.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘I was going to lose my Medicare’: Oklahoma man says Social Security benefits cut without warning — what you can do

    ‘I was going to lose my Medicare’: Oklahoma man says Social Security benefits cut without warning — what you can do

    James McCaffrey was blindsided when found out his Social Security benefits were suspended. The 66-year old received no warning or explanation — just a bill.

    “It said that I needed to pay $740 before the 25th of this month or I was going to lose my Medicare,” McCaffrey told Oklahoma KFOR.

    The Oklahoma City retiree, who was born on a U.S. Army base in Germany, suspects that his birthplace may be the reason his benefits were terminated, after recent comments from Department of Government Efficiency (DOGE) leader Elon Musk.

    With nearly 69 million Americans expected to rely on Social Security benefits in 2025, McCaffrey’s experience highlights the growing uncertainty for retirees facing potential cuts.

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    "They could be out of the house. They could be out of food.”

    It all started when McCaffrey received a Medicare bill demanding payment. Medicare premiums are usually deducted from his Social Security check, so this was the first sign something was amiss.

    After contacting Medicare, a representative hinted that his Social Security might have been suspended. McCaffrey immediately reached out to the Social Security Administration, and was shocked to discover his benefits had indeed been suspended.

    McCaffrey received an email the following day indicating that his benefits would resume in April, but there was no mention of the March payment he had missed.

    When he checked his bank account, McCaffrey saw that the March payment had been deposited, but the lack of explanation left him uneasy.

    Changes in eligibility can impact Social Security benefits, like a change in work status, unreported income or a marital status change. But none of these applied to McCaffrey.

    Earlier, Elon Musk, who heads up DOGE, suggested cuts to Social Security, referring to the program as a “Ponzi scheme.”

    Musk also claimed, without evidence, that illegal immigrants are fraudulently collecting benefits, calling for their removal from the system, in addition to 150-year olds.

    “[Federal entitlements] is also a mechanism by which Democrats attract and retain illegal immigrants, by essentially paying them,” Musk said during the March 10 interview on Fox Business. “If we turn off this gigantic money magnet for illegal immigrants, then they will leave.”

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    McCaffrey remembered Musk’s comments and wondered if his foreign birthplace was the reason for his benefits being suspended, even though he is an American citizen and has a legal birth certificate. So far, McCaffrey has not received an official explanation from Social Security.

    In the meantime, McCaffrey worries that others could be dealing with similar Social Security benefit cuts, "I’ve been a diligent Boy Scout type, I prepared," he said. "But, no, I shouldn’t have to," McCaffrey notes that losing Social Security benefits, even for a short time, could have serious consequences for those living paycheck to paycheck. "They could be out of the house. They could be out of food. I don’t know," McCaffrey says.

    How to handle a cut in Social Security benefits

    For McCaffrey, like many seniors, retirement was supposed to be a time to enjoy more family time and travel with his wife.

    But instead, the uncertainty surrounding his benefits has put a damper on those plans. "I’d hate to have to turn around and say, ‘Well, I have to worry about my next check,’" he said.

    Former Social Security administrator Martin O’Malley appeared on NBC News and warned that proposed DOGE cuts could impact Social Security benefits for millions of Americans. Here’s what you can do if your benefits get terminated.

    The first thing to do if your benefits are cut is contact the Social Security Administration to find out the reason for the suspension and ask if there are actions you can take.

    If you don’t agree with the decision, you can file an appeal. You have 60 days to file an appeal from the date you get your termination notice. You can also ask for a reconsideration.

    You could also consider getting temporary financial assistance if your benefits are cut if you’re in immediate need.

    Finally, if you need to, seek professional help to navigate the system.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘What did I sign?’: A Houston man claims his illiterate stepfather — who doesn’t speak English and struggles with memory loss — was scammed into taking on $98K of solar panel debt

    ‘What did I sign?’: A Houston man claims his illiterate stepfather — who doesn’t speak English and struggles with memory loss — was scammed into taking on $98K of solar panel debt

    Isable Aguirre, a 72-year-old Houston resident, can’t read or write and speaks only Spanish. The senior also struggles with memory loss.

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    His stepson thinks these factors made Aguirre the perfect target for unscrupulous solar panel salespeople who left him in massive debt, according to a report from KPRC 2.

    The senior said he doesn’t remember signing consenting or signing to buy solar panels that have been installed on his house since 2023. But his stepson, Oscar Garcia, believes that’s exactly how the trouble started.

    “Even if you come to his house and tell him, ‘Hey, sign this and sign that,’ he will sign it,” Garcia told KPRC 2. “And then next time he’s like, ‘What did I sign?’”

    Aguirre recalled, “I clearly told them I didn’t want that, and they ran away.”

    But now, he has solar panels sitting on his roof, locked and inactive. No payments have been made on them, but he is staring down nearly $98,000 in debt.

    Garcia said a lien has been placed on his stepfather’s home.

    Solar panel complaints up over 800% in 5 years

    Aguirre has lived in his Northside Village home for more than 15 years, and relies solely on Social Security for income.

    According to Garcia, the sales team pitched a too-good-to-be-true story: “They were telling him something about that, I think Medicaid was going to pay for them or his Social Security was going to pay for them.”

    Garcia wasn’t present when the deal went down, but a contract he shared with KPRC 2 names Texas Energy Resources Innovation as the contractor, and GoodLeap as the loan company now charging Aguirre.

    Texas Energy Resources Innovation is not Better Business Bureau accredited and has an F rating for failure to respond to 15 complaints filed against it.

    GoodLeap is BBB accredited and holds an A rating, but it’s also racked up over 1,000 consumer complaints in the last three years. The company was also named in a 2023 lawsuit by the Minnesota Attorney General, accusing it and three others of “making misrepresentations and engaging in other deceptive conduct while marketing their loans to prospective customers.”

    According to a report from non-profit Texas Appleseed, solar-related consumer complaints to the Texas Attorney General’s Office jumped a massive 818% from 2018 to 2023.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    “Many of the harmful practices targeted older Texans and people who are not native English speakers,” it said. “These practices included misleading statements that residents would no longer receive electric bills after panels were installed, false promises of government tax credits, and forgeries of signatures or other deceptive practices used to execute financing contracts.”

    Common complaints included defective or damaged goods, problems with sales practices, failure to provide repairs, and unsatisfactory workmanship. In about 8% of cases, customers said they were billed for equipment or services that they never received.

    Forty-two percent of the complaints involved solar loans, and another 11% mentioned leases, which are the two most common ways people pay for residential solar. GoodLeap and Solar Mosaic were the lenders most commonly cited in the complaints.

    Lawmakers are paying attention. House Bill 1640 would require the Public Utility Commission of Texas to create a consumer guide for going solar. Meanwhile, Senate Bill 1036 aims to create a regulatory framework to protect consumers.

    How to protect yourself

    Thinking about going solar?

    The Federal Trade Commission (FTC) warns that solar scams can begin with a phone call, a message on social media, or a simple knock at the door. Here are some things to keep in mind when dealing with solar salespeople:

    • There’s no such thing as free solar panels, even if someone claims the government will cover the cost under a special program.

    • Salespeople may exaggerate or lie about rebates, tax credits, or utility incentives that you can receive. Make sure to do the research and verify these facts yourself.

    • Don’t get pressured into signing on the spot or paying upfront or immediately.

    • Promotional rates or short periods of relatively low payments are often used to mask the true cost.

    Solar can save money, but only if the deal is real and right for you. With the solar industry growing fast, it’s more important than ever to read the fine print, check company credentials, and never rush into a deal, no matter how sunny it sounds.

    Vist the the U.S. Department of the Treasury’s Consumer Solar Awareness website for more useful information and guidance to avoid scams.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • This Naples couple was duped into handing over $2M in gold: How to stay safe against precious metal scams

    This Naples couple was duped into handing over $2M in gold: How to stay safe against precious metal scams

    In a heartbreaking scam that’s left a Naples couple reeling, two fraudsters tricked the 72-year-old couple into handing over more than $2 million worth of gold.

    The ordeal has left the elderly couple shattered. The gold is nearly impossible to trace, making it unlikely they will get their stolen assets back.

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    “They took money from their accounts and purchased gold,” Lt. Bryan McGinn of the Naples Police Department explained to Gulfcoast News Now, “Once they had the gold, the fraudsters sent a courier to pick it up, telling the victims that the gold would be safely stored and eventually returned to them.”

    For several months, the couple was under the impression that the gold was being safely held and stored. Later, they discovered they had been duped and contacted local authorities for help. By then, the fraudsters had vanished with their precious assets.

    Couple duped into believing gold was safely stored

    According to McGinn, the scam began when the couple was contacted multiple times by the fraudsters.

    The scammers claimed they had a warrant for the couple’s arrest and threatened they would be detained unless they purchased gold and handed it over. They were instructed to buy gold in coins or small bars, with the promise that it would be safely stored and returned later.

    Authorities intercepted Soyeb Rana, one of the suspects, as he arrived to pick up gold from the couple. He faces several charges, including conspiracy, scheme to defraud, fleeing and eluding, and possession of marijuana.

    “This is a sad situation,” McGinn said, offering advice to others who might find themselves in similar circumstances. “Law enforcement is never going to request money. There’s never going to be an exchange of assets for your freedom or anything like that in this country. Just take a second, take a breath, contact local law enforcement. And we don’t mind figuring out together whether something is legitimate or not.”

    The arrest is a step forward in the case, but the recovery of the gold remains unlikely.

    With precious metals frauds like this on the rise, here are some tips to keep your assets protected.

    Top red flags to look for with precious metal frauds

    The precious metals sector has become a magnet for scams. Gold, silver and other precious metals often bring out the worst in fraudsters who target unsuspecting investors. Whether you’re a seasoned investor or just beginning to explore this market, stay vigilant so you don’t fall for scams. Here’s how you can spot the warning signs of potential fraud and take steps to safeguard your investments.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Be wary of high-pressure sales tactics

    If you’re being rushed into making a decision without time to think, that’s a huge red flag. You might hear phrases like “this deal won’t last long” or “you need to act now.” Legitimate dealers, on the other hand, will give you time to research and consider your options. Be wary of any dealer or salesperson who guarantees profits or pitches an investment opportunity that seems too good to be true. While precious metals can be an effective hedge against inflation and market volatility, no investment is risk-free, and no one can guarantee returns. If someone claims they can, it’s almost certainly a scam.

    Avoid unlicensed or unregulated dealers

    Before you buy, ensure the company or individual you’re dealing with is properly licensed and regulated by government bodies like the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC). Research the company thoroughly, check reviews on trustworthy sites like the Better Business Bureau (BBB) and consult a financial advisor before you make big decisions.

    Always ask for documentation

    Every precious metals transaction should include a receipt, contract, or invoice. Be sure to read everything carefully and never sign anything you don’t fully understand. Some scams also involve too much focus on the physical possession of metals. While it’s common for investors to want to hold their gold or silver, some shady dealers push the idea that physical possession is the only way to safely store your investment. Legitimate dealers typically recommend secure, regulated storage options to ensure your assets are well-protected.

    Steer clear of unsolicited calls

    If you’ve received an unsolicited call, email, or social media message offering an "exclusive" investment opportunity, that’s another potential red flag. Scammers often reach out cold, offering deals that seem too good to pass up, or in the case of the Naples couple, scaring them into acting in a hurry. Scams like this are unfortunately on the rise, but the more you know, the better equipped you’ll be to avoid being a victim.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • I’m 38, lost my job last week, and my basement just got flooded — which will cost me a depressing $20,000. My parents don’t have money to lend me. Is taking out a HELOC my only option?

    One of the biggest risks that come with owning a home is the potential for emergency repairs. And while there’s never an ideal time to be hit with an urgent reno that’ll cost you thousands, these emergencies have a knack for popping up at the worst of times.

    Let’s say, for example, that you’re 38 years old and you were recently laid off due to company downsizing. You’re in the process of looking for a new job when, out of nowhere, a pipe bursts and your basement is flooded.

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    You’ve always been financially responsible, and you’ve paid off more than half of your mortgage. But mortgage payments and saving for retirement has made it tough for you to save money for emergencies. And since pipe bursts that lead to flooding often require extensive repairs, you’re now staring at a $20,000 emergency expense at a time when you don’t have a stable income.

    You’re in a jam, and you’ll likely need to borrow money to pay for this emergency renovation. Making matters worse, your parents don’t have any money that they can loan to you.

    One of the options that you may consider is a Home Equity Line of Credit (HELOC), which allows you to use the equity you’ve built in your home to borrow money. But here’s the big question: should you take out a HELOC while you’re unemployed, or is that a dangerous decision considering you don’t currently have a steady income?

    Let’s get into whether a HELOC is a good decision for you.

    What is a HELOC?

    A HELOC is a line of credit that lets you borrow money against the equity you’ve built in your home, usually up to 85% of your home’s appraised value, minus what you still owe on your mortgage.

    You can draw from it as needed during what’s called the “draw period” (typically five to 10 years) and during that time, you only have to make interest payments. After that, you enter the “repayment period,” when you start paying back both the principal and interest.

    If you already have a HELOC open and you’re confident that you can find employment within a few months, using it might make sense, especially for urgent home repairs. But if you’d need to apply for one while unemployed, this might not be the best strategy — unless you can prove to the lender that you have alternative income or savings.

    In that case, it may be time to consider alternatives. Let’s walk through the pros and cons of a HELOC in this situation.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    HELOC: Lifeline or landmine?

    When you’re staring down an unexpected $20,000 home repair with limited savings, a HELOC can look like a solid financial lifeline. But you should do your homework before acting on this option.

    The pros

    One of the biggest perks is that interest rates are usually much lower than what you’d get with a credit card or personal loan, especially if you have good credit. That alone can save you a chunk of change over time.

    HELOCs also offer flexibility that most loans can’t match because you’re not forced to borrow a big lump sum all at once. Instead, you can draw what you need, when you need it.

    There’s also a potential tax break in play. If the funds go toward qualified home improvements, the interest might be deductible come tax time. Not everyone qualifies and the IRS rules can change, so it’s worth running this perk by a tax professional to see if you qualify.

    Don’t forget that this is equity you’ve already built. Instead of racking up high-interest credit card debt, you’re tapping into an asset you own. In some cases, that can be a smarter way to ride out a rough financial patch.

    But it’s also important to understand the risks.

    The cons

    If you’re unemployed and don’t already have a HELOC in place, getting one approved could be tough. Lenders usually want proof of reliable income before handing over access to your home’s equity. Without that, you could get turned down or face higher interest rates as well as stricter repayment terms.

    And of course, a HELOC is backed by your home, so if things don’t work out — such as borrowing more than you can handle or your job search takes longer than expected — you could risk losing your house.

    There’s also the matter of variable interest rates. Most HELOCs don’t come with a fixed rate, which means your monthly payments could go up if interest rates rise, which is not ideal when you’re already juggling financial instability.

    While HELOCs can be great in a pinch, they’re not a replacement for long-term financial stability. They can buy you some time, but they won’t solve the bigger picture if income doesn’t come back into the equation soon.

    If using a HELOC feels like stepping into risky territory, you’re not completely out of luck. There are other ways to handle financial emergencies without putting your house on the line.

    Alternatives for borrowing money in a pinch

    If your credit is in good shape, you might qualify for a credit card with a 0% introductory annual percentage rate (APR). That could give you a year or more to pay for the repairs without accruing interest, but the key is to be sure that you have a plan to pay off the balance before the promotional period ends.

    Credit unions are another option worth exploring, as they tend to be more flexible with personal loans than traditional banks and often offer better rates. If you are a member with a credit union or have a local branch nearby, start there.

    Depending on where you live, there may be government or nonprofit programs available to help cover emergency home repairs, especially for issues like leaks, water damage or mold. These programs often support veterans, American Indian or Alaska Natives, those with limited income and residents of rural areas.

    Picking up temporary or gig work can also be helpful as it can improve your standing with lenders. Even a modest stream of income is better than no income when you’re trying to qualify for financial loans.

    Using a HELOC to weather a financial storm isn’t necessarily a bad idea if you already have one open and feel confident about landing a job soon. In that case, borrowing modestly to keep your home in working order could be a smart, cost-effective move.

    But trying to open a new HELOC while unemployed? That’s a much riskier path. Without income, lenders may shut the door on you. And even if you happen to get approved for a HELOC, it could put your most valuable asset — your home — in jeopardy, especially if your financial situation doesn’t bounce back in time.

    When it comes to deciding on a HELOC, weigh your options and consider speaking to a financial advisor before making any big decisions.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘My father built that house’: Houston senior says squatter is suing her after taking over home that’s been in her family for 70 years — by using a ‘legal backdoor’ to claim possession

    A decades-old family home is now the center of a high-stakes legal showdown after a Houston woman says a man squatting on the property filed an adverse possession lawsuit, essentially claiming it as his own.

    Glory Gendrett says her family’s roots run deep in the Sunnyside neighborhood, where her father built the home on Clover Street nearly 70 years ago. Now, she’s fighting tooth and nail to keep what’s hers.

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    “It’s a huge part of my family because my father built that house,” Gendrett shared with KPRC 2.

    But what was once a symbol of generational legacy is now tangled up in unpaid taxes and a legal quagmire that’s pushed Gendrett, 73, to the edge.

    Gendrett said she moved out in 2014 after a break-in left her shaken. Making matters worse, she found that she was unable to keep up with the rising property taxes. And while the deed to the property was later transferred to her and one of her sisters, the unpaid taxes ballooned into the tens of thousands, which opened the door for trouble.

    Gendrett’s efforts prove to be futile

    Gendrett claims a neighbor informed her that a man had broken into the home and was living on her property. She says calls to the police went nowhere — the issue, she was told, was a "civil matter." But the system didn’t make it easy for her to fight back.

    “I went to different places trying to get somebody to help me get this taken care of,” Gendrett recalled. “What do I need to do, who do I need to talk to, this group, that group, you know, legal aid, a lot of different people, and I’ve had no help.”

    Her son, Lloyd Hudson Jr., tried to confront the man living inside the home but, according to Hudson, the man claimed his mother had given him the keys.

    “I said, ‘well, my mother has two kids, two grandkids, why would she just give you the keys?’” said Hudson.

    But the man, identified in court documents as Marquise Busby, wouldn’t leave. Busby then went a step further and filed an adverse possession lawsuit, asserting that since he’s been living in and maintaining the home since 2014, it now legally belongs to him.

    The lawsuit states Busby’s been handling the upkeep, paying utilities, mowing the lawn and raising horses on the property. But when KPRC 2 reporter Robert Arnold visited the home, he found boarded-up windows, trees and vines choking the structure of the house, and no horses in sight. One piece of siding reportedly dangled loose, a symbol of a house in complete disrepair.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Neighbor attempts to save the day

    Court records reveal that Harris County first moved to collect back taxes in 2017. The legal drama stretched on until 2019 when the county initially won a judgment, but that ruling was tossed when it was discovered that one of the heirs to the property was never properly notified.

    Fast forward to 2024 and a final judgment hit Gendrett and her now-deceased sister’s estate for nearly $30,000 in taxes, fees, penalties and interest.

    Hudson found a company to help the family set up a payment plan, preventing the property from going up for auction. That’s when neighbor Jerome Harris stepped in, offering to buy and fix up the home.

    "It’s destroying the neighborhood, it’s an eyesore,” Harris said. But his attempt to buy the house was blocked by the squatter who refused to vacate. Now, with the taxes resolved, Gendrett thought they’d finally reclaim the home. But instead, Gendrett and her family were blindsided by Busby’s adverse possession lawsuit.

    Dana Karni, director of litigation services for Lone Star Legal Aid, said these types of cases are rare and hard to prove.

    “One of the elements that’s more challenging is that the person living there needs to have been there in a way that’s, quote, ‘open and hostile,’” Karni explained. “That means they’re not hiding the fact that they are possessing the property, and in fact, they do not have the owner’s permission.”

    Gendrett and Hudson are still searching for an attorney. In the mean time, their formal response to the lawsuit was a handwritten letter to the judge that Gendrett filed herself.

    If you snooze on your property, you could lose it

    In U.S. real estate, there’s a legal backdoor that can hand your property to someone else without a sale, will or a single dollar exchanged. According to Cornell Law School, adverse possession is “a doctrine under which a trespasser, in physical possession of land owned by someone else, may acquire valid title to the property.”

    Under the right circumstances, a person can take over land they don’t own and eventually become the legal owner. All it takes is time, persistence and a few strategic moves.

    The idea behind adverse possession is rooted in practicality: if you abandon your property long enough and someone else takes care of it like it’s theirs, the law might just reward them for doing so. Think of it as the legal system’s way of saying “use it or lose it.”

    But adverse possession is not a free-for-all squatters’ paradise. The bar is set quite high — in order to win an adverse possession case, the claimant has to check off some very specific boxes:

    • Actual: The squatter is living on and in possession of property that doesn’t belong to them.
    • Open and Notorious: The squatter’s possession of the property is obvious to anyone paying attention. An adverse possession claim cannot succeed if posession of the property is a secret.
    • Exclusive: The squatter cannot share control of the property with someone else.
    • Hostile: Not in the angry sense, but legally speaking, it means the squatter is using the property without the true owner’s permission.
    • Continuous: The squatter must occupy the property openly and continuously. Depending on the state, that can be anywhere from five to 20 years.

    The financial consequences of this situation could be huge for Gendrett and her family. A vacant lot in a growing city like Houston could be worth hundreds of thousands of dollars. If you forget about your unused property, someone else could walk in, clean it up and eventually walk away with the deed, all without paying you a cent.

    Gendrett’s story should serve as a warning to homeowners, landlords and heirs throughout the country. Keep an eye on your property, pay those taxes and don’t let it sit idle for too long, because in the eyes of the law, possession really can be nine-tenths of ownership.

    “At this time of my life, 73 years old, I have exhausted all I can do,” Gendrett wrote to the judge. “I don’t know where else to turn.”

    The court battle is set to go to trial in 2026. Until then, the fight for the Clover Street home and the legacy it holds rages on.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Trump brothers bet big on Bitcoin: Eric and Don Jr. launch major crypto mining venture — what that means for your investments

    Trump brothers bet big on Bitcoin: Eric and Don Jr. launch major crypto mining venture — what that means for your investments

    Eric Trump and Donald Trump Jr. are going all-in on the digital currency space with the launch of a new Bitcoin mining venture, American Bitcoin.

    The Trump brothers, already known for their ventures in real estate and investments, are merging their company, American Data Centers, with crypto giant Hut 8 Mining Corp. to form the new entity.

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    The Trumps will own 20% of the company, with the remaining 80% controlled by Hut 8. For its part, the latter will contribute around 61,000 mining machines from its vast data centers, according to The Wall Street Journal.

    The deal positions the Trumps at the intersection of two highly profitable industries, real estate and cryptocurrency.

    Trump family doubles down on crypto

    Launched in February, American Data Centers is the latest project from the Trump brothers, teaming up with Dominari, a boutique investment firm tied to the Trump Tower. This venture marks the third major crypto-related initiative from the family in less than a year, showing their growing presence in the digital currency space.

    Earlier in 2024, the Trump brothers rolled out World Liberty Financial — a company offering two types of digital currency — followed by the $TRUMP meme coin just before President Trump’s swearing-in.

    So, why Bitcoin?

    Bitcoin remains the gold standard in the cryptocurrency world, despite other coins like Ethereum, Tether, and even Dogecoin gaining some attention.

    It is the oldest and largest crypto, and it’s mined through energy-intensive computing to unlock new tokens. Eric Trump, chief strategy officer at American Bitcoin, sees it as a hedge against the family’s real estate holdings. He’s even hinted at the potential for a “Bitcoin reserve” and possibly going public with the company in the future.

    Donald Trump Jr. also called the new venture a “major opportunity,” in a press release, emphasizing the family’s “conviction in Bitcoin” and the potential for profits if mining operations are done right. Despite the connection to their real estate empire, the brothers are trying to separate American Bitcoin from the Trump Organization, though concerns over conflicts of interest remain.

    The volatility of crypto has been a big topic, especially with the market’s roller-coaster ride tied to regulatory shifts, so this move by the Trump family is attracting attention.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    What does high-profile interest in crypto mean for your investments?

    With Eric Trump serving as Chief Strategy Officer, the venture gains instant recognition, possibly paving the way for more celebrity-backed investments in Bitcoin mining. This move could signal a rise in institutional interest in mining, key to validating Bitcoin transactions and securing blockchain networks.

    For individual investors, this development could bring several changes.

    To start, the launch of a major mining operation like American Bitcoin could impact Bitcoin’s supply and influence its price volatility, because public perception can influence short-term pricing.

    From a regulatory perspective, as crypto mining gains more spotlight, it could prompt new regulations, especially surrounding its environmental footprint and energy use. The EPA has already stated it plans to review the climate effects of crypto mining.

    In terms of investment opportunities, the venture may open up fresh investment products tied to Bitcoin mining, giving investors a chance to diversify their portfolios.

    Given these developments, here are a few tips for adjusting your investment strategies.

    Think about adding exposure to Bitcoin mining to diversify, either by investing directly in mining companies like American Bitcoin or through financial products that track mining performance.

    It’s important to stay alert to regulatory updates. Crypto mining’s increasing visibility could lead to new regulations, particularly on taxes and environmental issues. For example, the IRS requires taxpayers to report all digital asset transactions, including mining income.

    As always with any investment, be aware of the risks. Keep an eye on the environmental and energy costs associated with mining operations.

    These factors, among others, could influence future regulations and the profitability of mining ventures. Check legitimate resources such as Internal Revenue Services Digital Assets, the U.S. Securities and Exchange Commission and Financial Crimes Enforcement Network and talk to your advisor.

    The Trump brothers’ push into Bitcoin mining shows their ongoing search for wealth-building opportunities. While we don’t yet know whether American Bitcoin will be the next big hit in the crypto world, it sure is one investors should keep an eye on.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘I thought they’d take it back right away’: Social Security windfalls spark confusion — what you need to know

    ‘I thought they’d take it back right away’: Social Security windfalls spark confusion — what you need to know

    Recent changes to Social Security are leaving many recipients scratching their heads, as unexpected lump sum payments and overpayments are showing up in bank accounts — all without much explanation.

    Brooklyn resident Elizabeth Miller, 65, was shocked and confused when she noticed a large amount of money in her account. “I didn’t know what it was. I had no idea who sent me this,” Miller told News 5 Cleveland “I thought they’d take it back right away. It’s not mine. It was a mistake,” Miller added.

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    Miller’s situation comes at a time when significant changes to Social Security are affecting people’s payments and she’s not the only one.

    Mixed messaging baffles recipients

    Different Social Security reps gave her conflicting explanations about why her account balance had suddenly increased. But things didn’t stop there. As more payments and letters arrived, Miller was told the extra funds were actually overpayments she was owed.

    Still, Miller remains baffled by the large amounts showing up in her account. “I don’t understand why you would put that much money in my account,” Miller said.

    The Social Security Fairness Act was passed under the Biden Administraton, aiming to eliminate two rules that cut Social Security benefits for certain retirees: The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) reduced benefits for individuals who worked in jobs not covered by Social Security, like many state and local government workers. In addition, the Social Security Fairness Act ensures these workers receive the full Social Security benefits they’ve earned.

    This means that people like Jeff Olds, who received a lump sum payment for his wife, are now eligible for the benefits they missed out on originally.

    Olds, a 72-year-old from Brunswick Hills, said after 10 years of normal payments of about $1,600 a month, he received a lump sum of more than $14,000 from Social Security. “I was shocked at first… this never happened before,” he told News 5 Cleveland.

    “It’s pretty scary for somebody who doesn’t deal with this every day,” April Roberts, a Social Security expert and CEO of AARIA, told News 5 Cleveland. She noted that lump sum payments will start arriving on March 27. Thereafter, in instances where there was an error, Social Security will recoup legitimate overpayments by withholding 100% of subsequent checks until the balance is repaid.

    In some cases, changes to benefits may also follow new income thresholds or changes in the beneficiary’s work status.

    The problem? Social Security has been sending lump sums before recipients receive letters explaining the amounts. This lack of communication can leave people confused about why they received a deposit, or whether it’s even theirs to keep.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    What to do if you spot changes to your Social Security payments

    With all the confusion, navigating the changes can be frustrating, so here’s what you can do.

    To start, regularly review your statements and make sure your personal information is up-to-date. Set reminders if you need them. If you notice an unexpected deposit from Social Security, call your local office for clarification, but be prepared to wait. “They have access to more detailed information about your specific situation,” Roberts explained.

    If you feel that the explanation or payment amount is incorrect, you can file an appeal. If you owe money, you can file a waiver form or arrange a payment plan.

    While changes roll out, stay informed and proactive to ensure your Social Security payments are accurate and handled correctly. You can set up alerts to be notified about any new updates to Social Security.

    As for Miller, she is still waiting for confirmation letters to explain the lump sum payments in her account. “I think the letters should come before the check to explain that you’re going to be receiving something… for sure, so you don’t have to panic when that much money is placed into your bank account,” she said.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘I was devastated’: This 20-something couple lost $80K on Tesla gamble — completely wiping out their savings. Here’s where Ramit Sethi says they went wrong (and how they can recover)

    ‘I was devastated’: This 20-something couple lost $80K on Tesla gamble — completely wiping out their savings. Here’s where Ramit Sethi says they went wrong (and how they can recover)

    Paul, 27, thought he had a winning strategy. Riding a wave of headlines about President Donald Trump’s trade policy and looming tariffs, he took $80,000 that he and his wife Vicki had saved up and invested it in stock options.

    Paul was betting that automakers like Tesla would take a hit. He was confident he could time the market and make money with his options to buy or sell. But the market had other plans.

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    Instead of dropping in value, shares held strong, and Paul’s aggressive play quickly turned into a steep loss.

    “It was a very difficult thing to swallow,” Paul told Ramit Sethi during an episode of the finance guru’s podcast, I Will Teach You To Be Rich.

    The personal finance advisor invited the couple to unpack what went wrong and what matters in the long game of building wealth.

    ‘I was devastated’

    When Paul made his first options trade on Tesla, he was riding high, pocketing around $3,000. But what began as a small win quickly spiraled into a devastating loss.

    By the following day, Paul had lost $80,000 and decided to sell his position to “give in to the options trading gods.”

    “I was devastated,” he admitted to Sethi.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    The money, gone within 24 hours, was the couple’s emergency fund, saved over two years. That $80,000 wasn’t just a number, it was security.

    “It’s a big number to the both of us,” added Vicky. “The meaning behind it is freedom.”

    Paul was crushed not just by the financial blow but by what it meant for his relationship. He called Vicky to tell her what had happened, describing it as a hard pill to swallow.

    Vicky recalls hearing the distress in Paul’s voice. “I heard my husband being very anxious, very distressed, and my immediate reaction was to be the calm, cool, collected one.”

    Before their nest egg was wiped out, Paul and Vicki’s financial picture looked solid. They had zero debt, $80,000 in liquid assets, $110,000 in investments and $23,000 in savings — bringing their total net worth to $213,000.

    Now the couple is rethinking their approach to risk and working to restore what took years to build.

    While many obsess over skipping coffee or hunting for coupons to build wealth, Sethi says the real game-changers involve much bigger strategies.

    "People focus on $3 questions when they should be asking $30,000 ones," he says.

    The $30,000 questions

    According to Sethi, these are the kind of ‘$30,000 questions’ that move the needle:

    • Choosing the right career (and knowing when to negotiate or switch jobs)
    • Deciding whether to rent or buy, and where
    • Making smart, long-term investment choices
    • Planning major life goals like early retirement or starting a business

    Sethi offered some strategies to the couple to help them rebuild and move forward.

    He recommended building up a 12-month emergency fund and establishing some extra savings to provide financial security. By doing this, they will also avoid making impulsive decisions during a time of market volatility.​

    Sethi advised automating investments to maintain a consistent investment strategy and reduce the need to make decisions in the heat of the moment.

    Panic selling in a downturn can lock in losses. It’s crucial to stay informed and make decisions based on long-term goals, not fear and emotion.

    And finally, it’s important to focus on major financial decisions. By prioritizing significant life choices versus short-term market movements, you’re putting your overall financial well-being at the forefront.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • My wife and I just closed on our dream home — only to realize after all the bills are paid, we’re left with $200/month while she’s on mat leave. We have $80K in savings, but is it enough?

    My wife and I just closed on our dream home — only to realize after all the bills are paid, we’re left with $200/month while she’s on mat leave. We have $80K in savings, but is it enough?

    Picture this: A young couple has just closed on their dream home. They’re debt-free and have $80,000 in savings. The wife is on maternity leave, and after crunching the numbers, they realize they’ll have just $200 left over each month after paying their bills.

    It’s a classic case of being house poor — a financial situation where mortgage payments leave little room for anything else.

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    This hypothetical family isn’t really that hypothetical. According to the Bureau of Labor Statistics, U.S. households spent an average of 32.9% of their income on housing in 2023. That’s a significant chunk, but still manageable.

    But, if that number creeps closer to 40% — especially with tight cash flow and limited income — it’s time to reassess.

    Here are four ways this couple could stay on track financially.

    1. Build a bare-bones budget around any surplus

    When your financial margin is razor-thin, every dollar counts. The first step? Create a strict budget where every dollar has a job and no money goes to waste.

    The couple should:

    • Break down fixed expenses like mortgage payments, insurance and utilities.
    • Track variable costs including groceries, gas, baby supplies and subscriptions.
    • Eliminate non-essentials like takeout, streaming services or unused memberships.

    Budgeting apps can help visualize spending and find areas to trim. Even cutting $50 here or $100 there can stretch that $200 into something more sustainable.

    2. Treat $80K like a six-month lifeline

    Their $80,000 in savings is a huge asset — but it needs to be used wisely.

    Here’s a potential breakdown:

    • $10,000 Emergency Fund: Set this aside and don’t touch it unless it’s a true emergency, like job loss or a major medical expense.
    • $20,000–$30,000 Maternity Leave Cushion: Use this as a buffer for the next six months. That’s roughly $3,300–$5,000 per month to help fill in gaps while they’re living on one income.
    • $40,000+ Long-Term Savings: Keep this intact for future goals like investing, education or improvements. Don’t dip into it unless absolutely necessary.

    Assigning a purpose to each dollar can help the couple spend confidently without jeopardizing their long-term financial stability.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    3. Find temporary ways to boost cash flow

    With one income on hold, now’s the time to get creative. Some short-term strategies include:

    • Starting a side hustle — something low-commitment like freelancing, tutoring or delivery apps.
    • Selling unused items. Many people have barely-used goods that could bring in extra income.
    • Leveraging cash-back items. When used responsibly and paid off in full, rewards cards can stretch everyday spending.
    • Delaying major purchases like furniture upgrades, vacations or large discretionary buys until the budget loosens up.

    They could also consider adjusting tax withholdings. If they usually receive a large tax refund, reducing withholdings could boost their monthly income.

    4. Plan for post-maternity leave finances

    This tight stretch won’t last forever.

    Once both partners are working again, the couple should shift their focus from surviving to thriving. That means:

    • Budgeting for child care now, since it can significantly reduce net income.
    • Replenishing any money used from the cushion fund.
    • Resuming long-term saving and investments — whether for retirement or their child’s future.

    They may also benefit from speaking with a financial advisor to map out a long-term strategy.

    If they can get through this tight stretch without touching their emergency fund or long-term savings, they’ll emerge stronger and more financially resilient.

    Being house poor doesn’t have to be a life sentence. With disciplined budgeting, a smart savings plan, and short-term income boosts, this couple can navigate the squeeze — and still build the future they’ve dreamed of.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.