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by Ilyce Glink, Inman News
Tenant debt collection expert Bill Gray is seeing a disturbing trend: “We are getting more and more collection requests from owners who inherited the existing tenants from the seller,” Bill explains. “Problem is, all they have is the lease. They don’t have the information we need for collection. Sometimes they don’t even have the debtor’s Social Security Number.” (more…) by Matt DiChiara, MyNewPlace
A potential upshot of this ignored section could be the most cost-effective way for apartment owners to retrofit, improve or construct their apartment buildings and reap the benefits of environmentally-friendly buildings. The bipartisan legislation, passed in response to the economic troubles caused by the subprime mortgage meltdown, includes a provision that increases the amount that may be written off in the first year for improvements to residential rental property. (more…)
These common misconceptions not only slow down your eviction, they can cost you in court: 1. Thinking Evictions Are All The Same States can set their own rules –and they do. So do municipalities, and individual courts. If you are renting under any subsidy programs, this also affects your rights as a landlord. This disparity of rules affects everything from notice requirements to disposing of property. Not knowing the rules for each particular situation can cause delays, even out-of-pocket losses. Individual legal advice is your best defense. (more…) by Louisa May
On May 27, 2008, U.S District Judge B. Avant Edenfield ruled in favor of Ogeechee-Canoochee Riverkeeper, a citizen based non- profit organization, in a lawsuit filed back in November of 2006 against the U.S Army Corps of Engineers. This ruling is being hailed as a landmark win for environmentalists. At the very least, the ruling will help protect thousands of wetlands along the Georgia coast and prevent destructive tree harvesting in forested wetlands across the country. (more…) by Arrol Gellner, Inman News
Mind you, the engraver unavoidably put his or her own spin on the thing they were illustrating, and this subjectivity, along with a frequent lack of historic context, made it hard for architects to get a real grasp of historic styles — one reason for the almost cartoonish nature of so much Victorian architecture. (more…) by Dian Hymer, Inman News
Most homes are inspected for damage caused by wood pests — such as dry rot, termites, fungus, decay and wood-boring beetles — before they are sold. Who pays to correct the damage — buyer or seller — is often subject to negotiation. In a hot seller’s market with a high percentage of multiple offers, buyers frequently buy “as is” regarding known defects to better their chances. This was common several years ago when home prices were rising rapidly. At that time, owning a home was more important than the condition of the property. One problem with buying “as is” with respect to pest work is that it’s easy to overlook the fact that the work needs to be done. Many buyers who bought “as is” in recent years have not taken care of the pest repairs. (more…) by Mina V. Garrey, Commercial Capital Properties
I came across the paragraph talking about Renter’s Insurance and it made me wonder how many of my tenant actually have this type of insurance coverage. I know that when a Lease is signed, I make sure to point that out to the prospective tenant and go over the importance of having the insurance. At the end of the day however, people can choose whether they are going to purchase the coverage. (more…) by Julie Murphy The systems are available for single homes, properties with several units, and those that are over 100 units and beyond. Minimize the hassles of making duplicate keys, converting doorknobs and deadbolts, and the perpetual cost of re-doing the security elements at your properties. (more…) by Bill and Kevin Burnett, Inman News
How do you get rid of them and is it expensive? We are thinking of buying a 1987 house that has these ceilings throughout. Our doctor recommended getting the material tested before stepping into the house. Could you advise us about this matter? (more…)
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