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Home · Articles posted by Sienna Beckner

The US is currently under a national eviction moratorium that stops landlords from evicting tenants who don’t pay rent until at least Dec. 31, 2020. Although the previous eviction ban that was part of the CARES Act only covered certain properties, this current moratorium effectively protects everyone living in one of the nation’s roughly 43 million rental households, regardless of…


The word “landlord” typically houses a negative connotation, particularly now as millions of financially strapped renters struggle to remain sheltered. However, I’ve been hearing from landlords who claim that tenants have been taking advantage of state and federal eviction bans while neglecting or trashing their rental unit. “My business partner and I are not able…


How To Become a Landlord: 8 Steps to Owning a Rental Property While becoming a landlord is not a quick way to make money, it is a good way to ensure medium to long-term returns on investment. Being a landlord is perceived as a passive way of generating income, but it’s a little more complicated…


Landlords are increasingly willing to offer concessions or perks to potential tenants rather than lower rent as the pandemic impacts the rental market, a new Zillow study found. The survey of Zillow listings showed that 30.4% of rental listings on the service featured concessions, compared to 16.2% of listings in February and 12.5% last July. Those…


Downsizing is becoming more popular and driving rental demand in both younger and older generations. By Holly Welles More people than ever are moving out of their homes and transitioning or downsizing to apartment living. Apartments offer many advantages over owning a home. For one, renting can be cheaper than paying off a mortgage. Repairs…


Manhattan’s super-high-end rental market, comprising apartments that start at $22,000 for a month’s rent, has slowed to a trickle as wealthy foreign and domestic renters refuse to return to New York. “If someone has $22,000 a month to spend on rent, they’re probably wealthy, and probably renting temporarily,” says Nancy Wu, an economist at StreetEasy….


What is Rent to Income Ratio and How To Calculate It? Whether you are renting your first apartment or considering a move, there’s one question you perhaps have on your mind: “What percentage of my income should go to rent?” Spending a large portion of your paycheck on monthly rental payments could mean coming up…


As August approaches, so does another rent due date for millions of renters in Southern California. After months of unemployment, many have fallen far behind on rent, but for now, evictions in California are on hold. Cities and counties have enacted temporary moratoriums, and the state’s court system has basically halted all eviction proceedings until…


A new survey of Lexington landlords and apartment owners shows nearly 70 percent have at least one or more tenants at risk for eviction for nonpayment of rent. Moreover, the survey of 100 Fayette County landlords shows that more than 60 percent had at least one tenant who could not pay rent in April. Gov….


In 2019, the New York Legislature enacted a so-called reform of rent regulation. Owners of 1 million rent-regulated apartment units found themselves almost out of business. Now the coronavirus pandemic — including New York’s responses to it — threatens to finish the job. Last year’s “rent reforms” started by almost entirely preventing owners from raising…

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