Property Management News
Location is the most important factor in real estate, and that concept doesn’t apply only to a primary homebuyer; it’s true for a real estate investor as well. One of the reasons I got into the landlord business is that I live in a landlord-friendly state. If you live in a landlord-friendly state, you might want to get into the landlord business too. And if you don’t live in one? You can still choose to be a landlord in a tenant-friendly state; it’s just more difficult and maybe not as profitable. Or you can buy rental property in a landlord-friendly state even though you don’t live there. Although it’s ideal to live near your investment property... Read more
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...
The word “landlord” typically houses a negative connotation, particularly now as millions of financially strapped renters struggle to remain sheltered. However,...
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...
Photo by Ketut Subiyanto from Pexels Landlords are increasingly willing to offer concessions or perks to potential tenants rather than lower rent as the pandemic impacts...
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 and maintenance are essential to consider, too; in an apartment, tenants don’t have to pay out of pocket if there’s a leaky roof or burst pipe. This lack of responsibility can be a big stress reliever for anyone who doesn’t want to tap into their rainy-day fund. Apartments offer benefits beyond savings, too. Many complexes offer excellent... Read more
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...
The rent to income ratio is the percentage of a renter’s income that goes toward rent. Most landlords use the 30% rule or the 3x rent rule to determine whether a...
Photo by Karolina Grabowska from Pexels As August approaches, so does another rent due date for millions of renters in Southern California. After months of unemployment,...
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,...
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