Property Management News

Landlords Shell Out Over a Million Dollars to...

In 2010, the eco-friendly town of Boulder, Colorado passed an ordinance requiring all rental property owners to obtain an energy audit, and to make any suggested improvements to the energy efficiency of their rental properties. The rules were dubbed SmartRegs. Now, the city is reporting that local landlords collectively have spent over $1 million dollars to date to comply with the SmartRegs. According to the report,  the city is ahead of schedule in audits and updates. The goal is complete compliance by 2019. Landlords whose rentals licenses are coming up for renewal must schedule the SmartReg inspection, at a cost of $120. From there, the landlords are directed on energy updates using a... Read more

by Thomas F. Scanlon, CPA, CFP® Here are 4 ways to help your CPA and reduce your taxes: 1) Have a Year End Planning Meeting with Your CPA This meeting can be in person...

Tip #135: Be Careful Out There Winter can be a dangerous time to show rental properties for the simple reason that it gets dark earlier. Even during daylight hours, real...

Tip #134: Home for the Winter While it is certainly not the most glamorous job a landlord has, keeping pests out of rental properties is one of the most important...

Real estate investors should be wary of where they create their LLCs by Clint Coons, Esq. It is not how much they win rather it is how much they collect as I often...

Occupy Wall Street Movement Takes on...

When an elderly woman from Harlem got wind of the Occupy Wall Street movement nearby, she saw an opportunity. As she explained to a news reporter, she traveled to the neighboring Occupy Wall Street ‘headquarters’ where a number of protests were milling around. There, this veteran activist and former nun recruited protesters to ‘occupy’ her apartment building, which she claimed was being neglected by her landlord. Over the next few days, she told the protesters who sat in her living room how her landlord refused to replace the boiler, and would not allow access for maintenance workers to make repairs. Eager to champion her cause, a dozen or so protesters holed up... Read more

The same city officials who made news by threatening to tack deadbeat tenants’ water bills on smaller landlords’ property tax bills are now trying to explain...

By Brett D Furniss Dating websites have grown in popularity and are apparently very effective; one in five people getting married met on-line, their advertising claims....

Multifamily Utility Company reports an untapped revenue stream that will increase multifamily cash flow and increase property value by allocating utility costs back to...

by Brian Davis A commonly asked question by both new and seasoned landlords is “How should I accept rental payments?” The days of writing a check have become...