Property Management News
When a tenant skips out on the rent, a landlord loses money. But when the landlord mishandles the stuff the deadbeat tenant leaves behind, it’s like going back for seconds. The common belief that a landlord can kick a delinquent tenant’s property to the curb is simply not true. Same with the conception that a landlord automatically has a lien on the tenant’s property. When the landlord does not have an eviction order, to enter the property, they have to be able to prove that the tenant has abandoned the unit. Nonpayment of rent is evidence of abandonment, but that alone may not be enough under your state’s statutes. If you do have the right to enter the property,... Read more
A new landlord bill of rights that has been under discussion in Wisconsin was passed this week by lawmakers. The bill now awaits Governor Scott Walker’s...
A new California State Law makes it easier for landlords to convert their rental property into a smoke-free environment. With over 30 percent of California residences...
4 Out of 10 Renters Used a Mobile Device in Their Apartment Search, Nearly Half Consider Mobile Tools Essential When it comes to hunting for their next apartment,...
It took a bureaucratic debacle to bring it on, but a New York City landlord and his tenant have joined forces against a common foe: the City of New York’s...
Apartments are the best property type for investors, says Freddie Mac multifamily executive David Brickman. In a recent blog post Brickman calls multifamily investments the “bright spot” in today’s housing market. According to Brickman, a growing number of the population is finding that renting is the right option. Government officials are encouraging renting as an option to homeownership. The need for rental housing is increasing rapidly, as is the demand for capital to support this growth. Freddie Mac is committed to rising to that demand, says Brickman. The agency finances approximately one-quarter of a growing rental market, which includes financing for student and... Read more
Officials from the federal government and forty-nine states have reached a landmark $25 billion agreement with the nations five largest mortgage servicers over alleged...
“If it isn’t broke, don’t fix it” is the theme of a joint statement by the National Multi Housing Council and National Apartment Assocation,...
The Obama administration may be close to approving a pilot program to sell government-owned foreclosures in bulk, according to the research group The Wall Street Fraud...
The 30-year fixed-rate mortgage edged down to 3.88 percent this week, marking the seventh consecutive week rates remained below an historic 4.0 percent, according to...
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