Landlord Quick Tips

How to Not Let Unpaid Rent Ruin the Financial Relationship We’re a long way from those early COVID-19 pandemic days when California businesses were ordered closed and emergency regulations were enacted to stop evictions. It was clear even then that rent would not be forgiven, and landlords were encouraged to be creative — not punitive…

Summary Equity REITs can be valued based on several measures. Price to NAV is one that gets less discussion. Our charts break down the sector using FFO multiples and price to NAV ratios. The discounts to NAV can be very appealing when they apply to large apartment REITs with great management and conservative balance sheets….

DES MOINES — An Iowa City tenant with a severe allergy to pet dander will receive damages of one month’s rent from a landlord who allowed another tenant to have an emotional support dog in a building with a no-pet policy, according to an Iowa Supreme Court ruling Tuesday. In a 4-3 decision, the court…

Commercial real estate is one of the industries slowest to adopt technology — which is confusing, because so much of the business conducted under its umbrella could be vastly improved by going high-tech. And now, like it or not, current events are forcing a switch to remote work, remote socialization, online ordering, and other tech-enabled lifestyle habits….

There are more than 43 million renters in the United States, with over half of those being under the age of 30, according to the National Multifamily Housing Council (NMHC). Millennials, along with older members of Generation Z, are choosing to rent instead of buying condos or houses for a number of reasons, including affordability,…

Back in March of this year, property managers across the country quickly pivoted strategies to address Covid-19 head-on. They implemented new policies, revised safety procedures for residents and staff, shifted a bulk of associates to remote working models and dealt with managing resident queries and concerns over monthly rent payments. It was a month unlike…

During this period of uncertainty and struggle, amid danger and misinformation, the last thing we should do as a people is to assume the worst about each other. Crises like the current pandemic inevitably divide people to some extent — and this one divides us physically from one another — but when we rigidly refuse…

Methods to find tenants for your rental property vary depending on the sort of rental property you own and its location. For example, I’m in the single-family-home rental business in a so-called “flyover state.” Therefore, my process might not be the same as landlords in New York City or Los Angeles. While there’s really no national one-size-fits-all…

It might seem like we’re mincing words, but the difference between “fair wear and tear” and “damage” can actually have a big impact on your pocketbook — as well as the state of your rental property. With one, your property has minimal damage, and you’ll need to foot the bill for a deep cleaning and…

Tenants smoking inside rental property can be a real headache for property managers so in this week’s Ask Landlord Hank question he offers some suggestions on how to know find out if tenants have been smoking in the rental unit. Dear Landlord Hank, My lease specifies no smoking in the unit and even goes so far as…