Property Management News
Owning rental property has been a path to riches for a great many investors. Rental property is funding awesome retirement lifestyles as well. We’ve also been enjoying a surge in rental demand and rents since the recovery began after the crash in 2007. There are still articles around wondering if America has become “a nation of renters.” Markets change and real estate is no exception, so telling the future isn’t the goal of this article. However, because markets do change, a rental property that was a great investment a couple of years ago may be less so today. Let’s think about some of the factors that can lower the ROI of a rental property and cause the owner... Read more
LOS ANGELES — A new idea, to try and conserve water, could target renters. LA landlords want apartment residents to pay their own water bills, instead of having...
A new report confirms that black and Latino renters continue to face disproportionate barriers in Portland’s rental market four years after city officials pledged...
Realtors have more excuses than ever when trying to sell you a home this buying season. Houses keep appreciating in value, interest rates are still near historic lows,...
The average rent in San Francisco is more than $3000 a month. In New York, you’re paying $2,355. According to the real estate tracking firm Zillow, rents are up 3.7...
Tenants who rent out their units for short-term stays in violation of state law may want to pay particular attention to a recently filed lawsuit, in which United American Land sued an investment banker for renting out his rent-stabilized Tribeca apartment by the night. The real estate development and management company alleges in a New York Supreme Court lawsuit that William Terry Krueger, the co-founder and senior managing partner at Nova Capital Partners and the other tenant of record, Adrienne Kennedy, were renting out Unit 5SW at 118-120 Duane Street between Broadway and Church Street on a nightly basis. The recent suit also names the subtenants, John Doe and Jane Doe, as... Read more
Last year, the 202-unit Western Station re-purposed a seldom used laundry room and volleyball court into a cozy community area that encourages residents to gather...
The classified super site Craigslist is simple, has been around a long time and doesn’t have a mobile app – but it dominates the real estate rental market,...
The percentage of vacant apartments stayed incredibly low in the first quarter, as cold weather delayed a confrontation between growing supply and growing demand. As a...
The decision on whether to renovate or relocate in retirement can be complex and emotional. A recent report revealed that as people edge towards retirement age, the more...
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