Property Management News
Residential rental property is the way to make money, or so some people claim. On the surface, it seems likes a surefire bet; in reality, it’s usually more of a headache than it’s worth. The challenges start early, and they almost always involve time and money. Here are six classic challenges facing new landlords that may need to be investigated before entering the residential real estate market. KEY TAKEAWAYS Investing in residential rental property can be a lucrative way to increase your wealth, though it can come with many difficulties. Challenges that come with owning a rental property include finding a suitable property, preparing the unit, finding good tenants,... Read more
By Jason Kogok, Author of Plug the Holes Fill the Barrel As a RE broker who works with a lot of investors, as well as being an investor myself, the idea of investing...
NAI Global says that creative deal-making is necessary to get transactions done. In the fall of 2022, it was already becoming clear to many in CRE that markets would...
According to the ATTOM Data’s Q1 2023 U.S. Foreclosure Market Report, there were 95,712 U.S. properties with a foreclosure filings during Q1 of 2023 – up 6% from...
Taxes can be quite hard to understand, and many landlords have questions on their minds as the tax season approaches. Among these are: what is a 1099 tax form, and in...
Starting this year, Denver landlords must hold a license for every property they own with two or more units. But as of Jan. 3, thousands of rental properties were still out of compliance with the new licensure requirement, which took effect Jan. 1. To obtain a license, property owners must pass an inspection with an approved inspector and pay a fee to the city. The licenses expire and must be renewed every four years, ensuring that no building goes uninspected for too long. The change results from a measure passed by the Denver City Council in May 2021 that stipulated the new rules for all properties offering leases longer than 30 days. The goal of the requirement was to ensure the... Read more
Owning rental property can be a very lucrative investment. However, there may be some aspects of this business venture that may seem a bit overwhelming at times. Many...
Three real estate companies operating in Washington, DC, will pay record-breaking penalties in a suit brought by the city for illegally discriminating against tenants...
By Bill Ham, Author of Real Estate Raw: A step-by-step instruction manual to building a real estate portfolio from start to finish Funding for multifamily properties...
Greenpoint residents claim they lost heat for months. For four months, tenants at a luxury Greenpoint building quit paying the rent after going more than three months...
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