City Penalizes Landlords Who Raise Rent

February 13, 2017

Portland, Oregon has passed a controversial new ordinance that requires landlords there to pay up to $4,500 to tenants who choose to move because the landlord is raising the rent. City Council passed the new measure unanimously. The law is seen as Plan B, after the same lawmakers failed to muster the votes for a […]

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A Perfect Storm: Best Cities for Single-Family Rentals in 2017

February 13, 2017

Atlanta will be the top performer in the single-family rental market in 2017, that according to a new report released this week by online real estate investment management firm HomeUnion. The 2017 National Single-Family Rental Research Report ranked 31 metros on several factors, including yields, demand and market conditions. Atlanta has the right mix of […]

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Quick Start Guide to Landlording

January 30, 2017

In a hurry to fill a vacancy? Successfully managing a rental property may not be as elusive as programming your newest gadgets, but in landlording — like electronics — trial and error is not the best way to learn. So, before you fill your next vacancy — or your first — review this quick start […]

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3 Reasons to Avoid Month-to-Month Tenancies

January 30, 2017

Typically, month-to-month tenancies are a default which occurs when a tenant chooses to stay on after the original lease term ends. There is nothing perilous about this process; the tenant is still bound by the terms of the original tenancy agreement. However, month-to-month tenancies present some disadvantages to landlords: 1. Vacancies may occur at a […]

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Public Outcry Prompts Ban on Short-Term Rentals

January 30, 2017

Continuing complaints from local residents this month prompted Richmond, B.C. City Council to ban such rentals, that after having vowed to regulate the practice only a week earlier. The action comes as major cities, including Vancouver and Toronto, are looking into ways to deal with the affects short-term sublets are having on rental housing markets. […]

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British Columbia Sets 2017 Interest Rate for Security Deposits

January 30, 2017

The interest rate to accrue on security and pet deposits in 2017 in British Columbia is set at 0%. Under the Residential Tenancies Act, landlords must account to tenants for interest at a rate that is set annually. That figure is equal to 4.5% under the prime lending rate as of January 1 of that […]

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Landlord Prosecuted Over Lease, Fees

January 16, 2017

The Attorney General of West Virginia announced that he has filed a lawsuit against the state’s largest residential landlord claiming the landlord’s lease provisions and fees violate the state’s consumer and credit protection statutes. The prosecutor alleges that a number of lease provisions are unconscionable. This landlord leases to many students and inexperienced renters. The […]

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Landlords, Leases, and Marijuana

January 16, 2017

The legalization of marijuana quickly is affecting more and more landlords, and many have questions. Should landlords ban recreational marijuana? Is it possible to ban medical marijuana? If so, how is it done? Unfortunately, many of these laws are new, and in flux. For example, Michigan passed a law just a week ago that explicitly […]

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3 Reasons to Raise the Rent

January 16, 2017

Given today’s landlord-friendly market, it seems like the right time to spike up rents. But high rent doesn’t always translate directly into profits, especially if the property is overpriced. Pinpointing the correct rent figure requires more surgical precision. That’s because high rent can trigger some unexpected losses. One consequence is a month or more of vacancy, […]

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Landlords Win Battle Over Utility Liens

January 16, 2017

A federal judge had declared that Philadelphia’s municipal utility violated landlords’ rights by placing liens on rental properties when tenants failed to pay their gas bills. The controversial practice begin several years ago, when city officials decided that liening a landlord’s property was a more cost-effective way to collect delinquent utility bills. At one point, the […]

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