Landlords Accused of Price Gouging

December 18, 2017

A half dozen California landlords have been charged with price gouging after allegedly spiking rents in the wake of catastrophic wildfires that have driven residents there from their homes. The number of landlords charged is expected to climb as more complaints are investigated. California law prohibits raising the price on life necessities, including rental housing, […]

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Judge Fined for Siding with Landlord in Dispute

December 18, 2017

A judge in Mississippi has been disciplined for improperly intervening in a landlord-tenant dispute by coaching the landlord to seek higher damages and an eviction order. As a result, the judge has been ordered to pay $5,400 in restitution and court costs, according to a news report. The dispute arose after the tenant bounced a […]

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The Best Landlord Strategies for 2018

December 4, 2017

Want to make 2018 a profitable year for your rental business? Take a look at these top strategies and look forward to a prosperous new year: Tenant Accountability On-time rent payments remain a coveted yet elusive benefit of being a landlord. The best thing that has happened for landlords recently is the ability to report […]

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Canada’s Latest Rental Market Survey: Good News for Landlords

December 4, 2017

Occupancy Rates Canada’s apartment vacancy rate dropped lower this year, down to 3%, that according to the latest CMHC Rental Market Survey released last week. CMHC attributes the low vacancy rate to recovery of rental demand in oil-producing areas like Calgary, which had experienced a spike in vacancies from 1.4% in 2014 to 5.3% the […]

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Opposition Mounts to Marijuana in Apartments

December 4, 2017

The organization Doctors of BC has joined the discussion over Canada’s plan to legalize marijuana. In a submission offered to British Columbia’s provincial government, the group of medical experts proposes a ban on home cultivation of non-medicinal marijuana. Canada’s proposed legalization measure, set to go into effect July 1, 2018, provides that individuals can grow […]

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Vancouver Approves Regulation of Short-Term Rentals

December 4, 2017

Vancouver has joined a number of major cities, including London, Paris, Barcelona, San Francisco and New York, in regulating the practice of short-term vacation rentals through online hosting sites like Airbnb. At stake are potential lost lodging tax revenues in these popular destination cities, as well as the availability of long-term housing for local residents. […]

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Are You Using the Wrong Lease?

November 20, 2017

A lease agreement has a dual purpose. It needs to be strong so if the landlord has to go to court, the landlord will win the case. More importantly, the lease needs to gain the tenant’s compliance. Sure, the lease needs to contain a lot of legalese, but it also needs to be understood. Some […]

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Landlord Sued Over Improper Inspections

November 20, 2017

The property managers of a housing complex in Colorado are facing a lawsuit after inviting the local police — including a K-9 unit — to search for drugs in tenant homes during routine maintenance inspections. The ACLU of Colorado announced that the local police department involved in the searches has agreed to pay $210,000 to […]

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Top U.S. Markets for Rent Growth, Occupancy

November 20, 2017

The latest reporting by RealPage® and Axiometrics® shows multifamily rent growth through 3rd quarter 2017 remaining stable, despite earlier sluggishness. According to recent statistics, annual rent growth has been holding between 2.5 and 3 percent this year, after a pause likely caused by supply. Typical monthly rent across the country’s 100 largest metros is now […]

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Landlord Tips: Remodeling Tenant-Occupied Properties

November 20, 2017

When deciding whether to remodel a rental  property, a cost-analysis should take into account whether the property is tenant-occupied. Otherwise, the decision to inconvenience the existing tenant for the sake of future tenants may lead to income loss. First, it’s important to make a distinction between upgrading the property and repairs or maintenance. Repairs are […]

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