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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...
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...
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...
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,...
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...
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...
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...
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....
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...
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...
January brings the promise of a profitable new year for your rental business. Here are some suggested resolutions that undoubtedly will make 2017 a prosperous year for you: Tip #1: Rent Payment History Now Included on Credit Reports Landlords in Canada suffer a...
Noise complaints are one of the most common disputes landlords face. The nature of noise complaints tends to be perpetual; tenants often describe weeks or months of disturbance. Their biggest gripe: that their landlord does nothing to ease the suffering. The fact is...
An apartment rating system where landlords post a green/red or pass/fail sign in public view is one of the changes that may be included in a new rental bylaw approved two weeks ago by Toronto City Council. The bylaw is designed to strengthen the existing regulatory...
Tenant incentives, like rent reductions or help with move-in costs, are something Canadian tenants don't often see. While these incentives are not likely to appear in tight markets like Vancouver or Toronto, news sources are reporting that other landlords -- like...
If it's been a while since you last updated your lease agreement, 2017 is a good time to do it. A lease agreement is there, first and foremost, to protect a landlord. But, with an onslaught of new rental regulations and the sustained popularity of some new trends,...
Are you lax when it comes to changing the locks at your rental properties? Many landlords are, especially in single-family rentals. But that's a bad practice, one that can lead to injury -- and income loss for landlords. In addition to changing locks, there are other...
While it's true that none of us can survive in today's world without our computers or phones to keep us connected, there are some things that landlords should never accomplished solely online: 1. Approving a tenant. There are some new automated services out there that...
Seattle's City Council has passed a controversial new measure that will require landlords there to accept security deposits and other move-in fees -- like last month's rent -- in installments. The law will take effect in just under 30 days. For a typical one-year...
Missed rent payments, a goat living in the house, and nine tons of trash -- those details are just the highlights of one landlord's recent bout with nightmare tenants. The worst part of the story: It took six months to evict these renters. In a news interview, the...
The rental vacancy rate across Canada continued to inch up this year, according to the latest Rental Market Survey released by Canada Mortgage and Housing Corporation. However, regional differences were vast, according to Anthony Passarelli, CMHC's Senior Market...
