Landlords in many states are facing a temporary ban on evictions for nonpayment of rent. Even in states that don't have a ban, the courts are closed or on reduced hours. As the summer progresses, these courts will need time to process the backlog. One option that can...
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Rental Property Management Tips
Airbnb Host Facing Criminal Charges
An Airbnb host in Tampa is facing criminal charges after renting a property for two nights. Florida is one of many states and several major cities that have banned vacation rentals during the pandemic. According to a police report, local teenagers were throwing a...
Most Tenants Paid Rent in April
The majority of tenants in Canada did make full or partial payments for the month of April. According to a news report, 85% of tenants made some form of payment to their landlords, with 70-75% paying in full. That's positive news for the rental industry as a whole,...
Property Management Strategies for Summer 2020
Over the past several weeks, we've all been inundated with news about the pandemic. In that sea of constantly changing information, two facts are emerging. Social distancing and stepped-up sanitation measures do work to slow the contagion. And, with no cure at the...
British Columbia Rent Supplement Available for May, June
British Columbia announced in March that it would provide a rent supplement of up to $500 per month to tenants impacted by the COVID-19 pandemic. Information is now available to guide tenants who wish to apply for this assistance. Payments will be made directly to the...
Provinces Temporarily Ban Short-Term Rentals
Short-term rentals are suffering another blow this month as Ontario and Quebec have prohibited hosts from offering properties to travelers during the COVID-19 pandemic. Ontario's order provides that short-term listings booked after April 4th are limited only to those...
Now What? 5 Next Steps for Landlords
While the numbers are not yet in, it has been estimated that as many as 40% of tenants did not pay April rent, at least not yet. Financial relief may be weeks away, so for now, focus on the short-term, one step at a time: 1. Work out a payment plan with tenants. If...
NMHC Steps Up for Landlords
The National Multifamily Housing Council has compiled a resource guide for landlords that is worth bookmarking. The NMHC's Coronavirus HUB is being updated in real time and covers a wide range of relevant property management topics, from the latest legislative efforts...
Virtual Reality: Social Distancing Reshapes Property Showings
The COVID-19 outbreak is challenging landlords who are looking to fill vacancies, especially in tenant-occupied properties. Where it may have made sense a few weeks ago to run tours through a unit before the current tenant moves out, that's no longer a viable option,...
These Landlords the Big Winners?
As many landlords are scrambling to shore up cash flow, there are some who are enjoying relative stability: those who manage affordable housing units. Proponents of government housing assistance programs like Section 8 have for some time been touting the benefits for...