At some point or another any landlord is likely to deal with bedbugs. As a landlord it is important to educate yourself and train your staff on how to identify bedbugs and what to do once they are found. Inform your tenants as early as possible on what to do if they do discover bedbugs in their unit. Quick reporting is key to lessening infestations and can help keep costs down as a landlord. Who Pays, Landlord or Tenant? Responsibility for bed bugs varies depending on the laws in your area and...
Adding a New Tenant to a Lease
Adding a New Tenant to a Lease Whether someone is adding a roommate or having...
The Pros and Cons of Turning Your Rental into a Smart Home
Over the past decade, home automation has gone from science fiction to...
Where Should I Invest? Hot Rental Markets for Property Investors
Real estate continues to be an asset that investors want in on and when the...
British Columbia Extends Rental Supplement, Eviction Moratorium
British Columbia is extending its temporary rental supplement payments, or TRS, until the end of August. The moratorium on evictions for nonpayment of rent will continue, as will the restriction on rent increases. The rental supplement is $500 per month for households...
Student Renters, Landlords in Limbo
With the announcement that many universities across the country are planning to hold classes online for fall semester, students and landlords alike are left to sort out what that means for the student housing market. To complicate matters, some schools are planning to...
Collecting Rent: Patience Pays Off
Over 90 percent of renters paid in May, just not on time. The latest information from the National Multifamily Housing Council, which covers over eleven million units nationwide, proves that, for landlords, patience is a virtue. As of May 27th, 93.3 percent of renters...
Landlords Challenge Eviction Freeze
Landlords in New York have filed a lawsuit challenging the extension of a moratorium on evictions for nonpayment of rent that will continue into August. In addition to a halt on eviction filings, landlords would be required to apply security deposits to unpaid rent....
Landlords: Don’t Forget Lead Paint Disclosures
Every month, landlords across the country face penalties for failing to provide lead paint disclosures. Many are unaware that they have violated the law. The most likely landlords to be affected by these rules are those who have purchased an older property as an...
Parking Dispute Costs Landlord $80,000
The landlord of an apartment complex in Pennsylvania has agreed to pay $80,000 to settle a lawsuit over its refusal to provide a reserved parking space for a tenant with a disability. HUD successfully argued that the action violated the Fair Housing Act's requirement...
Landlords Hurt by Eviction Freeze
April and May brought largely good news for landlords as most reported that tenants paid either all or some of the rent owed. Landlord and Tenant Boards across Canada encouraged tenants who were impacted by the pandemic to work with their landlords on an installment...
How to Make Online Leasing Safer for Landlords
The COVID-19 pandemic and the resulting social distancing guidelines have impacted the way landlords manage rental properties, including how they find and screen tenants. Companies that offer turnkey leasing services are touting the benefits of online leasing, such as...
Keeping Pests at Bay During a Pandemic
As if COVID-19 business closures and social distancing restrictions weren't enough to deal with, pet control experts now are warning that rodents, unable to feast on trash from crowded restaurants and bars, now are roaming the streets in search of food. Complaints are...
5 Ways to Avoid Tenant Disputes
The last thing landlords want to deal with is a disgruntled tenant, especially if that tenant gets passive-aggressive and stops paying rent. Target the most common reasons why tenancies go sour, and you can avoid disputes with your tenants: Noise Unresolved noise...
Good News for Landlords
A strong majority of tenants paid rent in April, that according to the National Multifamily Housing Council's Rent Payment Tracker. The survey results show 89% of apartment tenants made full or partial rent payments by April 19, with a significant uptick for the week...
Screening Tenants at a Distance
The COVID-19 pandemic has placed a spotlight on our social interactions. Experts warn that the social distancing guidelines currently in place in most states may be with us long into the summer, and possibly beyond. To avoid liabilities -- and avoid picking the wrong...
Mediation Services Fill the Void
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...
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...