Some landlords view tenant fees as a viable profit center, and the temptation to make up losses from the pandemic may lead them to consider changing their fee structures. It may seem like the sky is the limit when it comes to tenant fees but charging excessive fees can backfire. Before you start charging tenants more, consider how much is too much. There are three factors landlords must weigh when charging tenant fees: Is the type or amount of fee charged illegal? Is the fee unenforceable?...
10 Tips for Handling Security Deposit Deductions
Security deposits are an important tool when it comes to quickly restoring a...
Landlords Sued for Refusing to Move Rent Due Date
The owners and property manager of an apartment building in Georgia are facing...
Rent Payments Wane as Stimulus Talks Stall
Ninety percent of renters made full or partial rent payments as of August...
Oregon Landlords May See Change in Tenant Screening Rules
Oregon lawmakers are pushing forward a measure that would prohibit landlords from rejecting prospective tenants who are on government assistance. A proponent of the bill, who is from Portland, says she is worried that Section 8 and other government program recipients...
How to Combat Tenant Fraud
March is Fraud Prevention Month and RCMP is encouraging all Canadians to "Recognize it, Report it, Stop it!" Every year, thousands of Canadians fall victim to fraud. Most people don’t think it could happen to them, but fraudsters are using increasingly sophisticated...
Why Don’t I Have a Tenant? Troubleshooting Vacant Properties
Having trouble finding the right tenant? If you find filling a vacancy tends to take more time than you’d like, consider whether some of these common issues could be causing the problem: 1. The rent’s too high. Above all, tenants are price-conscious, and online ads...
Are Landlords Losing Money by Collecting Security Deposits?
A security deposit is supposed to offer landlords a safety net against income loss, but sometimes the strategy backfires. There are a number of situations where collecting a security deposit can come back to bite a landlord, leaving him or her to not only absorb the...
Pets or No Pets? Pros and Cons for Landlords
Pets or no pets? That's a question every landlord must consider. Each policy has its own unique benefits, and neither option is without problems. Pros and Cons of No Pet Policies Pros: A no pets policy pleases many tenants, especially those whose schedules don't...
The 7 Essential Lease Terms
Leases can be short or long. They can be simple or convoluted by multiple addendums or amendments. Regardless of the format, pay special attention to these 7 basic terms that give a lease its backbone: 1. List of Intended Residents A lease must name every adult (over...
Why Don’t I Have a Tenant? Troubleshooting Vacant Properties
Having trouble finding the right tenant? If you find filling a vacancy tends to take more time than you'd like, consider whether some of these common issues could be causing the problem: 1. The rent's too high for the neighborhood. Above all, tenants are...
Companion Animal Rules Continue to Raise Questions for Landlords
Since running our blog post, Understanding the Rules for Companion Animals, we continue to receive questions, including some from tenants who are confused over the rules. For example, one tenant writes, "I am a renter and I am curious. If a married couple both qualify...
Landlords Anticipate Mail Delays
The U.S. Postal Service just announced a change that may slow receipt of rent checks. By August, the agency plans to phase out its regular Saturday delivery service, in an effort to manage sustained financial losses. Landlords who receive rent in the mail could be...
Tenant Screening Strategy Reduced Evictions by 99%
After 25 years of perfecting its technique, one property management firm says it has found the answer to the eviction issue that plagues so many rental property owners: be more vigilant in the tenant screening process. While it may seem like a simple answer to be...
Signs of Grow Op in Rental Property Were Visible from the Outside
Residents of a south Edmonton neighbourhood needed go no further than their noses to suspect something illegal was going on in an area rental property. When police -- who were tipped off by citizen complaints -- investigated the rental home, they found a number of...
Calgary’s Mayor to Make New Pitch for Secondary Suites
Calgary's Major Nenshi says he's taking another swing at a bylaw intended to encourage more property owners to rent out secondary suites. During a recent radio interview, the Mayor outlined his strategy for dealing with the shortage of affordable rental housing in...
Ontario Landlord Sparks Legal Trouble by Asking for Rent in Advance
An Ontario landlord is the focus of a Human Rights investigation after allegedly requiring an immigrant to pay 12 month's rent in advance. According to a news report, the man secured a lease on a small apartment, using his brother as a co-signor, and paying first and...
Smart Tactic Reduced Eviction Rates by 99%
Orange County, California's Lido Property Management says it has found an answer to the eviction issue that plagues so many rental property owners: be more vigilant in the tenant screening process. While it may seem like a simple answer to be proactive rather than...
How to Get the Most From a Criminal Background Check
Lawmakers in Dubuque, Iowa last year made it mandatory for landlords to run a criminal background check on all new tenants. Cedar Rapids City Council is currently mulling the same measure. A handful of other cities have followed this tack, a move they say helps reduce...
Landlord Liable for Guest’s Sidewalk Injury
A woman who fell on a sidewalk outside her daughter's apartment building has received a verdict of $500,000 against the landlord and insurer. According to the victim's attorneys, the Woodland Hills, California personal injury firm of Freeman & Freeman, LLP, the...
Micro Rentals: Living Small, or Thinking Big?
First it was Mini-Coopers and SmartCars. Now, the trend is mini-apartments. Boston-based architecture and design firm ADD Inc has unveiled its 300 square foot micro unit mockup to showcase its unique, cost-efficient, "smaller-than-market" apartments. ADD Inc has been...
How to Win the Late-Paying Renter Game
One of the most frustrating problems for a landlord is the tenant who is habitually late with the rent. Once a tenant catches on that there is little consequence to late payments, it becomes a game that they may repeat month after month, causing the landlord...
Vancouver Launches Bad Landlord Database
This week, the City of Vancouver launched an online database of rental properties that officials say are in violation of building bylaws. The database is designed to make it easier for renters to "make more informed decisions" about their choices in rental housing....
Manitoba Rule Changes To Take Effect March 1
The Manitoba Residential Tenancies Branch has announced that several new rule changes passed last year will go into effect March 1. One such change clarifies when tenants can object to a rent increase which is at or under the established guideline. Beginning March 1,...