TWiRP

This week in rental property a shortage of rentals in Brevard North Carolina has led The United Way of Transylvania County to begin a “tiny house initiative”. Next, Airbnb makes the headlines yet again as opposition from Santa Ynez Valley government in California is less than happy about the single-family zoned areas being used as vacation […]

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It’s hard to look at the rental market, as a whole, without taking into consideration home ownership.  In the US, a country of nearly 320 million, there are currently around 43 million renter households and roughly 67 million home ownership households.  It’s no secret that as home ownership increases, renter households decrease overall.  There is […]

property management jobs

Property management is a field with a lot of opportunity. A competent management professional is a valuable asset to any landlord or real estate team, as you will be handling a lot of issues that they would have to worry about otherwise. The benefits of a good property management professional cannot be overstated. Even so, […]

TWiRP

Two weeks ago, we followed the Seattle rental market and a property manager’s response to the situation here (link 5). This week in rental property, we visit a man who is taking action. We then turn our attention to the Newark Advocate who brings us a story of a stubborn city council who are refusing to […]

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It’s that time of year again. The weather is getting warmer. The days are getting sunnier. And everybody is coming out to enjoy the sweet embrace of spring. Including the animals we aren’t exactly crazy about. Pests are an annoying part of life for us. If you’ve ever opened your door to go outside and […]

By: Aazam Yaqoob

Owning rental property and managing it can be a rewarding experience. Not only is it a good investment and a means to generate income, but it also allows you to be an important part of a community. A good landlord is usually a very well-liked person! On the flip side of things, there are some […]

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Productivity is a white whale that almost everyone is constantly chasing – and few chase it harder than property management professionals. In this business, you must be able to work quickly and efficiently to satisfy the needs of your client and their tenants. This is the only way you’re able to scale your business, and […]

TWiRP

What is going on this week in rental property? If you’re asking yourself this question then you have arrived at the right place. The Commercial Property Executive provide their three priorities of retaining tenants. Next, we see opportunity in the form of short-term rentals. With Airbnb and other short-term opportunities, legislation is taking shape. See […]

landlord property management techniques

Property management is more than just a job, it’s a trade. So many factors can affect a landlord’s success in property management. Outsourcing jobs and using the right tools will allow you to optimize your profits and manage your time according to your wants and needs. These are  some of the most advanced landlord property management […]

Security

Among the many day-to-day issues an apartment manager has to deal with, there is one that can be pretty uncomfortable and even intimidating: property crime. With this type of crime, perpetrators target denser, contained communities of people as opposed to communities that are wider-spaced and less contained – such as suburbs and similar house-based communities. […]

TWiRP

This week in rental property we revisit the property scramble in Cuba. Some things to keep in mind when considering investing in this market are included in our first link. Cuba’s not the only geographic area with a property scramble. See more on the situation in Illinois below in link 2. Liability. It is a […]

Home Warranty

If you’re a real estate owner, you understand that rental property can be a rewarding investment. People will always need a place to stay, which means that your services will always be in demand. And as you maintain and improve your property, you can get some appreciation as well. You also know how difficult and time-consuming […]

TWiRP

Picture this: your tenant does something HUGELY disastrous, and pandemonium ensues. What do you do? This week in rental property we peer into the looking glass of disaster. Nobody wants to entertain the thought of catastrophe, but it is inevitable. Whether its a fire breaking out or a bomb threat, as in our first two articles […]

Social Media

It’s not a stretch to say that social media has radically changed how we communicate. With the click of a mouse or the tap of a touchscreen, we can reach, convey ideas, and share information to so many people at once. For some people, mediums such as Facebook and Twitter are preferred methods of communication […]

Allowing service animals into a unit is a common accommodation for tenants with disabilities.

The best property managers know how to provide exemplary service to all tenants, regardless of special circumstances. With senior housing on the rise, and an aging Baby Boomer population turning to rentals, property managers should be well-versed in the laws regarding housing for people with disabilities. The Americans with Disabilities Act (ADA) became the law […]

TWiRP

This week in rental property, we look at litigation. Last week, an article (2nd link) followed the controversial litigation coined as rent control. Our first link below follows this topic in Santa Monica. Our next link follows an interesting tenant-landlord relationship, where a NY landlord sues a tenant for subletting his property on Airbnb without permission. Speaking of the […]

Rental property fixes for increased curb appeal

In the book “Managing Rental Properties for Maximum Profit,” author Greg Perry recommends treating a rental property as you would a property you’re trying to sell. Using rental property fixes to establish a clean and tidy appearance attracts better tenants and garners higher rent. Never underestimate the power of curb appeal to get the best […]

mistake

Missteps. Mess-ups. Gaffes. Or as Homer says, “Doh!” Whatever you call them, mistakes are common in life. Everyone has them, even the best of us, and especially when you’re new on the job. That being said, there are two types of mistakes. There are the ones that you can look at immediately afterward and chuckle […]

TWiRP

This week in rental property, we revisit with Jimmy Mcmillan who argues that his landlord is evicting him through an act of racism. See more on his situation in article one. Next, we take a look at rent control, and the tenants in Jersey who are advocating its implementation in order to ‘control’ their rent […]

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More and more Americans are migrating back to urban areas after a decades long trend of settling in the suburbs. According to Census Data, 2.3 million more people moved into one of the country’s 381 metropolitan areas in 2013 than during the previous year. As jobs and economic activity continue to grow faster in urban […]

yelp

Though you are probably familiar with the impact of social media on property management, you may even know what Yelp is, but did you know that it can be used to boost your business? It’s important to note that over 132 million potential clients are on Yelp each month to determine whether or not they […]

TWiRP

Urban development is continuing to change especially as millennials are moving. In our first article, we see this change and the effect that it has had on US cities today. We then take a step back and look at a caveat to this observation: could this be another result of the media glorifying reality? Following […]

pre-screening

In the early days of anyone’s career as a landlord or as a property manager, one of the quickest way to turn you off to the business entirely: the bad tenant. Screening is always important, but there are a number of ways that you can pre-screen your tenants so that you catch problems before they […]

Rural property is never short on scenery.

When you think about investing in a rental property do you dream of wide open spaces, big red barns, and calling the cattle home? Investing in a rural property or tract of land might be the right choice for some investors, but there are pros and cons about purchasing property somewhere with more trees than […]

TWiRP

New York, New York! It can be a great place to visit, but is it a great place to rent? Rent-stabilization and other rent-controlling laws make the rental market a sticky situation. Some of the situations are just too much. Ash on your clothes from a tenant below? This does not sound like a fun […]