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 rentals.Are your property taxes high? Time...
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 develop stricter property maintenance codes. Spring is around the corner, and...
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 more on these developments in our...
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 word that all landlords dread. Ever wonder what exactly you are liable for, or how...
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 below, it is always a good idea to have precautions put in place for...
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 tenant-landlord...
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 increases. Would this really help the cause? in other news, we look at how...
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 this, we look at Bloomberg Business’s article on the changing perspective of...
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 place to live. Construction in the same building that you’re living in, even while you’ve...
Watch out world! This week in rental property we take a closer look at internet scams. The risk of being scammed may be higher than you think, especially due to the fact that many of us use our good friend the internet to help fill vacant properties. We also take a look at a great website that is looking to become a safe haven for landlords and property managers trying to post their rental...
We want everyone to be able to store whatever it is they need within their RentPost account for later reference and good house-keeping. So, effective today, we’ve doubled the amount of storage on all plans. When logging into your RentPost account, you should now notice more available storage, right away. So, get to uploading!
With all of this talk about trending rent increases leading to the rent-affordability crisis, as coined by Zillow, we discover a new and interesting solution that provides smaller, but more affordable rental housing to lower income tenants living in the city. We also take a look at renters insurance, and what burning questions most landlords and tenants have. Forbes takes a closer look at where...
This week in TWiRP, we continue to follow the trend of rent increases. This seems to be the underlying factor that plays a role in many of the rental markets today. Could this mean more money for the landlords and property managers? With the economy in a prosperous swing, along with tenants having more money in their pockets, the marketplace is shifting and experts are taking note of this. Though...
Week 3: I’ve lost track of time and the articles are turning into zombies… It’s a new week and of course there’s more news in rental property! If this is your first time checking out This Week In Rental Property (TWiRP), the weekly segment that brings you the newest articles in rental property from around the web, then check out last week’s news here. So, what’s new this week in...
Hello again! It’s a new week and of course there’s more news in rental property! If this is your first time checking out This Week In Rental Property (TWiRP), the weekly segment that brings you the newest articles in rental property from around the web, then check out last week’s news here. So, what’s new this week in the rental property world? We’ve tracked down useful articles from...
This Week in Rental Property (TWiRP) is a new weekly segment that features articles that we found interesting from all over the web that property managers and landlords everywhere would want to read. So be sure to check back with us each Saturday to see what’s relevant in the rental world! What’s going on this week in the realm of rental properties? Here at Rentpost we seek to go above and...
Rental markets will stay strong While first time home ownership will rise in 2015, thanks to households headed by 30-somethings bankrolled by greater job security and rising confidence in the housing market, younger Millennials leaving college dorms and their parent’s homes will keep the rental market robust. Americans in their 20s strongly prefer to rent in urban centers close to jobs and...
With the New Year approaching, consumers, investors, industry experts, and policy makers alike all cast a critical eye toward the 2015 real estate market. 2015 marks nine years since the housing bubble peaked before crashing, and three years after home prices hit a record low post-recession. This recovery has been a slow one, and 2015 will continue the trend of slow growth, but the market is...
RealtyTrac’s Q2, 2014 Residential Property Rental Report, had some interesting things to say about what markets rocked and what markets just sunk like rocks. A look at the report shows that the second quarter just wasn’t as great as the same time last year: the average annual return for 2014 was about 9.9% compared to the 10.60% of 2013. While the report gives us a great look at all areas...
Multi-family is a market that is on an increasing uptick, as homeownership is still at an all time low. Rents continue to rise in response, and trends are looking very promising for the rental housing market in 2015. Though a number of sources have indicated that 2015 might be a fairly big year for home-buying, this is due to two factors: first time homebuyers with more cash and credit and the...
I really like my landlord. I live in a tight rental market dominated by student housing. The unique challenges and joys of renting primarily to college students leaves some property managers and owners overwhelmed, particularly during turnover and at the beginning of leasing season. Finding a landlord in such a busy market who has the time, will, and resources to give individual attention to...
You probably know that today is Independence Day- a day to celebrate our independence as a nation and July 4th was chosen for this because it is the day that the Declaration of Independence was published in 1776.
Every landlord and property manager knows that collecting rent can be a hassle. Luckily with systems like RentPost, your life is made easier. We’ve now gone one step further to make the process a little more protective during a potential eviction process. RentPost supports partial payments. We strongly believe that by allowing partial payments, not only do you increase...
According to Freddie Mac’s recent report, the multifamily market has been showing signs of things moving towards better times. As a matter of fact, many economists credit the conditions of the multifamily market with leading the way in terms of recovery in a broader scope macro economy.
Next up in my local places series, I’m exploring Georgia laws around late payment of rent. I have spoken to a number of landlords and property management professionals about the most common questions they have. Probably the second most asked question is: what do I do if I have a tenant that needs to pay late? This is not a problem that is isolated to Georgia, so if you’re a landlord in another...