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 beyond simplifying rent to give you the scoop on what’s new in the industry. Take a look at some of the articles below for what we’ve hunted down this week for your viewing pleasure as property managers and landlords everywhere gear up to take the post by the horns in 2015.
TWiRPs
- Zillow warns new homebuyers of the caution necessary when purchasing a home. Does buying a home really make financial sense for the millennial generation or would they be interested in a more careful approach, such as entering into a contract as tenant in a lease or lease to own contract?:
- Want to make some extra cash on the side? If you live in an area where there is a big event coming up (potentially Boston in the 2024 olympics) then you could rent your house out for some serious cash:
http://www.boston.com/real-estate/news/2015/01/16/rent-your-home-out-for-the-boston-olympics-and-make-bank/KdxPNYs7xcrFCmdjbXxbYN/story.html
- Despite rent decline in other areas, the Bay area continues to become increasingly more expensive. Some Californians are renting units priced up to 10.6% higher than last year:
http://www.mercurynews.com/business/ci_27326592/bay-area-rents-higher-than-year-ago-despite?source=pkg