Remove 2019 Remove Apartment Remove Lease
article thumbnail

Employee Spotlight – David Rosenfeld, Senior Leasing Agent

Bay Property Management Group

Today, we proudly introduce David Rosenfeld, Senior Leasing Agent for BMG. Meet David Rosenfeld, Senior Leasing Agent In David’s role as a senior leasing agent, he finds qualified renters to place in properties throughout Baltimore City and County. Then, he joined Bay Property Management Group all the way back in 2019.

Lease 130
article thumbnail

Rent Control 101: Understanding the Basics

American Apartment Owners Association

Rent control places a limit on how much a landlord can charge their tenants in their lease and lease renewal. In 2019, both California and Oregon signed statewide rent control laws. As of 2019, only Oregon and California have passed statewide rent control laws. Rent control laws in the U.S.

Rent 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

These hours can include managing properties, overseeing repairs, leasing units, and other hands-on tasks related to your real estate activities. For instance, completing repairs, finalizing leases, or purchasing new properties can all add to your qualifying hours while generating additional tax benefits.

article thumbnail

Rapidly Rising Rents Squeeze Millions in the Middle Class

American Apartment Owners Association

That’s up almost 20% since 2019, while the already high share of cost-burdened, low-income households rose just 2%. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

Rent 130
article thumbnail

FTC, Colorado Sue Greystar For Deceiving Tenants On Rent Prices

Rental Housing Journal

Greystar advertises its available apartments widely. Greystar knows that price is the most important factor for the majority of consumers searching for an apartment, and the rental price is a key aspect of Greystars apartment listings. Despite this, Greystar consistently omits various mandatory fees from the advertised price.

Tenant 52
article thumbnail

National Median Monthly Rent Ended Year Lower Than It Started

Rental Housing Journal

percent, or $8, from the prior month, Apartment List says in their January report , ending the year lower than it started. percent, meaning that the typical apartment is currently renting for slightly less than it was one year ago. However, vacancy trends can be highly localized, Apartment List points out.

Rent 52
article thumbnail

Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Building strong tenant relationships not only fosters a positive living environment but also leads to higher lease renewal rates. By focusing on proactive communication, attentive maintenance, and creating a positive tenant experience, landlords can ensure tenant satisfaction, increase lease renewals, and ultimately mitigate investment risks.