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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

Of course, the pandemic has changed the way the 2020 leasing season is operating, but the best practices for successful leasing remain the same. This criteria can include credit score or previous rent payment history, but cannot include protected statuses like race, gender, marital or familial status, sexual orientation, or religion.

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Ep 124: How much did La Casita made in 2020

The Hosting Journey

In today’s episode, 2020: A Year in Review for La Casita I’m going to dive into La Casita's 2020 finances. In today’s episode I’m going to discuss: How much we spent to build La Casita and maintain it through the year The mistakes I feel we made How much we actually earned from Airbnb Listen up to “2020: A Year in Review for La Casita.”

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Rent Control - A Solution? by Gaston Reboredo CCIM CPM

Florida Property Management

The Pros and Cons of Rent Control Policies Research by the Harvard Joint Center for Housing Studies (JCHS) found that although 6.7 Units renting for less than $800 a month declined by 2%, while units renting for $2,000 or more a month increased by a whopping 97%.

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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

Officially known as the Justice for Renters Act, this proposition aims to expand rent control statewide, giving cities and counties the power to regulate rents more extensively. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. Similar propositions were defeated in 2018 and 2020.

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Bitcoin Use Is on the Rise. What Does That Mean for Property Managers?

Propertyware

In April, 2021, California real estate billionaire Rick Caruso announced his company would begin accepting Bitcoin for rent payments. With Bitcoin and other cryptocurrencies growing in popularity, more real estate investors and property management companies may follow Caruso’s lead, allowing tenants to pay their rent in crypto.

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Choosing Between Long-Term and Short-Term Rentals in Colorado Springs: A Guide for Real Estate Investors

Renjoy

from 2010 to 2020, reflecting a healthy influx of residents and a strong demand for housing. According to RentCafe, the average rent for an apartment in Colorado Springs is $1,439, reflecting a year-over-year increase of 9%. Regulation: While this may seem more like a disadvantage (which it can be!) According to the U.S.