Osprey Property Management

OCTOBER 1, 2024

Originally published September 2021. Unlike a long-term lease, a month-to-month agreement is automatically renewed unless either the tenant or landlord provides notice of non-renewal. Updated October 1, 2024. Rental property owners in Norfolk, VA, know it's important to understand how month-to-month lease agreements work.

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Rental Housing Journal

FEBRUARY 4, 2025

The complaint alleges the landlords breached their duty to remedy maintenance issues and are seeking $1.8 According to the lawsuit, the lack of heat in the apartments on East Burnside Street has been well-known by the landlords and ignored since well before 2021. A group of tenants has filed a $1.8

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BiggerPockets

MARCH 18, 2021

There are several misconceptions about rent-controlled properties. For some, they can be a great addition to their investment portfolio. In this article, we look at the good and the bad of owning this type of asset.

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Buildium

OCTOBER 28, 2024

Buildium’s identity verification and fake reference detection features are powered by TransUnion®, one of the three accepted nationwide providers of credit reports , so you can gain peace of mind knowing that previous landlords reported by applicants aren’t fraudulent.

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Real Property Management Chicago

JULY 12, 2024

Report the issue to your landlord After controlling the water flow, you should call your landlord right away. Your landlord should be informed of what happened and what you’ve done to fix the problem. By calling your landlord, you can coordinate to get the leak repaired and address any other damage in the home.

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Real Property Management Chicago

JUNE 14, 2024

With frequent renewals, landlords can raise rent and update policies or lease terms more often. This implies that the landlord can’t raise the rent or change the agreement until the lease renewal. Terms will differ, but landlords often require an extra month’s rent and forfeiture of the security deposit to end a lease early.

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Real Property Management California Coast

JULY 27, 2024

Compare the security deposit rates of other landlords in your area to keep your own rates competitive. In some states, landlords must store the security deposit in an interest-bearing account, though others allow various options. Adhering to these legal and ethical rules makes you a fair and responsible landlord.

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Mashvisor

OCTOBER 5, 2021

As a landlord, you know how much work it takes to keep your rental investment profitable and in tip-top condition. This is why a landlord inspection is important. You want…

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Real Property Management DC Metro

JUNE 25, 2024

To stay competitive, research the security deposit amounts charged by other landlords in your area. In certain states, landlords are mandated to keep the security deposit in an interest-bearing account, while other states provide multiple options. A high security deposit request may discourage potential tenants.

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MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. Did you know that around 15% of renter households in the U.S.

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Rental Choice

MARCH 5, 2024

The rental market rapidly increased during 2021 and 2022. In 2021, the median age was 44 years. Landlords and property investors would pay attention to these trends to protect their investments and make the right purchases moving forward. Softening Rental Markets According to the report, apartment growth has stalled.

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American Apartment Owners Association

DECEMBER 12, 2024

With billions of dollars worth of commercial real estate loans coming due, landlords with struggling properties are increasingly giving the keys to lenders and walking away. For struggling landlords, its an appealing option.

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BiggerPockets

FEBRUARY 18, 2021

An optimized rental price is a critical factor in property management. How do you effectively manage your property or your property management team to achieve the best outcome? Here are five easy, efficient ways.

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Mashvisor

MAY 30, 2021

While many property sellers, buyers, and real estate professionals act professionally and keep the law for the most part, illegal real estate practices still occur every day. As a real…

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Real Estate Property Rent Tenant 71

Mashvisor

MAY 29, 2021

American job markets have taken a hit since the emergence of the coronavirus in 2020. While things are returning to normal, there is still more required for the economy to…

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Real Property Management DC Metro

SEPTEMBER 27, 2024

To maximize your rental property’s potential, landlords and property owners should: Update and upgrade regularly. Originally Published on October 15, 2021 The post Is Renting Smarter Than Buying Your Home? It is worth implementing small changes, especially if it helps you optimize your rental income.

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Real Property Management California Coast

JUNE 28, 2024

Repairs needed for the property are a major reason why landlords and property managers withhold security deposits. Keep a record of your walk-through checklist The home’s state before you move in isn’t your responsibility, but without proof, the landlord might pin existing damage on you. Are you planning to relocate?

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T&H Realty

FEBRUARY 10, 2025

Low Interest Rate Carryover : Many sellers who locked in historically low interest rates in 2020-2021 are holding onto their properties, reducing the number of new listings and further driving up prices. Higher home prices translate to higher mortgage payments, which in turn squeeze potential cash flow.

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MRI Software

DECEMBER 6, 2023

from the highs of 2021 to the most current reading of 89.1%. The yellow highlights draw your attention to those markets whose overall average occupancy dropped below 90%, a threshold known as the point where a market transitions from a ‘Landlord Market’ to a ‘Renter Market’ and concessions prevail.

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MRI Software

NOVEMBER 6, 2023

percentage points from the highs of 2021 to the most current reading of 90.5%. The yellow highlights draw your attention to those markets whose overall average occupancy dropped below 90% in October, a threshold known as the point where a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’

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Florida Property Management

APRIL 16, 2021

With eviction moratoriums causing problems for landlords who can’t collect rent, the Boca Raton rental market has not been terribly affected. If anything, the number of people looking to spend time in Florida increased throughout 2020 and into 2021. We haven’t had as many delinquencies as other markets during the pandemic.

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Florida Property Management

JUNE 11, 2021

High Rents and Stable Tenant Pools The increase in rental values has not been as high as in past years, but given the economic uncertainty the pandemic brought to other rental markets across the country, we’re pretty satisfied that rents still managed to go up one or two percent in Weston over 2020 and into 2021.

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MRI Software

MARCH 5, 2024

As supply surges, demand or job growth is settling, moving lower from the historic highs recorded during the economic reopening in 2021. Occupancy Figure A compares occupancy levels at the end of 2021 to those at the close of February 2024. percentage points from the highs of 2021 to the most current reading of 90.6%.

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MRI Software

APRIL 3, 2024

As supply surges, demand or job growth is settling, moving lower from the historic highs recorded during the economic reopening in 2021. Occupancy Figure A compares occupancy levels at the end of 2021 to those at the close of March 2024. percentage points from the highs of 2021 to the most current reading of 89.6%.

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Real Property Management California Coast

JULY 12, 2024

Regularly replacing the carpet in your Manhattan Beach rental home is essential, but not many landlords find it enjoyable. More landlords are now choosing hard-surface flooring instead of wall-to-wall carpeting in their rental properties. Some landlords try to extend this to seven years or even longer—usually to their own detriment.

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MRI Software

FEBRUARY 6, 2024

As supply surges, demand or job growth is settling, dropping from the historic highs recorded during the economic reopening in 2021. Occupancy Figure A looks at occupancy levels at the end of 2021 and compares them to occupancy at the end of January 2024. from the highs of 2021 to the most current reading of 89.0%.

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American Apartment Owners Association

AUGUST 30, 2024

Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 Today’s owners demand laser-focused attention on every dollar spent. percent and has now been in negative territory for over a full year.

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Real Property Management DC Metro

JULY 12, 2024

Swapping out the carpet in your Capitol Hill rental home every few years is important, yet most landlords dislike the task. If this suggestion seems drastic, consider these reasons why getting rid of the carpet makes sense for both landlords and tenants. Why not consider getting rid of the carpet in your rental property for good?

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Real Property Management California Coast

OCTOBER 20, 2023

Usually, the terms of your lease agreement specify what modifications you may make without the landlord’s consent. Causing Damage to the Property Due to damage from renters’ decorating decisions, landlords frequently take money out of security deposits. The lines between what is permitted and what is not must be understood.

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Real Property Management California Coast

JANUARY 26, 2024

We’ll explore the important aspects of commercial real estate investing in this guide, which landlords, property owners, and real estate managers should take into account. Originally Published on August 13, 2021 The post Navigating Commercial Real Estate Opportunities appeared first on Real Property Management California Coast.

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Real Property Management DC Metro

OCTOBER 20, 2023

Typically, your lease specifies which alterations are permitted and which require permission from your landlord. Causing Damage to the Property Because of the damage caused by renters’ decorating preferences, landlords frequently withhold security deposits. It is essential to be aware of what is permitted and what is prohibited.

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Real Property Management DC Metro

JANUARY 25, 2024

As real estate managers, landlords, and property owners contemplate whether or not to invest in commercial real estate, this article will examine the most important considerations in that regard. To fully realize the potential of commercial real estate in your investment journey, keep in mind that making educated decisions is essential.

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MRI Software

JANUARY 5, 2024

The table in Figure A compares occupancy levels at the end of 2021 to those at the end of 2023. As 2021 closed, occupancy levels were near all-time highs driven by the spike in leasing activity with the economic reopening from COVID shutdowns. from the highs of 2021 to the most current reading of 89.0%.

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Florida Property Management

MAY 28, 2021

The Federal Centers for Disease Control and Prevention (CDC) has released a federal eviction order that has been extended through June 30th, 2021. The order bans landlords from evicting tenants for nonpayment of rent if the tenant meets certain qualifications. Talk to former landlords.

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Real Property Management California Coast

SEPTEMBER 28, 2024

To maximize your rental property’s potential, landlords and property owners should: Update and upgrade regularly. Originally Published on October 15, 2021 The post Is Renting Smarter Than Buying Your Home? It is worth applying even small changes, especially if it helps you optimize your rental income.

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MRI Software

OCTOBER 5, 2023

percentage points from the highs of 2021 to the most current reading of 91.2% The yellow highlights draw attention to those metros with an average occupancy dropping below 90%, a threshold that has historically been the point at which a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’ at the end of September 2023.

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Rental Housing Journal

NOVEMBER 17, 2024

There has been a 45% increase in $1,000,000 umbrella insurance claims opened in 2032 compared to 2021, according to insurance provider USAA. About the author: Lance Anderson has been a landlord for over 25 years and an insurance agent for over 30. We have seen the cost of commercial umbrellas triple in 2024.

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