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Rising Above Price Gouging: How One AAOA Member Brings Hope to Displaced Families Amid L.A. Fires

American Apartment Owners Association

Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. California Attorney General Rob Bonta urged residents to report suspected price gouging. Well take it from there,” he said.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. These factors can affect a propertys value and its appeal to tenants. That means that if one tenant moves out, you will still receive income from the other tenants.

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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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What to Do If You’re Facing a Rent Increase

Bay Property Management Group

Rent increases are pretty much unavoidable. While they’re unpleasant for tenants, they’re necessary for landlords who must pay for the rising maintenance costs, taxes, and utilities. So, if you’re facing a rent increase, there are a few things to remember. Contents of This Article: How Often Can Your Landlord Increase Rent?

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The Importance of an Accurate Rental Application

American Apartment Owners Association

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. In the long run, accepting a deceitful tenant can cause you a great deal of grief and money. Landlord verifications reveal what kind of tenant an applicant will be.

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Big US Cities Challenge Algorithmic Rents

American Apartment Owners Association

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Critics, however, argue that targeting rent algorithms is a distraction from the root cause of rising housing costs: a lack of supply. They’re here.”

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Seattle Landlord Sues The City Over Tenant Rules

American Apartment Owners Association

A Seattle landlord has sued the City of Seattle alleging a number of laws passed in the name of tenant protections in the last few years have financially strapped his affordable housing units, according to the Seattle Times. Source: Rental Housing Journal The post Seattle Landlord Sues The City Over Tenant Rules appeared first on AAOA.

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