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Real_Estate_Investment_and_the_Trump_Effect_SQUARE

Landlords across the nation had a unique perspective last year when it became clear that one of their own would be moving into the White House. Real estate investors couldn't help but hope for an income boost since, while the new president's current financial success is closely tied to branding efforts, his family built its fortune on New York residential real estate.

Hopes for cuts in taxes and reduced government oversight excited investors and capitalists of all stripes, writes the New York Times' Gretchen Morgenson.

“When Donald J. Trump won the presidential election, investors seemed positively giddy about what he was going to do to improve the nation’s economy. Believing that his promises to reduce corporate taxes and curtail costly regulations would unleash economic growth, investors pushed stock indexes to new heights,” writes Morgenson.

Read More »

Top 10 Products for New Landlords

Congratulations! You launched your property management career and are officially a landlord. Although you have a new mortgage to pay, insurance to buy, and maybe some home repairs to cover, a small investment in some key tools will help you run your new business effectively.

Here are some suggestions based on the experiences of veteran landlords:Read More »

Stage_Your_Rental_So_the_Best_Tenants_Find_You_SQUARE

It's so easy for landlords to get the word out when they have a unit for rent. They simply post a description and photos online – usually for free – and get a world of tenants at their fingertips.

Why, then, are online rental ads often so unappealing?

Go ahead; choose any neighborhood, enter a few parameters and start going through the photos that pop up.

Harrisburg, Pa. apartment complex: Two of the three shotsRead More »

My_Tenant_Backed_Out_Now_What_V1_SQUARE

You gathered a pile of applications for your rental property. You narrowed it to several finalists and, after screening a few backgrounds, you finally settled on the best candidate for your next tenant.

Now, that tenant is backing out of the lease at the very last minute. What should you do, besides tearing your hair out?

It depends on whether or not the tenant signed your lease agreement, and whether youRead More »

Why_Does_Eviction_Take_So_Long_SQUARE

You want your tenants out and you want them out today. You have been more than patient, your tenants are taking advantage of you, and things are only going to get worse.

So, why can't you just kick them out immediately? Wouldn't any judge understand that eviction is appropriate under these typical scenarios?

• Tenants haven't paid rent in months.

• Tenants let other people move in and never told youRead More »

Recent News Articles

134844759_m A Proposed Federal Rule Change Has Landlords Anxious
Alarm is spreading among rental property owners over a proposal that would hold them liable if they failed to stop their tenants from harassing other tenants who are protected by anti-discrimination laws. The Federal Department of Housing and Urban Development rule could be enacted as early as this fall. What has landlords with multiunit properties worried is that they would be held responsible for failing to stop discrimination action by one tenant against another tenant in a protected class – even if the landlord didn't know the discrimination was occurring. No need to panic, according to HUD. The rule is only a clarification of an existing policy. And since it doesn't call for any new duties on the part of landlords, HUD states, Read More »
Pokemon_Go_Away_V4_SQUARE Pokemon Go...AWAY!
Things were getting out of hand at the small senior center in Quebec City. Hordes of people gathered every evening on the lawn of the private center on a quiet residential street. Strangers set up chairs and spread blankets as if it were a public park. Using smartphones loaded with a hot new game, the crowds played late into the night. Some nights, according to seniors who live at the site, groups of more than 100 people played Pokemon Go until 3 a.m., keeping the neighborhood wide awake. The center director finally hired a security guard to shoo away trespassers, some of whom had been urinating on trees and dropping trash on the property. Read More »
Should_Your_Rental_Lease_Have_a_Marijuana_Clause_Square_V4 Should Your Rental Lease Have a Marijuana Clause?
Imagine that the single family home you own in a quiet neighborhood was just leased to a family that moved from out of state. You pop by a few weeks after lease-signing to drop off extra keys and see how they are settling in. Instead of beds, sofas and other décor, you find that each room has been fitted with grow lights connected to hazardous tangles of electrical cords. Your tenants have stripped your house of furnishings and converted it into a greenhouse for growing marijuana. Read More »
Landlord_Lease How Vulnerable Are Your Assets as a Landlord?
If you own rental property, you own assets that are at risk. Just as large corporations protect their assets, landlords must be sure their investments are protected, even if they have just one rental property. Read More »
Landlords_Access_to_Rental_Properties_in_Emergencies When Your Property Is Under Siege, Where's the Legal Line?
What happens when landlords enter a rental property without notice, or let others in, even in an emergency? A case study from the San Bernardino tragedy. Read More »
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