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Will_the_Trend_with_Short-Term_Leases_Last_4-2-17_SQUARE

Short-term rentals are eliciting a strong backlash in communities across the nation. Officials from Los Angeles to Capitol Hill are fielding complaints and mulling new regulations as the trend in short-stay leases grows. Airbnb alone has 3 million properties listed for rent worldwide, up from 550,000 in December, 2013.

For residential owners, the chance to host strangers who want to live like locals during brief visits to unfamiliar cities is an opportunity to get ahead on their mortgage or save for retirement. To the visitors themselves, short leases can offer the most affordable vacation opportunity.Read More »

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 investorsRead More »

Should_We_Try_Renting_our_old_house_SQUARE

Carrie Kirby and her family faced a tough choice when they left Chicago in 2012 to return to California. The Chicago Tribune columnist wrote about having to decide between selling her and her husband's Illinois home at a loss or becoming landlords. They chose the latter.

Many homeowners confront this same scenario, as circumstances force a family to move.

It could be landing a new job, searching for better schoolsRead More »

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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 oneRead More »

View related threads in the Real Estate Investing Forum »

Recent News Articles

Are_Rental_Lease_Rules_Really_Different_From_State_to_State_SQUARE Are Rental Lease Rules Really Different From State to State?
Did you know that if you are a Pennsylvania landlord with a tenant who hasn't paid rent - and your written lease agreement states that no notice is required to evict for non-payment of rent - that you can legally start the eviction process without sending your tenant a notice? Yes, that's allowed by Pa. law. But you'd better not try that in the adjacent state of New Jersey. Rights of tenants in the Garden State cannot be waived. A N.J. lease agreement that declares tenant rights are waived, even if the tenant signed the lease, is unenforceable. Read More »
Why_Does_Eviction_Take_So_Long_SQUARE Why Does Eviction Take So Long?
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 you or asked permission. • The last time tenants let you in to inspect, you saw the unit was trashed. These examples – among many others – are lease violations and landlords do not have to put up with them. And, yes, action is definitely called for. Unfortunately, far too many landlords make wrong assumptions about the action they are per 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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