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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 »

Are_Rental_Lease_Rules_Really_Different_From_State_to_State_SQUARE

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 ofRead 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 »

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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 »

Pokemon_Go_Away_V4_SQUARE

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 ofRead More »

View related threads in the Real Estate & Landlord News Forum »

Recent Educational Articles

5_Critical_Steps_to_Tenant_Screening_SQUARE 5 Critical Steps to Tenant Screening: Why this is the Do or Die Moment in Landlording
Achieving success as a landlord does not happen overnight. It requires investing in the right properties and tenants, among other things, which can feel overwhelming at first. However, if you play your cards right, you will build a cash-flowing portfolio that makes you the most money with the least headaches. The first step, of course, is to secure a property before screening tenants. Here’s what you need to know about where to best invest your capital: Read More »
52842515_s Video Tip: Keep Track of All Payments
Good record keeping is important in any business being a landlord does not change that. Always keep track of all of your payments. Read More »
Does_Your_Special_Property_Need_a_Lease_Agreement_4-20-17_SQUARE Does Your Special Property Need a Lease Agreement?
Sometimes, it may seem as if a lease really isn’t necessary when renting property. There are situations that differ from the typical house-for-rent scenario. For instance, these: ¿ You’ve decided to let your favorite cousin move in for a few months while he looks for a job and his own place. Your cousin wants to be fair and pay something toward room and board and, frankly, you could use the extra cash. Since it’s family, and will be for just a short time, do you really need a lease agreement? Read More »
When_You_Have_to_Evict_Birds_SQUARE When You Have to Evict Birds
There’s nothing fiercer than a momma protecting her young, and this goes for birds as well as humans. And, while society’s view of animals - especially pets - has seen a remarkable shift in recent decades, the age-old conflict of unwelcome birds occupying man’s roof eaves, dryer ducts, and stove fan vents continues. It’s no fun having to dislodge a nest of invasive English House Sparrows, let alone beautiful natives like Purple Martins, Chimney Swifts, Red-Headed Woodpeckers and Mourning Doves. The hatchlings shriek and the momma dive-bombs, and falling off a ladder becomes a distinct possibility. Read More »
What_is_an_Addendum_SQUARE What is an Addendum and How Is It Used?
The Latin word “addendum” appeared more than 230 years ago to define “something added.” Here we are in the early 21st century, and no one on Earth speaks Latin as his or her native language. Yet, that word, addendum, is still in heavy use to describe something added to a book, to a magazine, to a yearbook, and, yes, to a lease agreement. Even if you are in that small minority of folks who still remember a few words from long-ago Latin lessons, the use of lease addenda (that’s plural for addendum) may still stump you. So here’s the 411 on that important form. Read More »
Real_Estate_Investing_Tips Real Estate Investing 101 with Industry Expert Paul Cohen, Esq.
Two real estate attorneys and two real estate investing experts answer common property investing questions from financing to taxes to repairs. Read More »
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