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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.
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.
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
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,
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.
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.
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.
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.
As HUD proposes making all of its public rental housing smoke-free, should private landlords follow suit and ban smoking in their rentals?
Here are trends affecting landlords around the country, along with some tips on how you can earn even better ROI than the average landlord.
A growing number of Americans are trying homesharing, and joining multiple families and generations in a single home for pooled responsibilities.
There's some evidence to suggest that fewer Americans buy real estate during presidential election years; could 2016 see an election year housing slump?
While the troubled federal law lapsed in 2014, North Carolina passed its own version of the Protecting Tenants at Foreclosure Act.
Real estate companies are finding new and innovative ways to gain disturbing insight into which property owners are likely to buy or sell.
Fashion may recall prior decades, but home designs have changed radically in the last fifty years. Here's what real estate investors need to know.
The Supreme Court ruled that landlords can be sued for Fair Housing violations regardless of intention, based on the disparate impact rule.
A recent report found systematically false forecasts by Social Security, further demonstrating that Americans need other retirement income.
Accepting rent in bitcoins and other virtual currencies may appeal to some landlords, but do the risks outweigh the potential benefits?
Increasing numbers of foreigners are visiting the US to give birth for the citizenship rights, but authorities are cracking down.
With incomes stagnant, many renters are feeling the pinch between higher rents and few prospects for boosting incomes in the short term.
With homeownership rates down, today's renters are more diverse than ever... here are the rental trends that landlords should know.
A family's home suffered $150,000 in damage when Airbnb renters threw a massive party and nearly destroyed the short-term leased property.
Sometimes truth really is stranger than fiction, as these wild and unbelievable real estate facts just go to show.
Raising the minimum wage would push rents and housing prices higher, a boon to landlords and homeowners, but tough for renters and buyers.
California's drought may have a profound impact on housing markets, as it crushes agriculture and threatens water and food price spikes.
Cleaner streets actually do mean less crime, and factors like the height and density of trees are surprisingly correlated with lower crime.
Three of the largest cities in Canada are seeing rapidly shifting market conditions, as interest rates keep dropping and prices move quickly.
Millennials are rapidly changing the rental and real estate industries; here's what you need to know as a property manager or landlord.
Disturbingly, a new report finds that almost all of Americans' income growth occurs by age 35, and only the wealthiest continue to earn more.
While the housing data from the close of 2014 is mixed, one trend is clear: the shift towards leasing is still alive and well.
Vacation home rentals can be both fun and lucrative; here are ten US cities that Zillow named as the best places to buy vacation rentals.
First-time homebuyers are making up a smaller proportion of real estate purchasers, alarming economists and frustrating would-be homeowners.
Real estate prices nationwide continue to normalize, and spring 2015 housing markets look to be appreciating at a healthy pace.
The average US city resident is slowly being priced out of America’s largest cities, risking a host of social and economic problems.
With the majority of New York Airbnb rental transactions illegal, how can short-term landlords stay within the bounds of the law?
Young adult migration patterns are a strong indicator of future economic growth and housing demand, marking good areas for real estate investment.
A new survey of Canadian real estate buyers shows that they are expecting to pay more for less house. Rental investors and homebuyers beware.
Micro-cottages can be great for bringing in vacation rental income from Airbnb, as guest lodging, or a million other inventive uses.
As Zillow launches a new premarket listing option which could help sellers and landlords sell/lease faster, some realtors are fighting back.
Virtual reality tours of real estate combined with interactive features, could revolutionize the way people initially browse rental listings.
Surprisingly, a closer look at the rent affordability gap reveals relatively stable rents, while real incomes are down since 2009.
Not all rental markets are created equal. We take a look at some of the most expensive - and cheapest - leasing markets, and examine causes.
Get ahead of the curve with this housing market forecast for investors. Learn why vacancies are projected to be higher in the southern states for 2014 & 2015.
A recent squatting case in California reveals the limitations of Airbnb's ability to protect vacation rental owners.
Here are the top 25 rental investing markets in the US, based on housing market data provided by RealtyTrac and RentRange.
Military service members have given a great deal for our society, so EZ Landlord Forms is proud to propose the Military Discount Movement.
Harvard's annual State of the Nation's Housing study found that the ongoing real estate recovery will depend on millennial participation.
Canada is seeing an explosive growth in the number of real estate agents, concerning analysts who worry the market cannot sustain them all.
Real estate values and rents continue to rise, but at a slower pace than the last several years' impressive gains.
Real estate investors looking to expand their portfolio overseas should consider these oft-overlooked gems, which are still affordable.
With investing icons like Warren Buffett and Sam Zell spending millions buying trailer parks, more mom and pop investors are taking interest.
Flipping homes may seem very 2006, but it is rapidly recovering in popularity (and profits) after a post-Recession slump.
A fascinating new poll by Gallup shows what percentage of each state's residents wants to move away, revealing deep discontent in many states.
Angry renters have been harassing tech employees and landlords in San Francisco, where rising rents have caused increasing social unrest.
RealtyTrac reversed course this week, rescinding its recent move to include comprehensive additional data alongside real estate listings.
Many analysts are scratching their heads as mortgage originations reach a low not seen since 2000, as several causes of the problem emerge.
RealtyTrac has started displaying a massive amount of neighborhood data alongside its listings, but the data may hurt many sellers' prices.
A recent survey taken by Zillow reveals some troubling results, as few landlords truly understand some of the basics of landlord-tenant law.
Existing home sales have dropped precipitously, leading real estate analysts to wonder if market fundamentals are weakening.
Once confined to the tech sector, patent trolls are becoming more aggressive and targeting massive real estate companies.
The demographics of homeownership are changing, with adults waiting longer before buying real estate... if they end up buying at all.
The the legal marijuana industry expanding, what can landlords and real estate investors do to capitalize on the changing times?
With many states legalizing marijuana usage in some form, can landlords legally prohibit cannabis use in their rental properties?
As short-term subleasing becomes increasingly popular, more landlords and municipalities are trying to prohibit tenants from doing so.
The residential energy efficiency tax credit and the mortgage debt forgiveness tax break both expired at the end of 2013, raising taxes for millions.
While residential home prices dropped slightly in November, they increased when seasonally adjusted, and are up 13.7% year over year.
Walkability has been a growing buzzword and trend in residential real estate in the last five years; what does it mean for savvy landlords?
As of 1/10/14, there are new restrictions on mortgage loans, even seller-financed loans. Here's the breakdown of the new Dodd-Frank law.
As households become more energy efficient and Americans use less power, scant incentives exist for landlords to upgrade rental properties' energy efficiency.
More families in the US and Canada are sharing a home with multiple generations, and developers are now building homes to accommodate them.
With a spike in new construction starting in November, homebuilders and apartment developers have shown they see a strong 2014 for housing demand.
As U.S. real estate markets continue a steady recovery, foreign money has flooded in to scoop up investment properties at perceived bargain pricing.
The data comparing homeowner and tenant happiness is intriguing... and intriguingly mixed.
The housing data has been largely mixed about purchase activity and home prices, what exactly is going on in the real estate industry?
San Francisco's rents have become too high for many low and middle-class residents, while new housing construction is often blocked. Rent control battles ensue.
With many immigrants lacking credit histories or documented income, Canadian landlords struggle with foreign rental applicants and complex legal requirements.
New laws starting in January 2014 tighten the regulations on lead in water pipes, indicating a growing concern about lead poisoning from older water pipes.
Private equity firms have invested billions of dollars in the last few years converting foreclosed properties into rental units, concerning local landlords.
The ULI has just released its forecasts for 2014 real estate market trends and industry projections - where are North American rental markets heading in 2014?
With hundreds of billions of dollars in HELOCs about to reset to higher payments, borrowers are in for payment shock, which may ripple across housing markets.
Rents have been rising for several years, and most economists forecast them to rise even faster in the coming years, as demand is up and supply is down.
The First Amendment protects rights to free communication, but does that mean tenants and condo owners can litter their lawns and windows with political signs?
Research reveals a strong correlation between an area's homeownership rate and it's subsequent unemployment rate between the years of 1950-2010.
The NFIP loses billions of dollars every year on flood insurance, which may mean flood premiums could rise by up to 2,000% for coastline residents.
Some developed nations are already witnessing the economic pain that comes with lower fertility; how do negative birth rates affect real estate markets?
Flood insurance is nearly impossible to buy in Canada, yet flooding is Canada's most common natural disaster, leading landlords and homeowners to wonder "Why?"
Marijuana grow-ops are no laughing matter for landlords and neighbors whose properties are damaged, or people harmed by the security mechanisms to guard them.
More taxpayers are leaving high-tax states like Massachusetts for lower-tax states like Florida, but high-tax states are not letting residents go quietly.
What impact does attractiveness have in landlord decisions such as hiring property managers and Realtors, and placing tenants?
In high-rent cities like Seattle, micro-units can help meet the desperate demand for affordable housing, but controversy follows as some activists object.
Rising demand for rentals has led to a shortage of affordable housing in many places across the U.S., creating an opportunity for savvy investors.
You're either for or against renting to Section 8 tenants, but the choice is being taken away from landlords as more states outlaw the rejection of Section 8.
The Affordable Care Act has an affect on a variety of new taxes that affect real estate investors and landlords, including these specific three new tax rules.
A recent ruling against a law firm representing a large apartment landlord raises questions about who is liable for what, and raises expectations of attorneys.
The definition of wealthy changes depending on who you ask, but this five-step ladder offers a universal guide to the different levels of wealth - and tips!
Landlord-tenant disputes are often heated, and can even turn violent. Here are several ways to improve both your cash flow and relationships with your tenants.
A lawsuit brought against a New York City landlord led to a tenant scoring $1/month rent for a $2,100 apartment, in a cautionary tale for landlords everywhere.
There's been a lot of debate about U.S. housing markets this summer. What are the facts and how does the real estate recovery actually stack up at the moment?
President Obama appeared online earlier this month to take public questions and promote his housing agenda, in a Q&A forum hosted by Zillow CEO Spencer Rascoff.
Millennials reported lower interest in owning real estate during the Great Recession, but has that changed in the years since?
Mobile technology is gradually altering the way some property managers and landlords handle their business, but it comes with its own risks.
This easy-to-read infographic explains the fundamentals of real estate market cycles, and lays out where we are currently in the cycle of recovery.
When a deck collapsed during a tenant's Fourth of July party, several guests were injured. Who is liable if they decide to sue over the accident?
One-person households are on the rise, which means higher demand for housing - good news for real estate investors nationwide.
An Annapolis tenant received an $800,000 judgment against her landlord, after he failed to address a bedbug infestation.
A corporate landlord in New York City is under investigation for allegedly harassing and pushing out Hispanic tenants to make way for more expensive rents.
As baby boomers start reaching retirement age, the question arises whether a glut of suburban housing is waiting to flood markets across North America.
Why are mortgage interest rates increasing? Here are the basics behind the Federal Reserve and how it influences interest rates.
Landlords and property managers often venture into high-crime neighborhoods, but a new smartphone app lets colleagues and family know exactly where they are.
After her tenant moved out, one Atlanta landlord had a shock in store for her: an unpaid $19,000 water bill that the city is demanding she pay.
Covington, Kentucky is experimenting with a unique but simple approach to helping landlords screen tenants, to slash vacancies and defaults.
While rents are forecast to rise 4.1% nationwide, some rental markets will see slower growth in rents. Here are 10 rental markets forecast to grow slower than average, where rental investors should be aware of slowing growth.
Despite the leap in home prices nationwide, there are still markets where cap rates for single family rental investments remain excellent. RealtyTrac breaks down the top 10 by cap rate.
New credit scoring models are available to borrowers which may improve their chances on getting approved for mortgages, auto loans, and more!
Many American workers have no money saved for retirement. Fortunately, rental properties offer some excellent advantages as retirement investments.
While some U.S. cities are hurting, others are booming! These 10 U.S. cities are the likeliest to continue seeing strong rent increases through the end of 2013.
This article includes information about a proposed bill in Oregon that restricts landlords from using certain criminal information when screening applicants.
Spring 2013 is looking brighter for real estate since the Great Recession reared its ugly head, and there are plenty of reasons to feel optimistic!
As the economy creates more jobs, many young adults are leaving their rural counties in the Midwest and Northeast and moving to the West and the South's cities.
In a mildly absurd landlord-tenant episode, an Ohio landlord allegedly spanked a tenant who had failed to pay his rent. Lawsuits and shenanigans ensue.
A Florida landlord changed the term on the signed lease agreement to favor his eviction case... and wound up in jail.
Many New Jersey and New York landlords are still struggling to repair rental properties damaged by Superstorm Sandy, and in some cases being forced to pay for repairs to public utility lines.
Homebuyers will be paying more to buy homes starting this spring, as the FHA hikes its fees and rates once again.
Every landlord has seen a strange eviction case in their day, but these are a whole different story, from Peeps pyramids to a "crazy rat lady."
Detroit proves a fascinating case study of a major American city crumbling under its debt, half of whose homes would cost more to demolish than they are worth.
The foreclosure rate has been slowing for several years, and in many states has passed entirely. Where are we today with the foreclosure crisis?
Review some of the best market indicators for the everyday landlord and investor, including where housing markets stand and how they look for 2013.
Should landlords be stand-ins for police, forced to evict disruptive tenants? Harrisburg is not alone, and is merely the latest city to adopt this stance.
How would housing markets respond to the fiscal cliff, with the end of the year nearing and no ample progress made on budget negotiations?
Tragedies like this should serve as wake-up calls to landlords, tenants and property managers about their responsibilities for furnaces and smoke/CO detectors.
A small but growing number of property managers are experimenting with creating small, free book exchanges to boost renter engagement and sense of community.
When a Pennsylvania landlord accidentally let a dog out of her tenant's house, it attacked a child, and the landlord now faces criminal charges.
As the election looms, now is a good time to take stock of the current real estate and rental market statistics, and how they compare with four years ago.
The new multi-billion dollar trend among private-equity firms began buying foreclosures en masse, and keeping them as rental properties.
While real estate has boomed in Canada over the last decade, demographic changes are likely to bouy the Canadian real estate market over the next decade.
In a disturbing cautionary tale, an Oregon tenant attempted an "estate sale" of the landlords' furniture that had been leased with a furnished rental agreement.
Anti-lead paint regulations have grown teeth, and landlords are now being prosecuted as criminals for failing to adhere to the letter of lead-based paint laws.
A recent lawsuit may urge more satellite television providers to require a landlord's signature if changes to the rental property are required for installation.
The rental industry has had a good year or two, compared to the rest of the American economy, but where does the American rental market stand now?
This overview examines housing market trends in 2011 and where we are headed for 2012, as well as the rental boom, new construction, shadow inventory, and more.
There is a self-reinforcing cycle at work among unemployment, real estate markets, credit markets, and government solvency, which is worth a closer look.
Real estate investors who normally bought, renovated, and resold are now finding themselves unable to sell, and signing a lease until they can find a buyer.
While the economy overall suffers and real estate values remain flat, the rental industry is surging forward with rising rents, and a high demand for rentals.
Federal tax law changed the capital gains rate for some filers between 2011-2013. But 1031 exchanges remain an option for many real estate investors.
The uncertainty and mixed news that characterized the 2010 real estate markets around the country is not about to clear instantaneously, but there are a few trends and predictors that we in the real estate industry can take away from 2010, and watch in 2011.
Telly Award-winning TV show Designing Spaces invites ezLandlordForms' CEO Kevin Kiene and legal counsel Paul Cohen to offer some landlording tips and advice.
Madison, Wisconsin provides a useful case study in how cities can survive and reverse real estate downturns and depreciation.
Landlords and Property Managers Vote YES for New One-Stop Online Document Resource.
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