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Category Archives: Rentals
Regardless that the rental market is resilient, the period is still severe. To save money is essential for a lot of landlords nowadays. One means to achieve this objective is to improve and take care of your rental properties in the most cost-efficient ways.
You may reconsider your strategy, if you don’t oblige your tenants to maintain renter’s insurance. It’s a nice point of home protection for landlords bacause it covers losses or damages caused by the tenant’s carelessness.
Renter’s insurance also protects the tenant’s personal things in case of fire or theft. While the insurance of your property features the building after a fire, renters could be at an overall damage without that kind of insurance.
The new normal in real estate favors a greater number of renters and a growth in landlords just trying to get acquire, according to the National Multi Housing Council’s mid-year apartment strategy conference.
Former U.S. Congressional Budget Director Doug Holtz-Eakin says it’s inconceivable the government would stop subsidizing real estate, despite Republican efforts in Congress to eliminate many of the benefits lawmakers approve to subsidize the industry.
A new survey points to continued growth in the U.S. apartment market over the next two years. Dallas-based Axiometrics Inc., a provider of data and analysis on the multifamily housing sector, says strong April performance numbers will help the industry deliver “outstanding returns” for owners and operators over the next 20 months, as effective rent growth and occupancy rates remain at near-record highs.
What is a landlord’s task after a tenant notifies that he or she is breaking a rent early? Can property-owners just allow a rental unit to stay vacant, requiring the old tenant to continue paying rent until the end of the original lease?
If you’ve noticed the characteristic scent of marijuana wafting out of your rental properties, how did you operate it? Some think that smoking pot is as harmless as drinking a beer, but it’s still against the law. And if you’re ignoring a tenant’s drug use, you could be putting your business at risk.
Even if foreclosure activity dropped by 9 percent in April, scores of individuals and families in America are still being forced out of homes they can’t afford. If you’re one of these unlucky individuals, you’ll likely need to find a rental after your foreclosure. And that means finding a landlord who won’t put too much weight on the fact that your former home was foreclosed.
If you have what it takes to invest in and handle rental houses, you can obtain returns. But do not enter the rental housing market look forward to get rich instantly, or believing you will have an easy time of it.
Equity builds over time, and rental housing takes the same effort, and involves all of the ups and downs, of any well-run small business.
Attention, big-city dreamers: Consider your options before signing the rent on that slummy one-bedroom. Purchasing a home is now cheaper than renting in 80 percent of the major U.S. cities, according to a new research.
Real estate website recently published its quarterly Rent vs. Buy Index, which compares the monthly cost of a two-bedroom apartment with average home list prices in 50 of the biggest markets in the nation.
The 3,000-square-foot Hollywood Hills home once belonged to Paris Hilton – and sold furnished, right down to her life-size portrait – right now is available for rent at $20,000 a month.
Mauricio Umansky, the Beverly Hills listing agent for the rent and Paris’ uncle, says the present owner is a Texas attorney who used the home occasionally before deciding to rent it out. The Paris Hilton’s residence stays “very Paris,” Umansky replies.