How Rent Control Drives Out Affordable Housing – Part V By – William Tucker

Shadow-Market Housing In large metropolises, a housing shortage can severely damage the city’s economy.  Experience shows that when such cities adopt rent control, they usually try to avoid outright housing shortages by leaving segments of the market unregulated.  Unsatisfied demand is diverted into this unregulated sector.  Because of the shadow-market effect people in this sector…

IN THE NEWS … OWNERS BEWARE!

Woman Shot in Head While Serving Eviction Notice and Raccoon Attack Leads to a Lawsuit Against Apartment Complex – By the Editors of the Rental Housing Journal Recently, there have been some court decisions which owners should bear in mind as part of their day-to-day management of their buildings. Below are those cases. 

Pacific Legal Foundation Asks Supreme Court To Give Homeowners Protection from Excessive Fines – by Christina M. Martin Attorney

Our friends at Institute for Justice have convinced the Supreme Court to soon decide in the case Timbs v. Indiana whether the Constitution restrains states (and not just the federal government) from imposing excessive fines. This case started when the State of Indiana attempted to take Mr. Timbs’s Land Rover, on top of other punishments, for his violation…

Management Tips From MRLANDLORD.COM by- Jeff Taylor

 A landlord started a discussion on our rental owners’ forum asking landlords to share their favorite statements which rental applicants make that will instantly cause the landlord to consider not renting to them. One landlord admits that the reason they want to actually meet the applicants in person during the showing is because they are…

Did You Know- by Dennis Block

No Good Deed Goes Unpunished  If you allow a guest to stay on your property for 30 days, your guest will gain possessory rights to your property. This is true even though no rent was charged. The police will not assist you in forcing this guest to move. In addition, it would be considered a…