Legal Q & A By Franco Simone

Q: My tenant paid his January rent with a personal check. Several days after I deposited the check, the bank notified me that the check was dishonored because there were insufficient funds. I no longer want to accept personal checks from this tenant.  Can I demand payment of rent in cash? A: Yes, if your…

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Did YOU Know

Renting Rooms Some landlords use the business plan of leasing individual rooms in a house, as opposed to leasing the house to a single family.  In general, more revenue can be collected by this business practice.  Unfortunately, there are a multitude of problems that can occur in this situation. In some jurisdictions, this practice is…

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Secondary Market Rents Soar While Primary Markets Plummet By the Editors of the Rental Housing Journal

Secondary market rents are growing as rent growth is varying across markets as the divide between gateway and secondary metros continues to increase with the pandemic, according to the October report from Yardi Matrix. “With each passing month, outmigration from large gateway markets to secondary and tertiary tech hubs is amplifying. At this point, the apparent…

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