We manage properties for homeowners with many unique circumstances but inheritance is one of the most common reasons why people choose to rent out a home. This is the story of a typical case.
Just Looking in the Local Newspaper Classifieds for a Rental Rate Prospective tenants have many ways to check comparable rental rates besides the newspaper – local property managers, Realtors or the internet listings. Property owners renting their own property need to check these sources in addition to the newspaper. Local Realtors can provide a list…
Welcome to the New Year. We said farewell to 2015, which we greeted we optimism. But along the way, our small businesses continued to be pummeled by successive legislative assaults from our elected officials. The bright spots came from our show of force and determination at several
Facebook Advertising – One Landlord’s Experience I believe Facebook marketing will be important consideration for future marketing/advertising if current trends continue. You can use Facebook marketing in multiple ways. Here is what I have done:
The unemployment rate has declined for seven years; the economy has been in expansion for more than six years; and the stock market has more than tripled since 2009. Things are definitely better, right? Yet you wouldn’t know that based on the results of several recent polls.
There is one thing I can always depend upon as a rental property owner and that is eventually the tenant I just rented to will move out. Vacancy is just one part of a natural cycle of rental property ownership. Many landlords have
The “Tenant Protections Ordinance,” (Ord. 171-15), dubbed “Kim 2.0” after its main sponsor Supervisor Jane Kim became effective on Nov. 9, 2015. While the new law made its intent clear, the details of its implementation were left to the Rent Board. At its November 10, 2015 meeting, the Rent Board decided that the law’s non-relative…
Q: I have a tenant who has paid in checks for the past two months. I have not had any trouble cashing the checks; however I prefer to have cash. Can I demand that the tenant pay me in cash?
Why do HVAC Systems Need Regular Maintenance? Owners of commercial buildings sometimes overlook the maintenance of their HVAC (Heating Ventilating and Air Conditioning) systems. I recently had a meeting with clients who own a 20,000 square foot building where they had installed a new HVAC system at the cost of $100,000. Because it was new…
With widespread technology use by residents of all ages and the rise of the Millennial generation, property-wide WiFi, Gigabit speeds, WiFi calling and smart home features are what’s next in technology trends for apartments in 2015.