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- Dave20 on Are you putting funds aside for property repairs?
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- Lawrence The Austin Preferred Property Manager on 8 questionable rental fees to avoid charging
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Categories
Category: Rental Industry
Renting your property
If you’re thinking about renting out your property, it’s important to set a rent that will cover your costs, earn you a profit, minimize vacancies and provide value to your tenants. The key factor in determining your home’s rental price … Continue reading
Posted in Home, Rental Industry, Uncategorized, Welcome
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The Protecting Tenants at Foreclosure Act
Background The Protecting Tenants at Foreclosure Act of 20091 became effective on May 20, 2009. This new law protects tenants from immediate eviction by persons or entities that become owners of residential property through the foreclosure process and extends additional … Continue reading
Market Switching Condos to Rentals
By ELIOT BROWN of the Wall Street Journal For at least three years, Related Cos. had been planning for the 151 apartments on the highest floors of its new apartment tower in Midtown to be condominiums, sitting atop 663 … Continue reading
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When Your Tenant Won’t Pay
There comes a point when apartment owners find that despite their best efforts at resident screening, they will have to grapple with evictions and collections in response to non-payment of rent. The weak labor market is currently contributing to greater … Continue reading
Posted in Home, Rental Industry, Tenant Evictions, Tenant Rights
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Government seeks to sell foreclosures as rentals
The Obama administration said on Wednesday that it was soliciting ideas on how to turn the federal government’s inventory of foreclosed houses into rental properties that could be managed by private enterprises or sold in bulk. The goal, the administration … Continue reading
Posted in Home, Rental Industry, Uncategorized
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Turning a tenant applicant down because of their credit report information? Know your legal obligations!
The FCRA requires you as the potential property manager/landlord to give an adverse action notice to each consumer whose credit report was used to deny their lease application. The consumer is also then entitled by the law to a free … Continue reading
Tax Advantages to Renting Your Property
Rental real estate offers tremendous tax advantages and opportunity for tax planning. Taxpayers can depreciate property, deduct interest on borrowed capital, exchange rather than sell properties to defer tax on gains, use installment sales to defer tax on sales, and … Continue reading
Posted in Home, Rental Industry, Uncategorized
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Are you putting funds aside for property repairs?
This is something that is commonly overlooked and underestimated. As a landlord, you have an obligation to keep your rental property in good condition for the tenant; not to mention, you want to keep your “investment” in the best condition … Continue reading
Posted in Home, Rental Industry, Uncategorized, Welcome
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8 questionable rental fees to avoid charging
Not all fees are created equal. In fact, some stretch the law. 1. Excessive late-rent fee The Landlord Protection Agency, a website that provides advice for landlords, has this to say about late-rent fees: “Late charges should hurt. … It … Continue reading
Why Rental Property is a Good Investment Now
Nearly two-thirds of new households formed will be renters. Continue reading
Posted in Rental Industry
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