Property Management News
With the middle-class squeezed by the rising cost of living, particularly housing costs, many average-earners find it an onerous endeavor to create a decent life for themselves and their families. Living in a big metro like New York or Los Angeles may come with a high income and more opportunities, but the cost of housing in these expensive areas can place a middle-class lifestyle too far out of reach. The data itself tells the story. The average monthly rent in Manhattan is around $4,100, which represents a crushing 59% of the area’s median household income ($83,500), and the median cost of a home in the borough is $1.1M, 13 times the median income. The price to income ratio is a... Read more
The Standard Forms Advisory Committee of the California Association of Realtors® (CAR) releases new and revised forms twice a year. (It is a never-ending process.) The...
From KUT: “Possession to the plaintiff” Every day dozens of people who can’t pay their rent walk into a Travis County courtroom. They sit in front of judges who...
CLICK HERE TO DOWNLOAD: How to Accelerate Rental Tax Deductions Using the New Tax Code PowerPoint CLICK HERE TO DOWNLOAD: Apartment Owners Flyer
Are you a landlord or property owner looking for someone to help you rent out your apartment units or homes? If so, you should consider hiring a leasing associate. A...
The Federal Trade Commission shut down a series of real estate websites that allegedly targeted Section 8 voucher recipients and falsely promised “exclusive” access to rental listings in exchange for a monthly or weekly subscription fee. According to the FTC, two brothers, Steven and Kevin (Kaveh) Shayan, owned four companies and operated a series of real estate websites that offered prospective renters “hundreds of thousands of accurate, up-to-date, and available listings” if they paid a fee to access the listings, when the opposite was allegedly the case. The FTC claims that the Shayan brothers’ companies, Apartment Hunters, Real Estate Data Solutions, Rental Home Listings,... Read more
Photo Credit: Pexels Whether you are selling your house on your own, or you are using a professional but want to have a hand in the process, a successful open house...
Back in 2012, house flipping seemed like the perfect opportunity for a person with extra cash and an eye for remodeling. The market was flush with homes left vacant...
Many children in the U.S. head back to school this week, and it’s likely their parents paid a premium if their drop-off is only a few short blocks away. It costs...
“The single-family rental market is very healthy right now,” according to one analyst. “One of the barriers to entry is just having the people,...
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