Property Management News
It’s an excellent time to be a landlord. Amid a U.S. recovery that has been frustratingly slow for most folks, property owners’ share of the economic pie has grown larger than at any point in the past seven decades. As just about anyone renting in a major U.S. city can attest, the past 10 years have produced a brutal squeeze in the property market. The subprime bust, stricter mortgage requirements, marriage-delaying millennials and weak income growth have added millions to the ranks of renters. Meanwhile, restrictive zoning laws and a lack of low-income housing construction have kept supply from keeping pace. The result has been a bonanza for anyone lucky enough to own rental... Read more
A recent report notes that a growing number of retail, entertainment, and travel outlets are turning to self-service checkout kiosks for their customer service needs....
For the last five to six years, the number of foreclosures has been steadily declining since hitting a peak. December 2015’s total of 32,000 completed foreclosures...
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry. As rent prices continue to rise and a growing number of...
We’re neck-deep in the Photoshop era—retouching, it seems, has become an inescapable part of everyday life. Dating-site photos are retouched. Cover models are...
Inspection day is exciting. Besides running all the faucets, testing the appliances, and peeling back that shag carpet to check for hardwood (fingers crossed!), what else should be inspected? Simply put: Everything. Your home inspector should examine every square inch of the house, from the electric garage door to the built-in microwave. Faulty construction, improper electrical wiring, inefficient insulation, old heating, building permit violations, and other unseen problems can lead to expensive home repairs — large and small. However, don’t assume that if you hire a home inspector, they will be able to tell you absolutely everything you need to know about the house. Home... Read more
As some banks step away from construction lending, the Federal Housing Administration (FHA) is stepping into the gap, with competitive rates and faster processing...
“So what’s the neighborhood really like?” is the ubiquitous refrain among home buyers shopping in areas they’re unfamiliar with. And though your real...
While investing in a rental property may be a sound way for people to secure their financial futures, one insurance company has warned that landlords won’t always get...
Concerns over unpaid rent, unoccupied property and unruly tenants rank highly among the worries that can keep landlords up at night. A specialized form of landlord...
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