Property Management News
Hula Hoop. Pet Rock. Rubik’s Cube. All fads that had their moment and, every once in a while, resurface with a new generation. There is another old/new idea that is becoming a more popular option in an expensive and competitive real estate market: renting by the room. A look back in history would show that renting by the room is not a new concept; in fact, it has probably existed for thousands of years in one form or another. But today’s environment brings challenges that likely never existed before. So let’s take a deeper dive into this scenario and see how it may affect you as an owner and investor. If you are like other investors, you have enhanced your portfolio with... Read more
Finding an apartment in a major U.S. city for less than $1,000 per month has become more difficult lately, but in some metros, such as Oklahoma City and Pittsburgh,...
Los Angeles City Council members introduced a motion during a meeting Tuesday that would prevent landlords from raising rents or evicting people impacted by fires that...
As devastating wildfires displace thousands in Los Angeles County, Governor Newsom has declared a state of emergency. In the wake of this crisis, California’s...
As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends. Thousands of...
More than four of every five U.S. residents (82%) believe there should be caps on the amount landlords are allowed to increase rent, according to a new survey commissioned by Redfin (redfin.com), the technology-powered real estate brokerage. The survey data in Redfin’s report is from a commissioned survey conducted by Ipsos in September 2024. The survey was fielded to 1,802 renters and homebuyers aged 18-65, including 188 who live in California. Caps on rent increases, also known as rent control, give governments the authority to put a lid on how much landlords are allowed to increase rent each year. The White House proposed a federal rent control policy in July; the policy would cap... Read more
The New York City Council passed the FARE Act, shifting broker fees from renters to landlords. The law is expected to cut upfront moving costs on units that have fees...
The Federal Housing Finance Agency announced higher caps for 2025 that allow the Enterprises to purchase up to $146 billion in multifamily loans and will continue to...
A group of Jersey City tenants living in rent controlled apartments claim their landlord’s employees placed rancid smelling fish in a vacant unit earlier this year as...
More and more owners are filing for evictions in some Sun Belt cities as tenants increasingly struggle to pay rent. Evictions are up by more than 35% compared to...
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