States and counties across the country have begun the slow process of lifting COVID-19 self-distancing measures. Despite this, there still remain many areas where shelter in place orders and social distancing remain in effect. Jobs continue to lay off employees and unemployment claims continue to rise in unprecedented numbers. Most states and counties have enacted… Read more »
What You Need to Know About Early Prison Releases and Home Confinement
With continued concerns regarding COVID-19 outbreaks, some state and federal prisons have granted vulnerable inmates an early release – and many prisons that have not yet made that move are considering it. Recently, the U.S. Attorney General issued an order that allowed inmates who qualified for an early release the option of home confinement. That… Read more »
Tips and Best Practices for Virtual Tours
Social distancing is being encouraged throughout most of the country, which means a slow-down in lease signings and tour requests for many landlords and property managers. However, even if you’re not able to meet with prospective tenants in person, you can still show them around your property with a virtual tour. Virtual tours are often… Read more »
What You Need Know About Rent Concessions and Lending during COVID-19
April was the first month many tenants were unable to pay their rent due to COVID-19 restrictions. With an estimated 1 in 10 Americans now unemployed, property owners are facing a greater number of rent delinquencies than they’ve seen in recent times. Unfortunately, that trend isn’t likely to change as the federal, state, and local… Read more »
Evictions during COVID-19: What You Need to Know
COVID-19 has had drastic effects on nearly every aspect of society, including the housing market. As millions of Americans have become temporarily furloughed or unemployed, state and local governments have responded to the threat of mass evictions in a variety of ways. Some areas of the country have completely closed their local courts, effectively suspending… Read more »
How Covid-19 is Affecting the Multifamily Market
The spread of Covid-19 came on rapidly, bringing with it panic and equally rapid economic contraction. This has created an atmosphere of fear and volatility that’s not typically seen in public markets. With the current situation, you may be wondering what might be in store for the multifamily housing industry. While there’s no way to… Read more »
State and Local Lawmakers Pause Evictions During Covid-19 Outbreaks
In response to Covid-19 outbreaks across the country, many non-essential businesses have shut down in order to slow the spread of the virus. These proactive measures have led to many people being unable to work and in some cases even losing their jobs. Since many people are no longer working, many major U.S. cities have… Read more »
Six Vital Skills for Landlords and Property Managers
Anyone who owns or manages a rental property knows real estate is a competitive industry. To be successful, it’s important to have a wide skillset. A good landlord or property manager is committed to ongoing education and developing a variety of different skills. Not only does this allow you to be adaptable in a fluid… Read more »
Evicting At-Will Tenancies and Squatters
Every eviction case is different. They each have their own set of circumstances, court rulings, and resolutions. The laws concerning evictions can vary greatly too, depending on the type of tenancy you’re dealing with. Here’s a look at two unique types of eviction: squatters and at-will tenants. What’s a Tenancy At-Will? A tenancy at-will is… Read more »
Odd, Bizarre, and Restrictive Rental Rules
One of the toughest things about being a tenant is that they must abide by other’s rules – or they’ll need to find a new place to live. Most of the time, rental rules are reasonable and easy to follow. Some landlords and property managers, however, take things too far with extremely restrictive or nonsensical… Read more »