All landlords want tenant stability. Tenant turnover can be a cash-flow killer, not to mention time-consuming. That’s why finding the right tenant is so important! However, despite your best efforts, you may have tenants who want to break their lease or move out right before the term expires. Here’s a look at how to handle… Read more »
Is It Legal to Discriminate Based on Zodiac Signs?
Astrology has become increasingly popular over the last few years, especially among young people. This might not seem relevant to the rental housing industry, but zodiac discrimination has become more common than one might think. The question is, is it legal? Zodiac discrimination first became publicized a couple of years ago, when a New York… Read more »
Are Eviction Moratoriums Becoming the New Normal?
The Federal eviction moratorium officially ended on August 26, after a 6-3 vote by the Supreme Court ruling that the CDC’s order exceeded the agency’s authority. In response, the White House encouraged governors and mayors to issue their own state and local eviction moratoriums to help protect struggling renters. Top Biden officials stated, “Our bottom… Read more »
Florida Landlord Requires Tenants to Get Vaccinated: Is this Legal?
In August, Florida landlord Santiago A. Alvarez enacted a policy requiring his tenants to get vaccinated for COVID-19—or face eviction. Alvarez, who owns eight apartment complexes with 1,200 units total, decided to require vaccines after 15 of his tenants died of the virus. His new policy also states that applications from prospective tenants will automatically… Read more »
The Top 10 Long-Term Real Estate Markets to Invest In
Have you been thinking about investing in real estate? Traditionally, real estate has been seen as an effective hedge against inflation; when the price of goods and services go up, so do property values. However, with everything from fix and flips to turnkey properties and Airbnb rentals, you may be wondering what type of real… Read more »
Why Criminal Records Checks Will Become Increasingly Difficult to Get in California
With the decision in the case All of Us or None – Riverside Chapter vs. W. Samuel Hamrick, Clerk, California Superior courts have been removing the “date of birth” search fields in their online portals and public access terminals at the courthouses. This has severely impacted background screening. Often, the name is the only identifier… Read more »
What You Should Know About the Latest CDC Eviction Moratorium Extension
The Centers for Disease Control and Prevention (CDC) announced on Tuesday, August 3, that it will be extending the federal eviction moratorium through October 3, 2021. This announcement was made after the previous moratorium ended on July 31. Like many rental housing professionals, you likely have questions about what’s changed with the latest reiteration of… Read more »
8 Common Tenant Scams and How to Avoid Them
Every landlord wants to have responsible tenants who pay their rent on time, respect the property, and don’t cause any trouble. Unfortunately, there’s always some risk associated with renting your property; this is why it’s essential to be cautious when reviewing applicants and keep an eye out for any red flags that could indicate a… Read more »
What to Know as the Federal Eviction Moratorium Comes to a Close
The federal eviction moratorium has been extended numerous times since the start of the pandemic, but it now appears to be reaching its end on July 31, 2021. This last extension, which prohibited evictions for an additional month, was intended to give Congress more time to determine a long-term solution to the looming wave of… Read more »
Strategies You Can Implement Now to Help with Future Nonpayment of Rent
Rental income is one of the primary reasons many people invest in rental properties. Unfortunately, rent collection doesn’t always go smoothly—especially if your tenants have been impacted by COVID-19. The federal eviction moratorium and state moratoriums make nonpayment of rent even more complicated, as qualifying tenants cannot be evicted due to nonpayment. Whether you’re dealing… Read more »