Most tenancies go as planned; when the lease period ends, the majority of tenants either choose to move out or sign on for another year. In some cases, though, you may have a tenant who chooses to remain in the rental beyond the official tenancy period—also known as a “holdover tenant.” Understandably, having a holdover… Read more »
Could Credit Scores of the Future Be Based on Online Behavior?
Could what you do online have an effect on your credit score in the future? It’s a distinct possibility, according to the International Monetary Fund (IMF). Recent research from the organization claims lenders may soon start using data from browsing, search, and purchase history to make loan decisions. Read on to learn more about how… Read more »
Do You Need to Disclose a Previous Tenant’s Death?
Most landlords are aware of the disclosures they have to make about lead paint or mold, but what about a death at a rental property? Depending on your state or municipal laws, you may be required to disclose whether there’s been a death on the premises. Failure to follow your state or local guidelines could… Read more »
How to Handle Early Lease Termination
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 »