The American economy has been growing for the past ten years, yet more and more people are struggling to pay rent. According to the new report published by Apartment List, almost half of American renter households can be classified as cost-burdened as cost-burdened, spending more than the recommended 30% of their incomes on rent. […]
Like anything in life, it’s the little things that can make a big difference. This also applies to rental properties. First impressions matter to tenants. This means that every part of your property needs to be in tiptop shape, not just to get the perfect tenant, but to see each property turn faster than average. […]
In recent years, rental fraud has become more common and is affecting not only renters, but landlords as well. Unknowingly, you might be posting listings that appear fraudulent, causing you to miss out on a lot of potential leads. In a new study, Apartment List found that an estimated 5.2 million U.S. renters have lost […]
Compared to flipping properties, land lording is a long-term commitment with demanding requirements of your time. Before you take the steps toward the job of landlord, examine your capabilities and desires, and make sure that you’re up to it. If you are, it can be a wonderful and profitable experience. Are You Cut Out to […]
If you’re a tenant in a New York City high-rise apartment or condo, you’re probably familiar with the “80/20 carpet rule,” which requires you to cover 80% of your floors with carpeting. Although not common everywhere, this rule does appear in lease agreements in some places other than the Big Apple. The primary purpose of […]
One of the reasons landlords are reluctant to rent to tenants with dogs is fear that if the dog injures someone, the landlord, as well as the dog’s owner, may end up paying. It’s very rare, however, for a landlord to be found liable for injuries inflicted by a tenant’s dog. Just leasing premises to […]