Require Your Tenants to get renters insurance
According to a survey by Allstate insurance, 60% of tenants nationwide do not have renter’s insurance. The cost of renter insurance is very cheap, usually $15 to $20 per month, and within the price range for most tenants who are not absolutely destitute. Some landlords are requiring their tenants to carry renter’s insurance because it protects the landlords cash flow. […]
Building gets makeover with tenant screening
Creative Management in Columbia, South Carolina has received some positive press for instituting a new tenant screening and eviction program at the Broad River Terrace apartment complex. The building has 103 units and had a reputation for violence, criminal and gang activity. The new owners instituted a strong tenant screening program after taking ownership in 2003, and crime […]
Chicago tenants may get protection against foreclosure evictions
Chicago tenants who face eviction due to landlord foreclosure may receive some additional assistance from City Hall. The plan is being put forth by the Chicao mayor Daley, which will provide up to three months of rent and moving expenses for tenants affected by the landlord foreclosure. The new bill is also looking to expand […]
Screening Tenants for Criminal Activity
The importance of maintaining a safe living environment for your tenants cannot be stressed enough, specifically with regard to criminal activity. According to Amerilawyer.com, “A landlord can be sued for failing to take at least minimal steps to alleviate the risk posed by a violent tenant, a Court has ruled.” The court action’s purpose was […]
Tenant Screening for first time landlords and property owners
With a slow real estate market, the inventory of rental homes has increased, many with first time landlords. The amount of renters has increased as many new home owners cannot afford to pay their mortgages. Sometimes owners will attempt to find tenants themselves or use a mortgage company. Home owners are advised to screen their […]
Does Crime-Free Certificate mean Diet Crime?
We certainly hope the best for Fairfield anti-crime program with property managers in mind. The Police have established a three phase problem to certify housing complexes with the “Crime-Free” distinction. According the new article/press release, “The certification program was developed to reduce crime, clean up rental properties and increase property values” The program sounds like […]
Finding Stable Reliable Tenants
Jessica Beganski wrote a great article about how to find and maintain reliable tenants. She makes some interesting points- the most striking is that she recommends allowing for pets. Her premise is: I think having a pet shows you’re stable, responsible and flexible – all qualities of a good tenant. Most landlords and property managers […]
Privacy Rights for Tenants in Albert Lea City
According to the Albert Lea City Tribune, the city council is voting to pass a new ordinance to have all landlords licensed by the city. Apparently the new ordinance will require facility site inspections as well as requiring landlords to turn over names and phone numbers for all tenants. While it may seem that licensing […]
SuperBad Tenants: a landlord nightmare
Channel 34 news in binghamton New YOrk has a great story about a super bad tenant that wil make your head shake and your wallet cringe. There’s a stereotype in our culture about bad landlords but not one about problem tenants. There could be after reading this. According to the article, it’s common for tenants to trash apartments, and […]
Difficult times for landlords and tenants
The bad economy is causing difficulties for landlords and tenants. Landlords are having a hard time collecting rent and evictions are on the rise. Tenants wages are not keeping up with the cost of living. Recently in Yonkers, tenants and landlords met with the Westchester County Rent Guidelines Committee ti discuss the issue. Sounding much […]
