|
4 hidden costs of being a landlordLife as a landlord may be tempting to homeowners unable to sell their homes and others looking to add properties to their investment portfolio. However, many costs associated with rental properties catch novice landlords by surprise. The following are four hidden expenses experts say new landlords should consider.
Renters predict 'Year of the Landlord'Renters will be paying more for their rented accommodation in 12 months' time. That is the opinion expressed by respondents to Rightmove's latest Consumer Confidence Survey.
Farrell Files: Florida Renters BewareIf you rent a home or condo in Florida - the question you should ask yourself - how well do I know my landlord's finances? Why? Because as of July 1, 2010, Florida law now allows condo and homeowners associations the right to come after a tenant for unpaid condo/homeowners' fees.
Logan Landlord license applications increase
In the month since the law took effect on July 1, the number of applicants increased from about 100 to more than 900. But with 2,200 estimated landlords in the city, less than half have applied for the new licenses.
Farmington to repeal landlord ordinanceThe Farmington City Council voted Monday to repeal a new ordinance that required local landlords to pay an annual fee and provide the city with tenant information.
Landlord Group Sues City Following New Ordinance
CEDAR RAPIDS, Iowa - The Landlords of Linn County, a group that represents most landlords in Cedar Rapids, has filed a lawsuit against the city of Cedar Rapids. Landlords may lose their license to rent property in Cedar Rapids if someone violates the Crime Free Lease Addendum and the landlord acts “Without any notable of reasonable effort at enforcement.
Judge orders Dartmouth landlord to pay fine, attend fair housing trainingDARTMOUTH — A judge has ordered Jason Griffith, a South Dartmouth landlord who allegedly made discriminatory statements in his rental ad postings on Craigslist to attend training on state and federal fair housing laws, to advertise any future rental property as "Equal Housing Opportunity" properties and pay $1,150 in fines.
Florida AG proposes tougher illegal immigrant curbs
The legislation will require Florida law enforcement officials to check a suspected illegal immigrant's status in the course of a stop, or a violation of another law. This goes beyond the existing situation in the state where officers are allowed to check immigration status, but not required to.
30,000 line up for housing vouchers East Point (Atlanta) police spokesman said the crowd numbered 30,000, some of whom waited for two days at the Tri-Cities Plaza shopping center. They were seeking applications for East Point Housing Authority Section 8 vouchers.
Renter Nation Already, in the wake of the housing bust that brought on the Great Recession, the share of U.S. households owning homes has slid steadily—from 69% at its peak in 2004 to 67.2% in this year's first quarter. And the rate is likely to fall to its 1993-94 level of 64% by 2015.
Boston Landlord Faces $85K Fine, Failed to Provide Discloser
A Boston landlord faces a penalty of $84,600 for charges by EPA that he violated federal lead paint disclosure rules at four of his apartments in Roxbury and Dorchester. These violations potentially put tenants at risk of exposure to lead hazards.
Delinquent commercial mortgages hit double digits
The commercial real estate market passed a grim milestone in June when the delinquency rate for its securitized mortgages shot up into double digits. While the tide of residential mortgages slipping into foreclosure is slowing, the latest report from commercial mortgage-backed securities (CMBS) analysis firm Trepp LLC shows the free fall in the commercial market has continued.
Landlord group critical of city Tired of the city's aggressive enforcement of property codes, a group of Evansville landlords has banded together to improve both relations with local officials and the business practices of their colleagues.
Landlord fined for discriminationThe U.S. Department of Housing and Urban Development says an administrative law judge has ordered an Iowa landlord to pay $52,000 in damages and penalties to resolve a discrimination case.
|