Before you send a rent increase notice, you need to know why you’re increasing your tenants’ cost of living. (They’ll likely want to know as well.) Some residential property managers will raise rent by the maximum allowable amount with every annual lease renewal. Others prefer to do it...
Perhaps the next most common retaliatory action is to increase the rent. The rent increase in a non-rent-controlled unit might be so large that the tenant would be forced to move out. The landlord might also reduce services or even report the tenant's immigration or citizenship status to fe...
If you’ve ever wondered how to increase rental value, we’ve got good news: It doesn’t have to be a huge undertaking. Upgrading a property is something that helps both the owner by increasing the rental value, as well as their tenants, by making their dwelling more comfortable or effic...
I want tenants, not problems. If a tenant has a background filled with criminal activity, I am very hesitant to rent to them. Again, people do change, but it is not a risk I’m willing to take. Should you allow a cosigner? This brings us to the question of allowing a cosigner: ...
Tenants Union whose writing has been published in The New Republic, The Nation, LA Times, and other outlets. Rosenthal is now on rent strike in New York City. Leonardo Vilchis has been organizing tenants in Boyle Heights for more than thirty years. Trained in liberation theology, he co-...
This is an essential part of getting your rental property for tenants. Clean the house from top to bottom, preferably with a steam cleaner that you can hire to make the floors, furnishings and the curtains look almost new. The bathroom and kitchen deserve your special attention and do not ...
The article reports on the impact of the approval of the Rent Guidelines Board of New York City of a guideline freezing rents on one-year leases for the first time on rent-stabilized tenants.NAVARROMIREYAPastorKateWhiteRebeccaNew York Times...
2.5X monthly rent. Please check with your local state/country. Personally, I try to ask for two months rent as a deposit. Something always gets damaged by renters for some reason. From chipped countertops to holes in walls, I'm not sure why tenants damage properties so much more than ...
house or apartment looks and appeals to renters. Paint the walls, change the old moquettes, add a few new appliances in the kitchen… In this way, you can easily justify the rent increase to your current tenants or rent out your property for more to new ones in case these decide to ...
Learn the eviction process in California. Step-by-step guide for landlords on how to legally evict tenants under California eviction laws. 7 min read updated on October 04, 2024 Key Takeaways: Landlords must follow legal grounds for eviction, such as unpaid rent or lease violations. Properly...