Tenant’s Worst Nightmare : Property Foreclosure
In a difficult economy, tenants can a face their worst nightmare: moving into a apartment only to learn that the property has been foreclosed and they must get out. After moving costs, tenants are facing with moving their stuff again. Any legal action is destined to cost money. Also while living in the foreclosed property they might be subject to losing […]
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 […]
Criminal Tenants to face eviction in New Jersey
Problem tenants who commit crimes may have a tough time holding onto their apartments if a new inititive is passed Millville, New Jersey. The City Commission is exploring a new program which will allow landlords to work with the police and speed up evictions for crimes that occurr on their property. Under the program, police […]
Proposed renter background checks wouldn’t include BYU students
Renter background checks is a smart move for any landlord or property manager. KSL.COM just published an article showing that Provo City is considering background checks for all citizens except for BYU students. Apparently the assumption is that college students are less likely to commit crimes because they follow the college’s code of conduct. As […]
Renting out your home
Chicago Sun times discusses the pros and cons of renting out your old home while you wait for it to sell. In this tough selling environment, renting your home can be a good source of income to cover the mortage. However, becoming a landlord can be a time consuming task if you haven’t done it […]
Tips for New Landlords
Everything about landlord has a great tip list for prospective landlords. As with any new business decision, it’s important to conduct your own feasibility study and prepare a business plan. The emphasis here is on research and analysis. While you may be passionate about becoming a new landlord, it’s important to conduct your research and then examine the facts with discerning mind, […]
Tenants: Read your lease before you sign
A new article in Fox 16 Arkansas provides some tips for renters in dealing with disputs with landlords in the state of Arkansas. Many states have laws that offer extra protection for the tenant when it comes to relationships with landlords. But in Arkansas, renters have to look out for themselves. So what rights do […]
Dealing with tenants who damage and destroy property
The Albert Lea Tribune has a three part series about landlord and tenant rights, especially with regard to problem tenants. Albert Lea landlords and property owners are having a problem with tenants or leave trash or destory property when they leave or are evicted. Local landlord Lanier Pratt, who with his business partner owns about […]
Tips for Reluctant Landlords: Check the background of all Applicants
Reluctant to sell your home or residential real estate property? Consider becoming a landlord and renting it out. First time landlords need alot of help. One of the best ways to prevent future problems with tenants is to conduct a background check on all prospective tenants or applicants. Landlords should run a credit check to […]
SOMA landlords charged with terrorizing tenants
Stunning allegations emerge in lawsuit filed against landlords who allegedly waged a campaign of terror against tenant in order to force them to leave. Landlords bought the building and tried to get the former tenant to leave after they succesfully fought the evictions. When one of the tenants, Scott Morrow, successfully fought eviction, the couple […]