Experts Share What Rental Property Owners Need to Keep in Mind if they're Planning to Sell
BY BRAD BECKETT ON NOVEMBER 4, 2020
The Business Insider says some apartment owners have been able to collect rents as usual, despite the pandemic, shaky economy, and rising unemployment. Other owners have been working with tenants who can't pay their rent. Click here to read more.
Read moreZumper's National Rent Report for November 2020
BY BRAD BECKETT ON NOVEMBER 2, 2020
Rental information site Zumper recently released their National Rent Report for November, 2020 showing that their median national rent for 1-bedroom apartment was $1,225 (down 0.5%) and the median two-bedroom rent was $1,483 (down 0.4%). Click here to read more.
Read moreTop 15 Hottest Cities for Millennial Renters
BY BRAD BECKETT ON OCTOBER 19, 2020
We love posting about millennials, if for no other reason than just like every other generation they, too need a place to live. In fact, they have now taken over from the Baby Boomers as the largest generation to date and make up a majority of our nation's workforce. Click here to read more.
Read moreCDC Issues FAQ Guidance for its Eviction Moratorium
BY BRAD BECKETT ON OCTOBER 13, 2020
The CDC recently issued a set of FAQs (frequently asked questions) offering "non-binding" guidance with respect to their recent Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19 moratorium. This order temporarily halted residential evictions of covered persons for nonpayment of rent September 4th through December 31st, 2020. Click here to read more.
Read moreMake Yourself Your Tenants' Top Priority
BY BRAD BECKETT ON OCTOBER 6, 2020
Many of our renters are facing a hard choice in today's tumultuous and unpredictable climate. With layoffs, furloughs, and job uncertainty, there is often not enough money and too many bills or financial responsibilities. They are faced with the choice of paying the car payment or paying the rent. With a new eviction moratorium in place, the choice got easier for many tenants as they see it as a protection for their housing and choose to pay other bills first. Click here to read more.
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Apartment Conversions at All-Time High
BY BRAD BECKETT ON SEPTEMBER 30, 2020
A recent report from RENTCafé says that thanks to an all-time high in conversions, yesterday's factories are today's Apartments. The report says that of the nearly 2k buildings converted over the last 70 years, 800 were done in the last decade alone. Click here to read more.
Read moreBlack Knight Says Seriously Past-Due Loans Rise
BY BRAD BECKETT ON SEPTEMBER 29, 2020
According to Black Knight's "first look" report for August, 2020, an improvement in early-stage delinquencies was offset by a 5% increase in serious delinquencies (those 90+ days past due) which have now risen in each of the past five months. Click here to read more.
Read moreCan't Evict? Why Sending a Non-Paying Tenant to Collections Might Save Your Investment
BY BRAD BECKETT ON SEPTEMBER 28, 2020
Are you a landlord trying to come to terms with all the eviction moratoriums that are gripping the industry? On a recent episode of the Rent Perfect Podcast, David Pickron discusses how during a time of no evictions, collections could be your ultimate solution. Click here to read more.
Read moreSelf-Storage Industry Sees Strong Demand
BY BRAD BECKETT ON SEPTEMBER 23, 2020
We've had several posts about the self-storage industry over the past few years. Now comes a recent report form RentCafé (analyzing the 100 largest markets) that says although inventory is high and rates are lower, demand is keeping the industry strong. Click here to read more.
Read moreMajority of Young Adults Now Live With Parents
BY BRAD BECKETT ON SEPTEMBER 18, 2020
Infographic: We started seeing this trend a few years ago, well before the Coronavirus pandemic. Citing recent data from Pew Research, today's graphic shows that 52% of Americans aged between 18 and 29 now live with a parent - which they say is the highest share recorded since the Great Depression-era! Click here to read more.
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