Aug 01
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.
In summary, the lawsuit says the new ordinance is too vague to be enforced.
Here are some of the most interesting points -
- Landlords must sign a Crime Free Lease Addendum. In that agreement, residents, guests or “other persons affiliated with the resident” may not engage in any criminal activity, including simple misdemeanors, on the rental property. None of those parties may engage in specified crimes within 1,000 feet of the residence.
via | KCRG-TV9
Aug 01
Bobby Jardine, the owner of the apartment complexes at 260 and 280 N. Commerce Avenue, said Friday he plans to allow the city to bring drug-sniffing dogs through the halls of his buildings.
Jardine said his seeming reluctance to warm up to the idea stemmed from a combination of wanting to talk to his attorney and to keep his doors from getting “busted down” by police.“I don’t condone criminal activity at anytime,” he said. “We are all working together, and we are more so than seems to be conveyed.”
via Waynesboro News Virginian.
Jul 30
More Americans are searching for apartments in 2010 than they have in previous years. Despite ongoing challenges facing the rental industry, Apartments.com and its sister website ApartmentHomeLiving.com marked the first half of the year with record growth.
via RISMedia.
Jul 29
Wear a flak jacket. Dealing with leases, tenants and repairs is not for wimps. Build up the muscle for hard-nosed negotiations and legal battles before you start. Brace yourself to see the worst side of human nature: raw greed, deception, blinding rage. Everything may go smoothly. Or not. Be prepared.
viaForbes.com.
Jul 22
First time landlords are becoming quite common in the apartment rental business. The economic downturn and challenging real estate market have forced many condo owners that are unable to sell their units to reluctantly lease them until the market improves. So what should a novice landlord know before entering the rental business? The following are a few steps to help you rent your condo and generate rental income.
via Apartment People.
Jul 21
In an online world where people can post derogatory, vindictive and misleading comments, then duck behind aliases, one Vance County man is challenging whether Web forum moderators can be forced to reveal identities of those posters.
via CharlotteObserver.com.
Jul 21
Here are some tips to making sure that you as the landlord (not as the friend) is protected if this friendship goes south and your “friend” becomes the bane of your existence!
via Investment Property Blog.
Jul 18
My clients are generally sensitive to conflicts of interest. Recently one of them had this dilemma:
He wanted to rent his condo for one year, for a tax advantage, and then sell it. Should he rent my condo to someone he supervises at work?
via Boston.com.
