Traditionally landlords have favoured the DIY approach to property management in a bid to save both time and money, but latest industry figures indicate that more and more landlords are switching to a full managed service. Now Belvoir Sheffield the leading letting agent in Sheffield investigates the reason for this sudden shift.
Aug 31
Question: My elderly aunt has rented the same apartment for more than 15 years. Recently she received a warning notice from the manager requiring her to remove her accumulated belongings from the unit because they “constitute a safety hazard.” When I called the resident manager about the warning notice, she said my aunt was a hoarder. I know that my aunt has difficulty discarding possessions, even old newspapers. I don’t think she can control this behavior, and I am worried that she may have some kind of mental illness. Is there anything that can be done to protect her housing?
via latimes.com.
Aug 30
The trial court ruled that two lease agreements held by Coin Appliances, Inc. were enforceable against the Warners and Whites, and that the Warners and Whites breached the lease agreements. But rather than order specific performance, as requested by Coin, the trial court ordered payment of damages pursuant to a stipulated damages clause in the lease agreements
via No. 09-2164
Aug 08
Squatters! Someone took our lock box off the door and is now living in our home, what to do now?
via Zillow News.
Jul 24
Some of the most important steps a landlord can take to maintain asset values in today’s market are focusing on tenant retention, improving the curb appeal of their properties and launching programs aimed at building leasing momentum.
via GlobeSt.com
May 24
Soto owns nine houses in some of northern Hillsborough’ nicest neighborhoods. For close to a decade, he's been renting most of them out by the room and by the week — a practice that county officials say is entirely legal.
via St. Petersburg Times.
May 11
Tenant Tinesha Wilson sued Ehresman in 2008 for paying back a series of security deposits one day late. If Ehresman loses the suit, he said he faces paying at least $100,000, of which he said $30,000 would go to the plaintiff's attorney, Mark Silverman. Three calls to Silverman Tuesday were not returned by deadline.
While Ehresman admits he was late as outlined by the city ordinance, he said the penalty is too severe. Ehresman paid on the 46th day and his miscalculation may force him to sell some buildings if he loses the suit.
Apr 07
If a property owner has a growing number of properties, it’s inevitable that a day will come when they ask, “Should I outsource the day-to-day operations of my business to a property management company?”
