Archive by Author
Posted on 07. Dec, 2012 by Nora Betz.
We hosted a fantastic webinar this year featuring Robert Locke on the topic of increasing your revenue in order to run a more successful and profitable property management business. In the webinar we learned that the single most important event that starts your revenue stream pumping out money is the “move-in.”
Posted on 13. Oct, 2011 by Nora Betz.
With Ted Turner a close runner up, John Malone is now the largest land owner in the United States.
Posted on 18. Aug, 2011 by Nora Betz.
Apartment rents are on the rise and vacancy rates are down in San Francisco, CA. These young renters prioritize the location of their apartment above other amenities and are willing to compete for the space and pay top dollar for it.
Posted on 03. Aug, 2011 by Nora Betz.
Joe Biden rents his cottage to the U.S. Secret Service, which is paid to protect him while at his waterfront home in the Wilmington area in Delaware. The cottage came available when the previous tenant moved out and the Secret Service is now paying the same amount of rent.
Posted on 14. Jul, 2011 by Nora Betz.
We have all seen the price of homes drop and the cost to rents rise. So what is the better deal: buy or rent? Eli Beracha of East Carolina University and Ken Johnson of Florida International University reviewed the economics of 23 cities and came up with the top 10 results.
Posted on 08. Jul, 2011 by Nora Betz.
Hogweed is a plant that when in contact with people, can cause dangerous burns, blisters and scars. The plant originated in Asia and was brought to the United States and is now spreading quickly. New York State has set up a hotline for people to call so that officials can destroy the invasive species. It is advised that property managers alert their residents of the dangers of Hogweed if you suspect that they may be at risk.
Posted on 06. Jul, 2011 by Nora Betz.
Jonathan Steinberg, 58, was arrested and charged with aggravated battery after he became so upset with his tenant’s late rent payments that he set his boxer shorts on fire while he was wearing them.
Posted on 30. Jun, 2011 by Nora Betz.
James “Whitey” Bulger was finally caught by law enforcement after spending the last 16 years on America’s Most Wanted list. He had been renting an apartment in Southern California for 15 years where fellow residents said that they had no idea that they were living in the same building as the notorious mobster.
Posted on 28. Jun, 2011 by Nora Betz.
Rentals could be the next boom in the real estate market. With the job market struggling to stabilize, many people find qualifying for mortgages difficult. In this climate, more people are choosing to rent and great properties in good locations will continue to hold their value. Chief economist of Zillow, Stan Humphries, says that “the stage is being set for very strong rent increases.”
Posted on 14. Jun, 2011 by Nora Betz.
This May, Sarah Palin invested in a company that paid $1.7 million for a 5 bedroom house in Scottsdale, Arizona. Questions were raised about the legality of the sale after a fraud examiner determined that at least two of the signatures were forged on the re-financing and foreclosure transaction papers in the years prior to Palin’s company involvement.
Posted on 08. Jun, 2011 by Nora Betz.
In the multifamily property management industry, student housing has historically not been given the same respect as other apartment communities. However, the “Animal House” image of student housing is starting to fade as college enrollments rise and property managers are raising rents.
Posted on 01. Jun, 2011 by Nora Betz.
Tanya had been living in her home in Berkeley, CA for 27 years and after her house went into foreclosure, she was evicted by the Alameda County sheriff’s department. She broke back into the house and was found squatting in the home she previously owned.
Posted on 11. May, 2011 by Nora Betz.
A tenant at the apartment building located at 360 Woodland Street in Hartford, Connecticut became physical with his landlord after not paying his rent since January.
Posted on 05. May, 2011 by Nora Betz.
On Monday, the McDaniel family was found dead in their rental home in Toledo, Ohio after being poisoned by carbon monoxide fumes during the night as they ran a space heater powered by a portable generator in the kitchen.
Posted on 24. Mar, 2011 by Nora Betz.
The Federal Trade Commission will be giving checks to almost 1,500 people who were taken advantage of by Bryan D’Antonio’s scam called Tax Relief ASAP. These checks total only 24% of the victims total losses and offer little relief to the people who lost their homes by foreclosure because they fell for the phony foreclosure rescue scheme.
Posted on 25. Feb, 2011 by Nora Betz.
Luxury rental properties may be on the rise. “As more luxury sales are put on hold, they are being turned at a tremendous rate into luxury rentals.” It was reported that Tom Cruise and Katie Holmes were interested in renting at the Trump Park Avenue properties in New York for the price of $200,000/month in rent.
Posted on 17. Feb, 2011 by Nora Betz.
The coach of the New Orleans Saints, Sean Payton, is moving his family from New Orleans to the affluent suburb of Vaquero, west of Dallas, Texas. According to the Times-Picayune, Payton is leasing the home of former Texas Ranger Mark Teixeira. This home is 8,554 square feet and has been on the market since 2008, listed for $4,550,000.
Posted on 28. Jan, 2011 by Nora Betz.
Two men illegally entered a 5 bedroom, 4 bathroom home that was vacant and for sale in Huntington Beach. Hoan Huu Nguyen, 37 and Jose Alfredo Olivares, 37 took down the “for sale” sign and claimed that they were renters.