Property Manager

Legally Speaking…

2019-03-01T16:22:53+00:00March 5th, 2019|AZREIA, Did You Know..., Investing, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Small Business, Strategy|

Question: 60 days before my tenants’ lease expires, I always send a renewal letter telling them what their options are: they can sign a new lease, they can stay on a month-to-month lease at a higher rental rate, or they can terminate their lease. Recently, I sent out one of these letters but then started [...]

Rental Verification – When COURTESY Creates LIABILITY

2019-03-05T23:43:58+00:00February 12th, 2019|AZREIA, Did You Know..., Landlord, Legal Procedures, Property Manager, Rentals, Small Business, Strategy|

What information can you ask for, and what information should the old landlord provide? In the rental industry, it has become common practice that when landlords qualify potential applicants, they send out rental verification forms to previous landlords. This is a good way to get some insight into how the applicant will be as a [...]

THE APPLICATION STANDARD IS YOUR FRIEND

2019-03-05T23:44:00+00:00December 20th, 2018|AZREIA, Creative, Did You Know..., Investing, Landlord, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Rentals, Strategy|

Over the years, we at WZP Legal, have presented at AZREIA and written numerous articles for this newsletter, about the importance of fair housing laws. Whenever we give a presentation, AZREIA members come to us with a “quick question” and ask us what is the best thing they can do, to avoid violating fair housing [...]

Legally Speaking…

2018-11-05T19:45:42+00:00November 27th, 2018|AZREIA, Did You Know..., Investing, Landlord, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Rentals, Strategy|

Question:  My lease automatically goes month-to-month when it expires, unless the tenant or I give notice.  If I want to increase the rent, what do I have to do? Answer: An increase in the rent, is basically you terminating the old lease, and starting a new one, using all the old terms except for increasing [...]

More Americans Say Renting Is Cheaper Than Owning

2018-11-01T18:07:56+00:00November 13th, 2018|AZREIA, Creative, Did You Know..., Investing, Landlord, Property Manager, Rentals, Strategy|

More than three-quarters of Americans now view renting as more affordable than owning a home, the latest sign that rising mortgage rates and higher home prices will continue to pressure home sales. Some 78% of people now say that renting is more affordable than owning, according to survey data to be released Tuesday by mortgage [...]