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  • Thursday, March 23, 2017 2:31 PM | Anonymous

    With laws changing every year, Landlords can’t afford to manage their rentals without support

    It seems like every month there is a new story about a rental property law changing, a landlord being sued by a tenant, or a landlord being issued a six figure fine. The relationship between a landlord and a tenant seems to be one of the most litigious business relationships that exists. Even if you only own and manage 1-2 units it can seem like a full-time job just keeping up on all the regulations. Being a property investor and being a landlord are two very different jobs and it’s not realistic to be an expert at both.

    READ MORE: 5 Reasons Why all Landlords and Property Managers Need to Join an Apartment or Landlord Association.pdf

  • Thursday, March 16, 2017 1:20 PM | Anonymous

    Fair Housing Standards, Criminal Records And Housing Providers
    The U.S. Department of Housing and Urban Development (HUD) came out with new guidelines in 2016 for landlords and property managers on leasing to potential tenants with criminal records.

    These new guidelines are confusing to many. This eBook will help landlords and property managers understand how to stay out of trouble when it comes to keeping their residents and properties safe.
    One of the nation’s top experts, David Pickron, will detail here what everyone who rents property needs to know. We will look at.

    •No-felony-ever lease clauses
    •How sex offenders are treated differently
    •How HUD makes law
    •How landlords and property managers can stay out of trouble

    Read More:  7-issues-and-answers-for-landlords-about-renting-to-felons.pdf

  • Thursday, March 16, 2017 1:16 PM | Anonymous

    My Top Landlord and Property Management Mistakes - By Larry Arth: American Rental Property Owners & Landlords Association

    Landlord and property management mistakes are something veteran real estate owner and investor Larry Arth has lived first-hand. He has been a landlord at different times in his real estate career, and offers his thoughts here on landlords, investors, property management and what he has learned from his mistakes.

    As any investor knows, if you have not made any investment mistakes you probably have not made any investments. Learning from these mistakes so you can master your investment business is the key to your success. You can learn from other people’s mistakes, so I would like to share mistakes that I have either personally made or have watched investor-clients make.

    No. 1 – Being too quick to fill a vacancy

    I often see new investors fall prey to this one. I, too, many years ago made these bad judgment calls (never again). It is easy to drop your standards when a unit is about to become vacant. Emotions take over and a prospect comes to you waving cash at you.

    Sure, they do not represent the perfect tenants and their income is lower than I require but they are nice people and they have the cash for the deposit and first month’s rent. Besides, I will start negative cash flow next week if I do not rent to them. Three months later, I struggle to collect rent and month after month is a fight to get paid. I tell myself, “I wish I held out for better tenants.” Like so many others, I have learned it is far better to have a few weeks of vacancy while finding the best tenant than to hurry and rent to a bad apple.

    No. 2 – Treating tenants as an income source instead of valued customers

    Having an investment property business is no different than any other business. We need to work hard to obtain customers and treat them well so they will return.

    I was a landlord at the age of 18 and to me then, tenants were my income source. I since learned this valuable lesson that indeed they are an integral part of the business and need to be treated as valued customers. I do continue to see investors treat tenants as an income source instead of a valued customer. Tenants need to be nurtured so they feel like valued customers and are willing to return at time of lease renewal.

    Read More: My Top Landlord and Property Management Mistakes.pdf

  • Thursday, March 16, 2017 1:13 PM | Anonymous
    6 Keys to Writing A Lease the Right Way - Submitted by John Triplett of Rental Housing Journal 02/28/2017 - 10:20am


    A recent webinar offered advice on creating, using and enforcing tenant leases for property managers. Do you know the 7 basics of a lease? Or The 6 qualities of a great lease?  How sloppy payers can be a revenue source? Here are some trends in leases these days along with tips, advice and links to more information to help you get the right language, which you want, in your leases.

    The webinar was by Buildium.com and run by Darcy Jacobsen, Director of Content, and Sam Driver, Product Director, and an experienced property manager at the company. During the webinar, they polled the group of property managers on a number of questions, and the first one was:

    How many different leases do you use in your business?

    “The most common is one lease, especially when the units are often similar. And, especially with smaller operators, one lease works.” Driver said. “However we are finding it is not uncommon to shift to a two- or three-lease template model, especially if there are significant differences in the properties. If you are an owner-operator, you tend to have one. If you are managing for different owners, who have different kinds of units, then you tend to see more” types of different leases, he said.

    The poll showed that:

    • 62% use a one-lease template
    • 30% use multiple lease templates
    • 5% use a custom lease by the owner
    • 2% custom lease by the tenant

    Do you know the difference between a lease and rental agreement?

    • A rental agreement is for short term tenants (often 30 days). It is usually automatically renewed at the end of the period unless either the renter or landlord ends it with written notice. These are month-to-month rentals, and the landlord can change the terms with notice.
    • A lease is a contract that grants a renter the right to occupy a rental unit for a specific period of time (often 6 months, or a year) as long as the tenant complies with the terms. The landlord cannot raise the rent or change those terms unless the tenant agrees.

    Will you deal with short-term rentals?

    “One of the things that has been hot in the industry lately is really how to handle a very short-term tenant,” Driver said.  “This is the sort of Airbnb problem that has been out there for a long time or the vacation rental. That is something worth thinking about when you are drafting an exemption, exclusion or a whole new lease that describes the behavior for any short-term leasee.” He also said, “These laws are changing quickly and it is well worth your time keeping abreast of the changes.”

    What about the issue of multiple tenants who may or may not be related?

    “Another one is this number of tenants’ problem that is worth addressing directly. When you see the opportunity, especially in a student housing situation, to be able to charge for multiple tenants there are some things to consider,” Driver said.

    “What we have found the courts will support is the number of bedrooms x two persons, plus one extra person as adults that meet that test. And so it is not unreasonable for your lease to actually contain language that describes that so you know that is very defensible.”

    Read More at: 6 Keys to Writing A Lease the Right Way.pdf

  • Monday, March 13, 2017 12:25 PM | Anonymous

    Under pressure to respond to the rising cost of housing, the state's landlord lobby is circulating a proposal to create a $25 million annual Oregon renter assistance program. Like Section 8-style vouchers, the program would pay a portion of the rent for low-income tenants, funded by auctioning tax credits to businesses. It could help 20,000 renters a year if on average the fund awards $100 a month to each renter, says John DiLorenzo, a lobbyist for landlord group Equitable Housing PAC. Oregon House Speaker Tina Kotek, who is championing legislation to allow rent control and end no-cause evictions, is skeptical. "A new, complicated, taxpayer-funded giveaway to landlords would simply allow them to keep raising rents," she says. "This proposal is a deliberate attempt to mislead the public and make it appear as if certain property owners are trying to do something about the crisis." DiLorenzo says his group is looking for solutions that will help "households in need," and that Kotek's plan won't work.

    Read More: http://www.wweek.com/search/Landlords+Propose+Renter+Aid+Program/?q=Landlords%2BPropose%2BRenter%2BAid%2BProgram

  • Monday, March 13, 2017 12:23 PM | Anonymous

    Tina Kotek is trying to give Portland room to enact renter protections. But right now, she doesn't have the votes.

    Read More: http://www.wweek.com/news/state/2017/02/08/portlands-dream-of-rent-control-faces-a-wake-up-call-in-salem/

  • Monday, March 13, 2017 12:20 PM | Anonymous

    The State Senator Who Could Block Rent Control Owns an East Portland Apartment Complex

    Rod Monroe is one of at least eight landlords in the Senate. Meet them and their rental properties. 


    Read More: /.wweek.com/news/state/2017/02/14/the-state-senator-who-could-block-rent-control-owns-an-east-portland-apartment-complex/

  • Thursday, March 09, 2017 11:41 AM | Anonymous

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  • Wednesday, March 01, 2017 12:10 PM | Anonymous

    Fair Housing Enforcement—Occupancy Standards; Statement of Policy- Notice
    Republication 12/1998

    https://www.hud.gov/offices/fheo/library/occupancystds.pdf

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