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Archive for the ‘Uncategorized’ Category

12
Nov

Years ago as I rode the Seattle to Portland Bicycle Classic I wore a t-shirt I’d had made with “The Northwest Landlord: The newsletter for landlords” printed front and back. A group of three or four young women came up behind me and one of them said something to the effect that I shouldn’t be […]

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01
Oct

Rental owners and managers, the top ones, know their properties and the areas those properties sit in. They are in the best position to know what their units should rent for. They know that by taking time to survey the rents of comparable properties. They know what the comparable properties rent for and how they […]

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02
Aug

A July 16, 2024, a White House “Fact Sheet” reported that the president “is taking action to make renting more affordable for millions of Americans.” Biden wants to require rental owners to “cap rent increases on existing units at 5% or risk losing current valuable federal tax breaks.” Also proposed are building more affordable housing […]

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01
Jul

Mike Charton has lived in his apartment for many years. When I asked my fellow author what kept him there, he listed five things. Those five things reflect reasons renters stay in their rental homes for a long time. He first listed the neighbors he has. Second, he can write, rather than working on a […]

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07
Jun

One bad tenant can destroy a rental business. That’s why we screen applicants carefully by examining credit reports, rental histories, employment information, and verifying that the information is accurate and belongs to the person applying to rent. Failure to do that is a disservice to other tenants and to our investment. But you know that […]

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01
May

Losing an eviction starts when you send a notice to your tenant demanding that he or she pay the past due rent or move, but you make a mistake and lose the eviction. One or more of four errors bite landlords and guarantee a lost eviction. Bad Form Bad or incorrect form tops the list. […]

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04
Mar

Who won’t be paying the rent next month? Half of US tenants can’t afford to pay their rent, CNN reported on January 24. Not surprising since the median rents have increased 30.5 percent since 2019, up $309, according to Zillow. Even though eviction filings have increased 50 percent from their pre-pandemic rates most tenants will […]

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08
Feb

Generative AI is making headlines as it changes the tech landscape, fueling new products and tools that streamline processes, enhancing creativity and helping with complex problem-solving. As with most new technology, however, it’s just a matter of time that a good and bad side of generative AI emerges. Generative AI is not new. But rapid […]

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