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Tue
20
Feb
The Editors's picture

Two Portland Landlords Resign From Rental Services Commission

Two Portland Landlords Resign From Rental Services Commission

Two Portland landlords have resigned from the Rental Services Commission in protest after Mayor Ted Wheeler flip-flopped on his position about small landlords and Portland’s relocation ordinance, according to reports.

Wheeler now wants to remove the current exemption for small landlords who own only one property. The relocation ordinance requires landlords to pay moving expenses if they evict a tenant for no-cause or increase rent more than 10 percent.

Tue
20
Feb
The Editors's picture

If HUD Calls Do You Have Documentation To Defend Yourself?

If HUD Calls Do You Have Documentation To Defend Yourself?

The Grace Hill training tip of the week focuses on the issue of documentation to help property management professionals defend themselves in the event of a Fair Housing Act discrimination charge.

 By Ellen Clark

Earlier this year, the U.S. Department of Housing and Urban Development (HUD) awarded $37 million to more than 150 national and local organizations working to confront Fair Housing Act violations.

The enforcement will come through testing, filing fair housing complaints, and investigations by these organizations.

 In order to successfully defend your decisions, policies, and practices, as well as demonstrate that all persons were treated the same, your documentation must be complete and contain relevant facts. This seems like a good time to talk about documentation.

Tue
20
Feb
John Triplett's picture

Millennials' Expectations Driving Maintenance Changes

Millennials Expectations Driving Maintenance Changes

A study by a new company found millennials’ service expectations in apartments and rental homes are driving changes in both property maintenance and maintenance staff and the tools used to perform their jobs.

By John Triplett

Rental Housing Journal

High turnover in the maintenance ranks is a problem in multifamily housing, especially among millennial maintenance personnel. They like easy-to-use technology applications on their smart phones and not old paper-based maintenance processes. That is why the company, Facilgo, did the study to research these questions.

Tue
20
Feb
The Editors's picture

Mold Preventative Maintenance For Kitchens, Basements And Bathrooms

Mold Preventative Maintenance For Kitchens, Basements And Bathrooms

Mold preventative maintenance for your rental property is the maintenance checkup this week, provided by Keepe. Knowledge about what causes mold growth and mold preventative maintenance is key to guaranteeing a safe, healthy living environment for tenants.

Property managers need to know not only causes of mold growth, but how to prevent it in certain parts of the property.

 

What makes a room mold-friendly?

Mold only grows and thrives in spaces that present its ideal living conditions, especially basements, bathrooms and kitchens.

To prevent mold from forming and continue growing, it’s fundamental to address the elements causing a certain environment to become mold-friendly.

Mon
19
Feb
The Editors's picture

Multifamily Construction Starts Down In Many Top Metro Areas In 2017

Multifamily Construction Starts Down In Many Top Metro Areas In 2017

The 7% drop for commercial and multifamily construction starts at the U.S. level in 2017 reflected mostly a multifamily pullback, according to Dodge Data and Analytics.

Multifamily construction starts at the U.S. level in 2017 dropped 12% to $84.9 billion, which followed a 10% increase in 2016 ($96.1 billion).  Commercial building construction starts in 2017 slipped 3% to $109.8 billion, staying close to the 2016 level ($113.1 billion) achieved with a 22% hike that year, according to a release.

Mon
19
Feb
The Editors's picture

More Homeowners Will Be Matched With Long-Term Renters

More Homeowners Will Be Matched With Long-Term Renters

New research says demographic shifts and the sharing economy will lead to more homeowners with spare bedrooms being matched with long-term renters.

 “Home sharing will gradually take a sizeable dent out of housing demand,” write Mikaela Sharp and John Burns, of John Burns Real Estate Consulting. They say 44 million empty bedrooms await.

“Just like Uber matches car owners with passengers and Airbnb matches homeowners with short-term renters, new technology companies match homeowners with long-term renters. These sharing economy technologies will keep household formation and new home construction lower than most have projected,” they write.

Mon
12
Feb
The Editors's picture

Property Management Cyberattack Risks Overlooked, Underestimated

Property Management Cyberattack Risks Overlooked, Underestimated

The Grace Hill training tip of the week focuses on the issue of property management cyberattack which is often overlooked and underestimated.

By Ellen Clark

Due to lack of federal oversight and regulation, property management companies’ cybersecurity programs may be relatively less developed and less sophisticated than in other industries.

This could make them a more attractive target for cybercriminals looking for an easy way to steal personal data.

We hear a lot in the news about data being exposed or stolen by cyberattacks in healthcare, banking and retail industries. But we tend to hear less about such attacks in the property management industry, even though they have happened before and will likely happen again.

 As a result, the risk of cyberattacks in the property management industry may be overlooked and underestimated.

Mon
12
Feb
The Editors's picture

6 Types Of Fencing For Your Rental Property

6 Types Of Fencing For Your Rental Property

Fencing for your rental property is the maintenance checkup this week, provided by Keepe, who reports getting a record number of repair requests from property managers and tenants about weather-damaged and broken fences this winter.

When it comes to installing a fence on your rental property the kind of fencing you choose can make a serious difference on your finances, maintenance  and most of all, the safety of your tenants and your property.

Broken fencing can be an inconvenient and time-consuming expense. Being prepared against costly last-minute repairs is possible, and it begins with knowing how to best protect your investment.

6 types of fencing for your rental property

Different kinds of fencing materials have different maintenance needs, which are fundamental to explore for the purpose of selecting which fencing option really is best  for both your needs and expectations.

Fri
09
Feb
The Editors's picture

Rent Control Does More Harm Than Good New Study Says

Rent Control Does More Harm Than Good New Study Says

A new study by Stanford University professors of rent control in San Francisco concludes that it does more harm than good and can cause housing shortages that reduce the number of low-income people who can live in a city.

Economists Rebecca Diamond, Timothy McQuade and Franklin Qian did the study, “The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco.”

“Steadily rising housing rents in many of the U.S.’s large, productive cities has brought the issue of affordable housing to the forefront of the policy debate and reignited the discussion over expanding or enacting rent control provisions,” the report states.

 

Fri
09
Feb
The Editors's picture

Apartment Amenity Company Partners With Denver Property Manager

Apartment Amenity Company Partners With Denver Property Manager

A boutique apartment operator in Denver and Colorado Springs, Urban Phenix, has partnered with a lifestyle apartment amenity company, Amenify, to offer different types of on-site lifestyle experiences to residents, according to a release.

​​​​​​​​​​Urban Phenix, a boutique apartment operator in Denver and Colorado Springs, is partnering with Amenify to offer daily dog walks, apartment cleanings, massages, and personal training sessions. Urban Phenix is also building local partnerships with nearby gyms and yoga studios.

“We are thrilled with our properties’ participation rates. It’s wonderful to see that over 70% of our residents are enjoying their upgraded lifestyle with these amenity services” Nick Lazzarra, President of Urban Phenix, said in the release.

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