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Wed
18
Oct
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Utah Faith Leaders Urge Action On 3 Affordable Rental Housing Issues

Utah faith leaders urge action on affordable rental housing

Utah faith leaders delivered a letter urging the mayor and Salt Lake City Council to take action on the issue of affordable rental housing before a downtown homeless shelter closes in 2019, according to reports.

 "Market forces have driven rental prices beyond what many families in the rental market can afford," the letter states. "This leaves too many families on the edge of crisis."

About three dozen members of the Coalition of Religious Communities hand-delivered the letter to Mayor Jackie Biskupski, praising the mayor for her proposal to spend nearly $22 million next year on affordable housing projects in the city, according to the Deseret News.

Wed
18
Oct
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HUD Charges Landlord With Discrimination Over Veteran's Emotional Support Dog

HUD charges landlord with discrimination over veteran's emotional support dog

An Army veteran, who served tours of duty in Iraq and Afghanistan, was told he could not keep his emotional support dog in an apartment complex and the U.S. Department of Housing and Urban Development has charged the owner and manager of the complex with discrimination, according to a release.

"Assistance animals play a vital role in helping our veterans cope with service-related disabilities," Anna Maria Farías, HUD Assistant Secretary for Fair Housing and Equal Opportunity, said in the release.

 "Housing providers have an obligation to permit these animals, and HUD ensures that they meet this obligation," she said.

Tue
17
Oct
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7 Keys To Renovation Of Apartment Buildings

7 keys to renovating apartment buildings

Investing in multifamily real estate can be very rewarding, but what happens if you see a building you think needs too much renovation. Will it ever work? Veteran investor and syndicator Vinney Chopra tells the story of one of his deals in a renovation of apartment buildings.

By Vinney Chopra

When I first looked at a multifamily property in Lake Jackson south of Houston, it showed lots of promise as it sat on nine acres of premium land between two exits on a great freeway.

As I looked further into it during due diligence however, I discovered it needed considerable repair and would need lots of tender loving care. I passed on this property initially and bought a more stable complex of 128 units down the road.

Tue
17
Oct
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Is The Water Heater At Your Rental Property Ready For The Big One?

Is the water heater in your rental property secured in the event of an earthquake?

The maintenance check up this week, provided by Keepe, asks whether your water heaters in your rental housing are properly and legally secured in the event of an earthquake.

Everyone has heard of the “big one,” the ultimate earthquake whose impending strike will decimate cities and regress civilizations but few think of the water heater in their rental property when this subject comes up..

There is a local version of this legend in almost every state from Washington, Oregon, Utah and California to Oklahoma and Tennessee. Some reside on major fault lines.

Tue
17
Oct
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Millennials And Gen Z Prefer To Communicate With Others Digitally Rather Than In Person

Research shows that millennials and Gen Z, the group following the millennials, would rather communicate with each other and companies and brands digitally rather than in person.

For these two generations, the smartphone has truly become an extension of their hands, according to a new survey.

With a constant digital connection at their fingertips, younger consumers expect a high threshold of digital convenience when seeking help from a company or a brand, the survey by LivePerson says.

When asked to rank how they typically try to get a question answered from a company or a brand, going to the app or website was the No. 1 choice, on average, across the globe.

Tue
17
Oct
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Why Completing All Compliance Training Is Critical To Your Protection

Compliance training is critical to your protection as an owner, landlord and property manger

The Grace Hill training tip this week focuses on the second in the series on compliance training. Compliance training is important for landlords and property managers to keep up with ever-changing rental housing laws at federal, state and local levels.

By Ellen Clark

Once I had a nagging running injury and was prescribed physical therapy.

In addition to sessions two times a week, the physical therapist gave me stretches to do daily, on my own.  Weeks went by and the injury still nagged.

Frustrated, I told the physical therapist, “This isn’t working.”

 Stretches don’t work if you are not actually doing them

She asked if I was doing the stretches every day.

Fri
13
Oct
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Why Your Apartment Reviews And Digital Curb Appeal Matter

apartment reviews

Digital curb appeal matters more than ever now as 62 percent of potential residents use ratings and apartment reviews at the beginning of a search for a rental property, according to J Turner Research.

And online reviews are becoming more important than personal recommendations on properties. Surprisingly social media is not a significant factor in the apartment search process.

Joseph Batdorf, co-founder of J Turner Research, in a recent webinar revealed new information about the online apartment reviews industry and how it works, such as the percentage of potential residents using ratings and apartment reviews. He also discussed the large number of apartment review sites and the differences between them.

“If you want to outpace the competition, you need more than two reviews per month about your property,” Batdorf said.

Tue
10
Oct
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Cities With Fastest Wage Growth In U.S.

Cities With Fastest Wage Growth In U.S.

The Provo-Orem, Utah area ranks number three among metro areas in the West and  Midwest that are experiencing the most rapid wage growth, while metro areas in the southern and eastern regions are growing more slowly or declining, a new study shows.

To determine where wages are rising and where they are falling, personal finance site GOBankingRates analyzed income changes year-to-year from 2010 through 2015 for America's 200 largest metro areas. Changes in income were calculated based on real income per capita in 2009 dollars.

The Bridgeport-Stamford-Norwalk, Conn. metro area experienced the largest decline of any metro area on the list, with a decrease in income of more than five percent between 2010 and 2015.

Tue
10
Oct
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Maintenance Check Up: Is Your Rental Housing A Target For Bird Nests?

Maintenance Check Up: Is Your Rental Housing A Target For Bird Nests?

The maintenance check up this week, provided by Keepe,  asks whether your rental housing may be a target for unwanted bird nests.

You wake up on a Saturday, make yourself some coffee and a bagel, open up the newspaper and start reading. Suddenly, you hear the dreaded beeping of your phone.

It is the tenant at your rental property complaining about bird poop all around the front porch and backyard.

A bird family has set up nest inside the vent. Your tenants can’t use the microwave oven or the vent fan for fear of hurting the little hatchlings. You decide to call bird control to remove the nest.

But one thing weighs on your mind - you really don’t want to hurt the birds or their babies. Maybe they will just fly away in a few weeks?

Tue
10
Oct
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Is Your Property Management Compliance Training Working?

http://gracehill.com/

The Grace Hill training tip this week focuses on compliance training and the importance for landlords and property managers of keeping up with ever-changing rental housing laws at federal, state and local levels.

By Ellen Clark

The holy grail of compliance training questions: Is the training working?

Being able to answer the question, “Is my compliance training program working?” requires thoughtful planning, but it doesn’t have to be complicated.

Breaking it down can help, so over the next few weeks we’ll provide a series of tips for structuring a good compliance training evaluation plan.

Measure the effectiveness of your compliance training program using these five simple steps

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