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Mon
02
Apr
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Apartment Renters Prefer Smart Home Amenities Over Pools

Apartment Renters Prefer Smart Home Amenities Over Pools

Apartment renters prefer smart home amenities and a door-bell camera may be more likely to get a tenant to sign a lease than a swimming pool, according to a new study.

“Residents want to live in a high-tech apartment community, which not only means having high-speed internet and smart home products in their units, but also ditching the pesky rent check and digitizing the process of making maintenance requests,” according to a new study from Utah’s  property management software company Entrara.com.

The new survey reveals the vast majority of residents are willing to increase their monthly rent payment to have more technology in their apartments, including smart home amenities and high-speed internet, according to a release.

Tue
27
Mar
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Seattle City Council Halts Online Rent Bidding Apps

Seattle City Council Halts Online Rent Bidding Apps

The Seattle City Council in an 8-0 vote has put a moratorium on the use of rent bidding apps for rental housing in Seattle until the council can study the impact of the technology, according to a release.

Startups like Rentberry allow landlords to list rental units so that would-be tenants can offer higher or lower prices, based on what they would be willing to pay. The sites take a percentage of the difference. Operators of these rental auction sites claim supply and demand already affect rent prices and that their services just make the process more transparent, according to reports.

Tue
27
Mar
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How Important Is The Front Door To Your Rental Property?

How Important Is The Front Door To Your Rental Property?

The look, feel and features of a rental property’s front door are more important to tenants than landlords and property managers might think.Front door material and look is the maintenance checkup from Keepe this week.

The front door is one of those subtle elements that can actually make a big difference to the overall feel of a property. Experts point out that a property’s front door can actually be responsible for significant fluctuations in the value of the property.

Potential tenants will likely take notice of a damaged, flimsy or older-looking entryways. They could interpret this as a sign of lack of upkeep for the property or concern for the well-being of tenants.

Additionally, a damaged front door can make it easy for burglars to identify a certain property as one that they could successfully break into.

Tue
27
Mar
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Renters Feelings About Buying Diminish As Rates Climb Amid Tight Inventory

Renters Feelings About Buying Diminish As Rates Climb Amid Tight Inventory

There should be a continued good pool of renters for landlords as new research shows many renters feel now is not a good time to buy a home, as interest rates climb and the tight supply of homes for sale continues.

Renters and rent payments are going to continue to grow as renters spent a record $485.6 billion in 2017, an increase of $4.9 billion from 2016, according to Zillow research.

New consumer findings from the National Association of Realtors (NAR) show that while a growing share of households feel more confident about the economy and their financial situation, those positive feelings are not translating to positive views that now is a good time to buy a home.

Mon
26
Mar
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Millennials Spend About 45 Percent Of Income On Rent Before Age 30

Millennials Spend About 45 Percent Of Income On Rent Before Age 30

A new study based on Census data shows that millennials spend about 45 percent of their income on rent before reaching the age of 30, according to Rent Café.

The cost of renting is a huge subject nowadays and a big expense as well, arguably the biggest it’s ever been. People in their 20s starting a life on their own have always faced a lot of challenges. Besides having a low income because of limited work experience, leaving home and paying rent make things even harder, according to Rent Café.

“Analyzing Census data going as far back as 1974, we discovered that rent burden followed an ascending trend over time, making millennials the hardest hit generation. But the future doesn't look too bright for Generation Z either,” the company said in a release.

Mon
26
Mar
admin's picture

Millennials Spend About 45 Percent Of Income On Rent Before Age 30

Millennials Spend About 45 Percent Of Income On Rent Before Age 30

A new study based on Census data shows that millennials spend about 45 percent of their income on rent before reaching the age of 30, according to Rent Café.

The cost of renting is a huge subject nowadays and a big expense as well, arguably the biggest it’s ever been. People in their 20s starting a life on their own have always faced a lot of challenges. Besides having a low income because of limited work experience, leaving home and paying rent make things even harder, according to Rent Café.

“Analyzing Census data going as far back as 1974, we discovered that rent burden followed an ascending trend over time, making millennials the hardest hit generation. But the future doesn't look too bright for Generation Z either,” the company said in a release.

Mon
26
Mar
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Confused Over Service, Assistance And Emotional Support Animals?

Confused Over Service, Assistance And Emotional Support Animals?

The Grace Hill training tip of the week focuses on the confusing issue and definitions of service animal, assistance and emotional support animals.

By Ellen Clark

You probably hear the terms service animal, assistance animal, and emotional support animal a lot. But do you really know what these terms mean? If not, you are not alone!

 There are three laws that relate to rental housing and service and assistance animals:

Tue
20
Mar
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Seattle, Phoenix, Denver Top Hot Spots For Apartment Jobs

Seattle, Phoenix, Denver Top Hot Spots For Apartment Jobs

Apartment jobs listings jumped up 18 percent in February over January, according to the apartment jobs report from the National Apartment Association Education Institute.

The increase in the number of apartment job listings in February certainly involves some seasonality factors as 2018 hiring plans took firmer hold, according to Paula Munger, Director, Industry Research and Analysis, for the National Apartment Association (NAA).

Denver, Phoenix and Seattle maintained spots in the top three metro areas for apartment jobs as a percent of the entire real estate sector, signaling increasingly competitive job markets where qualified candidates have plenty of choices, she said.

Tue
20
Mar
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How Your Terms, Conditions Or Privileges Could Mean Discrimination

How Your Terms, Conditions Or Privileges Could Mean Discrimination

The Grace Hill training tip of the week focuses on the issue of how your terms, conditions or privileges you provide prospective tenants and existing tenants could be discrimination under the Fair Housing Act.

By Ellen Clark

You must treat all prospects and tenants in a consistent way in how you use terms, conditions or privileges to avoid discrimination under the Fair Housing Act.

Setting different terms, conditions, or privileges for buying or renting housing is a little less direct than other illegal practices, such as an outright refusal to rent or sell to an individual.

But it is just as illegal.

Requiring higher security deposits from families with children and demanding higher application fees from minorities are examples of discrimination in terms, conditions, or privileges. These practices violate fair housing laws.

Tue
20
Mar
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10 Things To Consider Before Investing In A Pool For Your Rental

10 Things To Consider Before Investing In A Pool For Your Rental

Property managers and renters may view a pool for your rental property as an appealing feature that can de help attract new tenants and keep current tenants happy. But pools also come with a maintenance price tag and that is the maintenance checkup from Keepe this week.

Building a swimming pool on-site may not always be a good option so there are some issues to consider.

Here are 10 things to consider before building a pool for your rental property.

1. A pool for your rental can be dangerous

Pools can represent a serious and potentially deadly danger for those who do not know how to swim, especially children. Making a pool available to residents will require implementing effective safety measures to eliminate the danger of accidental falls or easy access for unsupervised children.

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