Working from home definitely has its advantages. The commute is short, your dress code is extremely flexible, and many people find they’re more productive without the typical office distractions. With more people working from home due to COVID-19, you may be wondering: can I be a successful landlord or property manager working from home? With… Read more »
Will People with Criminal Records Become the Next Protected Class?
Over the past few years, we’ve seen an increase in restrictions placed on the use of criminal records to make rental decisions. With the concerns surrounding COVID-19, many local and state correctional facilities have released prisoners early, and many of them will be searching for housing. Could previously those with criminal records become a protected… Read more »
7 Financial Tips for Landlords during COVID-19
Times are tough for many around the nation right now, especially with a large part of the workforce being unemployed. While we can all hope that things return to normal soon, this “new normal” will likely be our reality for quite some time. Without an official end date for the COVID-19 crisis, many landlords are… Read more »
Legal and Practical Questions Arise with Rent and Eviction Moratoriums
States and counties across the country have begun the slow process of lifting COVID-19 self-distancing measures. Despite this, there still remain many areas where shelter in place orders and social distancing remain in effect. Jobs continue to lay off employees and unemployment claims continue to rise in unprecedented numbers. Most states and counties have enacted… Read more »
What You Need to Know About Early Prison Releases and Home Confinement
With continued concerns regarding COVID-19 outbreaks, some state and federal prisons have granted vulnerable inmates an early release – and many prisons that have not yet made that move are considering it. Recently, the U.S. Attorney General issued an order that allowed inmates who qualified for an early release the option of home confinement. That… Read more »
Tips and Best Practices for Virtual Tours
Social distancing is being encouraged throughout most of the country, which means a slow-down in lease signings and tour requests for many landlords and property managers. However, even if you’re not able to meet with prospective tenants in person, you can still show them around your property with a virtual tour. Virtual tours are often… Read more »
What You Need Know About Rent Concessions and Lending during COVID-19
April was the first month many tenants were unable to pay their rent due to COVID-19 restrictions. With an estimated 1 in 10 Americans now unemployed, property owners are facing a greater number of rent delinquencies than they’ve seen in recent times. Unfortunately, that trend isn’t likely to change as the federal, state, and local… Read more »
Evictions during COVID-19: What You Need to Know
COVID-19 has had drastic effects on nearly every aspect of society, including the housing market. As millions of Americans have become temporarily furloughed or unemployed, state and local governments have responded to the threat of mass evictions in a variety of ways. Some areas of the country have completely closed their local courts, effectively suspending… Read more »
How Covid-19 is Affecting the Multifamily Market
The spread of Covid-19 came on rapidly, bringing with it panic and equally rapid economic contraction. This has created an atmosphere of fear and volatility that’s not typically seen in public markets. With the current situation, you may be wondering what might be in store for the multifamily housing industry. While there’s no way to… Read more »
State and Local Lawmakers Pause Evictions During Covid-19 Outbreaks
In response to Covid-19 outbreaks across the country, many non-essential businesses have shut down in order to slow the spread of the virus. These proactive measures have led to many people being unable to work and in some cases even losing their jobs. Since many people are no longer working, many major U.S. cities have… Read more »