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Recently Published: Section 8 : An Owners Guide Section 8 housing is a HUD assistance program dedicated to subsidize housing for low income families and individuals, the elderly and the disabled. It pays a portion of the rent to owner/managers that accept section 8. Maximizing The Rent Selling your property is harder know and likely to be that way for quite a while longer. If you relocate or just want to move you may find yourself a reluctant landlord. Consider the carrying costs, not just the resale value of your property when you buy. Multifamily Apartments: Get Higher Rents and Lower Your Vacancy I thought that checking out what renter value would help owners rent faster. All in the name of know your market. Renters today are looking for apartment living that can encompass all their lifestyle needs. read more... How to Punch up Your New Rental Listings: What Renters Look For. If you own to rent, know why renters move and what amenities they choose in their new digs. If we can isolate the major needs of tenants we can begin of offer those amenities ourselves and we can punch up our new listings advertising Which Technologies do Apartment Renters Want Most? National Multi Housing Council reports that a New Survey Identifies Which Technologies Apartment Renters Want Most. To remain competitive, apartment firms have to truly understand the technology needs and desires of their current as well as their future residents. Apartment Renter Demographics and What They Mean to You. Knowing income levels, marital status, familial status, ages, etc. of the tenants in each of your properties will certainly help in tenant selection. But it will also show you how to serve your customers, your tenants, better. Waterbed Agreement Imagine one bursting! If you allow them at all, be sure to specify the location and the size. This agreement will allow you to inspect and to require insurance (if its legal to do so in your state). Take additional deposits too, they can do alot of damage! These considerations and more are in this agreement. Smoke Detector Addendum This Smoke Detector Addendum is important because it spells out the responsibility tenants have in keeping them functioning. Its important to have the occupants buy into good operating smoke detectors. Pet Addendum Using a pet addendum will help you keep track of pets in your units. It documents the number of pets approved at the lease signing. This gives you leverage you need to control the pet population. Mold Notification Addendum This addendum goes a long way towards protecting you because it spells out the tenants obligation to maintain the kind of home that should be mold free. Lease Agreement Addendum For Smoke-Free Areas A smoke free building Is safe, clean and healthier. Here is a sample agreement that spells out tenant obligations in a smoke free building. Smoke free is a money saver since many insurance companies will cut their premiums because of reduced fire hazard. Storage Facility Agreement Use this addendum to define the terms of the storage rental. It spells out rentor obligations which allows the owner to maintain control of the space. Parking Lease Agreement Spell out the terms of issues like stored materials, toxics and clean up responsibilities, rent increases and more here. Roommate Addendum This sample roommate addendum is similar to the Sub Tenancy Agreement. Look at both of these and decide which suits you better. If you are not using any agreement now this is a good start. Sub-Let Or Sub-Tenancy Agreement For use when a sub tenancy is being created. This agreement is a formal acceptance of the move in and defines the house rules and obligations of the sub-tenancy. Sample Residential Lease Here is a sample lease. If you are using an off -the-counter lease then you may find this an improvement. However if there is one contract you buy from a professional source, approved in your state, this is the one. Co-Signer Or Guarantor Of Lease Agreement The Co-Signer Or Guarantor Of Lease Agreement is used for applicants that don't meet your standard requirements. The co-signor is a third party responsible for rent and damages in case the applicant can't pay rent or damages. Not unlike a co-signor to a loan. Tenant Screening Criteria How to structure a policy and make better business decisions?. A clearly defined decision making process allows you to apply the same criteria to all applicants. Megan's Law Megan's Law compels the states to create a data base of personal information on registered sex offenders available to the public. If you are renting property you need to understand this. Section Eight Housing Section eight housing....What is it? What are your obligations as an owner/manager? Read this for the basics on section eight housing and understand how it works.
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