Remove 2018 Remove Rent Remove Single-Family Home
article thumbnail

Tenant Owes $21,000 in Late Fees: Court Rules in Landlord’s Favor

American Apartment Owners Association

In a ruling that could reshape how landlords approach late rent fees, the Kansas Supreme Court last week upheld a district court’s decision requiring a tenant to pay over $21,000 in late fees for missed rent payments dating back to 2020. The district court ruled that Foster owed $5,700 in unpaid rent and $21,240 in late fees.

article thumbnail

Inglewood Enacts an Emergency Rent Control Measure

Real Property Management California Coast

According to Curbed LA , Inglewood will impose an immediate 5 percent cap on rent increases for any apartment buildings and duplexes built before February 1, 1995. The restrictions won’t apply to single-family homes and condos. At the same time, reports show that “ jobs are on the rise but housing is limited statewide.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Zillow Rent Estimates Miss the Mark in Redding, CA. A Local Expert's Insight

Authority Property Management

Discover Why Local Insights Outperform Online Algorithms for Reliable Rent Valuations When it comes to renting out properties in Redding, CA, and the surrounding areas, property owners and landlords often turn to Zillow’s Rent Zestimate ® tool for guidance.

article thumbnail

Ark7 Review: Fractional Shares of Rental Properties with Full Liquidity?

SparkRental

The Big Picture On This Comprehensive Ark7 Review: Ark7 is a real estate crowdfunding platform that enables investors to purchase fractional shares in rental properties, including single-family homes, multifamily units, and short-term rentals. You collect passive income through monthly distributions while you own shares.

article thumbnail

Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

Officially known as the Justice for Renters Act, this proposition aims to expand rent control statewide, giving cities and counties the power to regulate rents more extensively. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums.

article thumbnail

The Impact of Inflation on Property Managers

Authority Property Management

This present reality leaves property managers with very few options, they will either have to increase rent prices, cut down on services and amenities or delay non-essential work. Rising costs will make landlords increase rent prices and minimize costs in order to stay within their budget.