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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.

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Fires and floods are eviscerating US communities, intensifying the housing crisis

American Apartment Owners Association

A Brookings Institution report published in October 2023 shows that effective rents typically rise 4% after a disaster and remain elevated for at least five years. If we had needed to rent or find a less-central location, the response would have been slower.” Across the U.S., states are grappling with similar challenges.

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Rent Collection: What The Best Property Managers Do To Get The Most Money For Their Client

Property Management Inc.

October 9, 2018 Maintaining a reliable cash flow is key to obtaining maximum profit for rental property owners and the greatest factor in reliable cash flow is the ability to consistently collect rent on time. These steps are effectively marketing and advertising the rental property and performing a thorough tenant screening.

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Seattle Hires Law Firm To Defend Against Landlord Lawsuit

Rental Housing Journal

The company alleges the city passed ordinances between 2018 and 2022 that hurt its ability to successfully operate a low-income apartment building. The city has retained the law firm Bryan Cave Leighton Paisner. The suit claims this is a “taking” of the landlord’s property. .

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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. As California landlords continue to price out tenants, displacement rates have spiked, causing city officials to begin implementing rent control across the region.

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Rental Scams: What Property Managers Must Do To Prevent Listing Fraud

Property Management Inc.

The victims of listing fraud want their money back and obviously won’t be happy about being turned out on the street, while your tenants want their new house. According to a July 2018 survey by Apartment List, 6.4 If you’re a tenant, take a look at other properties in the area to see how believable a listing sounds.

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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. This substantial price difference skews the overall rental estimates.