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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. What This Means for Landlords For landlords, the Foster v.

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Cabinet and Countertop Solutions for Apartment Renovations or Builds

American Apartment Owners Association

Why Landlords, Property Managers, and Property Owners Should Take an Interest The industry is calling for updates. While the overall rental market saw huge growth through the 2020-2022 period with low interest rates and new large-scale apartment projects nationwide, most renters are still turning to more affordable renting options.

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Bill Would Allow 3-Day Evictions in Federal Subsidized Housing

Rental Housing Journal

Federal lawmakers have introduced a bill to allow landlords to give tenants in federal subsidized housing 3-day eviction notice, according to reports. Landlords had been required to give 30 days notice to tenants in federally subsidized housing before evicting them for non-payment of rent, after COVID-19 protections had ended.

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Stessa vs Buildium: Which software is best for you in 2025?

Buildium

read Download Buildium’s 2020 State of the Property Management Industry Report Download Today --> Get the latest industry insights. --> MktoForms2.whenReady(function To keep up, landlords and property managers are turning to software that helps them automate tasks, stay organized, and grow their businesses.

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Washington State Rent Control: What Multifamily Property Owners and Investors Need to Know Now

Rental Housing Journal

Overview of Washington’s New Rent Control Law Here’s what HB 1217 means for multifamily property owners and investors: Annual rent increase limit: Landlords can increase rents each year by a maximum of either 7 percent plus inflation (measured by the Consumer Price Index for All Urban Consumers, or CPI-U), or 10 percent, whichever is lower.

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What’s the best property management maintenance app? 6 of the top options

Buildium

read Download Buildium’s 2020 State of the Property Management Industry Report Download Today --> Get the latest industry insights. --> MktoForms2.whenReady(function Property maintenance is also a central part of what keeps tenants satisfied, costs under control, and your properties as safe and profitable as possible.

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Cash Flow Might Be Tight in Indianapolis, But Investment Still Makes Sense

T&H Realty

Low Interest Rate Carryover : Many sellers who locked in historically low interest rates in 2020-2021 are holding onto their properties, reducing the number of new listings and further driving up prices. Higher home prices translate to higher mortgage payments, which in turn squeeze potential cash flow.