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Finding the Perfect Multifamily Property

American Apartment Owners Association

Take out landlord insurance A landlord insurance policy is meant to protect you as an investment property owner while safeguarding your rental properties. It is extremely important for any residential investor to protect themself with high quality landlord insurance from a reputable company.

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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. Foster had rented a single-family home from landlord John Schutt starting in 2018 for $1,900 per month.

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Ask Landlord Hank: If Heater Goes Out in My Rental, Should I Give Tenants Credit While Awaiting Repair?

Rental Housing Journal

If the heater goes out in my rental should I give tenants credit while awaiting the repair is the question this week for Ask Landlord Hank. Remember Hank is not an attorney and he is not offering legal advice. After he retired, he started a real-estate brokerage business with his sister that focuses on property management and leasing.

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Immigration Authorities Demand Landlords Turn Over Tenant Info

Rental Housing Journal

Immigration authorities have issued subpoenas demanding that landlords turn over leases, rental applications, forwarding addresses, identification cards and other information on their tenants, according to the Associated Press. After consulting with immigration attorneys, he concluded that compliance is optional.

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Washington Attorney General Says RealPage ‘Cheating Renters’

Rental Housing Journal

The Washington Attorney General has filed a new lawsuit against RealPage and nine local landlords claiming they conspired to harm tenants and violated the Consumer Protection Act, according to a release. Two types of RealPages pricing software collect nonpublic, competitively sensitive data from landlords to feed the algorithms.

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How Can I Deal With Unauthorized Guests?

Rental Housing Journal

Ask the attorney is a feature with attorney Bradley S. Dear Attorney Brad: I have a tenant who is the only one on the lease. I do not have a problem with the tenant having another, only that the second person has not been “vetted” and is not on the lease. It is not fair to others in the building.

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Indiana’s New Squatter Law: What Property Owners Need to Know

T&H Realty

Under the new law: Squatters are defined as individuals who occupy a property without a lease, legal right, or permission. Work with your property manager (or local attorney) to understand how the law applies in practice. Property owners can submit an affidavit stating the person is unlawfully occupying the property.