With year-over-year inflation rates reaching an average of 2.5% that means raising rent is inevitable for most landlords and property managers. However, it can be hard and you may feel guilty to pass the financial burden along to your tenants. Even more if they’re long-term, have a good track record, or are your friends and family. Here are four ways to increase rent without feeling guilty.
We’re proud to announce that we’ve released a new employment screening solution designed specifically for the multifamily housing industry! As the first and only screening company with employment screening packages tailored for rental housing positions, CIC is thrilled to give properties across the nation a distinct hiring advantage.
On Friday the Secretary of State Alex Padilla confirmed that tenant activists have gathered enough signatures to qualify their state-wide rent control measure for the November ballot. With the fate of the Costa Hawkins Act in the hands of Californian voters, it is vital that rental housing professionals in California be vocal in their opposition.
Although most legislators are preoccupied with the 2018 primaries, the number of passed, pending, and failed multifamily housing bills continues to grow. This June, familiar rent control, “just cause” eviction and “ban-the-box” legislation is an ongoing rental housing topic across the nation, while newcomer laws regulating apartment solar panels, lease terminations with tenants suffering domestic violence, and employment questions around marijuana have popped up. Take a look at the passed, pending, and future rental housing bills nationwide and in your property’s state below.
In anticipation of the National Apartment Association’s (NAA) Apartmentalize Conference in San Diego, California, we’re giving away a kate spade handbag to one lucky CIC blog subscriber. But you better hurry! Our online giveaway will be ending on June 8th, 2018.
This year, tenants’ activists within California have rallied to get rent control initiatives on the November 2018 ballot. As the deadline for ballot measures gets closer, activists in cities across the state have begun submitting their signatures for approval. While none of the proposed measures have officially made it to the ballot so far, below is an update on where California stands on their state and city-wide rent control measures.
On Tuesday the House passed a huge Senate Bill, S. 2155 (commonly referred to as the “Dodd-Frank Reform Bill”). This bill not only impacts regulations for banks, but includes changes for public housing and the big three credit bureaus. Before S. 2155 lands on the President’s desk, take some time to look over some of the following proposed changes.
If you’ve ever seen the show Parks and Recreation, you’re probably familiar with the concept of Treat Yo’ Self. Life can get overly busy with trying to find a balance between a work and personal life, and at times we can forgot to take a little time for ourselves. It is never a bad idea to take a day to treat yourself, and what better opportunity than National Wine Day? Celebrated annually on May 25th, this is a great day to set a little time aside and treat yourself to a night of wine and relaxation.
Fake reviews are becoming a growing problem within the multifamily housing industry. Online, it’s terribly easy to leave a fake positive or negative review, and extremely difficult to get any reviews erased. Whether the apartment review is from a lying, former tenant or a professional fake reviewer, here’s why you should be responding to them all.
We hear about discrimination all the time; as much as we would like to pretend that it doesn’t exist, it’s something that plagues the world around us and the rental housing industry is not excluded. Some may think that simply screening applicants remove prejudices from their rental process, but discrimination can still find its way into the tenant screening process. By expanding your knowledge in this area, you can better avoid discriminatory practices in your tenant screening.