Sentences with phrase «month as a landlord»

This past month was my most trying month as a landlord.

December was an uneventful month as a landlord.

(Bloomberg)-- Manhattan apartment rents fell last month as landlords» pricing power was hurt by a wave of new listings and tenants who shopped around for better deals...

Not exact matches

In Atlanta, for example, «a landlord now figures that it could be as much as a 12 - month investment to get a new tenant up and running,» says Fried.

The numbers are based on the effective rate, which includes landlord concessions such as free rent for the first month.

One aspect of the Manhattan's office leasing market was stuck in the summer doldrums last month, as landlords put far fewer square feet on the market compared with the yearly average.

Effective rents, or what tenants pay after landlord incentives such as a free month are included, rose to $ 22.72 per square foot from $ 22.66 in the first quarter and $ 22.27 a year earlier, Reis said.

The new regulations, agreed upon last month as part of a much bigger budget compromise between legislative leaders and the governor, will do little to halt the erosion of middle - income housing in New York City, and are more dangerous to landlords in principle than in practice.

At 9:30 a.m., NYC Public Advocate Tish James holds a news conference before touring two apartment buildings included in her office's list titled «The 100 Worst Landlords in New York City» released Wednesday, Oct. 8, as part of her series of «six month check - in» visits to properties on the list, 14 E. 125th St., Manhattan.

The number of apartments on the market in Manhattan and Brooklyn in July were the highest in years — driving down prices and paving the way for landlords to court would - be buyers with concessions such as covering broker's fees or offering a free month's rent.

Because of this, de Blasio has called not only for an extension of the laws but a strengthening to end things such as vacancy decontrol, which allows landlords to deregulate a vacant apartment when the rent reaches $ 2,500 per month.

City Comptroller Scott Stringer and New York City Housing Authority Chairwoman Shola Olatoye announced today that an audit of the financially strapped public housing landlord found it had mismanaged and misplaced hundreds of thousands of dollars in building materials and supplies, and that NYCHA had agreed to overhaul the administration of its warehouses as a result of the study — a shakeup the Observer first reported last month.

The Department of Homeless Services» Advantage program has given rent subsidies to thousands of homeless breadwinners who found jobs and left shelters, but a report by Comptroller John Liu found that poor management put families in dangerous buildings with faulty wiring and rodent problems, and landlords pressured some tenants into illegal side deals, forcing them to pay as much as $ 400 extra a month, the Times reported.

Current rent laws include a measure known as vacancy decontrol that allows a landlord to remove an apartment from rent regulation when the monthly rent reaches $ 2,500 per month.

Even if you just end up paying the $ 25 a month fee your landlord could charge you under the lease, you actually lose ten dollars per month as a result, as opposed to if you had just purchased the renters insurance in the first place!

Typically, as long as you can prove that you have enough income each month to cover the rent or you've got a big chunk of change in the bank, your landlord isn't going to be laser - focused on your credit score.

In addition, if the veteran must depend on rental income from the property to qualify for the loan, the veteran must (a) show that he or she has the background or qualifications to be successful as a landlord, and (b) have enough cash reserves to make the loan payments for at least 6 months without help from the rental income.

Renters insurance in Portland is usually about fifteen dollars a month, and covers your interests fully as well as offering liability coverage if you cause bodily injury or property damage to someone other than the landlord — like your neighbor, or someone you hit while riding your bike in this lovely bike - friendly city.

not face issues renting an apartment near work (I had to put down 3 months rent as deposit with the landlord)

Landlords, on the other hand, are expected to go - it - alone or pay for costly legal help, and wait patiently on the legal sidelines as month after month of unpaid rent goes by.

It starts at around fifteen dollars a month, and you're able to get instant proof if your landlord requires renters insurance, as well.

No more worrying about crazy landlords or rent increases, you'll be able to live in your home for as long as you like, and have a fixed payment each month for 30 years!

We're closing on a new home next week and don't want anything to do with our current rental (private landlord) as soon after the end of the month as possible.

At the end of the 6 months, the tenant continues to live at the property - can the landlord now increase the rent, as the fixed term is over?

It makes very little sense, for example, to pay a $ 25 a month fine to your landlord as additional rent when a renters insurance policy might cost you just fifteen dollars a month.

If you don't have a deposit, the landlord may request an extra month or two of rent payments as compensation for the broken lease.

My landlord sold the house I was renting out from under me, as I was on a month - to - month contract.

As a landlord, you'll want to have an emergency fund or other fast borrowing option in place in case you need to make an unexpected major repair, or cover your mortgage for a few months in case your tenant can no longer afford to pay rent.

The landlord must give you a receipt for the last month's rent as well as the security deposit and a statement that you're entitled to interest on that last month's rent.

Every month as you write out the rent check, you are helping the landlord to pay down their mortgage.

I was served 2 months notice to move out of a rental house recently by letter as the landlord wanted their house back.

So I accepted a 2nd job about 8 months ago as an elderly care taker for my landlord's parents.

Temporary Exemptions: In certain circumstances a landlord may be given six months to comply with the prohibition on letting sub-standard property as stipulated in the regulations.

As Davidgo says, the landlord is out of luck, though he isn't obligated to offer a month free rent on a renewal of the lease.

Also, if you have a fixed term lease with no holdover clause, the requirement that the landlord give notice to the tenant to vacate as the landlord would have to in a month to month lease, or in a case where rent is not paid, is often waived by statue or by a common law interpretation that the lease itself provides the notice in that context.

Usually they don't retain counsel because the amount at issue (a month or two of rent or $ 1000 in damage as they move out) does not make it cost effective for the landlord to retain counsel.

A bond is about $ 500 so for landlords they are more interested in getting their property back without an issue, however, if you have a particularly bad tenant as I had a couple of months ago, it is a very real option I have chosen to take.

Section 17 (4) provided: «(4) Where the landlord has duly served a notice under subsection (2)..., the amount (exclusive of interest) which the former tenant or (as the case may be) the guarantor is liable to pay in respect of the fixed charge in question shall not exceed the amount specified in the notice unless --(a) his liability in respect of the charge is subsequently determined to be for a greater amount, (b) the notice informed him of the possibility that that liability would be so determined, and (c) within the period of three months beginning with the date of the determination, the landlord serves on him a further notice informing him that the landlord intends to recover that greater amount from him (plus interest, where payable)».

Also in December, the High Court provided a reminder that a landlord wishing to recover a debt against the former tenant under an Authorised Guarantee Agreement must serve notice within six months in Lee v Sommer [2015][unrep](read our blog here); the case of Regency Villas Title Ltd v Diamond Resorts [2015] EWHC 3564 considered whether a right to use a golf course, swimming pool and tennis court was capable of existing as an easement, and confirmed they were.

But the fact that we are offering short - term lets (weeks at a time rather than standard 6 month lets) seems to be the issue which propels the landlord to class this as «trade business»...?

Also important to note if there are extenuating circumstances, such as loss of employment or medical issues, is that the LTB hearing takes place often a month after a notice to terminate tenancy is sent by a landlord.

A tenancy month begins on the day of the month that the tenant must pay the landlord the rent owed (such as the 1st, 15th, 30th day of the month).

If the rent increases after a tenant has paid a rent deposit, the landlord can ask the tenant to pay an additional amount towards the last month's rent deposit so that it is the same as the new rent.

Your landlord can not charge you for any deposit that is not meant to be used as a first or last month's rent deposit.

Our residential lease AI tool (sometimes known as a shorthold tenancy agreement) can be used by Landlords, such as residential property owners and property entrepreneurs who want to rent out a house or apartment, and Tenants, like students, employees or those who don't own their own home, looking for somewhere to live for 6 months or more.

If a landlord wishes to obtain vacant possession for the purpose of residential occupancy by the landlord or member of the landlord's family, or a caregiver, the landlord must now pay one months» rent to the tenant or offer another rental unit acceptable to the tenant as compensation for exercising the right of termination (s. 48.1 RTA).

It is good practice to include a saving formula within a s 21 (4) notice so as to ensure that if the date is wrong the landlord will become entitled to possession on the last day of the period following the expiration of two months» notice.

Providing the landlord has served two notices, referred to in this article as a six month notice and a two month notice, within the required time frames the landlord will have a mandatory right to possession under s 21.

A13: The landlord can raise the rent only once every 12 months for as long as you remain in that unit.

Of course the best way to prove a landlord is in breach of the law is with receipts such as cancelled cheques for more than just the two months» rent down - payment.