Sentences with phrase «rent as the tenants»

I saw somebody mentioned the air force base as a great place to rent as the tenants are quite good.
Inexperienced investors often view the tenants ability to afford the rent as the tenants problem, until it becomes their problem.

Not exact matches

Steinhafel bought everything, essentially committing the company to opening stores as quickly as possible to avoid paying rent on stores that weren't operational and leaving landlords without anchor tenants.
Part of that investment is spent, as always, in the form of a broker commission, but the rest goes to the lessee as free rent and tenant - improvement, or build - out, allowance.
Zeus furnishes the apartments, markets and rents them out, coordinates repairs as necessary, collects rent from tenants, and pays landlords from the rent collected.
Projections involve numerous assumptions such as rental income (including assumptions on percentage rent), interest rates, tenant defaults, occupancy rates, foreign currency exchange rates (such as the US - Canadian rate), selling prices of properties held for disposition, expenses (including salaries and employee costs), insurance costs and numerous other factors.
The length of the lease's term also affects other key variables, such as tenant improvements and concessions such as rent abatement.
Landlord / Tenant: Unhealthy or unsafe conditions, failure to make repairs or provide promised amenities, deposit and rent disputes as well as illegal eviction tactics were included.
Even today the typical anchor store pays around $ 4 per square foot in annual rent; the average non-anchor tenant paid $ 42.22 per square foot a year as of the third quarter of 2016, according to real estate analytics firm Reis.
To Rent an apartment all tenants needs to earn 40 times the monthly rent as annual income, if they do nt qualify they need a co-signer earning 80 times that monthly numRent an apartment all tenants needs to earn 40 times the monthly rent as annual income, if they do nt qualify they need a co-signer earning 80 times that monthly numrent as annual income, if they do nt qualify they need a co-signer earning 80 times that monthly number.
Its initial business model was to buy rundown rentals, renovate them, and attempt to get rent - regulated tenants to vacate their units in order to charge incoming tenants market rents, but it now builds ground - up development as well.
Business Liability Insurance is not usually required by law but can protect your business and personal assets from being taken in a judgement against you or as a tenant if you cause damage to a property you rent.
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.
If your new home has any detached living units like a basement apartment, you can also propose to find a tenant and add the estimated rent as part of your income in the application.
If you have property manager, he or she will screen the prospective tenant but you will have the final say as to whether you want to rent to that person.
In February, the owners landed the luxury fashion designer Coach as a tenant for a 10 - year lease with a rent of about $ 4,000 per square foot.
«People are finding more affordable alternatives as housing supply has increased, and rent control measures are helping to ensure rental prices remain predictable for tenants
As a result, landlords who can offer those tenants locations with heavy foot traffic and the right layout can still demand high rents.
Teams were tasked to assess the viability of the potential sale, considering current valuations, tenant activity and rent roll, as well as a competing adjacent property.
He added that despite the stress on rents, tenants like large European retailers see a Manhattan location as critical to their larger business models, and are keeping the market afloat.
Industrial REITs own and rent space to tenants in industrial buildings and specialize in properties such as warehouses or distribution centers.
Though it's relatively rare for tenants to leave — they pay a scaled percentage of store income as rent, and it's nearly unheard of for anyone to be shown the door — when it does happen, the process is intense.
As a Councilman, he mislead tenants to believe he would support rent control.
As Chair of the Council's Housing and Buildings Committee, I am thrilled that the Rent Guidelines Board (RGB) has for the first time in its history voted to freeze rent for 1.2 million rent stabilized tenants,» said Williams, who represents the 45th Council District in BrookRent Guidelines Board (RGB) has for the first time in its history voted to freeze rent for 1.2 million rent stabilized tenants,» said Williams, who represents the 45th Council District in Brookrent for 1.2 million rent stabilized tenants,» said Williams, who represents the 45th Council District in Brookrent stabilized tenants,» said Williams, who represents the 45th Council District in Brooklyn.
«As a small property owner and landlord, I have long understood that it is possible to make a rent freeze work, because I have managed to provide it for years to the tenants in my own building.
As the clock ticks, more and more units continue to leave rent stabilization and go market rate, and the strength of the tenants movement weakens accordingly.
«Tonight's vote sends a clear message that the City of New York is determined to provide relief for its residents, unlike Gov. Cuomo and Albany who recently enacted detrimental rent laws that could eliminate about 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants but offer protections against arbitrary evictions as well,» he added.
The association said the vacancy allowance was written into law as a recognition that landlords might need to «catch up» in rent revenue between tenants to help maintain the building, and as a way to have a new tenant bear the increase.
As one landlord told ProPublica, if a rent - stabilized tenant gets a discount, «it's the same as having a deregulated apartment.&raquAs one landlord told ProPublica, if a rent - stabilized tenant gets a discount, «it's the same as having a deregulated apartment.&raquas having a deregulated apartment.»
Rent - regulated tenants living in Toledano's buildings, organized as the Toledano Tenant Coalition, have further alleged that the landlord has arbitrarily denied their lease renewals, ordered them to vacate their apartments, and intimidated them.
They called for the elimination of a loophole that lets landlords boost rent by 20 percent when tenants vacate a rent - stabilized apartment, as well as a rule that removes units from rent regulations once the rent gets high enough, allowing units to go to market - rate prices.
He also noted that once initial tenants move out, property owners don't have to keep the units rent stabilized (as long as the rents exceed $ 2,700 per month).
As the details of the deal are hashed out few Democratic legislators and tenant advocates are not exactly hopeful that the rent deal will get any better for them.
The land bank is willing to rent to the tenants of buildings it seizes, and will also work with homeowners if they want to stay on as renters after their homes are taken, she said.
AJB Ventures installed PRI's management company, AFP, as the rent - paying tenant.
A third would have allowed landlords to evict tenants who voted at the wrong location or filed their tax return with different addresses, on the grounds that their rent - stabilized apartments weren't their primary residences, as required by law.
QUEENS, NY — Borough President Melinda Katz stated the following about the proposed rent guidelines for leases renewing between October 1, 2015 — September 30, 2016, as discussed at the New York City Rent Guidelines Board Public Meeting in Queens this evening: «Thousands of tenants throughout the city — including Queens — simply can not afford -LSB-rent guidelines for leases renewing between October 1, 2015 — September 30, 2016, as discussed at the New York City Rent Guidelines Board Public Meeting in Queens this evening: «Thousands of tenants throughout the city — including Queens — simply can not afford -LSB-Rent Guidelines Board Public Meeting in Queens this evening: «Thousands of tenants throughout the city — including Queens — simply can not afford -LSB-...]
So Krueger and other senators pushed for repeal of a law, known as vacancy decontrol, that removed limits on rent hikes for apartments where tenants moved out and the rent exceeded $ 2,000 a month (now $ 2,700).
One bill would have allowed landlords to raise rents by as much as 20 percent when tenants died and their family members wished to take over the lease.
Tenant advocates derided him as «Governor Glenwood» in 2015 when he stayed on the sidelines during a legislative tussle over rent laws.
Gov. Andrew Cuomo bashed the decision as a «betrayal of the one million tenants living in rent protected apartment.»
Senate Majority Leader Dean Skelos for the first time raised the threat of a high - noon showdown over the state's soon - to - expire rent laws, as he rejected all but the most basic renewal of current tenant protections yesterday.
The details of the so - called «framework» are as follows: much to the dismay of die - hard tenant - advocates, vacancy decontrol is staying, and landlords will still be allowed to deregulate apartments when tenants» monthly rent and annual household income reach certain thresholds.
He has publicly championed tenants» rights, rent stabilization and affordable housing over the years, but has also earned a reputation among real estate executives as a pragmatist in a sea of reflexively pro-tenant Assembly members.
With rent - stabilized buildings, taxes are passed on to renters via the Rent Guidelines Board, while tenants with market - rate properties get some of the taxes passed along as wrent - stabilized buildings, taxes are passed on to renters via the Rent Guidelines Board, while tenants with market - rate properties get some of the taxes passed along as wRent Guidelines Board, while tenants with market - rate properties get some of the taxes passed along as well.
As for refusing to evict tenants who can't or won't pay their higher rents — few councils are in a position to subsidise tenants, however sympathetic they might feel.
And when tenants» - rights activists accused Cuomo of not doing enough to protect them as rent laws came up for renewal in Albany, they met David.
«As we approach the renewal of rent laws, Sen. Espaillat's valuable experience fighting for tenants and his commitment to protecting and expanding rent regulations will make him a great partner in the Senate.
As such, the arrangements grew to be highly complex, and were consolidated for council tenants in 1972 under the National Rent Rebate Scheme, and for private and housing association tenants in 1973 under the parallel Rent Allowance Scheme.
«As discussions continue through the weekend, the Assembly and Senate have agreed to pass — and the Governor has agreed to sign — a five day extender of New York City's rent regulations that will codify into law important safeguards for more than two million tenants
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