How to Market Rental Vacancies during the Slowest Time of the Year

slow rental market marketing

Promoting a rental vacancy in the midst of a market slowdown is a challenge. You have to work twice as hard to get your rental property visible online, deal with a decline in demand, plus prep, show, and go through your move-in procedure during cold, winter conditions. Additionally, many people take advantage of this time of year to go on vacation or visit family for the holidays. While attracting new renters to your property might take a little more elbow grease than in the summer, if you follow these steps you’ll breeze through the marketing and leasing process.

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Trump’s Tax Plan Might Not Be So Bad for the Rental Industry

Trump’s Tax Plan Might Not Be So Bad for the Rental Industry

Congress’s H.R. 1, the “Tax Cuts and Jobs Act,” passed on November 16th and it is now up to the Senate to vote on this bill. According to the New York Times, Republican party leaders are hoping to bring it to the Senate floor by this Friday. While the rental housing industry has been relatively optimistic about this bill, provisions (like the removal of private activity bonds within the low-income housing tax credit) raise concerns.

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Rent Control is Trending: November’s Frightening Rental Legislation

rent control

If you weren’t aware of rent control legislation, now is the time to be active. Bills proposing rent control (as well as restrictions on eviction and criminal records) have become an alarming trend within the rental housing industry. Just last week, I went with other CIC™ tenant screening experts to Washington, D.C. to lobby on behalf of the National Consumer Reporting Association. Our big concern is that without access to eviction or criminal records, property owners and managers like you will not have the information to determine if a rental applicant is a risk or not. While plenty of owners combat potential risk by raising the rent or fees, if rent control measures pass, that option will no longer be accessible.

Unfortunately, states like California, Oregon, Illinois, and Maine have already been targeted by rent control activists – and it seems like this is only the beginning. Take a look to see what rental housing legislation has passed and failed this November, and what bills will likely be reviewed in the Spring of 2018.

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How to Protect your Identity this Black Friday

black friday identity theft

Got your eye on any Christmas presents this Black Friday? So do data criminals… but it’s not that flat-screen TV that they’re eying. Since Target’s huge data breach in 2013 (coincidentally during Black Friday and Cyber Monday) where credit card information for up to 110 million was compromised, participating in the shop-happy holiday has become a little risky. As you navigate the millions of Black Friday deals, follow these tips to keep your identity safe.

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Easily Transition your Rental from Daylight Savings Time with our Checklist

daylight savings time

With the end of Daylight savings time on Sunday, November 5th, you’ll finally be able to get some much needed rest! Aside from Arizona and Hawaii, rental properties across the nation will have to set their clocks back by an hour this weekend. Make sure you take advantage of our handy (printable) checklist to help remind you what needs to be changed, whether you have a vacancy or not.

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