Election Signs Stand Strong
In California, a law passed on January 1 protects renters from losing their right to “bear sign.” The law prohibits landlords and property managers from banning campaign signs– including signs for political issues that are up for public vote. In multi-family dwellings, signs can hang from windows and doors, while they can be posted in … Continue reading
How Far Does $3,000 Go?
How far does $3,000/month for rent go in major cities compared to Buffalo? For Buffalonians, we are told that the cost of living is low– and this proves it: New York, New York: This one bedroom, one bathroom apartment is just over 600 square feet. San Francisco, California: With two bedrooms and two and a … Continue reading
Tips for Living With a Roommate
In the spirit of the new school year, we’ll discuss the good and bad of living with a roommate. Most important for living with someone else are compromise and communication. 1. Equality is Key: If possible, move into the apartment at the same time so that one doesn’t feel ownership over another. Starting out together … Continue reading
What Information Do Landlords Review About You?
While rental applications may seem to be probing private information, they are essential for property managers who want to insure that they are getting a responsible, reliable tenant. First, landlords want to make sure that you can pay your rent and can determine so by using rent-to-income ratios (RTIs). Usually, landlords don’t want your RTI to … Continue reading
How Can Landlords Attract Renters?
In today’s market, many landlords are finding that drawing in prospective renters means stepping up the services they offer. While large apartment complexes can offer anything from a gym to a rooftop deck, landlords with smaller properties need to compete. Here are few ways they are able to attract future renters: 1. Include internet with rent: With … Continue reading
Do Vacation Homes Make a Profit?
For many vacation property landlords, daily upkeep and cost can be stressful: maintenance costs can eat up 70% of revenue, and huge mortgage payments on prime properties can take the rest. So is it worth it for vacation home owners to get into the business? According to a recent article by Zillow, the costs outweigh … Continue reading
10 Best Cities for Renting
While renting has become more popular nationwide, some cities have actually seen rental prices drop below 2008 levels. Younger, mobile Americans and Baby Boomers are helping to invigorate renter’s markets, as both move out of ‘family homes’ and into more efficient and less expensive spaces. The following cities are the best places in the country … Continue reading
Investors Cashing In With Cash
Last December, 1/3 of home transactions were paid for in cash says a recently released HousingPlus Tracking Survey. Cash, however, caused sellers to accept offers on their homes in less time and, perhaps, for less than the home was worth; buyers paying with bills offer buyers more security and money up front, an attractive option … Continue reading
Can Renters Solve the Housing Crisis?
As home ownership rates continue to fall or remain low, more and more Americans are renting property—rental rates are currently growing at 5% per year. With this in mind, investors are buying up property that will attract renters in the short term and that can be sold for a profit in the long term. While … Continue reading
Buffalo New York Real Estate 