Realty Information Systems

All around the country, the focus of most developers over the last decade has been in creating luxury residential units that can fetch high rents and have high sales value. For many landlords owning and renting out luxury properties is the dream they are working towards. However, on the opposite end of the spectrum lower-income rental housing is often ignored despite the high-profit potential. Many rental property investors keep away from lower income housing because they fea

According to Zillow due to recent trends in the housing and rental market, it is probable that there will be less growth in rental prices in 2017. According to the report, the housing market has been recovering due to the improvement in the economy and consequently decreasing rental demand. Millennials are predicted to play a significant role in the housing market as they are expected to move from renting to buying. Currently about half of new home buyers were first-time buye

The more rental units you own, the more keys and locks you need to ensure are safe and secure. A rental property can have several important entrances including the main entrance, back entrance, and individual unit entrances. Ensuring that the keys to all doors and units are secure is essential to the security of your rental property, your business, and your tenants. Below are several tips that can help you safeguard your rental properties keys and protect your rental propert

As a landlord or property manager, most issues related to your tenants should be easily solved without incident. However, there may be cases where you find yourself in a heated and costly legal battle. Therefore, it is important for you to understand when a tenant may decide to hire a lawyer so that you may be prepared to hire or consult your legal counsel. You are Evicting a Tenant: When you evict a tenant they have the right to fight the eviction process. They may hire a la

The official first day of winter this year, the winter solstice, is December 21. The winter solstice is the day of the year with the fewest hours of sunlight for the whole year. According to AccuWeather, it is going to be a long winter for those living in the Eastern U.S and the Northern Plains. Accuweather predicts that the area from the Eastern U.S. to the Northern Plains is going to feel the cold wintery weather into spring 2017. They predict that there is going to be sev

City Health codes are created to protect residents from becoming ill or injured due to dangerous or disease infested buildings. There are two types of health code violations that apply to landlords; structural and maintenance health violations. Structural violations include if a building is not built or repaired according to city building codes. Failure to fix or construct a building according to a city’s building code puts residents in potential danger as the code is in plac

Snow removal can be a very difficult and expensive task depending on where your rental property is. Some landlords or property managers may try to push off removing snow or putting salt down to save money. However, if your tenant trips and falls on ice you may be liable. Here is what you need to know about shoveling snow. What type of property do you have? If you own an apartment building then you are usually responsible to make sure all shared walkways and parking areas are

As a landlord or property manager, you have an often little-known responsibility to allow people to take refuge in your property if hazardous material is released or threatened to be released in your area. In the case of landlords, it is important that your employees, tenants, and visitors who are on the property if the shelter in place rule takes effect, understand the requirements of the sheltering in place command. According to Nolo there are several steps landlords need t

Tenants around the country may be surprised when they move into a new rental and find out that they have to pay the monthly water bill. The reality is that unless otherwise stated in the lease, the water bill and or sewage bill counts as a utility meaning the tenant is responsible for paying it. As utility costs rise across America, more landlords and property managers are not including water and sewage use as part of the rent. While landlords may be happy to pass on rising w

Rental properties with pools come with advantages and disadvantages. Some landlords may view a pool as a great amenity that can attract potential renters. However, if you are considering purchasing or renting out a property with a pool you need to consider some important issues. Liability: When you have a pool on your rental property you can be liable if someone injures themselves or drowns. In order to avoid potential liability you need to ensure that there is a fence around