No Cost For Tenant Rep
No Cost for Tenant Rep Who pays for tenant representation Tenant representatives in San Jose, Santa Clara, and Sunnyvale, California assist commercial tenants seeking office, retail, and commercial building lease space

Is it Time to Evict?
Eviction is one of the most dreaded parts of property management. These legal proceedings are contentious, time-intensive, and costly, and are best avoided if there is any reasonable alternative. However, at the same time, landlords are businesspeople, first and foremost. If a tenant has dishonored their lease agreement, it's important to take any means necessary to protect your investment.

A Landlord Should Have his Building Insured
If it is landlord building insurance that you care to know more about then proceed reading as i will be talking about several of the typical areas that landlord building insurance covers. But let me not get ahead of myself, allow me to discuss an overall overview of landlord building insurance and its importance to you being a landlord.

Your Rights As A Landlord In California
When renting out property, there are many different laws that apply to how you manage that property and your tenats Many of these laws vary from state to state, although they are often very similar

Eviction Notice and Your Rental Agreement
At some point, most landlords will have to to face the situation of delivering one of their tenants an eviction notice Whether it's due to nonpayment of rent, demolition of their property or just a breach of the occupant's rental lease agreement, things are not working well and the occupant doesn't want want to leave willingly, and therefore, he acquires himself an eviction notice

Primary or Secondary PrePaid Meters For Real Estate Investors
When considering buying a prepaid meter as a home owner or a landlord there are several options that one should be aware of In the electricity prepaid metering industry there are two options and many types of meters

New Nevada Law Permits Landlords to Offer Apartment Renters a Surety Bond as a Security Deposit Alternative
A new law that goes into effect today affirms that apartment landlords throughout the state of Nevada may offer a surety bond or a combination of a surety bond and other security money as an option in lieu of a traditional security deposit as required by the landlord. SureDeposit's surety bond helps lower renters' move-in costs, better protects landlords against losses in a challenging economy.

Unsecured Tenant Loans - Realize Your Dreams Today
Introduction:

SureDeposit's Security Deposit Alternative Can Offset Rising Moving Costs for Apartment Renters
More than 50% of renters say they have already spent or anticipate spending more money on their moving costs this year as compared to years past (according to a recent Apartments.com survey). To relieve some of this burden, security deposit alternatives such as SureDeposit can help offset these escalating moving costs in today's tough economy. Security deposit alternatives, most often found in the form of a surety bond, help residents lower their move-in costs because the non-refundable bond premium equals a fraction of the cash outlay of a traditional security deposit.

Tenant screening: Know about your tenant
There are more disadvantages of renting your apartment to a stranger (for monetary reasons) than advantages. On the contrary, there are more advantages and limited drawbacks if you have a prospective tenant with a clean record.

Loans for council tenants: Collateral free fiscal aid for tenants
Loans for council tenants are the most beneficial financial source for the council tenants to avail finance without pledging collateral to the lender against the loan. This enables them to cope with their unavoidable needs without any discomfort. Council tenants refer to those people, who have been living in houses owned by the city council. Here these council tenants have the fruitful option of buying the home after they have spent a certain time in it. This means council tenants will be homeowners in short time and this loan service proves to be efficient for them.

Tenant Screening, The Important Ordeal For Mental Peace After Renting Your Property Out
If you are one property owner and you are contemplating on renting your property out, then you should know the disadvantages of having a bad tenant The landlords never know the reliability of the tenant and whether the tenant will really take the responsibility of the future rent payments

Landlords' Duty To Repair
DISCLAIMER: The following is intended for reference purposes only and not as legal advice.

Miami Real Estate - 5 Steps of When to Evict
All landlords in the Miami real estate market must be able to know when and how to do an eviction Being a landlord is today's market is a full time job

Loans for Unemployed Tenants: Unique Opportunity for the Unemployed Tenants
Let honorable economists debate on tolerable rate of unemployment in an industrially advanced society. People are not sure if they feel pain of unemployment. An unemployed person has no source of regular earning although he has all kinds of demands which a living human should generally have. The state of this man is still good if he has a home where he can live. A non- homeowner lives as a tenant and he pays regular rents to the owner of the home. What step he can take if he is unemployed?

Fewer people are in arrears with their rent

Many landlords will from time to time experience problems with payment of their rent. To help mitigate non payment some landlords take the view that only tenants with good employer references and incomes are suitable, but is this correct? Recent research has highlighted that tenants falling in arrears with their rent is reducing, and it is not just those in employment. For the 10 years up to 2004 the following improvements were identified (tenants not in arrears with their rent for the previous 12 months):

Social sector tenants in arrears reduced from 17% to 12% Private sector tenants in arrears reduced from 9% to 6%

In effect we are now seeing that social tenants in arrears with their rent are not far off that experienced for private tenants in the mid 1990s (e.g. 12% social tenants compared with 9% private tenants). Of course incomes are lower for the social tenant sector, but many now receive substantial Government benefits to assist them. So why do we so often see property to let adverts with the words ?no DSS? or ?no housing benefits?? Perhaps landlords need a more effective way of determining whether prospective tenants will pay their rent on time?

According to surveys in 2004 the average incomes where as follows:

Social sector tenants ?11,900 Private sector tenants ?23,300

But these are averages, and a significant number of social sector tenants have an income well in excess of the ?11,900.

When incomes are considered it is understandable that social tenants will have more difficulties in paying higher rents but if this research is correct then are private landlords being too cautious in placing far greater emphasis on employed

With the increasing number of homes in the private rental sector (2.4 million homes in 2005) surely this must be welcome news for existing and potential landlords?

Over the last 20 years the UK has seen a significant reduction in social sector rental properties, but conversely there has been an increase in the private sector which now accounts for around 35% of UK?s rental housing stock. During the last 10 years or so there has also been a significant reduction in the number of people falling behind with their rent. For example, the period from 1993 to 2003:

Social sector tenants in arrears reduced from 17% to 12% Private sector tenants in arrears reduced from 9% to 6%

However there have been some notable exceptions to this trend. In particular 1996 to 1998 when those in arrears with their rent increased for two successive years, and more recently the number of tenants in arrears for the private sector started to increase again from 2003 to 2004 (the most recent data found).

It is not surprising for the social sector have a higher percentage of tenants in arrears with rent when there are dramatic differences in the percentages of people in employment, as highlighted by the following research data:

Social sector (reference person per household) 26% in full time employment 15% in part time employment

Private sector (reference person per household) 67% in full time employment 11% in part time employment

Given these differences it seems remarkable that so few social sector tenants are in arrears with their rent, however other factors to take into account are government benefits made available to those not in employment, in particular people classified as ?economically inactive? which are reported to be 45% within the social sector and 17% within the private sector. Another factor to consider is the typical income for people within the social and private rental sector, research for 2003/4 also identifies some very significant differences:

Mean income for the household reference person Social sector ?11,900 Private sector ?23,300 Owner-occupier ?31,900

This data suggests that those in the private rental sector may earn almost twice as much as those in the social sector. Further, for people who own or are purchasing their home, the average income appears to be almost three times that of people in the social sector.

Overall some interesting data here, but what can be concluded from this? One positive factor is that there is a definite trend in the reduction of people who are in arrears with their rent, not just the within the private sector, but also for social sector tenants. This raises a question for private landlords within empty properties that often advertise ?DSS not accepted?, why not consider letting to tenants who claim housing benefit? New property websites such as http://www.simple2rent.co.uk provide the capability for private landlords, letting agents and tenants to advertise or search for homes to rent based on whether housing benefit is accepted.

Gordon Marchant specialises in the UK property market, in particular London flats to rent or let and research articles for the buy-to-let sector. More information can be found at http://www.simple2rent.co.uk

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