Rental shop

Abstract Rent control was first imposed in the United States as a response to the difficulties faced during wartime (Jenkins, 2009). The primary goal was to create affordable housing and prevent profiteering by property owners who sought to take advantage of “the extreme market pressures”(Jenkins, 2009, p.74). During the 1950’s, a removal of rent control ensued; the 1970’s experienced a resurgence of rent control in California, New Jersey, New York, Massachusetts, and several other northeast…

This agreement is prima facie consistent with the Street v Mountford exclusive possession, rental payments, and certainty of term requirements. However, there is doubt that this agreement satisfies the LPA 1925 requirements that any lease of less than three years’ duration includes the best rent ‘reasonably obtainable’. The agreed £100 per…

Rental homes really only need to be painted every four or five years. In between tenants, a good cleaning and a good once-over with the Magic Eraser will take care of most of the scuffs that the walls endure. But when you do repaint, what color should you reach for—your favorites? White? Trendy colors? Experts say no. In fact, if you learn a little about the psychology of color, you can use the touch up in your favor and maybe even get your rental property rented faster. Here are the basics:…

In today’s society, having a place to live in is very important. That raise the question of how one should live their lives, should one rent or should one buy a house? This decision is hard to make due to the reason that each of the choices have their own advantages and disadvantages. According to the National Association of Realtors, there will be “five to six million families that will become new renting households in the next ten years.” (Harper 2013) We might ask ourselves, why is there a…

LEASE, made the 1st day of January, 2016 between Luis Alberto Garay, hereinafter called "Landlord" and, Jorge Olguin Serrano, hereinafter called "Tenant(s)." 1. PREMISES/TERM/USE: Landlord agrees to lease to Tenant(s) the house located at 552 Sea Shell Ln, Las Vegas, NV 89110 hereinafter called the "Premises" for a term of 12 months beginning on January 1, 2016 and ending on December 31, 2016, for use and occupancy by Tenant(s) as a strictly residential dwelling. 2. RENT: The rent for the term…

Disadvantages of Owning a Rental Property Tenant Risk You can never be absolutely sure if the renters will pay their rent. Depending on who you rent it to, some may pay their rent on time every month whereas other may pay on a irregular basis or not even pay which makes things harder…

Our new client, the hotel’s owner, was waiting for us as we walked into the lobby for the first time. He appeared tired and frustrated. He said, “Please help me get back my successful hotel.” His 235 unit, full service hotel had had its economic rug pulled out from underneath. This two story property was built on a site selected for its proximity to a large GM manufacturing plant. As a result, our client had enjoyed two decades of profitable RevPAR. Each week a small army of suppliers,…

One of the biggest questions that many people are asking is should I buy a house? This is a very good question to ask. There is an ongoing debate on rather buying a house is better than continuing to rent one. Consider the stability, freedom, and now the affordability that buying your own house can bring. In most cases it’s more beneficial to buy a home instead of renting one. If you have ever considered buying a house, I’m going to tell you why you’re on the right track. Buying a…

As I remember the days of the tragic Historic Flood that happen on August 13, 2016; in Baton Rouge, LA many of my family members, and friends were affected, and it was very devastating and terrifying all at once. Even though I myself wasn’t affected as much by the Historic Flood I still endured a lot of emotional disbelief for my family and friends. I felt heart broken by what was actually happening to my family and friends, all I could think about at the time was lending out any help I could to…

PROS OF RENTING The main reason why renting is better than buying is because you don't need a capital to do it. You need to have a few months rent as a deposit for the landlord, but they are not going to be as much money as the one needed to buy a house. The second reason why renting is good is because it leaves you free to leave the apartment whenever you want (or with a very short notice period). This is good if your work required you to travel a lot and you need to change where you live…