By Dennis Norman, on March 15th, 2010
Dennis Norman
The Internet Crime Complaint Center (IC3) and the Federal Bureau of Investigation have published a report about common real estate scams and rental scams they are finding and how to avoid them. Like most scams there are warning signs and red flags that can help you avoid falling victim; knowing what to look [...]
By admin, on March 3rd, 2010
The Justice Department today filed a lawsuit against the owner and property manager of a 48-unit apartment complex in Ann Arbor, Mich., alleging that the defendants discriminated on the basis of race or color in the rental of apartments, the Justice Department’s Civil Rights Division and the U.S. Attorney’s Office for the Eastern District of [...]
By Dennis Norman, on March 2nd, 2010
Dennis Norman
Recently HUD published a report, “U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability“, which was packed with data about the rental housing market. The data in the report clearly illustrates that the rental market is holding up pretty well, at least in the lower rent price-ranges, while the for-sale housing market has been [...]
By Dennis Norman, on February 27th, 2010
Dennis Norman
I usually try to keep the focus of my posts on this site on topics that, for the most part, apply to the entire real estate industry and shy away from local issues. I’m going to make an exception today however as I feel this is an issue, albeit local at this point, [...]
By Dennis Norman, on February 9th, 2010
Dennis Norman
If you are a small to medium sized property manager or landlord odds are you receive your rent payments in the form of cash or a check. Why not accept credit cards and debit cards for rent payments in addition? This is something I did for years and think for many landlords it is worth the [...]
By Dennis Norman, on November 13th, 2009
The Justice Department announced it has filed a lawsuit today in federal court for the Eastern District of Missouri alleging a pattern or practice of violations of the Fair Housing Act by the owner and managers of Forum Manor Apartments, a federally-subsidized apartment complex, for refusing to rent to African-Americans and males, refusing to allow [...]
By Dennis Norman, on September 11th, 2009
Dennis Norman
By: Dennis Norman
Over the past two years home prices have dropped throughout the country, rather significantly in some areas. Falling prices have created opportunities for investors but have also created a challenge for landlords and property managers to keep up with changing rental markets. Logic would dictate that if home prices in any [...]
By Dennis Norman, on August 10th, 2009
Dennis Norman
By: Dennis Norman
When we speak of discrimination in housing it seems many people think of it only in terms of discrimination based upon race. However, landlords and property managers need to remember that the Federal Fair Housing Laws that make it illegal to discriminate in housing based upon race also make it illegal to discriminate [...]
By Dennis Norman, on July 30th, 2009
By: Dennis Norman
The FBI has issued a consumer alert warning of phony online rental ads. According to the alert, the scam goes like this:
You can’t believe your good fortune-you find a rental home in a nice area through a Craigslist classified ad at an unbelievably low rate. The landlord-who had to leave the country and [...]
By Dennis Norman, on July 3rd, 2009
Dennis Norman
By: Dennis Norman
One of the issues that has come to the surface over the past few months has been the effect on tenants when a home they are leasing is foreclosed upon. In many instances the tenants are unaware of the financial trouble of the seller and sometimes their first indication of a [...]
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