Rent Out Property

Homeowners ‘tearing their hair out’ over rising rates and rents

Homeowners ‘tearing their hair out’ over rising rates and rents

Key in door

During the financial crisis in 2008, Philip Wilson says he became a somewhat reluctant landlord.

The property market had slowed considerably so he decided to rent out, rather than sell, two properties – a flat and a house in North and West Yorkshire.

Now, the upheaval in the mortgage market means he is being forced to push up the rent for his tenants, and is considering whether he will eventually have to sell up.

“I really feel for my tenants,” the 64-year-old says. “One of them is really struggling, she pays her rent in parts when she

Rent Out Property

Rent freeze Bill passes first stage at Holyrood

Legislation that would temporarily freeze rents and ban evictions in Scotland has passed its first stage in the Scottish Parliament.

MSPs backed the general principles of the Cost of Living (Tenant Protection) (Scotland) Bill by 88 votes to 29 on Tuesday evening.

Stage two amendments will be taken on Wednesday and a final vote will happen on Thursday.

A motion to treat the Bill as emergency legislation was passed by 86 votes to 28 earlier on Tuesday.

Rent freeze Bill passes first stage at Holyrood

The Scottish Government minister appeared at a Holyrood committee on Tuesday ahead of the Bill being debated (Jane Barlow/PA)

The Scottish Tories voiced

Rent Out Property

Rice notices need not be given to tenured school board employees

Under New Jersey’s Open Public Meetings Act (OPMA), a public agency may discuss taking adverse action against a public employee in a closed (executive) meeting unless the employee being discussed exercises his or her right to have the discussion conducted in public.

In order for the employee to meaningfully exercise that right, the public agency is required to give timely notice (ie a “Rice” notice, named after the 1977 case of Rice v. Union County Regional High School Board of Education) to any employee whose rights could be adversely affected by the intended private discussion.

In today’s published (and thus

Rent Out Property

Despite fast-rising rents, the right moment has not arrived for rent control in Fresno

The Fresno City Council recently came under criticism for something that has not been done — rent control.

Some activists decided it was a good idea to get personal with their attacks. Specifically, they went after four of the seven council members because they happened to be owners of rental properties.

“They are landlords on the dais,” said Shar Thompson, the Central Valley regional coordinator with Tenants Together and a District 3 resident.

Her inference was that the property-owning council members have a vested interest to make sure that rent-increasing capping measures are not adopted.

As reported by Fresno Bee

Rent Out Property

Can’t Pay Rent? 7 Steps to Take

The sooner you act, the better.


Key points

  • Rental costs vary, but the median rent in the US stands at $1,978, making it hard to keep your costs under 30% of your income.
  • Read through your lease and contact your landlord ASAP if you can’t rent.
  • You may be able to get cash assistance from a local agency or loved one, and you might consider picking up a temporary side hustle to get you over the hump.

We’ve all watched prices rise over the last few years, and rent costs were definitely part of that general trend. Thankfully, the median