Landlords warn eviction ban bill would lead to foreclosures, slums

A bill that would halt evictions and freeze rents for a year after Gov. Charlie Baker lifts the coronavirus state of emergency has cleared its first major hurdle but faces staunch opposition from landlords who say it would lead to foreclosures, slums and worse.

“The further people get behind in their rent, the less likely they will ever be able to pay it. If we don’t deal with this problem and we wait another year, there’s a lot of money that will never get paid,” said Greg Vasil, CEO and president of the Greater Boston Real Estate Board. “It’s the property owners who lose. We’ll see foreclosures and properties will start to fall into disrepair.”

The eviction protection bill cleared the Joint Committee on Housing in a 14-3 party-line vote on Thursday. Proponents say the bill aims to keep tenants in their home after losing jobs due to the pandemic.

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Landlords: How to Determine the Rental Amount for Your Property

I want to introduce several resources where a real estate investor or property owner can determine what rent you can charge for your investment property. The three most popular websites available for this purpose are Zillow.com, Rentometer.com, and Craig's List .

Zillow is the most popular and respected so we will start there. Go to Zillow.com and put in the address of your property and then click "search". Click on the word "rent" or "Zestimate", both will give you rent estimates. The word Zestimate (rent estimate by Zillow) should pop up with the rental amount and the range Zillow thinks the property may rent for.

We know Zillow is not perfect. Zillow uses computer models and they are basing their rent Zestimate upon averages in the area that have similar characteristics of your property, ie square footage, similar number of beds, bathrooms, etc. Again, no computer model will be perfect … Read More

Property Managers Annoyed By Negligent Landlords

In its simplest phrases, property upkeep is the general repairs of a building and the property round that building. Single web lease – tenant is responsible for paying lease and property taxes. For many causes, few buyers hold investment actual estate in C corporations. The true estate auctions I have attending ended up promoting the properties for about what they might have bought in any other case.

Beyond tax exemptions and deferrals for qualified seniors, widows and people with low incomes or disabilities can apply via the state for tax assist. For those who approach them previous to the tax sale, they’re probably still considering they will provide you with the cash to pay the taxes off in time.

TSPC is the trading title of TSPC Holdings Limited, a restricted liability company registered in Scotland No 279747 and Tayside Solicitors Property Centre Restricted, a restricted legal responsibility firm registered in … Read More