As Rent Relay’s electronic rent service becomes more popular, we’re pleased to see a spike in client inquiries. However, we’ve found out that our company’s name has been used in a Craigslist and Kijiji rental scam. We wanted to quickly provide this post to help the public become aware of the risk and protect themselves against rental property.
The use of cheques is declining worldwide and may soon become a thing of the past. In the UK, plans were unveiled in 2009 for cheques to be abolished by 2018, while usage has already dropped 70% from its peak. The story of declining cheque usage is the much same throughout the rest of Europe and to.
New technology is fuelling a dramatic change in the way innovative property managers and landlords are doing business and managing their revenue streams. It doesn’t matter whether you are a new investor, or a seasoned landlord or an independent property management firm – if you aren’t staying ahead of the curve, you will lag behind as your competition.
Property managers have reason to smile in 2012. According to recently released data by the CMHC, the formerly flagging rental apartment market is now experiencing greater demand and growth. This is due to a recent spike in immigration, as well as a decrease in the number of available apartment units. Rental vacancies, which were once over 3%, fell.