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Foreclosed Homeowners Rent Out Homes In New Scam (CBS 5 Bay Area) The troubled economy has given rise to a cruel new scam. Some Bay Area property owners facing foreclosure are renting out their homes and ripping off their tenants. Fans drinking on private property can face fines (KBCI Boise) Boise Police say the law is clear, if you are drinking on private property with public access you can get a open container ticket. But some BSU fans say that's not what they've been told before All News... Developers rent out hard-to-sell new homes (The Kent Messenger) Developers are so desperate to make a profit in Kent's tumbling housing market they are renting out new homes. As the Nationwide announced UK house prices have dipped for the 11th successive month, property firms are being forced to slash prices and think up novel initiatives to sell new homes. Perris council extends freeze on rent increases at two mobile home parks (The Press-Enterprise) At the urging of nearly 20 residents in the audience, the Perris City Council voted Tuesday night to extend a freeze on rent increases at two embattled mobile home parks. Mobile home park owners sue Rockland board on rent increase (The Patriot Ledger) The owner of the Leisurewoods mobile home park wants a federal court to overrule a rent increase set by the town?s rent control board. Tishman's $5.4 Billion NYC Apartment Purchase Hits Obstacles (Bloomberg) Oct. 2 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty's $5.4 billion investment in Manhattan's biggest apartment complex depended on converting more rent- regulated units to market rates. That's proving a bigger challenge than expected. Scammer Used Vacant Homes, Police Say (KCRA 3 Sacramento) A man was arrested Thursday in Modesto on suspicion of ripping off those attempting to rent a home, police said Thursday after an undercover sting operation. Isle businesses fear rent hike (Honolulu Star-Bulletin) The ground lease for Island Lighting Co. in Mapunapuna isn't up for negotiation for another four years, but Vice President Glenn Kurashima already is concerned about a rent increase that could more than double the $3.95 a square foot the business pays now. From Homeowner to Landlord (TheStreet.com) There's an alternative to selling your house at a steep discount -- rent it out until the market rebounds. Township house rental okayed by 4-3 vote (The Wellington Advertiser) Centre Well ington council approved on Monday a five-year lease on a rent-to-own basis for a property on Mill Street to house parts of local government. |
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