Windham may take landlords to court if their tenants break the law ...

Village officials are meeting with rental property owners today to discuss possible legal action, including property forfeitures, if a felony offense is committed on the property by a tenant.
Mayor Jim Moore, Police Chief Ed Perdian and Rental Housing Inspector Jack Murphy will meet with several rental property owners at 10 a.m. to discuss two recent drug activity ordinances recently passed by council as well as other proposed changes to ordinances affecting rental properties.
Perdian said Tuesday his hope is to see more property owners taking responsibility for what happens on their properties.
"Ignorance is not an excuse. Turning a blind eye is not an excuse," he said. "I'm trying to put people to the task of caring for the community like they should.

Rental squeeze spreads to suburbs

After a weekend of foraging, thousands of people around the country are waiting nervously tonight to find out if they've been approved for a rental property. Most will be disappointed, in what has been described as the tightest rental market since World War II. Today there's yet more evidence of the depth of the crisis, with more to come, after analysts BIS Shrapnel predicted apartment rents in Sydney will rise by more than 40 per cent over the next five years. The squeeze appears to be spreading beyond the inner cities to the outer suburbs, with stories emerging of the staggering lengths to which people are prepared to go to secure a lease. Ben Knight reports. BEN KNIGHT: It's Saturday morning, and the race is on. Each week, the queues of people looking through rental properties are growing longer.
Read More...

Inflation clues in lending

A SURGE in lending to property investors spurred on by strong employment levels and rising rental values is another indication that inflationary pressures may be building up in the economy.
However, economists and analysts say interest rates are likely to stay on hold at 6.25 per cent until the end of the year.
For a second consecutive month, home-loan approvals grew -- but below the expectations of economists. The 0.3 per cent rise in borrowing by owner occupiers was overshadowed by the major rise in lending to investors.
The strength of the rental market, which has vacancy levels of about 2 per cent nationally, helped increase loans to property speculators by 4.6 per cent to $6.1 billion.
St George chief economist Steve Ryan said that after two years of weakness the most encouraging aspect was the lift in loans to investors.

Commercial Finance Program Blows the Roof Off "Ugly House" Investing

Real Estate investor training goes to a different level with this commercial finance program. This commercial finance training is a home-based business that goes beyond "We Buy Houses."
Real Estate investing as a business strategy has skyrocketed in recent years, mainly because of late night advertisements promising the freedom to live the life of your dreams for only a few hours of work if you take their real estate training. These strategies have been proven time and time again to be effective for generating wealth in a home based business. Recently a whole new industry has been created by the success of this one strategy -- "ugly house investing." This type of real estate investing is also known "flipping" distressed properties and renovating them into sellable properties.

Property investors in Spain told not to be put off by legal issues

British property investors in Spain, which includes those operating in the buy-to-let market, have been advised to be aware of legal issues but not put off by them.Pierre Williams, a spokesman for property investment education firm Inside Track, said that what buyers needed to do was be aware of the issues and check things out thoroughly.He said: "The issue of developments going up without planning permission has been well aired and anybody buying in Spain should be aware of that. Any development which they consider must have this checked to see whether or not they are likely to have any difficulties in the future and to avoid buying in those areas."Once a property has been established as meeting all the legal criteria over planning permission, the buyer is in a favourable position, with the numerous advantages of buying in Spain coming to the fore.Included in these, he said, were the climate, infrastructure, good health service and well-established expat community, all favourable to British buyers.