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November 27, 2021

rental

Launching VacayMyWay: Vacation Rental Bookings, Simplified

@BreaknNews
Travel Industry Veterans Unveil No-Nonsense Vacation Rental Website Without Guest Service Fees DENTON, Texas – Nov. 18, 2021 – — VacayMyWay takes the confusion out of vacation rentals with a new, simplified vacation rental booking website. Founded on three principles – value, price transparency and open communication – vacaymyway.com provides travelers......

Customers allege rental car giant Hertz had them falsely arrested, some jailed for stealing cars

CBS News
CBS News – For more and to sign up click here Customers allege rental car giant Hertz had them falsely arrested, some jailed for stealing cars – CBS News Watch CBSN Live Rental car company Hertz is facing allegations from customers who say they were falsely arrested because the company......

House approves controversial short-term rental protections in overnight session

Detriot News
Detroit News – For more and to sign up click here House lawmakers approved legislation in a 55-48 vote early Wednesday that would prohibit cities and townships from banning short-term rental housing in an overnight session. Last-minute changes to the bill do not appear to have wooed opponents of the measure. The......

Tesla-Hertz EV deal signals to national rental car fleets it’s time to go electric

CNBC
CNBC – For more and to sign up click here The economics of the rental car industry give companies including Avis Budget Group and Enterprise Holdings multiple reasons to go slow on the adoption of electric vehicles. Just think of how much money they make every time a renter forgets......

Global RV Rental Company, Outdoorsy, Expands Business with Financial Arm Lead Bank

@BreaknNews
Outdoorsy Financial Services will support the growing community of RV owners with refinancing services, RV purchase loans, and future offerings KANSAS CITY, Mo. – Oct. 18, 2021 – — Outdoorsy, the most-trusted global online RV rental and outdoor travel marketplace, announced the launch of its financial services arm through a new......

Treasury says more rental aid is reaching tenants, preventing evictions

USA TODAY – For more and to sign up click here Celine Castronuovo The Treasury Department on Friday announced that the pace of federal rental aid payments amid the coronavirus pandemic picked up last month, with more than $2.3 billion distributed to households to help prevent evictions.  The federal agency......

California at risk of losing out on hundreds of millions in federal rental assistance, auditor warns

USA TODAY – For more and to sign up click here Celine Castronuovo The California state auditor is warning that residents could potentially lose hundreds of millions of dollars in federal rental assistance granted amid the coronavirus pandemic due to state officials’ delayed allocation of the money.  Auditor Elaine Howle......

Lawmakers look to make rental assistance more accessible to North Carolina landlords

USA TODAY – For more and to sign up click here Jason Schaumburg, The Center Square North Carolina lawmakers are trying to make it easier to get COVID-19 rental assistance into landlords’ hands. The North Carolina Senate gutted an unrelated bill, House Bill 110 , to allow for landlords to......

With national eviction protection gone, applying for rental assistance is key. Here’s what you need to know

CNBC Real Estate
Jianbi Chen | iStock | Getty Images Now that struggling renters are no longer protected by a national ban on evictions, it has become even more pressing for those households to get approved for federal rental assistance. Congress has allocated more than $45 billion in rental assistance to address the......

About 89% of Rental Assistance Funds Have Not Been Distributed, Figures Show

New York Times
Treasury Department and White House officials, speaking on a conference call Tuesday evening, acknowledged that the program was not ramping up fast enough to entirely prevent a wave of evictions, even if the justices allowed it to remain in place until its scheduled expiration date on Oct. 2. [Read more......

New York just surpassed San Francisco as the most expensive rental market in the U.S.

CNBC Real Estate
The setting sun reflects off One World Trade Center and the skyline of lower Manhattan in New York City as the moon rises on March 7, 2020 as seen from Jersey City, New Jersey. Gary Hershorn | Getty Images New York City now holds the top slot as the most......

Tlaib defends Detroit rental income amid conservative attacks

Detriot News
Detroit News – For more and to sign up click here U.S. Rep. Rashida Tlaib, an outspoken defender of tenants rights, is defending rental income she’s received as a landlord. Conservatives are criticizing the Detroit Democrat for sponsoring legislation that would cancel rents while receiving $15,000 to $50,000 in rent......

How this 32-year-old couple is redressing the multibillion-dollar fashion rental industry

CNBC
CNBC – For more and to sign up click here When husband and wife Chris Halim and Raena Lim saw an opportunity to redress sustainability issues in the fashion industry, they wanted to do so in style.   And the duo behind clothes rental app Style Theory certainly don’t do things......

This map shows how much rental assistance states have distributed

CNBC
CNBC – For more and to sign up click here The economy is improving from the worst of the pandemic, but the situation for struggling renters isn’t. For the last six months or so, more than 11 million renters have reported being behind. That lack of progress is largely due......

Rental bidding wars are heating up as the economy improves in a tight housing market

CNBC Real Estate
They are usually reserved for homebuyers, but bidding wars are becoming more common in the rental home market. Demand for apartment and single-family rentals is surging and outpacing supply. As the economy improves, workers are moving out of shared living situations and looking for their own homes. In addition, the......

An auto rental shortage sparked a boom in peer-to-peer car-sharing. Entrepreneurs are hopping on the trend

CNBC
CNBC – For more and to sign up click here Jordan Siemens | Stone | Getty Images When the coronavirus pandemic put a halt to nearly all travel, Anwar Ali was forced to store a fleet of cars he rents out through car-sharing platform Turo in an unused gym in......

How to get in on the booming single-family rental market without buying a house

CNBC Real Estate
Kseniya Ragozina | Getty Images Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise, which started in 2012 as a crowdfunding platform for commercial real estate, is broadening its......

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