Rental Agreements – BCN Stay http://bcn-stay.com/ Thu, 24 Nov 2022 14:25:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://bcn-stay.com/wp-content/uploads/2021/06/icon-2-150x150.png Rental Agreements – BCN Stay http://bcn-stay.com/ 32 32 USDA and Tribal Nations Reach Agreement | Agricultural News https://bcn-stay.com/usda-and-tribal-nations-reach-agreement-agricultural-news/ Thu, 24 Nov 2022 13:30:00 +0000 https://bcn-stay.com/usda-and-tribal-nations-reach-agreement-agricultural-news/ By Sylvia Gilmore, Manhattan, Kansas. Three Great Plains tribal nations are partnering with the U.S. Department of Agriculture to help conserve, maintain, and improve grassland productivity, reduce soil erosion, and improve wildlife habitat through the Wildlife Reserve Enhancement Program. conservation. The Cheyenne River, Oglala, and Rosebud Sioux Tribes enter into CREP agreements with the USDA […]]]>






By Sylvia Gilmore, Manhattan, Kansas.


Three Great Plains tribal nations are partnering with the U.S. Department of Agriculture to help conserve, maintain, and improve grassland productivity, reduce soil erosion, and improve wildlife habitat through the Wildlife Reserve Enhancement Program. conservation.

The Cheyenne River, Oglala, and Rosebud Sioux Tribes enter into CREP agreements with the USDA Farm Service Agency to enroll eligible grasslands, pastures, and other agricultural lands within their reservation boundaries for this conservation program.

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Short-term rental platform market will see huge growth by 2027: Tripping.com, Atraveo, Airbnb https://bcn-stay.com/short-term-rental-platform-market-will-see-huge-growth-by-2027-tripping-com-atraveo-airbnb/ Tue, 22 Nov 2022 00:42:42 +0000 https://bcn-stay.com/short-term-rental-platform-market-will-see-huge-growth-by-2027-tripping-com-atraveo-airbnb/ This press release was originally distributed by SBWire NJ New Jersey, USA – (SBWIRE) – 11/21/2022 – The short-term rental platform offers the ability to book hotels, houses, villas or any other property for travelers for accommodation in short term. The increase in people’s disposable income and level of comfort has driven consumers towards short-term […]]]>

This press release was originally distributed by SBWire

NJ New Jersey, USA – (SBWIRE) – 11/21/2022 – The short-term rental platform offers the ability to book hotels, houses, villas or any other property for travelers for accommodation in short term. The increase in people’s disposable income and level of comfort has driven consumers towards short-term rentals. Short-term rentals have taken a hit after the pandemic due to growing health and safety concerns and travelers looking for specious and tech rentals to make their stays memorable. Some platforms also offer other services such as ticket booking, carpooling, car rental, etc. to their customers.

Key players in this report include:
JLL (UK), Airbnb (US), Vrbo (US), Vacasa (US), TurnKey Vacation Rentals, Inc. (US), Booking.com (Netherlands), FlipKey (United States), Hotels. com (US), HomeToGo (Germany), Tripping.com (US), Homestay.com (Ireland), Atraveo (Germany), Interhome (Switzerland)

Download Sample PDF Report (including full TOC, Table and Figures) @ https://www.advancemarketanalytics.com/sample-report/185786-global-short-term-rental-platform-market# utm_source=SBWireVinay

The latest published study on Global Short Term Rental Platform Market by AMA Research assesses the market size, trend and forecast till 2027. The Short Term Rental Platform market study covers data important research and proves to be a handy reference document for managers, analysts, industry experts and other key people to have a ready-to-access, self-analyzed study to help understand trends of the market, growth drivers, upcoming opportunities and challenges and about competitors.

Market trend:
– Offers other services such as car rental, flight reservations, etc. by the platform
– Growing popularity of hotel-style short-term rentals among travelers

Market factors:
– Rapid growth in business travel due to globalization and easy availability of flights
– Increase in the use of digital platforms to get the best suitable rentals at an affordable price

Market opportunities:
– The inclination of consumers towards contactless and techno stays due to the Covid-19 pandemic

The Global Short Term Rental Platform Market segments and market data breakdown are illustrated below:
by type (web-based, app-based), traveler type (leisure, business, other), rental type (hotel rooms, homes, pet-friendly rentals, premium rentals, luxury villas)

The Global Short Term Rental Platform Market report highlights information regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders take sound decisions that can help ensure the trajectory of earnings over the forecast years.

You have a question ? Market Inquiry Before Buy @ https://www.advancemarketanalytics.com/enquiry-before-buy/185786-global-short-term-rental-platform-market#utm_source=SBWireVinay

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
– The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egypt, etc.)
– North America (United States, Mexico and Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia).

Report objectives
– – Carefully analyze and forecast the Short Term Rental Platform market size by value and volume.
– -To estimate the market shares of the main segments of the short-term rental platform
– – To present the Short Term Rental Platform market development in different parts of the world.
– – To analyze and study the micro markets in terms of their contributions to the Short Term Rental Platform market, their prospects, and individual growth trends.
– -Offer accurate and useful details on the factors affecting the growth of the short term rental platform
– -To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Short Term Rental Platform market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers , new developments and product launches.

Buy Now Full Assessment of Short Term Rental Platforms Market @ https://www.advancemarketanalytics.com/buy-now?format=1&report=185786#utm_source=SBWireVinay

Main highlights of the table of contents:
Short Term Rental Platform Market Research Coverage:
– It includes major manufacturers, emerging player’s growth story and major business segments of Short Term Rental Platform market, years considered and research objectives. Further, segmentation based on product type, application, and technology.
– Executive Summary of Short Term Rental Platform Market: It provides a summary of global studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, as well as macroscopic indicators.
– Short-Term Rental Platforms Market Production by Regions Short-Term Rental Platforms Market profile of manufacturers-players is studied on the basis of SWOT, their products, production, market worth, their finances and other vital factors.
– Key Points Covered in the Short Term Rental Platforms Market Report:
– Overview, Definition and Classification of Short Term Rental Platform Market Drivers and Barriers
– Competition in the short term rental platform market by manufacturers
– Analysis of impact of COVID-19 on the short-term rental platform market
– Short Term Rental Platform Capacity, Production, Revenue (Value) by Region (2021-2027)
– Short Term Rental Platform Supply (Production), Consumption, Export, Import by Region (2021-2027)
– Short Term Rental Platform Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
– Short Term Rental Rig Manufacturers Profiles/Analysis Short Term Rental Rig Manufacturing Cost Analysis, Industry/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
– Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

Browse Full Summary & TOC @ https://www.advancemarketanalytics.com/reports/185786-global-short-term-rental-platform-market#utm_source=SBWireVinay

Answers to key questions
– How feasible is the short-term rental platform market for long-term investment?
– What are the factors influencing the demand for short term rental platform in the near future?
– What is the impact analysis of various factors on the growth of the global Short Term Rental Platform market?
– What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

For more information on this press release, visit: http://www.sbwire.com/press-releases/short-term-rental-platform-market-to-see-huge-growth-by-2027-trippingcom -atraveo-airbnb-1366717.htm

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More than $43,000 lost by victims https://bcn-stay.com/more-than-43000-lost-by-victims/ Wed, 16 Nov 2022 04:58:18 +0000 https://bcn-stay.com/more-than-43000-lost-by-victims/ A 42-year-old woman will be charged on Wednesday November 16 for her alleged involvement in a series of rental scams. Police said they received eighteen reports of home rental scams involving more than $43,000 lost by victims between June and November 2022. The victims had posted advertisements online looking for a place to rent and […]]]>

A 42-year-old woman will be charged on Wednesday November 16 for her alleged involvement in a series of rental scams.

Police said they received eighteen reports of home rental scams involving more than $43,000 lost by victims between June and November 2022.

The victims had posted advertisements online looking for a place to rent and the woman had contacted them to offer them her place.

“Unbeknownst to the victims, the woman was in the process of selling the property to a new landlord and had received rent advances and payments from him before signing the rental agreements,” police added.

Through follow-up investigations, officers from the Woodlands Police Division established the woman’s identity and arrested her on Monday.

The woman will be charged in court with cheating, which carries a prison sentence of up to 10 years and a fine.

Members of the public are reminded to beware of such scams and to adopt the following crime prevention measures:

  • Do not pay a deposit until the rental is confirmed and pay the rental deposit and the rents by check or by bank transfer for proof;

  • Visit the accommodation you intend to rent to confirm its existence, condition and signs of multiple sublets; and

  • Verify the identity of the person(s) you are dealing with and their relationship to the accommodation, particularly when you are not engaging the services of a licensed estate agent or registered sellers.

For more information on the scams, members of the public can visit scamalert.sg or call the Anti-Scam Hotline at 1800-722-6688.

Anyone with information about such scams can call the police hotline at 1800-255-0000 or submit information online at www.police.gov.sg/iwitness.

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U of M Extension helps separated and divorced parents keep their children’s needs front and center – West Central Tribune https://bcn-stay.com/u-of-m-extension-helps-separated-and-divorced-parents-keep-their-childrens-needs-front-and-center-west-central-tribune/ Sun, 13 Nov 2022 13:03:00 +0000 https://bcn-stay.com/u-of-m-extension-helps-separated-and-divorced-parents-keep-their-childrens-needs-front-and-center-west-central-tribune/ FERGUS FALLS – Divorce can be a difficult and painful journey to navigate, even when the path leads to a place of prosperity. Over the past 25 years, the University of Minnesota Extension has helped improve the experience, especially for children, by supporting family resilience through divorce, separation, and transition. a change of guard. Parents […]]]>

FERGUS FALLS – Divorce can be a difficult and painful journey to navigate, even when the path leads to a place of prosperity. Over the past 25 years, the University of Minnesota Extension has helped improve the experience, especially for children, by supporting family resilience through divorce, separation, and transition. a change of guard.

Parents Forever reaches parents and caregivers through referrals from court systems concerned with contentious divorce situations. The program is offered online and in person with Extension-trained facilitators and is available in many community settings.

Mary Matteson, Community Education Director of Fergus Falls, has facilitated the course as an extension-trained instructor since its inception. “It works,” she said. “The course explains how you and your co-parent are going to take care of your children now that you are not together, but it is like this metaphor of how the flight attendants say that you have to put on your own mask first to oxygen. I like to start with lessons on how to take care of yourself because parents are so overwhelmed at first. »

Phyllis Onstadt knows the feeling. The now-retired extension educator was one of the authors of the program in 1997. Although she was a family and financial educator at the time, she felt hopeless over her own divorce. “As an educator, I looked for educational programs that could help make sense of all of these aspects of divorce,” she says. “There were none.”

To develop the Parents Forever course, Onstadt and colleagues like retired educator Minnell Tralle spoke with judges, social workers, financial counselors and mental health experts about ways to reduce the negative impact of divorce on the children.

They decided to participate in the sessions separately for each parent before having them interact to create a mutually agreed-upon parenting plan.

“The program has stood the test of time,” says Ellie McCann, an Extension family resilience educator who is responsible for keeping the program current and training facilitators. “It helps all kinds of families, including blended families with all these complexities.”

I learned a lot of different strategies and tools to help me not only be the parent I want and need to be, but also how to get through my divorce with a positive outcome.

Parents Forever Participant

Parents Forever supports families

Parents Forever, a course offered by the University of Minnesota Extension, focuses on building healthy relationships between children and parents during and after divorce.

University of Minnesota Extension

Six months after taking the Parents Forever course:

  • 98% of participants said they had adapted their parenting role to better meet the needs of their children.
  • 94% said they had used or somewhat used one of the co-parenting strategies learned.
  • 96% of parents said they never or rarely speak negatively about the other parent in front of their children.

Parents who have followed Parents Forever have reported a variety of positive changes in their parenting. They also reported an increase in their children’s social behaviors, such as helping others.

When parents learn how dysfunctional behaviors negatively affect their children, they open up to healthier alternatives taught in the Parents Forever course. These behaviors can include:

  • Merry Mom, or Disneyland Dad: Parents buy lots of gifts for children or keep them up late because they want to spend time with them and be the favorite parent.
  • I spy and the secret keeper: Parents ask children about the life of the other parent and the people they see, which makes children feel loyalty. Or a parent asks the children to keep secrets from the other parent.
  • Messenger: A parent asks a child to send information to the other parent about plans, pick-up times and changes in plans which could be bad news.
  • To file: A parent says insulting things to the child about the other parent, such as being bad with money or only caring about their favorite sport.

Finding and keeping a home is an important step in maintaining a stable home environment. Extension’s free online Renter 101 course gives participants an overview of the tools and strategies needed to secure housing, helping them become responsible renters by learning:

  • How to wisely manage financial resources to pay rent on time each month.
  • How to choose adequate, safe and affordable housing.
  • How to communicate effectively.
  • How to maintain a house.
  • How to navigate the rental process. This includes learning about selection, tenancy agreements, security deposits and moving.

This course requires no registration and lasts approximately one hour. Participants receive a certificate and can repeat the course as often as necessary.

This article is republished with permission from the University of Minnesota Extension.

Allison Sandve, Extension’s Head of News Media, can be reached at ajsandve@umn.edu, 612-626-4077 (office) or 651-492-0811 (mobile). Contact Extension Communications at extnews@umn.edu.

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Evo secures £750,000 seed funding https://bcn-stay.com/evo-secures-750000-seed-funding/ Fri, 11 Nov 2022 02:38:29 +0000 https://bcn-stay.com/evo-secures-750000-seed-funding/ London United Kingdom, October 2022: Evo has secured an additional £750,000 in seed funding, backed by GroVentive, to continue its growth strategy in the £30 billion UK rental industry. By digitizing property repair, maintenance, and compliance services, Evo saves landlords significant costs, takes the hassle out of property management, and improves the tenant experience. There […]]]>
London United Kingdom, October 2022: Evo has secured an additional £750,000 in seed funding, backed by GroVentive, to continue its growth strategy in the £30 billion UK rental industry.

By digitizing property repair, maintenance, and compliance services, Evo saves landlords significant costs, takes the hassle out of property management, and improves the tenant experience.

There are currently over 10 million rental properties in the UK, and as people seek greater flexibility, tenants are expected to outnumber owners by 2039.

Evo’s app allows tenants to report an issue within 30 seconds, effortlessly track its progress, schedule repair work at a convenient time, and communicate directly with the tradesperson. This, combined with market-leading real estate knowledge, Evo enjoys first-time resolution rates in excess of 90%.

Evo’s technology automates much of the communication and administration process involved with onboarding tenant properties and the repair event itself, reducing landlord costs and providing comprehensive property information. and wallet in one click.

Co-founder and CTO, Dean Shepherd said, “In a world where we wouldn’t consider buying a used car without a maintenance history, thousands of people sign leases every day without knowing the history of their next home. We believe repair, maintenance and compliance history should be available to every tenant and we work hard to make it a reality.

Evo is here to transform the experience and economy of repairs, maintenance and compliance for owners, renters, agents and tradespeople. With the Tenants Reform Bill due to come into force in the next few months, it is time for the UK rental sector to come out of the dark ages and embrace technology to drastically reduce the £20billion annual costs currently incurred by landlords, while improving the tenant experience and helping to tackle the UK homelessness crisis.

Given the macro backdrop, we are delighted to have secured the additional investment which we believe underscores the strength of our business model and latent market demand.

Jonathan Wicks, Chief Strategy Officer at GroVentive, said: “We are always keen to support high growth companies such as Evo, with a differentiating proposition in the market they operate in, a well thought out product that meets a clear demand customers and a well thought out solution. business strategy executed.

EVO currently works with private landlords, BTRs, letting agents, housing associations and local authorities as part of its shared mission to support people’s access to decent and quality housing.

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International Workplace Group lowers earnings forecast https://bcn-stay.com/international-workplace-group-lowers-earnings-forecast/ Tue, 01 Nov 2022 10:03:22 +0000 https://bcn-stay.com/international-workplace-group-lowers-earnings-forecast/ IWG lowers profit forecast despite strong quarter for office leasing group as demand for hybrid work continues IWG expects its annual profit to be between £304m and £380m But the group saw its latest quarterly revenue rise 25% to £737m By Jane Denton for Thisismoney Published: 6:03 a.m. EDT, November 1, 2022 | Updated: 6:03 […]]]>

IWG lowers profit forecast despite strong quarter for office leasing group as demand for hybrid work continues

  • IWG expects its annual profit to be between £304m and £380m
  • But the group saw its latest quarterly revenue rise 25% to £737m

Office space rental company International Workplace Group now expects its full-year profit to be at the lower end of market forecasts.

While the group said demand for hybrid labor remained robust, it told investors inflationary pressures were limiting its ability to fully recover from the Covid-19 pandemic.

The group now expects its adjusted core profit for the full year to be at the lower end of the forecast, between £304m and £380m.

Future outlook: International Workplace Group has revealed that it expects its full-year profit to be at the lower end of market forecasts

IWG shares were down 2.16% or 2.85p at 129.15p this morning, after falling more than 57% last year.

In an update for the quarter to September 30, the group said revenue rose 25% year-on-year to £737million.

The IWG reported a resurgence of “unfunded” deals. These contracts typically involve a fee structure, no capital expenditure by IWG, and no lease liabilities.

The group closed 252 small-cap contracts in the first nine months of the year, accounting for around 90% of all new deals.

Group boss Mark Dixon said: “The significant shift to hybrid working is driving strong demand for our flexible working products and creating a long-term tailwind for IWG as businesses around the world respond to the twin effects of economic uncertainty and their employees’ desire to work flexibly.

“To meet this demand, our innovative small-cap growth strategy allows us to capitalize on the growing pipeline of commercial property owners and landlords looking to maximize their returns by partnering with IWG.

“The third quarter showed continued strong revenue growth, improved margins and underlying cash generation. We are well positioned to deliver full year results and enter 2023 with a solid foundation to generate additional growth and reduce leverage.

Victoria Scholar, Head of Investments at Interactive Investor, said: “The global leader in hybrid workspaces is grappling with the structural decline in demand for office space post-pandemic.

“Covid-19 has accelerated an existing trend which was the shift from office work to home working and hybrid working arrangements.

“Commercial property has struggled considerably as many households have sought larger flats and houses to accommodate a home office outside major cities such as London.

“Like many businesses, IWG has also been struggling with macroeconomic headwinds, including a slowing UK economic outlook and rising inflation, which is driving up costs sharply.

“IWG has gone through an extremely difficult time during the pandemic, but stocks have now fallen below their 2020 lows as the rally in late 2020 and early 2021 proved to be short-lived. The stock has been under pressure since April last year, with shares having fallen around 60% in the past year.

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VICI, O or IRM: Which REIT is more attractive in the midst of a looming recession? https://bcn-stay.com/vici-o-or-irm-which-reit-is-more-attractive-in-the-midst-of-a-looming-recession/ Sat, 29 Oct 2022 08:57:08 +0000 https://bcn-stay.com/vici-o-or-irm-which-reit-is-more-attractive-in-the-midst-of-a-looming-recession/ Real estate investment trusts, or REITs, are an attractive investment option amid the current turmoil. REITs generate steady cash flow from rental income. They are required to return at least 90% of their taxable income as dividends, making them attractive to income-oriented investors. We will discuss three REITs – VICI Properties (NYSE:VICI), real income (NYSE: […]]]>

Real estate investment trusts, or REITs, are an attractive investment option amid the current turmoil. REITs generate steady cash flow from rental income. They are required to return at least 90% of their taxable income as dividends, making them attractive to income-oriented investors. We will discuss three REITs – VICI Properties (NYSE:VICI), real income (NYSE: O), and Iron Mountain (NYSE: MRI) – and use TipRanks’ stock comparison tool to choose which one can generate the best returns.

VICI properties (VICI)

VICI Properties has one of the largest portfolios of gaming, hospitality and entertainment properties, including Caesars Palace Las Vegas and the MGM Grand. The company’s triple net leases with top tenants ensured 100% rental collection during the COVID-19 pandemic. Under triple net leases, the tenant is responsible for paying all property expenses related to ongoing maintenance and operation, including taxes and insurance.

This week, VICI released its third quarter results. Revenue grew 100% year-over-year to $751.5 million, while adjusted funds from operations (AFFO) per share increased 8.5% to $0.49 . The results reflect the impact of the company’s acquisitions of MGM Growth Properties LLC and the land and real estate assets of The Venetian Resort Las Vegas. VICI has slightly revised its 2022 AFFO guidance per share to the range of $1.91 to $1.92, from the previous guidance range of $1.89 to $1.92.

Last month, VICI increased its quarterly dividend per share by 8.3% to $0.39. The company offers an annual dividend yield of 4.79%.

Is VICI a good stock to buy?

Following the third quarter results, Deutsche Bank analyst Carlo Santarelli reiterated a buy rating on VICI stock, but cut his price target to $37 from $39 to reflect a multiple lower target valuation. Santarelli believes that in the current environment, VICI is “more compelling” to REIT investors based on the historical stability of lease payments.

VICI Properties stock earns Street’s Strong Buy Consensus Rating based on 10 unanimous buys. VICI’s average stock price target of $36.43 implies 13.4% upside potential. Shares are up 6.7% year-to-date.

Property income (O)

Realty Income’s portfolio includes 11,427 properties located in 50 US states, Puerto Rico, the UK and Spain. It primarily focuses on independent single-unit commercial properties under long-term net lease agreements with leading global operators, such as Walgreens (WBA), General dollar (CEO), Dollar tree (LTRD) and FedEx (FDX).

Realty continues to strengthen its portfolio with acquisitions of high quality real estate. After investing more than $3.2 billion in the first half of 2022, the company raised its full-year acquisition guidance to more than $6 billion.

Also known as “The Monthly Dividend Company,” Realty recently declared its 628th consecutive monthly dividend ($0.25) and has increased its dividend 117 times since going public in 1994. The annual dividend yield of this dividend aristocrat stands at 4.87%.

Realty Income is well positioned to support its attractive dividends. In the second quarter, the company’s AFFO per share rose 10.2% to $0.97.

What is the target price of real estate income?

Recently, Mizuho analyst Handel St. Juste downgraded Realty Income stock to Hold from Buy and lowered the price target from $76 to $61. The analyst cited lower investment spreads relative to peers, high acquisition expectations and increased currency headwinds as reasons for his ratings upgrade.

Overall, the Street is cautiously bullish on Realty Income stocks, with a moderate buy consensus rating based on seven buys and three takes. The average Realty Income stock price target of $70.85 implies approximately 14% upside potential. The shares are down 13% since the start of the year.

Iron Mountain (MRI)

Iron Mountain is a specialty REIT that provides information storage and management services. Its real estate network includes nearly 1,380 establishments in 59 countries (at the end of Q2). Its wide range of services includes digital transformation, data centers, secure records storage, information management, artwork storage and logistics, and asset lifecycle management.

In the second quarter, Iron Mountain’s revenue rose 15.2% to $1.29 billion. The company’s storage rental revenue accounted for 58.4% of overall second-quarter revenue, while service revenue contributed the rest. Notably, the company’s services revenue is growing at a faster rate than its storage rental revenue. AFFO per share rose 9.4% to $0.93.

The company expects full-year revenue growth of between 14% and 17% and AFFO growth per share of 6% to 10%.

At its September Investor Day event, Iron Mountain revealed plans to grow revenue at a CAGR of around 10% to $7.3 billion in 2026. The company plans $4 billion in spending in capital over the 2023-2026 period to support its growth plan.

With a quarterly dividend per share of $0.62, the company’s annual dividend yield is 5.02%.

Is MRI a purchase?

Iron Mountain earns the consensus strong street buy rating based on four unanimous buys. The average Iron Mountain stock price forecast of $60.50 implies nearly 21% upside potential. IRM stock is down 4.2% so far this year.

Conclusion

The three REITs we discussed offer comparable dividend yields. However, currently, Wall Street sees greater upside potential in Iron Mountain shares than in VICI Properties and Realty Income.

Unlike the other two REITs, Iron Mountain is not known for its dividend increases. The company is investing aggressively in its growth initiatives. With rapid digitalization and the transition to the cloud, strong demand for data centers is expected to drive Iron Mountain’s future growth.

Disclosure

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Inflation will outpace wage growth for some time – Forbes Advisor Australia https://bcn-stay.com/inflation-will-outpace-wage-growth-for-some-time-forbes-advisor-australia/ Wed, 26 Oct 2022 10:04:51 +0000 https://bcn-stay.com/inflation-will-outpace-wage-growth-for-some-time-forbes-advisor-australia/ The sky-high cost of living is the biggest problem for Australians right now, and the latest budget has brought some bad news. As the budget revealed, wages will be slightly higher than expected, but inflation will be much higher than expected. Inflation will reach almost 8% in the last three months of this year and […]]]>

The sky-high cost of living is the biggest problem for Australians right now, and the latest budget has brought some bad news.

As the budget revealed, wages will be slightly higher than expected, but inflation will be much higher than expected. Inflation will reach almost 8% in the last three months of this year and should now take more than a year to come down. It is only in 2024-25 that we will see wages growing faster than prices, as the following chart shows.

That leaves the Australians further behind. Your salary increases, but he buys less in stores than before. It’s an awful calculation. Things are even bleaker for those who do not use their wages to buy their daily bread. If you have savings, they will probably shrink even faster than wages. If prices go up 6% this year and your bank account is paying 2% interest, you have a 4% spread. That’s a 4% drop in purchasing power this year alone.

If you have a retirement pension invested in stocks, the math could be even worse. If the value of your portfolio is down 10% this year and the purchasing power of its value is down 6%, the purchasing power of your super is down 16%. Better to hope that those dividends are good (indeed, some stocks pay dividends above inflation.)

One way to see how this is going is to look at the budget forecast for consumer spending.

It shows that household consumption will increase by 1.25% in 2023-2024, compared to 6.5% this year. This is less than population growth (expected at 1.4% in 2023-24), which means a collapse in spending per capita. This hinders economic growth.

Wasn’t the budget supposed to reduce the cost of living?

The cost of living measures promised by the Treasurer? Well, they are certainly “responsible and focused”, as he put it. For some people, they will make a difference. But for most households, the difference will be small. A few points to highlight:

  1. Subsidies for child care are increasing. The government will invest $1.35 billion over the next fiscal year to make child care less expensive. The highest subsidy increases from 85% to 90%. More than a million families use child care, which could net them a decent savings of $20 a week or more. However, for 90% of Australian households (shared houses, people living alone, young couples, families with older children, pensioners), this does not change anything.
  2. The government is reducing the co-payment for treatment under the Pharmaceutical Benefits Scheme by $12.50 from $42.50 to $30. A small group of people can benefit a lot (although the sickest are saved by another policy: the safety net). For most people, this will be minor.
  3. Paid parental leave. The government is extending paid parental leave. It is a good policy. However, it is unclear why they placed this in the cost of living section of the budget. It does not reduce prices for anyone. I guess they needed things to add to this section.
  4. The government’s plan to “build a million homes”. It starts in 2024. And houses don’t spring up overnight like mushrooms after rain. Let’s see.
  5. There is also a tax reduction for electric cars that cost less than $80,000. They no longer attract the 5% import duty.

The changes are “responsible, not reckless – to make life easier for Australians, without adding to inflation”, Treasurer Chalmers said.

As for which prizes matter most? Rents are going up. The budget says this:

“Rental costs are expected to rise significantly over the next two years as the rental market remains tight amid stronger population growth and limited housing stock. Nationally advertised rents have risen sharply over the past year, by 10% through September 2022. As new leases are entered into and existing ones renegotiated, rental costs prices, as reflected in the CPI, are expected to rise.

The budget offers little beyond that observation though. Rising rents are great news if you’re a landlord who can bring in a new tenant. Your income increases. But if you are a tenant? Yeah.

Exception to the rule

The only exception to the rising price rule in Australia is for established homes. Established houses are not included in the CPI. This omission lowers the CPI when house prices rise and supports the index when house prices fall.

So the only thing where your money will go further these days is buying a house. In Sydney, a house that would have cost you $1.1 million in 2021 will now cost around 10% less.

This saving can be more effective if you pay in cash. If you’re borrowing, expect a big increase in mortgage payments compared to 2021. (Also remember, inflation will make a big mortgage look small in the long run.)

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For East Palo Alto Homeowners, Measure L Would Raise Taxes | New https://bcn-stay.com/for-east-palo-alto-homeowners-measure-l-would-raise-taxes-new/ Fri, 21 Oct 2022 18:44:41 +0000 https://bcn-stay.com/for-east-palo-alto-homeowners-measure-l-would-raise-taxes-new/ A measure to raise the business tax to 2.5% that would affect almost all residential owners who own property in East Palo Alto will be presented to voters on November 8. East Palo Alto’s L measure—not to be confused with Palo Alto’s L measure, which would allow gas utility profits to continue to support that […]]]>

A measure to raise the business tax to 2.5% that would affect almost all residential owners who own property in East Palo Alto will be presented to voters on November 8.

East Palo Alto’s L measure—not to be confused with Palo Alto’s L measure, which would allow gas utility profits to continue to support that city’s general fund—would increase the existing business tax by 1.5 % on a residential landlord’s gross receipts at 2.5%, and landlords could not pass the tax on to their tenants.

According to the text of the measure, the tax would generate about $1.48 million a year, which would be used to fund general public works such as affordable housing, provide rental support to tenants, and protect local residents from displacement and homelessness.

The new measure would differ from the current iteration by taxing all homeowners, regardless of how many units they own. The current 1.5% tax, approved by voters as part of Measure O in 2016, applies to landlords who own five or more rental units.

The tax cannot be passed on to tenants who are protected by the city’s rent control ordinances. Taxes would likely not be passed on to other tenants, as landlords typically charge rent at the maximum rate the market will bear, the city noted in the text of the ordinance.

East Palo Alto tenants were increasingly displaced as the town became more attractive. Violent crime has fallen sharply in recent years. Speculators, investors, and buyers of technology and higher incomes flocked to the city to escape unreachable property prices in surrounding towns. The city is also located in the center of Silicon Valley where lucrative jobs are nearby.

East Palo Alto has a long history of rent control in an attempt to curb gentrification and housing loss among its largely working-class residents, most of whom are people of color or immigrants. Soaring housing prices without a commensurate increase in affordable housing have forced many longtime residents, including many seniors, out of town. Many have lived in East Palo Alto for decades.

Some residents have become homeless due to steep rent increases. In a glaring example, local residents marched to Palo Alto to protest in 2017 after the landlord, a limited liability company with no connection to East Palo Alto, suddenly raised a family’s rent by more than $1,000 per month.

The city has a long history of rent control measures. Voters in 1984 approved a rent control ordinance, which the city said allowed a “fair return” to landlords’ investment while limiting large rent increases that would displace the most vulnerable. The California legislature, however, weakened the rent control ordinance in 1999 by imposing a “vacancy release” on rent-stabilized units. Landlords were therefore allowed to increase rents up to full market value and beyond each time a new tenant moved in.

As a result, more than 85% of the city’s older rental apartments experienced an increase in vacancy. Newer buildings are entirely exempt from rent stabilization, the city noted.

Most of the money from these rent increases goes to landlords who don’t live in town and don’t spend their money there.

“This transfer creates hardship for low- and middle-income tenants, depletes the economic health of the community (less money for families to spend on local purchases and services), and increases the need for public services of all kinds. , including affordable housing and homelessness prevention,” the city noted in the published text of the measure.

Extending the existing tax to cover all homeowners would capture a portion of the rental income stream for the benefit of the community, the city explained.

A “no” vote would keep the current tax rate of 1.5% and only apply to rentals of five or more units, according to a partial analysis by Acting City Attorney Valerie Armento. The city council would have the power to reduce or remove the tax without voter approval.

Measure L would allow for certain limited exemptions. Landlords could apply for a one-year hardship exemption to be approved by the Rent Stabilization Administrator.

Other exemptions would include:

• Not-for-profit corporations that rent out their units for affordable housing.

• Units rent-controlled under federal or state law, deed restrictions, or agreements with government agencies at affordable rental rates for households earning no more than 80% of median income area (AMI), where tenants must be income qualified.

• Units occupied by tenants who receive monthly rental assistance, such as Section 8 or Shelter+Care vouchers from the San Mateo County Housing Department.

• Any dwelling unit during the first three years following the issue of a certificate of occupancy.

• A single room without a kitchen rented in a residential unit.

• Secondary accommodation (UDA) or junior accommodation.

The ordinance would require property owners who are exempt from the tax to pay an annual fee according to a schedule established by the city. Owners who fall under the tax category would not have to pay for the business license.

Measure L has the support of community religious leaders and affordable housing advocates, including Father Lawrence Goode, rector of St. Francis of Assisi Church; Pastor Paul Bains, president of WeHope; and “Mama Dee” Appollonia Uhila, director of Anamatangi Polynesian Voices, who, along with Mayor Ruben Abrica and Vice Mayor Lisa Gauthier, presented the voting guide’s argument in favor of Measure L.

Rents in the city have skyrocketed 70% over the past nine years, creating a housing affordability crisis with rising evictions and homelessness, they said. The owners, most of whom live out of town, received about $25 million a year in additional income.

The measure would help the city prevent evictions “by creating an emergency housing assistance fund; helping landlords avoid foreclosure; supporting efforts to preserve and expand affordable housing and help prevent homelessness.” , they wrote.

Measure L also requires the city to annually review fundraising expenditures and seek public input on how the money is being used, they noted.

Opponents of the measure did not provide arguments in the ballot guide and did not openly campaign against it.

The measure requires a simple majority to pass.

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Changes to Residential Tenancy Rules for Farm Landlords https://bcn-stay.com/changes-to-residential-tenancy-rules-for-farm-landlords/ Sat, 15 Oct 2022 23:26:40 +0000 https://bcn-stay.com/changes-to-residential-tenancy-rules-for-farm-landlords/ New residential tenancy legislation continues to be introduced across Britain, making the tenancy process for rural landlords increasingly complex and demanding. Many of the recent changes aim to make the private rental market better, safer and fairer – a goal shared by responsible landlords who already provide quality housing. There is a wide range of […]]]>

New residential tenancy legislation continues to be introduced across Britain, making the tenancy process for rural landlords increasingly complex and demanding.

Many of the recent changes aim to make the private rental market better, safer and fairer – a goal shared by responsible landlords who already provide quality housing.

There is a wide range of new and evolving regulations in the sector, with decentralized regions each taking their own approach.

So, tracking an owner’s legal responsibilities and ensuring compliance can take a lot of time and effort.

See also: Find out the average agricultural rents where you live 2022

Some of the new requirements owners should be aware of include the following, along with other changes that appear to be on the way.

Smoke and carbon monoxide alarms

England

The Smoke and Carbon Monoxide Alarms (Amendment) Regulations 2022 came into force on October 1, 2022.

The installation of at least one smoke alarm is a requirement for each floor of a house rented since 2015.

From now on, all owners are required to ensure that a carbon monoxide alarm is installed in all rooms of their dwelling containing a fixed combustion appliance.

This includes gas fireplaces, wood-burning stoves and oil or gas boilers, but excludes gas stoves.

Owners are legally obliged to repair or replace alarms once notified that they are faulty – although testing remains the responsibility of the occupier.

Wales

The Renting Homes (Wales) Act 2016 will come into force on 1 December 2022.

It will contain a requirement for homeowners to install a carbon monoxide detector in every room that contains a gas, oil or solid fuel burning appliance.

Such detectors can be battery powered.

All landlords are also required to have a smoke alarm on each floor of a dwelling.

These must be connected to the power supply and interconnected to all other smoke detectors on the property – meaning that if an alarm goes off, they all go off.

Scotland

Private owners have been required to have interconnected smoke and heat detectors for some time. Where there is a charcoal appliance, there should also be a carbon monoxide detector.

Electrical safety checks

The Renting Houses (Wales) Act will also require landlords in Wales to ensure that the electrical installations of a rented property are inspected by a suitably qualified person every five years to ensure that they comply with electrical safety standards.

This is similar to legislation that has been in place for some time in England and Scotland.

© Gareth/Adobe Stock

Right to lease checks

The temporary rules for rent entitlement checks, introduced in response to Covid-19, ended on September 30, 2022.

For the past two years, it has been possible to perform paper checks of identity documents via video call.

However, owners or their agents are now required to meet the applicant in person to carry out the checks.

Energy efficiency standards

England and Wales

Minimum Energy Efficiency Standards (MEES) were first implemented in 2018.

They introduced a requirement for residential landlords to ensure any new rentals have an Energy Performance Certificate (EPC) with a minimum rating of E, unless the property qualifies for an exemption.

The government has since consulted on raising the minimum EPC rating to C for new residential rentals from 2025 and for existing residential rentals from 2028.

Although he has yet to announce the outcome of the consultation, the rules are widely expected to get tougher.

Scotland

As part of its Heat and Buildings Strategy, the Scottish Government has announced plans to introduce regulations requiring all private let properties to achieve a minimum standard equivalent to EPC C by 2025, when changing lease, with a 2028 backstop for all remaining existing properties. Properties.

Other lease changes

Contract conversions in Wales

The Renting Houses (Wales) Act will bring other important changes for landlords in Wales from 1 December 2022.

At this stage, all existing rental contracts will be converted to ‘occupancy contracts’, with private landlords using ‘standard’ occupancy contracts.

Where there is a fixed term Assured Short Term Rental (AST), this will be converted to a standard fixed term occupancy contract.

If it is a periodic AST, it will be converted into a periodic standard contract.

If there is a new occupier, owners will be required to provide a written statement of the contract within 14 days of the date of occupancy.

For converted contracts, they have up to six months from December 1, 2022 to provide an existing tenant or licensee with a written statement of the contract.

The new law also requires the landlord to ensure that the dwelling is fit for human habitation, and a contract holder will not be required to pay rent for any period in which the property is deemed unfit.

Obligations include electrical safety as well as proper smoke and carbon monoxide detection.

Tenants Reform Bill (England)

A Tenant Reform Bill has been included in the 2022 Queen’s Speech, with significant implications for landlords and tenants in England.

If it becomes law, landlords will no longer be able to serve notices under Section 21 – known as “no-fault” evictions – unless they have valid grounds for repossession, in “reasonable circumstances”.

These grounds will be defined by law and will include, for example, cases of anti-social behaviour.

All renters who previously would have had an insured rental or an insured short-term rental will be moved to a single system of recurring rentals, meaning there will be no more fixed-term rentals.

The tenant notice period will also be set at two months (currently generally one month), to give landlords more time to find new tenants and minimize loss of income.

At the same time, new grounds for possession will be introduced under Article 8 to allow landlords to repossess rental property if they wish to sell it or if they or an immediate family member wish relocate.

It should be noted that Scotland has already abolished no-fault expulsions.

The Tenant Reform Bill also emphasizes the application of the Decent Housing Standard to privately rented accommodation to improve the quality of housing.

While meeting these standards is not too onerous for most homeowners, the main difference is that when kitchens and bathrooms reach a certain age (20 years for kitchens and 30 years for bathrooms) , they should be replaced rather than repaired.

Help for Scottish residential tenants

On October 6, an eviction ban and freeze on rent increases announced on September 6, 2022 was enacted through the Cost of Living (Tenant Protection) Bill.

This gives ministers temporary power to cap rents for private and social tenants, as well as student accommodation, and is initially in force until the end of March next year.

The rent increase cap is currently set at 0% and applies to any notice of rent increase from September 6, 2022 to at least March 31, 2023.

Notices served before September 6, 2022 can be executed as normal and the rent freeze does not apply to new tenancies, only mid-tenancy increases.

The rent ceiling can be changed while it is in effect and the measures can be extended for two further six-month periods.

Except in limited circumstances, the bill prevents the enforcement of deportation orders resulting from the cost of living crisis.

It also increases damages for unlawful evictions to a maximum of 36 months’ rent.

A new deal for tenants (Scotland)

In addition, the Scottish Government closed its consultation on “A New Deal for Tenants” in April 2022.

This proposed reforms to the current grounds for repossession under private residential tenancy agreements.

The consultation also sought views on a new national rent control system and a ban on terminating tenancies during the winter.

A new housing standard is also being considered, covering aspects such as repair and safety standards, minimum space standards, digital connectivity, and energy and heating efficiency standards.

The Scottish Government published details of the responses to its consultation in August 2022 and intends to publish a final strategy setting out the way forward by the end of this year.

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