Investor & Landlord Tip of the Month
Nate's Topics of the Month:
  • CDC Eviction Moratorium Insights from the NREIA.
  • Utah Landlord Housing Assistance Program (LHAP)

Here's the link mentioned in my video to the virtual meeting put out by the National Real Estate Investors Association (NREIA). In this meeting, Charles Tassle of NREIA interviews attorneys Jeff Watson and Jeffrey Greenberger to get their input and suggestions regarding the CDC Eviction Moratorium.

And here's the link to the details surrounding the new Utah Landlord Housing Assistance Program (LHAP).
Salt Lake Rental Market Update
By: Collin Hopkins
(The rental saturation percentage is a measurement of the percent of properties that are non-owner occupied and are most likely rental properties. The census percent is simply indicating the responses given in census surveys where RentRange data is based on reports and tax records.)
Even though we continue in this pandemic, the demand for rentals continues. We are still seeing rents rising with new leases. Renewal rates are staying more level due to landlords not increasing rents as much, or at all, this year due to COVID-19.
Team News
The 1031 Exchange Workshop
On August 27th we had a free online workshop where we explored the ins and outs of the exchange process. How they can benefit investors, how to prepare for them, what to do, and more importantly how to avoid the common mistakes.
Guest speaker Mike Anderson, president of Exchange Services, LLC and our president, Nate Tew discussed what every investor needs to know. If you missed it, you can watch the video HERE
Weekly Updates
We have been doing our best to keep everyone informed about the latest news going on by sending weekly updates with the most important information related to the industry. If you missed a week, you can check them out below:

  • September 11th Update
  • Should you refinance your rental property?
  • Rent collection report
  • September 4th Update
  • CDC Eviction Ban Update
  • How can you help your resident during this time?
  • 1031 Exchange webinar

We want to deliver information that is useful for our clients and tenants and also keep them up to date with our rent collection report.

You can see all of the updates HERE

If you are not receiving these emails, you can subscribe to our mailing lists. If you know someone that could find this information useful, feel free to forward this email so they can join our mailing list
Keyrenter Resident Relief Fund - Update
Our relief fund for residents continues. Thank you all for you generosity as we have and will continue to be able to help our great residents having financial difficulty. 
Team Member Spotlight
Andrea Gonzalez - Does my furnace need to be serviced?
As the summer ends and the temperatures start to lower, we need to make sure we are prepared for the cold months. We need the furnace to be working properly, so here are a few tips on preventive maintenance. 
When a heating system malfunctions, any one of its three components -heat source, distribution system, or thermostat - may be causing the problem. 
  1. If the furnace doesn't run, the malfunction is probably at the source. The furnace may have lost power. Fuel may not be reaching the unit. If the fuel is gas or oil, it may not be igniting. 
  2. If the furnace turns on but the warm or cool air isn't reaching the rooms of your home, the problem is likely to be the blower or distribution system.
  3. A faulty control, or thermostat, could keep the system from turning on or could cause it to turn on and off repeatedly. 

If you tried to start your furnace and it is not working properly, here are a few things you can try:
  • Make sure the unit is receiving power. Look for blown fuses or tripped circuit breakers at the main entrance panel. Some furnaces have a separate power entrance, usually located at a different panel near the main entrance panel. Some furnaces have fuses mounted in or on the unit.
  • If the unit has a reset button, marked RESET and near the motor housing, wait 30 minutes to let the motor cool, then press the button. If the unit still doesn't start, wait 30 minutes and press the reset button again. Repeat at least once more.
  • If the unit has a separate power switch, make sure the switch is turned on.
  • Check to make sure the thermostat is properly set. If necessary, raise the setting 5º.
  • If the unit uses gas, check to make sure the gas supply is turned on and the pilot light is lit. If it uses oil, check to make sure there is an adequate supply of oil.

If none of the above works, then give us a call, we will have one of our trusted vendors go fix it for you.
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