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Stock impact report

FTC cracks down on US's largest landlord for allegedly using ‘unfair and deceptive tactics' to prey on renters [Yahoo! Finance]

Invitation Homes Inc. (INVH) 
Last invitation homes inc. earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: invitationhomes.com/about-us
Company Research Source: Yahoo! Finance
The complaint filed by the FTC claims the company has taken several illegal actions, including misleading renters about lease costs, charging hidden fees, neglecting to inspect homes prior to move-in, and unfairly withholding security deposits after tenants vacated. Christian Schewanick, a resident of North Las Vegas, says he experienced several of those issues after moving into an Invitation Homes property. Don't miss Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger “Just a lot of different issues. There was dripping water in the garage, right in front of the door to the house, and we had a water pipe that was about to burst,” Schewanick told KTNV reporters. He also submitted over a dozen work orders for repairs. Each time, the company says it would send someone out, but no repairs were made. Company netted millions from fee p Show less Read more
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