Property Management News
Yes, a landlord can keep a tenant’s deposit for unpaid rent. Unpaid rent can pose a significant issue for both landlords and tenants. However, the specific rules vary by jurisdiction, and tenants have rights that limit the landlord’s ability to do so. It’s crucial for both landlords and tenants to be familiar with local rental laws and lease agreements. When tenants fail to pay the rent they owe, landlords may be left with no choice but to keep the deposit in order to cover the unpaid rent. In such cases, the deposit can be used to compensate for the loss incurred by the landlord due to non-payment of rent. However, it is important to note that the landlord must follow the proper... Read more
Would you happen to know your apartment’s online reputation? Are you actively managing it? Reputation management influences “how your community is perceived...
Your apartment community’s pet policy is one of the first qualifiers an apartment seeker has when searching for a new home. Whether you accept their furry friend...
Let’s begin with a Gen Z translation: “I love that for you!” = “I am so excited for you!” Maybe it makes you laugh or maybe you do not...
There seems to be quite a bit of confusion on the part of landlords and renters alike as to the difference between a security deposit and a move-in fee. The biggest...
Owning rental properties can be a rewarding investment, but it also comes with a host of responsibilities. Many landlords often handle these responsibilities independently and we provide information on how to do so on our website. However, there are situations where they need to hire the best property manager for more efficient and hassle-free property management. The right property manager can make your life as a landlord much easier and your investment more profitable. A skilled property manager is well-versed in local rental markets, enabling them to set optimal rent rates, attract high-quality tenants, and reduce vacancy periods. They also provide a buffer between landlords and tenants,... Read more
Even with the challenges of high interest rates, investors still believe in the multifamily market, with the latest research from Newmark showing that this sector...
New York City’s legislation amending the New York City Human Rights Law, Local Law 61 of 2023, prohibits discrimination based on a person’s height or weight in...
For those who aren’t in the publication industry, a blog, feature and press release all might mean the same thing. Non-sports fans sometimes refer to baseball...
The Los Angeles County Board of Supervisors Tuesday approved a suite of new regulations on short-term rentals located in unincorporated areas. The board voted...
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