Property Management News

How Much Can a Landlord Charge for Lost Keys: The...

A landlord can charge for lost keys, usually ranging from $50 to $200, depending on the market and circumstances. Welcome to the world of being a tenant where misplacing keys can come at a cost. Losing your keys can be frustrating, but it can also lead to unexpected expenses. Landlords have the right to charge for lost keys, typically ranging from $50 to $200, depending on various factors such as the local rental market and the circumstances surrounding the loss. While the exact amount may vary, it’s essential to familiarize yourself with your lease agreement to understand the potential financial implications of misplacing your keys. The factors that influence the cost of lost keys and... Read more

Social Media Apartment Marketing—Three Ways It’s time to post on social media to market your apartment community. But you’re not feeling it. Here are...

Brokers’ fees are generally the most significant portion of upfront costs. Moving is always a major pain — but new data shows that, for New Yorkers, it’s also...

In the crowded rental market, where numerous properties compete for attention, creating an irresistible offer is a strategic way to distinguish your listing and attract...

Millions of homes across the U.S. are already vulnerable to climate change, according to a new study. Approximately 41% of occupied rental units, or 18.2 million...

Warning: Application Fraud Is on the Rise

The National Multifamily Housing Council (NMHC) has released their Pulse Survey on Operational Impact of Rental Application Fraud and Bad Debt, which was conducted from November 15, 2023, to January 9, 2024, with some unsettling results. For instance, 93.3% of the apartment owners, developers and managers who responded to the survey stated that they had been subjected to some form of fraud in the past 12 months. Over 80% of respondents stated they had experienced applicants misrepresenting information on applications that included falsifying or fabricating pay stubs and doctoring employment references and income. 70% reported an increase in fraudulent activity over the past 12 months that... Read more

Leasing up a new community can be a lot of fun and also a lot of work. Sometimes, it can be a bit overwhelming. Check out these four easy ways to engage traffic...

High mortgage rates and changing attitudes on ownership push people toward rentals. The American Dream has always included homeownership, but, in the face of an...

Not only are more people renting today, more are doing this by choice. The reason? Housing prices and interest rates are making owning a single-family home more...

Boosting Your Rental Business with Apartment Digital Marketing Strategies Are you looking to boost your rental business and attract more tenants to your property?...