Property Management News
4 Misconceptions About Rental Credit Checks According to The Wall Street Journal, the demand for rentals is on the rise. Homebuyers who are being forced out of the market by soaring housing prices are turning to rentals. Tenants are holding bidding wars for apartments and single-family homes. Occupancy rates have dropped. As reported by CNBC, “The coronavirus pandemic eviction moratorium, recently extended, is also playing into the supply situation. As some landlords are unable to evict tenants who aren’t paying, they have less supply to offer those who can pay. To offset losses, some are raising rents on the properties they can, knowing that demand in the market will support the... Read more
Housing insecurity and lack of protection from evictions have become even more pressing due to the COVID-19 pandemic. According to a March 2021 report from the Consumer...
In order to make a well-informed decision when considering a new tenant, a landlord needs all of the information available about that applicant. His resources can...
When it comes to reaping maximum gains from your investment property, choosing the right property in the right area—and pricing the rent correctly—are only...
The pandemic and its related economic strain have resulted in billions of dollars of uncollected rent. With the end of the pandemic drawing nearer, a resultant spike in...
Great tenants are what keep you in this business. They pay rent on time, get along with neighbors, and take care of your property. They respect the lease and respond to your communications. Great tenants will help you maintain stable cash flows, save money on repairs, and avoid all kinds of headaches. Once you find reliable tenants, you’ll want to keep them around as long as possible. Nobody’s perfect, of course—but if you’re looking to fill vacancies, there are some clues you can look for that let you know you’re on the right track. Here are seven qualities of a great tenant. 1) Credit Rating A credit report contains information about what lines of credit a prospective renter... Read more
This week the question for Ask Landlord Hank comes from a landlord asking about landlord references for his tenant applicant. Dear Landlord Hank, What should I be...
Over the last year, both tenants and landlords have felt the pressure of the pandemic. Although the pandemic has resulted in late or partial payments and forced many...
Tenant screening is a must. Landlords that don’t screen their tenants run the risk of incurring hefty costs that could easily be avoided. In this article, we discuss...
Drive down just about any residential street in any city, and answer this question: Of all the homes you see, how many are owned by the occupants? Eighty percent?...
Accessibility