Property Management News
Normal wear and tear doesn't count When a tenant moves into a rental property, he or she will pay the landlord a security deposit in addition to first month’s rent. This deposit will typically be returned to the tenant at the end of the lease term, as long as the tenant follows all the terms of the lease agreement. Learn common reasons a tenant may not be entitled to the return of their security deposit, in whole or in part. Key Takeaways Landlords can keep the security deposit if the tenant breaks the lease or doesn't pay rent. Landlords can also keep the security deposit when there is property damage (beyond normal wear and tear). Cleaning costs and unpaid... Read more
As eviction moratoria begin to expire, the importance of doing a thorough tenant background check on prospective renters has never been more important. Property...
As rents seem to be increasing daily, the cost of signing a lease for a new apartment is also growing. If a tenant is required by the landlord to pay a security deposit...
How Can I Get Guaranteed Rental Income? Guaranteed rent. Two words that would make any landlord’s heart sing. The concept of guaranteed rent has become a reality from...
Doing any sort of business is about reducing risk and increasing your return. When it comes to managing properties, things can fall between the cracks and strategies...
On October 8th Atlanta, Georgia made a drastic change to their security deposit legislation, giving tenants more options. Dubbed the “Renter’s Choice Bill”, tenants can now choose to pay for their security deposit in three monthly installments or get LeaseGuarantee which covers a landlord’s rental losses. There are more cities considering this type of legislation. Here’s what landlords should know. What is a security deposit alternative? A security deposit alternative, like LeaseGuarantee, is typically a low cost policy on a lease agreement that can be purchased in addition to or instead of a security deposit. Landlords with a security deposit alternative can file a claim in the... Read more
pdqSMART, a division of PDQ Manufacturing, is a market leader in keyless, Bluetooth, mobile-enabled access control solutions. People all over North American use PDQ...
It is painfully clear America is facing an affordable housing crisis unlike ever before. A recent study from the National Low Income Housing Coalition found full-time...
Whether to use a security deposit or a move-in fee, if it is legal in your area, is the topic this week from Keepe the on-demand repair and maintenance company. One...
A quick visit to Craiglist and you’ll probably see a few headlines like this - “$1,000 off first month’s rent!” or “$99 security deposit!” or even “NO...