Property Management News
The landscape of fair housing has been continuously evolving. One of the emerging focal points is the protection against discrimination based on the "Source of Income." While not federally recognized under the Fair Housing Act, this classification has steadily gained traction at state and local levels, expanding the purview of housing rights. Defining "Source of Income" In the realm of housing discrimination, the "Source of Income" pertains to the origin of a resident's lawful earnings or funds. This can include earnings from employment, pensions, or other regular payments, but notably, it frequently involves rental assistance programs or housing... Read more
Successful multifamily investing requires more than just acquiring properties—it requires implementing effective operations policies and procedures. Having...
Key Takeaway: Understanding the responsibilities and definition of a property manager is crucial in pursuing a career in property management. Property...
Verification forms play a pivotal role in property management offices, particularly when handling requests for reasonable accommodations or modifications under the Fair...
As a landlord – or property manager or other housing provider – you evaluate housing applications or decide whether to renew a current tenant’s lease. You...
Most landlords know that credit check and criminal record searches are essential for good renter screening. However, there are many other places that renter red flags can pop up during tenant screening. These less obvious renter warning signs include: asking you to skip screening, wanting to provide you with their own credit report, moving house too frequently, job hopping, long gaps in employment, being in a hurry to move in, and providing missing or inaccurate information. Learn how to better spot these warning signs below. Some renter warning signs are as obvious. Frequent evictions, a history of relevant crimes, and lack of income might stick out like an over-sized elephant wearing a... Read more
Because you are a savvy landlord, you routinely run background checks on your prospective tenants. You know these screenings are the best way to keep out undesirable...
What Does a Charge-Off Mean? A charge-off means a company has written off a debt because it does not believe it will receive the money that it’s owed. You are still...
KEY POINTS A credit freeze prevents lenders and other third parties from accessing your credit, stopping criminals from opening new credit accounts in your...
In today's rapidly-evolving digital landscape, it's easy to overlook the significance of traditional forms of communication, such as phone calls, in the...
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