Property Management News

Rampant, Increasing Fraud Impacting Rental...

Fraud impacting rental housing costs throughout the country is on the rise and includes incidences of fraudulent rental applications, financial and identity fraud, and is often fueled by social media, the National Multifamily Housing Council (NMHC) says in a new survey. “Driven in part by social media platforms such as TikTok and Instagram, the rise in false rental housing applications is exacerbating rental costs, fueling the housing affordability challenges facing communities across the country and undermining the credibility of eviction data. These fraudulent incidents consist of a wide range of wrongdoing, including criminal behavior,” the NMHC says in a release about the... Read more

In People vs. Commons West, LLC, the Cortland County New York Supreme Court ruled the New York Source of Income Antidiscrimination statute (“SOIA”) to be...

Benefits of A Thorough Tenant Background Check Background screening is a crucial step in the tenant selection process. In today’s competitive rental market,...

A landlord can terminate a Section 8 lease if there is just cause. A Section 8 lease is a contract between a landlord and a tenant who receives rental assistance...

We turned to experts to find out how artificial intelligence is reshaping the rental sector. Multifamily is and has been, no doubt, long dependent on...

Multifamily Industry Resolutions for a New Year

The commencement of a new year is a natural time to evaluate where things stand and consider improvements for the future. I’ve put together a list of New Year’s resolutions for the apartment industry. The commencement of a new year is a natural time to evaluate where things stand and consider improvements for the future. For the apartment industry, it’s a good time to take stock of your portfolio and your balance sheet. So I’ve put together a list of New Year’s resolutions you may want to consider:   Make educated decisions. We’re entering the new year with a questionable economy. There’s a lot of disagreement over whether there will be a recession or just a soft... Read more

How steering clear of these pitfalls helps preserve property values and enhance efficiencies. Effective property management in the multifamily industry is a nuanced...

Signing new residents is not just about offering the right apartment home at the right price. Granted, that’s obviously a huge part of the equation, but operators...

Does it feel like you’re playing musical chairs with your tenants? You aren’t alone. A serious concern of most landlords is finding and retaining quality tenants. A...

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...