Property Management News

7 Ways Renters Can Show Proof of Income—Beyond...

Do you make enough money to rent this place? It's a question any landlord will ask you, and it's one of the things you must prove before being able to sign a lease on an apartment or house. Landlords want to be sure that you have the financial means to consistently pay your rent on time and in full. So all applicants need to show proof of income - the amount of money they earn or receive from other sources. “Landlords are careful as to who they approve because it could take six months to a year to evict someone who stops paying,” says Michael Chadwick, licensed real estate salesperson at Citi Habitats, a real estate brokerage firm in New York. While a standard pay... Read more

Recently, I was at breakfast with a client who owns a quadruplex in the San Fernando Valley. He mentioned that one difference he’s seen since he outsourced his...

Local landlords recently got a preview of the suite of all-new and ongoing incentives to participate in the Section 8 affordable housing program through the Housing...

As a landlord or property manager, you need to make sure your properties have good, reliable tenants who will not cause problems and will pay their rent on time. Even if...

Are you ready to be a landlord? Here are eight things you need to think through before you find your first tenants. By: Daniel Caughill Thanks to HGTV and the...

Assistance Animals Are Not...

“I didn’t know” is not an acceptable defense if you face a discrimination charge, so the Grace Hill training tip of the week focuses on repeating advice that assistance animals are not pets when it comes to leasing your rentals. By Ellen Clark The typical story goes like this, where a prospective renter provides documentation from her doctor showing she needs an assistance animal because of her disability and she is told by a leasing agent that the owner does not allow pets. One of the most common accommodation requests is to have an animal that would otherwise be restricted by a community’s rules. In these cases, it is important to understand that service and... Read more

Blanca Barreiro admits she was apprehensive about renting a room to a homeless man with mental heath issues. But then she met her new tenant, Robert Jacobs, a former...

When most people think of insurance, they likely think of some more popular types of policies such as health insurance, auto insurance, and even homeowners insurance....

My partner and I have acquired and leased hundreds of rental units. As co-owner at my organization, I still have the final say on approving rental applicants. As much...

When you are reviewing your screening policies to avoid any discriminatory effects, especially criminal history, be sure to avoid your gut feelings. The Grace...