Property Management News
Where are you from? Seems a harmless question, but as one Boston-area property manager recently discovered, it can be toxic. A housing court ordered him to pay $10,000 to the tenant for her emotional distress, a civil penalty of $7,500 for a first offense, $31,793.97 in attorney’s fees and $12,473.92 in costs. That’s because Massachusetts law and Boston’s Fair Housing regulations make it illegal for this property manager — who was also a licensed real estate agent — to ask any questions concerning national origin. The information cannot be recorded, either. Get legal rental application landlord forms from AAOA! It is unclear whether the question... Read more
Fair Isaac Corporation, better knows as FICO, announced that it is making some changes to the way it assesses consumer credit. This month, FICO introduced the new FICO®...
Tenant retention is a good thing. Or is it? Most landlords would agree that the longer a tenant stays, the lower the rental costs. After all, there is no need to...
Police responding to a disturbance in Van Nuys, California discovered that a tenant was manufacturing a dangerous hallucinogenic drug in his rental apartment. According...
With vacancy rates around the country dropping, and market rents on the rise, landlords should be rejoicing. But some are experiencing an unfortunate consequence of a...
Landlords all across the country are fed up with crime in rental properties, and all the associated costs. Many communities are now pushing landlords to adopt crime-free rental policies. Usually, this means landlords would go to training sessions hosted by the local police department, and allow in-depth inspections of their properties. The goal in mind for landlords is attracting higher quality tenants who will help to maintain a higher quality rental property, which in turn keeps profits up. A crime-free property accomplishes that goal. Landlords can learn how to prevent and identify crime directly from a crime prevention officer while completing a training session. It is very difficult... Read more
It seems easy. Your renter is a deadbeat, and you want them out of your property. So why does it take so long to evict a tenant? Unlike signing a lease agreement, a...
Showing your rental property as a vacancy is one of the most important steps in property management. In today’s rental market, landlords have a number of choices...
Let’s face it. Some problem tenants are smart. They know how to play the game. But you can easily outsmart sneaky tenants by watching for the most common...
Tenant screening may seem like a routine task but some tenant screening pitfalls can cause serious problems over time. Here are five things you should be watching...
Accessibility