Property Management News
By Jason Kogok, Author of Plug the Holes Fill the Barrel The best investors have one thing in common – excellent tenant management skills. If you’ve ever owned rental property, whether it be a single house or large apartment complex, you know firsthand that a good tenant is worth their weight in gold. Some of us also know that a bad tenant can make you reconsider even investing at all. Over decades of investing, I’ve learned a few tips that may help you in your journey. For me, to really perfect the art of tenant management, you need to master three traits. Those are: Being proactive instead of reactive when it comes to repairs, Doing an in-depth qualification process... Read more
Establishing a good credit score takes patience and discipline Building a good credit score from nothing takes patience and discipline. It won’t happen overnight,...
The state of California will be sealing the criminal records of select former offenders if a certain criterion is met, according to a bill signed by Gov. Newsom on...
The government-sponsored enterprise will cover the costs of the program for multifamily borrowers for 12 months. Fannie Mae has launched a pilot program to help renters...
Credit scores saw a jump during the first year of the pandemic. Now, amid high inflation and rising consumer debt, they’re holding steady — and that’s not...
This week, the Consumer Financial Protection Bureau (CFPB) issued two negative reports on the tenant background check industry. These reports describe an industry that is everything the American Apartment Owners Association (AAOA) strives diligently not to be. For nearly 20 years, AAOA has been dedicated to providing equality and fairness to both the landlord and tenant while ensuring that all parties receive the same excellent level of service. With the increasing frequency of rental application fraud, it is imperative that landlords receive reliable tenant screening information to protect their property and their investment. At the same time, the applicant needs to be protected from... Read more
Renters occupy many households around the world and this is why becoming a landlord is a highly effective strategy for generating a secure monthly income. Apart from...
I’ve talked here about the rise of the fraud economy, and why your customers are quickly becoming as much of a risk as they are an opportunity. In the apartment...
In Snappt’s 2022 State of Apartment Tenant Screening Survey, 85% of property managers have seen higher levels of application fraud and an ease of altering financial...
In today’s highly competitive multifamily housing market, landlords need effective tools to promote their vacancies to as many prospective tenants as possible in a...
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