Property Management News
Rent Collecting Options Cash We recommend against using cash to collect rent. It’s not very secure, and can be lost, stolen, etc. You should also issue a receipt, which is often difficult to do in the moment. Peer to Peer Payment Platforms There are various payment platforms these days that make sending and transferring money a breeze. They all essentially aim to make the transfer of funds as quickly and painlessly as possible. There may be fees, transfer limits, no cancellations, payments sent to the wrong account, etc. However, take note that in some locations, if a tenant has made a partial rent payment, even just $1, you may not be able to start an eviction process. If an... Read more
Apartment rent fraud is rapidly emerging as a major concern for property owners and managers in the real estate industry. This deceitful practice involves applicants...
The New York Good Cause Eviction law, enacted on April 20, 2024, significantly affects the rights and obligations of landlords and tenants by limiting evictions,...
This article was contributed by DoorSpot property management software. Manage your entire portfolio with one simple tool. No hidden fees or additional subscriptions are...
Evictions seem on the rebound after an extended period of moratoriums and pandemic economic aid to tenants. According to data across 34 cities in 10 states from the...
A landlord can sue for unpaid rent even without a lease in place. If a tenant fails to pay rent, a landlord has the right to take legal action to recover the unpaid rent amount, regardless of whether there is a lease agreement or not. This means that even if there is no written lease, the tenant is still legally obligated to pay rent and can be taken to court by the landlord. However, having a lease agreement provides important legal protection for both parties and makes it easier for the landlord to enforce their rights. The Legal Basis For Pursuing Unpaid Rent As a landlord, dealing with unpaid rent can be a distressing situation. Whether or not you have a lease agreement in place, you... Read more
According to Princeton University’s Eviction Lab, cities across the Sun Belt — a region where many flocked in 2020 and thereafter in search of fewer COVID...
Tenant scams take advantage of unassuming landlords who fail to implement the right procedures for screening renters, writing contracts, and collecting payments....
Managing a multifamily property efficiently often involves optimizing how rent is collected. For property managers, automating resident payments means creating a system...
The Big Picture On Should Landlords Accept Partial Rent Payment: Accepting partial rent from one tenant but not another could be seen as discrimination, opening you up...
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