Property Management News
It’s obvious effective rent collection is essential for maintaining cash flow and ensuring the financial health of any property. However, traditional methods like phone calls, knocking on doors, and mailed notices can be time-consuming and often ineffective. That’s where texting comes in. It serves as an effective, efficient, and resident-friendly way to increase on-time payments and improve cash flow. Here’s how leveraging texting for rent collection can transform your process. Why Text Messaging Works for Rent Collection Texting is the most direct and preferred communication method for many residents. Studies show that text messages have a 98% open rate, with most... Read more
A trio of tenants who took their landlord to court to reclaim their apartment security deposits say they finally got their money back days after Gothamist reported on...
A new law was recently signed by Governor Healey in Massachusetts that aims to protect tenants from the negative impact of eviction records. This law, part of the...
More and more owners are filing for evictions in some Sun Belt cities as tenants increasingly struggle to pay rent. Evictions are up by more than 35% compared to...
Lease violation notices are a necessary part of being a landlord. They are a way to communicate to your tenants that they have violated their lease agreement and to give...
When pandemic-era tenant protections expired, rents immediately soared, and eviction filings surged last year more than 50% over pre-pandemic levels in some U.S. cities. These filings can cast long shadows. Simply being named in an eviction complaint, regardless of the outcome, can severely limit future housing options and prolong housing insecurity, according to a recent University of Michigan study. The situation underscores a growing debate across the country: Should eviction records be shielded from public access to offer tenants a cleaner shot at finding another home? In recent years, more states are saying, “yes — at least in some cases.” Eviction filings are public court... Read more
Yes, a landlord can keep a tenant’s deposit for unpaid rent. Unpaid rent can pose a significant issue for both landlords and tenants. However, the specific rules vary...
In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. While eviction is a potential option, more creative ways...
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,...
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...
Accessibility