Property Management News
KEY TAKEAWAYS In some Atlanta apartment buildings, landlords say as many as 50% of rental applications are fraudulent. Nearly three-quarters of US apartment operators reported a major uptick in fraud in the past year, with some citing a 40% increase. A mismatch between luxury inventory and renters’ budgets is fueling the rise in forged applications, especially in fast-growing Sunbelt cities. Atlanta’s Apartment Fraud Problem Is Going Mainstream What used to be a niche issue has ballooned into a widespread challenge in Atlanta: renters submitting fake information to get into luxury apartments. Property managers say the practice is rampant, especially in newer, high-end buildings where... Read more
A new survey reveals persistent multifamily renter defaults driven largely by economic instability that are placing increasing pressure on operations. A national survey...
A growing percentage of apartment renters appear to be playing catch-up on their monthly bills, a trend that may signal a broader undercurrent of distress, according...
The impact of government interference on landlords can be profound as governments aim to regulate the rental housing market. These interventions often spark debates...
Minnesota is known for having relatively strong protections for renters. But in one high-profile case, those protections were pushed to their limits and exploited. A...
Monthly evictions in New York City have returned to pre-pandemic levels as low- and middle-income tenants struggle to make rent and housing courts work through a backlog of cases, new data shows. City marshals evicted at least 11,253 households on behalf of landlords over the first seven-and-a-half months of the year, according to records maintained by the city’s Department of Investigation. The 1,500 evictions-per-month average from Jan. 1 to Aug. 15 was higher than in any year since 2018, when marshals completed about 1,666 evictions a month. Housing policy experts say the spike in evictions reveals the financial hardship many low- and middle-income tenants face. The trend comes as... Read more
Eviction. It’s a word that no landlord wants to utter, yet it’s an inevitable part of managing rental properties. Whether it’s due to unpaid rent, a lease...
Finding reliable tenants is the key to successful property management. But how can you be confident that tenants will pay their rent on time and will not do damage to...
The recent California appellate court decision Eshagian v. Cepeda has added a new requirement to the already detailed rules surrounding Three-Day Notices—documents...
Owning rental properties comes with a lot of responsibility. Regular maintenance, collecting rent, insuring your property, and creating lease agreements – it can be...
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