Property Management News
The above graphic shows eviction filings for sites we track, relative to their historical baseline. Arrows pointing up show sites with above baseline filings; arrows pointing down show the reverse. The past year involved significant change and uncertainty, especially for low-income renting families. During the longest government shutdown in U.S. history, 42 million people were left without SNAP benefits for weeks, and the passage of the “One Big Beautiful Bill Act” stripped benefits for 2.5 million people permanently. The average amount of money low-income families have left after paying rent has hit an all-time low of just $210. On top of that, the federal immigration... Read more
The moment a property manager issues a denial letter, the professional relationship enters a high-stakes phase. While automated screening tools provide a necessary first...
Key Takeaways Landlord-tenant laws vary by state, but there is general uniformity in certain areas. Landlords must provide proper notice before entering tenanted...
Discover the hidden costs of tenant turnover and learn strategies to reduce vacancies. Complete breakdown of expenses, time investments, and proven retention tactics for...
Every residential lease includes an implied warranty of habitability—even if the lease does not expressly mention it. This legal protection serves two core purposes:...
The “buy now, pay later” (BNPL) concept is considered relatively new. But according to the Federal Reserve Bank of Richmond, BNPL is an overhaul and rebrand of older financial strategies, including layaways and installment payments, which were pay-over-time approaches. BNPL usage exploded after the pandemic and remains popular. The idea of immediate receipt and later payment has been popping up in residential services under the name of “rent now, pay later,” or RNPL for short. Similar to its BPNL cousin, paying less now and again later to live in an apartment unit isn’t new. “This has been available through some niche players as early as 2019,” said Kevin King, Vice... Read more
Even New York City’s affordable housing is getting too expensive for many low-income tenants, leading to a spike in eviction filings, a new report...
At the federal level, landlords must comply with several key laws that protect tenants. These mainly address housing discrimination under the Fair Housing Act and...
The problem of unauthorized residents in a rental unit is one that every landlord will likely encounter at some point in their career. As housing pressures and economic...
New York City renters are now legally entitled to clear, accessible information about whether stabilized apartments exist in their buildings. Last week, Local Law 86,...
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