Property Management News
In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. This information promotes amicable relationships and reduces the likelihood of legal conflicts. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment. Fundamentals of Tenant’s Rights An essential tenant-right is privacy. Renters are entitled to live in tranquility and free from needless interference. Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space. However, this isn’t always the case;... Read more
A landlord can terminate a Section 8 lease if there is just cause. A Section 8 lease is a contract between a landlord and a tenant who receives rental assistance...
Price is usually a renter’s top priority when considering a lease renewal. Most tenants will renew if rent stays the same, but significant increases often prompt...
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...
Landlords across New York state will soon be required to notify tenants when bedbugs have infested their building. Gov. Kathy Hochul signed a bill on Friday that...
Have you ever planned to develop your own multifamily property but didn’t know where to start? Multifamily development is a lucrative and rewarding industry that requires careful planning, research, and execution. With the right knowledge and resources, you can successfully navigate the intricacies of this market and build a profitable portfolio of multifamily properties. In this blog, we will outline 11 essential steps to help you kickstart your journey in multifamily development. What is multifamily development? Multifamily development projects refer to the construction and management of residential buildings that contain multiple individual housing units within a single complex... Read more
I recently caught up with a colleague from the West Coast. Due to the high cost of living in their area, they’ve been renting for years. Unprompted, they went on a...
The holiday season can be a joyous time for communities, but for property management professionals, it also presents unique challenges. Balancing festive cheer with the...
Your tenant’s lease will end soon and they are not going to renew it. Before they move out, you will need to conduct an inspection with them to determine whether any...
Bedbugs were in the news last fall when infestations appeared throughout Europe, particularly in France. Zachary DeVries, associate professor of urban entomology at...
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