Property Management News
A small amount of preparation early can help landlords avoid late payments, excessive complaints, property damage, and other issues that often stem from rushed or inconsistent tenant selection. Identifying problem renters before they move in begins with a clear, consistent tenant screening process. Clarifying the Kind of Tenant You Want Before reviewing rental applications, define the qualities of a dependable tenant for your property. Establishing objective criteria helps ensure that your tenant screening process remains consistent and fair across all applicants. Common qualities many landlords look for include: Steady income that supports the monthly rent Respectful and timely... Read more
Most operators are underestimating how much fraud is getting through their current screening process, even if they think they’ve “tightened things...
If you’re managing rental properties and feel like your leasing efforts are stuck on repeat, you’re not alone. High turnover is costly—not just in dollars but in...
Fake move-in packages are proliferating on social media platforms like Reddit, TikTok, and Facebook, luring would-be renters into purchasing identities and...
The Federal Trade Commission (FTC) says consumers have lost millions to rental scams and that people ages 18-29 were three times more likely to report losing money than...
For rental housing providers, artificial intelligence has become both a challenge and a solution. Fraud in rental applications isn’t new, but the technology powering scams today is more accessible and more convincing than ever before. Industry surveys show that anywhere from six to nine percent of rental applications involve falsified or manipulated information, and that number climbs in markets with higher demand and limited inventory. In multifamily communities where hundreds or thousands of applications are processed annually, even a seven-percent fraud rate can translate to dozens of bad tenants locked into leases, costly evictions, and weeks of lost rent. This is happening at a time... Read more
KEY TAKEAWAYS Student loan delinquencies among renters more than doubled between January and May 2025, jumping from 14.5% to 31.4%, according to TransUnion. Millions of...
The U.S. Department of Housing and Urban Development (HUD) just issued a major update on criminal-record screening and rolled back several prior guidance documents. This...
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...
Do you have to be lucky to find a great tenant? Not if you take a proactive approach to tenant selection by defining your requirements. Signing a great tenant...
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