Property Management News
Verified renters—who have undergone formal identity, credit, and income verification—deliver substantial financial and operational benefits for landlords and property managers. Let’s unpack how verifying renters can protect your assets, optimize revenue, and create smoother workflows, all while mitigating risk in today’s dynamic rental market. 1. Reduces Risk of Fraud and Scams Modern verification tools catch fraudulent applications before leases are signed. With rental fraud on the rise, verifying a renter’s identity and credit history has become essential. Case studies show that using verified renter services has led to a 35% decrease in trespasser activity... Read more
Verified renters—who have undergone formal identity, credit, and income verification—deliver substantial financial and operational benefits for landlords and...
Looking into a potential tenant’s rental history might feel like extra work, but with so much at stake, it’s worth taking the time to do it right. The applicant...
Fraud is no longer hiding in the shadows. It’s being taught and sold in plain sight — sometimes with hashtags and tutorial videos. Across the multifamily housing...
The multifamily industry is locked in a costly battle against rental fraud. Despite widespread adoption of application screening tools and document checks, fraudsters...
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 landlord has come forward to share how a single tenant managed to stay in a property, largely rent-free, for an extended period by leveraging the state’s tenant-friendly laws. The landlord finally regained possession—but not before losing approximately $15,000 and enduring months of legal struggle. And it wasn’t the first time the tenant had done this. For years the tenant moved from one luxury apartment to the next never paying rent. It’s estimated he owes close to $100,000 in rent to various landlords. This... Read more
Last month, I got a call from an investor friend who was about to lose $8,000 because he’d rented to someone who seemed “really nice” but hadn’t...
In multifamily leasing, striking the right balance between automation and human connection isn’t just a technological decision. It’s the difference between signing a...
Tenant Turnover: What It Really Costs You and How to Reduce It In multifamily real estate, one thing is always true: cash flow is king. If you’re an investor who wants...
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...
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