Property Management News
Fraud has long plagued the multifamily sector, but the scope and sophistication of the problem are now reaching new levels, fueled by technology and shifting consumer expectations. That convergence was the focus of a recent Snappt podcast, where industry leaders discussed how owners, developers, and operators are increasingly being forced to contend with both the evolving nature of bad actors and the rising demand for speed and convenience in apartment leasing. While fraud once often meant little more than tenants skipping out on rent payments, digital tools have dramatically changed the landscape. Today, it is easier than ever to alter financial documents—everything from work... Read more
Tenant screening is one of the most important steps you can take to protect your investment so here are four tenant screening mistakes that could cost you. Many...
Verified renters—who have undergone formal identity, credit, and income verification—deliver substantial financial and operational benefits for landlords and...
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 industry, operators are seeing the effects firsthand: Fake documents are slipping through and unqualified tenants are being approved, resulting in rising eviction rates. On TikTok, an unexpected market has emerged where users trade tips and tools for falsifying income, employment and identity to gain access to rental housing. This trend is not limited to individual bad actors offering a forged pay stub here and there. It’s an entire “fraud kit,” complete with templated documents, spoofed phone numbers and instructions... Read more
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...
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...
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