Property Management News
A new law was recently signed by Governor Healey in Massachusetts that aims to protect tenants from the negative impact of eviction records. This law, part of the Affordable Homes Act, allows tenants to seal certain eviction records from public view and prevents these records from appearing on credit reports. It will come into effect on May 5, 2025. What This Law Means for Tenants and Landlords The goal of the law is to help tenants find housing without being blocked by past eviction records, which can be caused by financial difficulties. Tenant advocates believe this will reduce housing discrimination, but landlords are concerned. They often rely on eviction records as a key part of tenant... Read more
Successfully managing rental properties can feel like balancing multiple roles at once. From ensuring tenant satisfaction to handling maintenance issues and complying...
Effective January 1, 2025, NYC implemented the Fair Chance Housing Law, which requires a bifurcated screening process for applicants when the landlord wants to conduct a...
As a landlord, expecting tenants to stick around forever is wishful thinking. Though some occupants might renew for consecutive years, it’s common to experience...
The tenant selection process can be very unpredictable. Sometimes, you might get lucky with your first applicant. Other times, you might have to screen multiple...
Declining rental applications comes with the territory of being a landlord. Though it’s never fun to reject an applicant, sometimes it’s necessary to ensure your property is in good hands. You may feel inclined to reject an application for many reasons, whether it be a poor credit score or low income. Nonetheless, you should always act fairly, professionally, and compliantly when rejecting rental applications. Check out our guide below for the best practices for denying rental applications. Why Do Rental Applications Get Rejected? To get the best grasp on rejecting rental applications, you should start by understanding why you would deny an application. Doing so will help you make... Read more
When pandemic-era tenant protections expired, rents immediately soared, and eviction filings surged last year more than 50% over pre-pandemic levels in some U.S....
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...
Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. Fortunately, with a...
To minimize investment risks in multifamily real estate, prioritize thorough due diligence. Identify potential risks through in-depth examination, including market...
Accessibility