Property Management News
Have you felt regret from a missed opportunity? Imagine investing your savings in a promising multi-family property, only to face issues like tenant conflicts and maintenance nightmares. It doesn’t have to be this way. Protect your investment with basic strategies and expert partnerships like Leru Investments for sustainable returns and secure operations. This guide covers the five most common property management mistakes and how to avoid them. Mistake 1: Neglecting Regular Maintenance It’s easy to put off repairs when finances are tight, or tenants don’t immediately complain about minor issues. However, neglecting routine maintenance can snowball into severe structural and... Read more
Fraud in the leasing process has become a growing threat to the multifamily housing industry, potentially costing property owners millions of dollars in lost revenue....
A new California law signed last fall by Gov. Gavin Newsom will no longer require renters to pay certain fees starting next month. Under Senate Bill 611, landlords or...
At a time when the capabilities of Artificial Intelligence (AI) continue to grow each day, it is more important than ever to depend on your own reliable resources to...
After analyzing nearly 5 million documents in 2024, Snappt, a leader in fraud detection for multifamily property management, found that 6.4% of rental applications were...
Multifamily applicant fraud is becoming a widespread challenge for the industry as fraudsters become more inventive, according to the State of Applicant Fraud Report from Snappt, an AI document-fraud-detection company for multifamily property managers. The report exposes the alarming rise of sophisticated fraud tactics targeting multifamily properties, highlights vulnerabilities in traditional verification systems, and introduces actionable solutions to protect your business, according to a release. Using AI To Sneak Through Leasing Process The release says fraudsters employ a range of tactics to sneak through the leasing process: Some manipulate documents directly in the form of... Read more
Introduction You’re about to pack up when the email arrives. “What’s going on with this property in Houston?” You check the dashboard and see...
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...
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...
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