Property Management News
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....
I recently caught up with a colleague from the West Coast. Due to the high cost of living in their area, they’ve been renting for years. Unprompted, they went on a...
Navigating the complex terrain of squatter rights is an essential task for landlords. Understanding what squatter rights are, why they exist, and how they can impact...
A landlord cannot let themselves into a tenant’s property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours’ notice...
Key Takeaways Portland, ME led the rankings as the most livable U.S. city, praised for its fitness culture, food scene, and balanced lifestyle. Lincoln, NE, and Des Moines, IA, followed closely, with Des Moines ranking highest in the nation for community and location factors. Nine of the top 20 cities are in the Midwest, with Wisconsin and Pennsylvania featuring multiple highly ranked metros. A new RentCafe report ranks the most livable U.S. cities based on a blend of hard data and intangible community factors. The report analyzed 139 metros and evaluated them across 17 key metrics within three categories: socioeconomics, location and community, and quality of life, as reported by... Read more
Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in...
In the competitive multifamily housing industry, property managers are constantly seeking innovative strategies to boost Net Operating Income (NOI), increase...
You should not judge a book by its cover, but you might as well create a good one. A cover cannot tell you for sure if you will like reading the book. However, the cover...
On a national level, institutional home buyers—firms owning at least 1,000 homes—aren’t massive players yet. They only own around 1% of the U.S. single-family...
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