Tag Archives: applicants

The Possible Consequences of Inadequate Resident Screening

The Possible Consequences of Inadequate Resident Screening

Posted on 09. Jun, 2015 by .

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We’ve all seen the ads – ‘no credit check, no deposit, move-in today!’ While some property managers may luck out and rent to a resident who does not skip out on the lease, does not destroy the property, and has adequate income to cover the rent, by running ads such as these, managers are opening […]

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Top Benefits of Being a Renter

Top Benefits of Being a Renter

Posted on 16. Apr, 2015 by .

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There’s a multitude of reasons why people prefer the title of renter over homeowner. Being a renter gives you a certain amount of freedom that can be limited with homeownership.  Rent.com recently shared a post listing 15 benefits of being a renter, their list includes: Amenities Low utility bills Location options And more… For the full list of reasons, click […]

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Prudent Property Managers Prepare for Flood of New Renters

Prudent Property Managers Prepare for Flood of New Renters

Posted on 24. Feb, 2015 by .

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There’s an explosion of new renters in all major cities in the U.S. Yes, even in lower-density, relatively inexpensive cities like Dallas and Houston, a significant shift in the proportion of renters is unfolding. It appears the big rise in the number of renters is a delayed result of the housing bust which followed the […]

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More Inexpensive Ways Property Managers Attract Good Residents

More Inexpensive Ways Property Managers Attract Good Residents

Posted on 27. Jan, 2015 by .

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In the world of investing there’s an old adage: “Money goes where it’s treated best”.  The same could be said for the best residents. As the world of rental properties become more competitive a new adage is “Good residents move to where they are treated best”. A “good resident” is one that has an outstanding […]

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Top Pet Friendly Metros

Top Pet Friendly Metros

Posted on 15. Jan, 2015 by .

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Finding a pet friendly building can be a challenge when searching for a new home. HotPads shed some insight on pet-friendly metro areas in a recent post, their stats include: Most expensive zip codes Pet premiums An interactive map showing the highest percentage of pet-friendly rental listings And more… Click below to find out what metro areas […]

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Landlord Institutes Smoking Ban in 2,000 California Apartments

Landlord Institutes Smoking Ban in 2,000 California Apartments

Posted on 11. Jun, 2012 by .

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California landlords were granted the right to ban smoking in multifamily apartments and condos back in January, but many property owners have not applied the restriction.

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New Ways to Handle Security Deposits

New Ways to Handle Security Deposits

Posted on 02. May, 2012 by .

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One of the most contentious aspects for both property managers and tenants is the handling of a security deposit. Designed as a way to protect property managers and owners against possible damages, security deposits are not designed to be used as last month’s rent, and the majority of rental leases state that up front.

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Safety Tips for Property Managers

Safety Tips for Property Managers

Posted on 19. Aug, 2011 by .

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While property management may not make anyone’s ‘Top 10 Most Dangerous Jobs’ list, the fact is that there are some dangers invoiced with the profession. Many managers think nothing of scheduling appointments with people that they have no information about, leaving a sole employee in the office to handle calls, or arranging late appointments to suit applicants. Rarely does this become an issue, but problems can arise that can prove to be costly, or even deadly, to property managers.

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Resident Application Approval Process: Red Flags

Resident Application Approval Process: Red Flags

Posted on 29. Jun, 2010 by .

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In my last article, Resident Application Approval Process: Key Indicators, I discussed areas to look at when reviewing an applicant’s credit history. What follows is a list of potential red flags.

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Resident Application Approval Process: Key Indicators

Resident Application Approval Process: Key Indicators

Posted on 17. Jun, 2010 by .

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Years ago, approving applicants was a relatively simple process. You checked an applicant’s credit report, perhaps called a former landlord, verified employment, and soon you were taking deposits and setting up a move-in date. Like many other things, the rules have changed.

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