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The Importance of an Accurate Rental Application

American Apartment Owners Association

The importance of a thorough and accurate rental application cannot be overstated. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

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Multifamily Applicant Fraud Becoming a Widespread Challenge

Rental Housing Journal

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. ” To read the report, visit www.snappt.com/blog/applicant-fraud-report. .

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How to Keep Your Tenants Safe

American Apartment Owners Association

A tenant screening report , including criminal reports, must be run on each rental applicant so that lawbreakers will not become tenants and become a threat to their neighbors. The applicant should also investigate the neighborhoods crime statistics. Landlords should also report suspicious activity to the authorities.

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

Check Up On Your Application Process. If you don’t currently offer the ability to apply for your vacancies using an online application , it’s time to seriously consider it; more than half of rental property managers report an expectation by renters that they can fill their applications out online.

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What Do I Need to Get an Apartment? Here are Answers

Bay Property Management Group

You Need the Following… Proof of Identity Income Verification Credit History and Score Rental History Security Deposit First and Last Months Rent Application Fees Personal References Background and Credit Checks Proof of Identity Property managers in Philadelphia typically require tenants to go through an approval process.

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How Long Does an Eviction Stay on Your Record?

Bay Property Management Group

In turn, that damaged credit score can impact your rental application. Lets take a look at what these steps involve: Be Upfront and Honest In your rental application and interview, you might be asked about your eviction history. As you probably know, courts record various aspects of the eviction process.

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6 must-know industry trends for small property managers

Buildium

However, by rigorously screening applicants, you can reduce turnover and help prevent costly evictions. Buildium’s software can automate rental history verification , automatically sending survey forms to applicants and displaying their responses. Like many small property managers, you probably want to grow your business. Did you know?