Rental Housing Journal

JANUARY 21, 2025

By The Fair Housing Institute As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Property management and the essential role of policies, written communication and procedures for the year ahead.

Property Management 98

Property Management Property Manager Management Compliance 98

ADDA

JANUARY 27, 2025

Their responsibilities include overseeing financial management, ensuring timely maintenance of amenities, resolving resident grievances, managing vendor contracts, and ensuring compliance with community and government rules and legal regulations. But other than those small nuances, these results were pretty much globally applicable.

Management 130

Management Compliance Engineering Government 130

American Apartment Owners Association

MARCH 20, 2025

A stronger credit score can lead to better financial opportunities, including easier approval for loans and rental applications. Maintain Accurate Records : Keep detailed records of Tenant participation, opt-in/opt-out elections, and rent payment history to ensure compliance and resolve disputes. Click here and use code AAOA10.

Landlord 130

Landlord Rent Lease Agreement Lease 130

Yardi Breeze

DECEMBER 12, 2024

The end of the first reporting deadline is January 1, 2025 (applicable to businesses formed before January 1, 2024). The bottom line : protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. The deadline itself hasnt changed.

Compliance 246

Compliance Government Property Management Property Manager 246

Bay Property Management Group

JANUARY 19, 2025

In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental. But what does prorated rent mean? Let’s define that in detail, provide examples of how people use it, and help you learn how to calculate it. Read below to learn more. What is Prorated Rent? per day.

Rent 147

Rent Landlord Tenant Lease 147

BetterWho

OCTOBER 4, 2024

Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed. Utilize Compliance Tools Invest in property management software that includes compliance features.

Property Management 130

Property Management Property Manager Management IT 130

HOA Managememt

AUGUST 27, 2024

As AI technology advances, its potential applications within HOA communities are growing. AI can also assist in ensuring compliance with legal requirements and regulations. This means ensuring the secure storage of personal data and the compliance of AI systems with relevant data protection laws.

IT 130

IT Compliance Maintenance Condominium 130

Rental Housing Journal

MARCH 18, 2025

The Evolution of Communication in Property Management AI-powered chatbots and automated messaging systems are becoming the norm, helping property teams respond to resident inquiries, process maintenance requests, and even screen rental applications. Additionally, human oversight must remain a fundamental part of the process.

Compliance 59

Compliance Property Management Property Manager Education 59

Bay Property Management Group

MARCH 3, 2025

But what is NOI in real estate, and how does it impact your investments? Keep reading to learn how NOI works, why it matters, and how to calculate it correctly. What is NOI in Real Estate? Net Operating Income, or NOI, is a key metric in real estate that shows how much profit a property generates. Why is NOI Important in Real Estate Investing?

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

BetterWho

SEPTEMBER 21, 2024

Multiple Openings It’s a numbers game; the more openings you post, the more applicants you attract. This approach ensures that only the top 1% of candidates, who truly align with your requirements, make it through the application funnel. We get around 3,000 applicants a month and only 1% make it into our funnel.

Property Management 217

Property Management Property Manager Management Property 217

ADDA

NOVEMBER 22, 2024

While it impacts various sectors, its applicability to housing societies often raises questions. Understanding GST compliance is vital for avoiding penalties and ensuring smooth operations. Understanding GST compliance is vital for avoiding penalties and ensuring smooth operations. When Does GST Apply to Housing Societies?

Compliance 130

Compliance Maintenance Applications Applicants 130

MRI Software

FEBRUARY 25, 2025

PropTech tools made specifically for the industry, such as MRI PHA Pro , simplify compliance, reporting, and financial management, reducing the administrative workload for PHAs. Enhancing Tenant and Applicant Communication Tenant and applicant communication can be a major administrative burden.

Electronics 52

Electronics Applications Applicants Compliance 52

Buildium

JANUARY 6, 2025

Compliance: Meetings help confirm that all actions and decisions align with the communitys governing documents and relevant legal requirements, thereby safeguarding the communitys interests. Each board member brings their skills and insights to the table, collectively guiding the HOA towards achieving its goals.

Management 243

Management Government Property Management Software Consulting 243

Bay Property Management Group

DECEMBER 23, 2024

A property manager, on the other hand, handles day-to-day operations, including tenant relations, rent collection, and ensuring compliance, acting as an intermediary on behalf of the landlord. Deciding whether to tackle the hands-on responsibilities yourself or bring in a pro to handle the details is no small choice.

Property Management 147

Property Management Property Manager Landlord Management 147

HOA Managememt

AUGUST 8, 2024

Without an HOA board, these tasks would fall by the wayside. Without a HOA board, the association would cease to operate as designed. No one would make decisions, enter contracts, or transact business, and all of the duties listed above would be neglected. It is a domino effect, too. In the end, the entire community will suffer.

Education 246

Education Government Management IT 246

HOA Managememt

NOVEMBER 28, 2024

The board can also consult legal counsel to ensure compliance with applicable laws. However, it can also lead to miscommunication, conflicts, or even legal issues if not handled properly. This has led many to wonder whether or not there should be a social media code of conduct for HOA board members.

Media 246

Media Consulting Government Compliance 246

RL Property Management

JANUARY 13, 2025

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Failing to prioritize Fair Housing compliance for landlords can result in costly fines and legal battles.

Compliance 52

Compliance Landlord Regulation Property Management 52

Condo Control

JANUARY 23, 2025

Keep the benefits, get rid of the headaches that come with renewing paid parking permits Though HOAs have different reasons for issuing parking permits, most follow a similar process when accepting applications, approving requests and renewing permits. Payments are not processed until permit applications are approved.

Applications 130

Applications Applicants Single-Family Home Compliance 130

Yardi Breeze

NOVEMBER 22, 2024

Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). As we write this article, thats up to $591 per day.

Compliance 130

Compliance Property Management Property Manager Government 130

Yardi Breeze

NOVEMBER 22, 2024

TL;DR : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCEN’s BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). Smaller operators might need to hire legal counsel.

Compliance 130

Compliance Property Management Property Manager Regulation 130

Yardi Breeze

JANUARY 3, 2025

The first reporting deadline was delayed from January 1, 2025, to January 13, 2025 (applicable to businesses formed before January 1, 2024). The bottom line : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. So, how much time will it take to file?

Compliance 130

Compliance Property Management Property Manager Government 130

AirKeeper

JANUARY 5, 2025

AirKeepers expertise in short-term rental management ensures property owners can confidently meet compliance requirements without the stress of managing the complexities themselves. These guidelines are designed to maintain safety, transparency, and compliance for both hosts and guests.

Airbnb 130

Airbnb Compliance Regulation Property 130

MRI Software

MARCH 27, 2025

For technology leaders, its critical to understand how the practical applications of AI can help leverage its potential to drive efficiency, enhance decision-making, and gain a competitive edge. The IT Director ensures AI integration with existing systems, implements access controls, and safeguards compliance.

Real Estate 52

Real Estate Lease Government Compliance 52

Real Property Management DC Metro

FEBRUARY 27, 2025

An essential part of consistency is ascertaining that you are heeding and utilizing the same criteria for every applicant rather than letting emotions or personal biases influence your decisions. Mistake #1: Failing to Screen Consistently Consistency is the central key to effective tenant screening.

Tenant 94

Tenant Applicants Applications Property Management 94

MRI Software

FEBRUARY 12, 2025

From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. Legal compliance: Ensures landlords meet local, state, and federal regulations to minimize legal risks. Managing rental properties can often feel like a full-time job.

Landlord 52

Landlord Residential Property Management Residential Property Management Residential Property 52

Host Tools

MARCH 20, 2025

The licensing process typically involves providing proof of ownership (or landlord permission), meeting safety requirements, and paying the application fees. How to apply: Visit the Department of Neighborhood Service’s website, where you can download the application form for short-term rentals. Start your free trial today!

License 52

License Regulation Compliance Airbnb 52

Yardi Breeze

DECEMBER 6, 2024

Affordable housing operators may want to consider adding RentCafe Affordable Housing , which allows residents to apply or recertify via integrated compliance workflows. Does an applicant have to pay before completing the application process? We love it! Were here to help, and theres no question too big or too small.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

Bay Property Management Group

DECEMBER 12, 2024

Note that you must follow Fair Housing Laws through every step of this process: Draft a comprehensive rental application: In this step, you can gather important information about a prospective tenant. For self-employed applicants, ask for recent tax returns or financial statements. Read below for some key tenant retention strategies.

Tenant 130

Tenant Applications Applicants Property Maintenance 130

American Apartment Owners Association

DECEMBER 16, 2024

While landlords may need access to the rental property for various reasons, tenants have the right to enjoy their space without unnecessary intrusion. Need Legal Help? Chat with a real estate lawyer near you. Its only $5 for a 1-week trial. Ask unlimited questions. If the tenant grants permission for the landlord to enter for a specific purpose.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

HOA Managememt

SEPTEMBER 12, 2024

Board members and community managers alike have a duty to ensure legal compliance. It also serves as proof of compliance. Homeowners associations should keep up with the changes in Florida HOA laws 2024. Unfortunately, it’s often difficult to stay in the loop, especially with the passing of several new laws every year.

Condominium 219

Condominium Education Electronics Government 219

Zeevou

MARCH 19, 2025

Ensuring compliance with these rules is crucial for a successful property management expansion, helping you avoid legal issues and maximise profitability. Legal and Compliance Factors Expanding into a new market requires a strong grasp of legal and compliance factors to prevent costly fines and legal issues.

Property Management 52

Property Management Property Manager Management Property 52

Yardi Breeze

FEBRUARY 12, 2025

Snappt is currently the only provider utilizing AI to uncover applicant fraud. This ensures you can confidently keep fraudulent applicants out of your property while seamlessly enhancing the performance of Yardi Breezes other screening solutions. Undoubtedly, artificial intelligence is the defining technology of our time.

Property Management 100

Property Management Property Manager Management Property 100

Bay Property Management Group

DECEMBER 30, 2024

Non-Discrimination: On a related note, landlords must comply with Fair Housing Laws, the Fair Credit Reporting Act, the American with Disabilities Act, and other applicable federal, state, and local laws. As a rule, you should hire professionals to ensure your property is compliant with applicable safety codes.

Rent 147

Rent Lease Agreement Lease Landlord 147

American Apartment Owners Association

JANUARY 16, 2025

As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence. Regular training sessions are critical to reinforce the importance of these policies and ensure all employees understand their role in maintaining compliance.

Property Management 100

Property Management Property Manager Management Compliance 100

American Apartment Owners Association

DECEMBER 5, 2024

In this blog post, we’ll explore the concept of bonus depreciation, its application to multifamily properties, and how you can leverage it to maximize your investment returns. Working with a knowledgeable tax advisor can help ensure compliance and maximize potential savings. What is Bonus Depreciation?

Real Estate 130

Real Estate Consulting Compliance Applications 130

Buildium

OCTOBER 21, 2024

Whether it’s consulting with outside counsel on things like emotional support animal (ESA) applications, handling delinquencies, or managing collections, legal costs can add up. In this situation, the cost of the project is split evenly among all the members, and each is responsible for paying their portion.

Finance 245

Finance Management Attorney Consulting 245

Real Property Management Chicago

SEPTEMBER 21, 2023

Finding trustworthy renters, taking care of upkeep and repairs, and ensuring compliance with local laws are all part of managing a rental property. More work is generated as a result, including more advertising, applicant screening, rent collection, move-ins and move-outs, and upkeep.

Single-Family Home 130

Single-Family Home Real Estate Commercial Property Management 130