article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Debt-To-Income Ratio (DTI): What Investors Need to Know

Bay Property Management Group

In turn, that could make lenders hesitant to approve your application. Lets look at them both: Front-End DTI (Housing DTI) The front-end DTI focuses only on housing expensesthings like your mortgage payment, property taxes, homeowners’ insurance, and HOA fees, if applicable. This range shows that your financial health is strong.

Insurance 147
article thumbnail

A Caution to AI: The Possibility of Fair Housing Violations in Communication and Payments

American Apartment Owners Association

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. Others may rely on government-issued checks or prefer cash payments for personal reasons.

article thumbnail

Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. Follow the rules of order and governing documents when making decisions to ensure their validity and legality.

article thumbnail

BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

Erica Hanichak, government affairs director at the Financial Accountability and Corporate Transparency Coalition, is telling businesses they should still file their information. The end of the first reporting deadline is January 1, 2025 (applicable to businesses formed before January 1, 2024). The deadline itself hasnt changed.

article thumbnail

ADDA.io’s Estate Managers Workshop 2025

ADDA

GST Compliance : He clarified questions on GST and informed about the applicability of the GST rates (18% GST applies for maintenance fees of Rs. Bylaws and Accountability: Obtain builder bylaws early, vet them, and create a community booklet for transparency and improved governance.