Remove Applications Remove Government Remove Rent
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. As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. It will help landlords and property managers make informed decisions about who to rent to.

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. As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. It will help landlords and property managers make informed decisions about who to rent to.It

Insiders

Sign Up for our Newsletter

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

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

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

Rent Control 101: Understanding the Basics

American Apartment Owners Association

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Its implemented by government programs in key municipalities across the U.S.

Rent 130
article thumbnail

Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

Department of Housing and Urban Development (HUD), the Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. How does the Fair Housing Act work? Need Legal Help? Chat with a real estate lawyer near you.

article thumbnail

Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

Department of Housing and Urban Development (HUD), the Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. How does the Fair Housing Act work? Need Legal Help? Chat with a real estate lawyer near you.