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Tenant screening is a crucial part of effective property management. It ensures that qualified, responsible renters are placed in rental properties, fostering positive, long-term tenancies. Proper screening helps reduce late payments, property damage, and renter turnover, leading to smoother operations and greater peace of mind.
Despite shifting market conditions, the property management industry continues to grow at a stellar rate. According to Buildiums 2025 Property Management Industry Report , 82% of the management companies we surveyed experienced portfolio growth within the last two years. Allow prospective tenants to apply online directly from listings.
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AB 2747 is a California rent law designed to make Rent Reporting more accessible, helping Renters build credit while setting clear guidelines for Landlords. Rent is one of the largest recurring expenses for most people, yet it has historically not been reflected in credit scores. Confirmation that Rent Reporting is optional.
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Ray Hespen, who is a frequent flier on The Property Management Show, joined us again to discuss maintenance metrics and how measurement improves resident satisfaction and owner NOI. He was investigating what it would look like if property managers looked at maintenance from a data-driven standpoint. Its a super-high trust game.
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But dont worrythere are still ways to rent after one, even if it feels tough. Main Takeaways Knowing exactly how to rent with an eviction on your record can seem daunting. You could rebuild your rental history with short-term rentals, use honesty as the best policy with potential landlords, rent with a co-signer, and seek legal aid.
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Wondering, “what credit score do you need to rent an apartment?” Before our property management company in Washington, D.C. answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with. Before our property management company in Washington, D.C.
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Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. A Positive Response Amid the Chaos: Ratner Property Management While some landlords have capitalized on the crisis, others are stepping up to support their communities.
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On the other hand, tiny houses and ADUs (accessory dwelling units) that are situated on a property that also has a traditional dwelling may see a greater increase in value. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.
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Do not like the idea of constantly dealing with some properties? Thus, it is clear that the need for a Property Management Virtual Assistant is the solution for your needs. In the course of […] The post A Property Management Virtual Assistant Manages Tasks from Tenant Screening to Rent Collection.
As a landlord, attracting reliable tenants is one of the most important aspects of managing your rental property. The rental market is competitive, and filling vacancies quickly while attracting high-quality tenants can be a challenge. Consider the type of property you own. Keep your listings up to date to stay visible.
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