Hiring can be a lengthy process filled with stacks of applications and resumes, phone calls, and decisions. While “ban the box” employment laws might seem to make it longer by changing up when you can screen for criminal histories, it’s worth it to get that extra protection from liabilities. Here’s why you shouldn’t be afraid
Just as states were opening up to hear unlawful detainers again, the U.S. Centers for Disease Control and Prevention (CDC) said psych! After the Trump administration directed last month that a nationwide eviction moratorium needed to be accessed, the CDC announced a new order to curb the spread of COVID-19… and you are not going
Over the past few years, we’ve seen state legislators turn up the heat when it comes to proposing and passing new landlord-tenant laws and credit reporting regulations. While prior years have been focused on ban-the-box, criminal screening restrictions, and rent control, this year’s big debate is unsurprisingly how to deal with COVID-19 related unpaid rent
Perseverance and grit are built into the foundations of our industry. While March through June of 2020 was taxing to say the least, you’ve had time to remodel your policies and procedures to adapt to rental applicants with an unfamiliar kind of recent credit history. As we were all scrambling over these four months, VantageScore
Running a business is not easy normally, but with a declining economy, hiring can be extra challenging. If you’re scratching your head over how you’ll get things done on a tight budget (especially in the multifamily housing industry), take a look at hiring freelancers for your short-term projects. Why Hire a Freelancer? While plenty of
In America, the multifamily housing industry is at crossroads when it comes to evictions. While some states have begun to reopen with the promise that the courts will start hearing eviction cases later this month, others are considering extending eviction moratoriums due to rising COVID numbers. Regardless of when the courts open back up, the
Rental housing laws surrounding your application, resident screening, and the decision process are constantly evolving, and it can be tough to keep up. While the leasing process has grown to become time-consuming and complex, it’s vital that you not only establish written rental criteria but update it annually to adapt to the changing multifamily housing
Credit scores (or “credit risk scores”) are widely used within the rental housing industry to gauge a rental applicant’s financial prowess. You know the drill – generally, the closer your score is to 850, the easier it is to secure loans, lower interest rates, and rental housing. While you might know all about credit scores
While these are strange times for all of us, the one constant you can expect in California is rapidly changing rental housing legislation… and even in a pandemic, this is no exception. With a mixed bag of potentially detrimental and positive bills, make sure you stay on top of these proposed laws in California. While
The multifamily housing industry often feels the ripples of economic change in a direct way. Move outs, unpaid rent, late notices, subletters or roommates, and even evictions can have unintended consequences to long-term unemployment. With most businesses shuttered, many renters are facing financial insecurity due to the coronavirus pandemic. As of this writing, over 36
