The entire country is currently very sick of commercials with sad face emojis and pouting voices all themed around saying “during these unprecedented times.” It’s all well and good to have a support system but if one more advertisement promises that now is a great time to buy a car because this one brand understands
As any savvy property manager knows, a good credit score is indicative of so many things. When reviewing prospective tenants, this is one of many factors you should consider before preparing the rental contract. While parts of the CARES Act are supposed to make sure that missed payments caused by COVID don’t dramatically impact a
Reputation can be everything these days. From trending This Person is Over Parties on Twitter, people getting “cancelled,” to “getting out the receipts” for past bad behavior, it all shows that you need a good rep to keep your business going. It’s not all bad news, however, because your applicants need a good reputation, too.
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
With more multifamily housing professionals working from home, ensuring all your leasing processes are digitized is more important than ever. Integrating your resident screening with your property management software allows your team to access quality background reports easily while working remotely. While using a pre-set screening solution provided by your software service might be convenient,
Criminal records for rental decisions have become increasingly restricted over the past few years, and those efforts could be accelerated. As many local and state prisons and jails have released prisoners early during the coronavirus pandemic, there are concerns post-COVID that those previously incarcerated could become a protected class. As a protected class, resident screening
As the COVID-19 pandemic has shaken the nation in the past few weeks, state and local governments have responded to the threat of mass evictions in varying ways. Unfortunately, outside of HUD housing, there is currently no nationwide rental housing guidance on how to handle the financial fallout from renters unable to pay rent due
A background check is one of, if not the, most important part of a property manager’s job. You can hire someone for day to day tasks, if your repair guy didn’t do a perfect job fixing the sink then you’ll survive, you have insurance for the big issues, blah, blah, blah, but background checks for