Category

Rental Property Management Tips

How to Make the Most of a Tenant Credit Check

How to Make the Most of a Tenant Credit Check

Running tenant credit is the final step in the tenant screening process. This information helps landlords: Uncover tenant fraud including identity theft and false identity; Confirm the applicant's qualifications; and, Gain leverage for on-time rent payments. A credit...

Vancouver to Increase Vacancy Tax

Citing the apparent success of the Empty Homes Tax in creating more rental housing, Vancouver lawmakers voted to increase the tax in 2021, sending an "even stronger message" to owners of vacant properties. This vacancy tax currently is set at 1.25% of the property's...

Alarming Rise in Tenant Fraud

Alarming Rise in Tenant Fraud

The rental industry is experiencing a significant rise in fraud activity among applicants, that according to a new fraud analysis from TransUnion Credit Bureau. During the period from March 2020 to August 2020, landlords saw a nearly 30% increase in applicants who...

10 Simple Ways to Avoid Nightmare Tenants

10 Simple Ways to Avoid Nightmare Tenants

Major property management firms report that tenant fraud -- rental applicants who misrepresent qualifications -- is a common occurrence. These applicants are the most likely to become nightmare tenants, skipping out on rent, damaging the property, or causing...

Eviction Ban Highlights Need for Tenant Accountability

Eviction Ban Highlights Need for Tenant Accountability

A retired British Columbia couple in their seventies shared their frustration after their tenants disappeared during the province's eviction moratorium, leaving the fixed-income landlords with over $4,500 in unpaid rent. To add insult to injury, at least one of the...

Lawmakers Resist Effort to Seal Eviction Records

Louisiana's legislature rejected a bill that would have prevented landlords there from obtaining eviction records on tenants who did not pay rent during the pandemic. The measure would have prevented courts from reporting eviction cases for nonpayment that occurred...