Using information from tenant credit checks when screening tenants can be confusing. For instance, does a landlord need a tenant credit check if they have verified the rental applicant's income? What if the person seems honest and has good references? Is it unfair to...
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Rental Property Management Tips
These Landlords Most at Risk for Income Loss
Absentee landlords. It's a term that applies when a landlord isn't around very often. This may be because the landlord lives a significant distance from the rental. Some people never intended to be landlords but found themselves needing to move or managing a property...
Alberta Rebounds
The Alberta rental market saw significant improvement over the past five months, according to a new report from Hope Street Real Estate Corporation, an industry leading tenancy management firm specializing in residential rental management. Edmonton experienced a 21%...
Landlord Sued for Rejecting Ex-Con
A Chicago landlord is facing a lawsuit after rejecting a rental applicant with a criminal history. The tenant was convicted of armed robbery 20 years ago and served six years in prison. The African-American man currently suffers from a disability which limits his...
When Was the Last Time You Updated Your Rental Application?
A solid rental application allows a landlord to quickly identify qualified tenants, obtain the consent needed to run a tenant background check, lead a debt collector to a tenant who defaults, and flag and prosecute tenant fraud. Is your application up to the task? A...
U.S. Apartment Market Sees Record Growth
Demand for apartments across the U.S. climbed to an eight-year high last quarter and rent growth accelerated, according to the latest report from real estate technology and analytics firm RealPage, Inc. The occupancy rate climbed to 95.4 percent, and rent growth moved...
Lawmakers Seek to Curb Fraudulent Companion Animal Requests
The Utah State Legislature is mulling a statute that would criminalize fraudulent companion animal requests. The move comes after extensive news coverage of perceived companion animal fraud, most recently involving airline passengers. Companion or emotional support...
Top Property Management Strategies for 2019 – and Beyond
Thinking Long-Term In 2018, Canada's rental market yielded low vacancies, scant rental housing options, and fewer fixed-term leases. New regulations on the horizon will seek to restrict evictions. All that leads to one universal prediction: tenants are going to be...
British Columbia to Revamp Rental Regulations
The final recommendations from British Columbia's Rental Housing Task Force are complete, and the provincial government now must mull what changes to make to the Residential Tenancy Act. While the list of recommendations is long -- 23 separate points -- it is short on...
Landlord Tips for Surviving Dispute Resolution
Despite a landlord's best efforts, a tenancy can take a bad turn and wind up in dispute resolution. Actions like evictions and claims for unpaid rent are stressful, time-consuming, and costly for landlords. Procedural delays can take months, and even then, there is no...