Overcoming Affordable Housing Challenges
The lack of affordable housing and rising operational costs are major challenges in the multifamily industry, particularly for affordable housing providers.
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Resident Screening: Is more better?
Currently, it’s very easy to go online and create fake pay stubs or new identities that will help individuals get approved that may not meet all of your requirements based on their actual credit history and income. In the past it has been time consuming and/or costly to run background and income checks on applicants. So the question arises how in-depth your screening process needs to be?
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Protect Your Properties from Application Fraud with These 6 Tactics
Fraud is a growing concern for property owners and managers. With the rise of digital applications and sophisticated fraudulent tactics, it's more important than ever to be vigilant. But exactly how common is fraud in the multifamily industry?
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Mastering Tech in Multifamily: Insights from Property Management Pros
At the recent Apartmentalize conference, multifamily industry veteran and Entrata Principal, Virginia Love moderated a panel which included Tracy Bowers of Gallery Residential and Jake Jarman of Redstone Residential. The conversation delved into the impacts technology has on streamlining resident experiences and enhancing resident experiences in the ever-evolving world of multifamily property management.
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Factors influencing whether or not PMCs pursue affordable housing
Whether you’re managing HUD Section 8 (Project Based), HUD Vouchers, or Low Income Housing Tax Credits (LIHTC), or many other state and local programs, the nuances of each program can be difficult to navigate.
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How to More Accurately Predict the Future Using Data
One of the hardest parts of running any successful business in any industry, but especially in multifamily, is planning for the future.
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Compliance Update: Legislation Related to Fee Transparency
Federal and State legislation is targeting deceptive fee practices across industries, the rental housing industry being one of those affected. This includes the White House proposal for a Renters Bill of Rights (discussed further below) and weighing in heavily on the discussion of Junk Fees with the FTC’s proposed rule on “Unfair and Deceptive Fees”.
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