Spotting Fraudulent Rental Applications Renter application fraud is another source of expense for small to medium-sized landlords. TransUnion published a report that stated 97% of property management companies experienced fraud. When the stakes are high for renters to capture a rental in an ultralow vacancy market, some may embellish their rental application data and actually…
Apartment Lease Transfers With rent prices on the rise, renter employment changes (e.g. remote work situation), income changes, and apartment rental supply dwindling in 2023, we may see more lease terminations. When a tenant is in a bind and must terminate their lease, they'll begin to think creatively, such as finding out how they can…
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