Remove Landlords Remove Reference Remove Tenants
article thumbnail

Meeting Renters Where They Are

Appraisal Buzz

Currently, the property management industrys reliance on legacy payout processes can lead to refund errors and delays that inconvenience tenants when moving into their new homes. Evolving Tenant Preferences Today, most renters are digital-first.

Tenants 397
article thumbnail

12 Questions to Ask Tenant References

BiggerPockets

Getting the right tenants is crucial for having a seamless landlord experience. Here are 12 questions to ask tenant references to ensure they're a good fit.

Tenants 94
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gen Z Households Remain Rent-Burdened, but Housing Vouchers Offer Relief 

Appraisal Buzz

For instance, almost three-quarters of Gen Z tenants in cities like San Diego, Los Angeles, and Sacramento are burdened by their rent. It is customary to refer to households that are over this 30% threshold as “rent-burdened.” The participating household pays the landlord directly with the housing subsidy.

Landlords 195
article thumbnail

The Challenges of Appraising Multifamily Properties

Appraisal Buzz

It’s not uncommon for people to have tenants or roommates, but you’ll typically find that isn’t the case with single-family houses. If you want to be a real estate investor, you wouldn’t necessarily purchase multiple single-family properties when you could fit more tenants into one building. That’s why multifamily homes exist.

Appraisal 397
article thumbnail

13 Illuminating Questions Landlords Should Ask Every Prospective Tenant

BiggerPockets

Your tenant application should cover much more than the basics of name, address, and references. Get a full snapshot of each applicant with these questions.

Tenants 78
article thumbnail

How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

The Robert Weiler Company

Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord.

Tenants 144
article thumbnail

Multifamily Building Permits Stall Despite Steady Apartment Demand

Appraisal Buzz

Two reasons builders are seeking fewer permits are: Elevated interest rates have made it more expensive to borrow money for construction projects, AND there’s already a near-record number of new multifamily units hitting the market due to a building boom in recent years, making it difficult for some property owners to find tenants.

Tenants 195