Apartment Fire Prevention

Posted by & filed under Property Management.

Did you know cooking is the leading cause of apartment fires and fire-related injuries? Nearly half of all home fires start in the kitchen, resulting in approximately 10% of residential fire deaths in the United States. Apartment fires, whether caused by cooking or an electrical fault, can spread rapidly and put the lives of other… Read more »

Rental Property Bookkeeping & Accounting 101

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If you’re a busy landlord, you may be tempted to let your accounting fall by the wayside—but did you know that 82% of businesses fail because they don’t manage their cash flow well? Although bookkeeping tends to take the back burner, it’s crucial for the success of your business. Fortunately, setting up an efficient accounting… Read more »

What You Should Know About Rental Application Fraud

Posted by & filed under Rental Housing.

Tenant application fraud has always been a problem in the rental housing industry, but it’s been on the rise since the start of the pandemic. One survey conducted in 2021 found that 55% of property managers experienced rental application fraud every few months, with 15% dealing with multiple fraudulent applications each month. To help you… Read more »

The Top 10 Tenant Red Flags to Watch For

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Everyone wants a tenant who pays their rent on time and is respectful of the rental property—but sometimes you might need to go through several applicants before you find the right fit. Although tenant screening is the best way to quickly eliminate problematic applicants, there are some red flags that can also help you avoid… Read more »

Protect Your Investment by Learning How to Spot Fake Pay Stubs

Posted by & filed under Property Management.

Most prospective tenants are honest when filling out their rental applications; unfortunately, this isn’t always the case. Many landlords have discovered that applicants included falsified information in their applications. Fake pay stubs are one of the most common falsified documents rental applicants submit, so it’s important to know how to verify their authenticity. To help… Read more »

How to Handle Tenant Property Damage

Posted by & filed under Property Management.

Owning a rental property can be an exciting business opportunity, especially if you have responsible tenants who take good care of the home and pay their rent on time each month—but sometimes things don’t go as planned. You might find an amazing tenant, or you might end up with someone less than ideal. They may… Read more »

How to Help Support Tenants Who Are Victims of Domestic Violence

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Each year, approximately 10 million people in the U.S. suffer from domestic violence. According to statistics from the Center for Disease Control, this amounts to nearly 20 people per minute being physically abused by an intimate partner. When you consider that around 37% of households are renters, domestic abuse at one of your properties could… Read more »

Why You Should Consider Switching to Online Rent Payments

Posted by & filed under Rent.

Landlords Property Managers Contact TSCI According to numerous surveys, most landlords rank payment problems as one of their top concerns. Chasing down rent payments is a nuisance that wastes valuable time—it can also undermine the landlord-tenant relationship. Even worse, payment issues can put your rental income at risk and lead to tenant turnover and costly… Read more »