Real Property Management Chicago

AUGUST 30, 2024

When considering renting your first apartment, it’s natural to feel both excited and nervous. You can make apartment hunting easier by planning key aspects in advance. By following these basic steps now, you could soon find and rent your first apartment like a pro. Compute the exact dollar amount.

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Apartment Lease Agreement Utilities Rent 130

Bay Property Management Group

DECEMBER 4, 2024

When you manage or own apartments, making sure those units are always filled and making valuable monthly cash flow can be stressful. Having any apartment vacant for months can be a drain. Keeping fresh with all the newest apartment advertising ideas and techniques is key to keeping your business active and money-generating.

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Apartment Landlord Media Engineering 147

Osprey Property Management

JANUARY 2, 2025

Renting out property can be profitable, but it carries certain risks that traditional homeowners' insurance might not cover. This specialized kind of policy is tailored to protect property owners who rent out one or more residential homes, apartments, or condos. That's where landlord insurance comes into play.

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Insurance Landlord Apartment Rent 235

Beach Front Property Management

DECEMBER 18, 2024

Should you rent or own a home? Renting often comes with lower annual costs, as residents are not responsible for property maintenance or significant repairs. Here, we will learn about owning vs renting in detail. Flexibility to relocate : Renting makes it easier to move to a new job or school in a different city or state.

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Rent IT Maintenance Utilities 130

Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

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Rent Landlord Tenant Lease 130

Real Property Management Chicago

JULY 8, 2022

In that event, you may be wondering whether you should rent an apartment or stay in a dorm. Both options have pros and cons; in our opinion, apartments are a great choice for a majority of students. Apartments make more privacy than dorms. Various apartments permit students to have pets, whereas dorms typically do not.

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Apartment Rent Property Management Property Manager 130

Bay Property Management Group

JANUARY 7, 2025

If you need extra income, renting out a spare room can be a great solution. By renting out a room, you can help cover your mortgage, property taxes, utility bills, and more. To make the right decision, establish clear rules for renting a room in your house. However, its not as simple as it looks. Lets explore the pros and cons.

Rent 147

Rent Lease Tenant Lease Agreement 147

ADDA

DECEMBER 1, 2024

Moving into a new apartment is an exciting milestone, but it can also be overwhelming if you’re unprepared. To make the process smoother, having a detailed apartment move-in checklist is essential. From inspecting the apartment to setting up utilities, this guide will help ensure you don’t miss a thing.

Apartment 130

Apartment Utilities Lease Agreement Lease 130

Bay Property Management Group

DECEMBER 16, 2024

Great things come in small packages, and your small apartment is no exception. Here, we’ll share simple small apartment bathroom ideas for making your space more functional– and fashionable. Some small apartment bathroom ideas for this include: B asket rack: Turn an unused bamboo basket into a wall-mounted rack.

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Apartment Property Management Property Manager Tenant 130

Rental Choice

DECEMBER 31, 2024

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent.

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Landlord Rent Lease Agreement Tenant 130

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Each location has its own different requirements and details regarding rent control.

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Rent Rental Unit Landlord Regulation 130

Rental Housing Journal

JANUARY 14, 2025

Zillow predicts in 2025 that rent concessions will decline and more rental properties will become pet-friendly. Apartment renters enjoyed a relatively friendly market in 2024, at least compared to the record rent growth seen in 2022, Zillow said in the report.

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Rent Apartment Property Management Property Manager 104

Rental Choice

NOVEMBER 28, 2024

A lease renewal is a common part of renting. Common adjustments include rent increases, payment schedule changes, and amendments to the rules. In this case, the terms and conditions of the original lease remain the same, including the rent and duration. It offers tenants and landlords a chance to continue the tenancy.

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Lease Landlord Tenant Rent 246

American Apartment Owners Association

OCTOBER 11, 2024

Nationwide & Long Beach, CA October 16, 2024 The American Apartment Owners Association (AAOA) is proud to host its first-ever hybrid Rental Housing Conference on October 16, bringing together thousands of attendees through both in-person and livestream options. Landlords that use smart access control can see an increase in ROI.

Apartment 138

Apartment Landlord Broker Insurance 138

American Apartment Owners Association

DECEMBER 2, 2024

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Critics, however, argue that targeting rent algorithms is a distraction from the root cause of rising housing costs: a lack of supply. They’re here.”

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Rent Attorney Applications Applicants 130

Real Property Management Chicago

JUNE 4, 2021

Once your property is ready to rent, the next phase is to look for the right tenant. Preventive Maintenance We have a unique setup in terms of property maintenance and repair- this is what sets Real Property Management Chicago Group apart. Due diligence is having caution and care while performing tasks. It is done to minimize risk.

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Property Management Property Manager Apartment Management 130

American Apartment Owners Association

DECEMBER 16, 2024

While the second quarter historically has the highest demand for apartments, this year the third quarter was significant enough to outperform the previous three months. Over the first three quarters of 2024, demand for rental apartments has already surpassed last years total by more than 100,000 units. Washington, D.C.,

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Apartment Rent IT Lease 164

American Apartment Owners Association

SEPTEMBER 5, 2024

One of the biggest headaches landlords face is making sure rent is collected on time, every time. An efficient rent collection process helps ensure the money comes in while maintaining a positive relationship with your tenants, reducing stress and saving you time and money. Popular options include Cozy, Rentec Direct, and Buildium.

Rent 130

Rent Tenant Landlord Property Management 130

American Apartment Owners Association

DECEMBER 16, 2024

With a surge in apartment completions, the market is becoming increasingly competitive. Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial. With renting being 40% cheaper than owning on average, ensure your pricing remains attractive.

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Tenant Lease Property Management Property Manager 234

Appfolio

AUGUST 7, 2020

From collecting rent to facilitating repairs, as a property or community association manager, you juggle a lot when it comes to managing your business’ operations. of renters said they would move out or not rent in the first place if dissatisfied with their property management company. Staying On Top of Property Maintenance.

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Property Maintenance Maintenance Single-Family Home Property 363

BiggerPockets

JULY 26, 2024

Renting has its horror stories, and sometimes it gets out of control. Jeff gives us an inside look at what happened when one of his tenants rented out his property without him knowing, plus stories from other landlords.

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Tenant Apartment IT Airbnb 92

American Apartment Owners Association

DECEMBER 2, 2024

Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

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Rent Landlord Property Maintenance IT 130

American Apartment Owners Association

NOVEMBER 7, 2024

Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home. Entry points to the property and apartments should be fortified by creating a security system with video surveillance cameras.

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Tenant Landlord Lease Applications 244

American Apartment Owners Association

JANUARY 13, 2025

Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends.

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Attorney Property Management Property Manager Landlord 281

Rental Housing Journal

NOVEMBER 20, 2024

Multifamily and single-family rents fell in October as supply growth continues to delineate the direction of rents by metro, Yardi Matrix says In the Multifamily October Report. “At At the same time, the drop in starts presages another wave of rent growth in 2026 and beyond. Year-over-year growth, 0.9% since January.

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Rent Apartment Insurance Rental Property 98

American Apartment Owners Association

NOVEMBER 21, 2024

Multifamily revenue management is more than setting rent prices; it’s aligning your apartment community’s whole operation—leasing, marketing, management, and pricing—toward achieving your desired financial outcome. Rent prices alone won’t drive revenue growth. Leasing has a crucial role in revenue management.

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Management Lease Apartment Rent 130

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

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Compliance Rent Landlord Lease Agreement 130

American Apartment Owners Association

DECEMBER 9, 2024

After a volatile period in commercial real estate, many multifamily borrowers that seek to increase the stability and profitability of their apartment buildings have a new take on a business basic: customer service. “What makes a tenant base want to stay in their apartment? How do we build community?

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Lease Lease Agreement Apartment Rent 174

American Apartment Owners Association

SEPTEMBER 16, 2024

Negotiating rent prices can be tough for a landlord. Whether negotiating with tenured residents or prospective renters, you should always be open to discussing rent prices. When to Consider Negotiating Rent When a renter asks to negotiate rent, its normal to have a knee-jerk reaction. Need a Lease Agreement?

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Lease Rent Landlord Rental Income 231

Rental Choice

SEPTEMBER 25, 2024

Landlords often screen potential tenants before they rent out property. While high credit scores are preferable for most landlords, tenants do not need an unreasonably high score just to rent a property. Debts might hinder the tenant’s ability to pay rent every month, resulting in late or delinquent payments.

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Landlord Tenant Rental Property Rental Property Management 246

Rental Housing Journal

JANUARY 7, 2025

The national median monthly rent closed out 2024 at $1,373 in December, after declining by 0.6 percent, or $8, from the prior month, Apartment List says in their January report , ending the year lower than it started. Year-over-year rent growth nationally also currently stands at -0.6 Read the full report here.

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Rent IT Apartment Lease 52

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? What is included in a rental application?

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Applications Applicants Lease Agreement Landlord 246

Rental Choice

APRIL 4, 2024

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. Factors to Consider: How Much Should I Charge for Rent? Local Rent Rates How much to rent a house for a month? One of the best ways to determine the rental price is by examining the local rent.

Apartment 130

Apartment Rent Landlord Single-Family Home 130

American Apartment Owners Association

DECEMBER 9, 2024

Whether youre selling the property or dealing with unpaid rent, its essential for the tenant to move on. Consider Adjusting the Rent Raising the rent can be a strategic way to encourage problematic tenants to move out. Remember to check local regulations regarding rent increases and communicate openly with tenants.

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Tenant Lease Landlord Lease Agreement 220

Property Management Inc.

NOVEMBER 26, 2024

Discovering that you're renting an illegal apartment can be a stressful and unsettling experience. How much is the fine for renting an illegal apartment, and what does it mean for you? Let's get started with this guide to illegal apartment tenant rights and more. What Is an Illegal Apartment?

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Apartment Rent Landlord Tenant 52

Rental Housing Journal

JANUARY 9, 2025

At the same time one of the landlords, Courtland Management, agreed to cooperate with the justice department and enter into a settlement to end the use of common rental-pricing algorithms and competitively sensitive data to set rents. Atlanta-based Cortland manages more than 80,000 rentals in 13 states. billion in 2023.

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Landlord Attorney Rent Apartment 105

Rental Choice

MARCH 5, 2024

Softening Rental Markets According to the report, apartment growth has stalled. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent.

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Apartment Rent Rental Unit Property Management 130