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.

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Bay Property Management Group

NOVEMBER 18, 2024

There are all kinds of reasons why someone would need to break their lease. How can you break your lease without penalty? Here are some common ways in which someone might find a way to break their lease without penalties. Early Termination Cause Leases can vary a lot. Life gets in the way, right? Good question!

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Real Property Management Evertrust

SEPTEMBER 19, 2024

But renting an apartment during this chilly season comes with its own set of challenges and considerations. If you are looking for a rental apartment in Portland, Maine, during the winter months, it’s crucial to understand how the season affects apartment hunting, living conditions, and utilities. including Portland, Maine.

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American Apartment Owners Association

NOVEMBER 25, 2024

You’d hope that renters believe your rents match the value and lifestyle your apartment community offers and your staff agrees. How most apartment communities set their rent prices creates more distrust for everyone, whether they realize it or not. Following competitor rent pricing data is common for most apartment communities.

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Apartment Rent IT Lease 130

Rental Choice

AUGUST 6, 2024

Smoking in apartments is a contentious issue that has caused many disputes between landlords and tenants. In addition, landlords may prohibit smoking under the rental agreement and an apartment smoker will face consequences should they ever break the rules. Smoking in Apartments and Tenants’ Rights Can I smoke in my apartment?

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Apartment Tenant Lease Agreement Regulation 130

American Apartment Owners Association

DECEMBER 5, 2024

When winterizing multifamily rental apartments , it is essential to think beyond storm damage prevention. If you are planning to start preparing your apartment buildings for winter, BFPM is here to help you stay ahead of the impact of the season. It is more than a good practice—it is a must. Paying Too Much For Insurance?

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Apartment Maintenance Education Insurance 130

Bay Property Management Group

JANUARY 19, 2025

Today, we proudly introduce David Rosenfeld, Senior Leasing Agent for BMG. Meet David Rosenfeld, Senior Leasing Agent In David’s role as a senior leasing agent, he finds qualified renters to place in properties throughout Baltimore City and County. David graduated from the University of Maryland in 2009.

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Lease Property Management Property Manager Management 130

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.

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Apartment Utilities Lease Agreement Lease 130

American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Legal responsibilities of a landlord Warranty of Habitability: Every lease or rental agreement includes an implied warranty of habitability, which means the premises are suitable for human occupancy.

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Real Property Management Chicago

NOVEMBER 30, 2017

Maybe you’ve even found the perfect apartment, condo, duplex or rental home. Different landlords have different application requirements, but many are expecting very similar things from applicants before they sign a lease. Check Your Credit Reports This is the first step in any successful apartment search.

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Apartment Rental Property Property Applications 130

American Apartment Owners Association

NOVEMBER 25, 2024

An accelerating surge in apartment rents is tightening the squeeze on the most affordable segments of the U.S. According to a new report from Redfin, renters seeking apartments under $1,000 a month are increasingly struggling to relocate as rising costs force them to stay in place longer and the number of new listings continues to dwindle.

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Updater

DECEMBER 16, 2024

At BRG Apartments, Kendra Miller, Portfolio Manager, knows just how critical it is to create a seamless move-in experience. She has a clear vision: leverage technology like Updater Pro | Onboarding to reduce stress for both residents and leasing teams. For many in multifamily, the move-in process can be a make-or-break experience.

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Apartment Lease Management IT 100

American Apartment Owners Association

DECEMBER 16, 2024

In this blog post, we’ll explore the following: Understanding Why Tenants Leave Rising Supply, Increasing Competition for Residents 8 Tips to Minimize Tenant Turnover Understanding Why Tenants Leave Before diving into retention strategies, it’s crucial to recognize the common reasons tenants choose not to renew their leases.

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Tenant Lease Property Management Property Manager 234

American Apartment Owners Association

NOVEMBER 25, 2024

Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease. Yes, property managers are within their rights to enforce occupancy limits as long as these limits are clearly defined in the lease agreement and compliant with state and local regulations. Can Occupancy Limits Be Enforced?

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Compliance Lease Agreement Property Management Property Manager 299

Real Property Management Chicago

JUNE 4, 2021

On top of that, we will help you get suitable landlord insurance and provide high-quality, detailed lease documents that clearly outline the terms of your agreement with your 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.

Property Management 130

Property Management Property Manager Apartment Management 130

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. Leasing has a crucial role in revenue management. Are you allowing leases to expire simultaneously?

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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? ” Need a Lease Agreement?

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Lease Lease Agreement Apartment Rent 174

American Apartment Owners Association

DECEMBER 9, 2024

Its essential to remember that these approaches are designed to respect legal processes and lease terms while offering alternatives that can help avoid the costs and complications of eviction. Offering to help make their move easier boosts the likelihood of agreeing to a shorter lease term.

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American Apartment Owners Association

SEPTEMBER 16, 2024

Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease. A rent concession is used to incentivize renters to sign a new lease orrenew an existing lease. Doing so will hopefully persuade them to sign the lease and fill your vacancy. You decline, and they end their lease.

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Lease Rent Landlord Rental Income 231

American Apartment Owners Association

DECEMBER 9, 2024

Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease. Identify unique selling points and features that set your property apart. Include Essential Information Ensure that all essential information is included, such as rental price, security deposit, lease terms, and utility details.

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Property Listing Rental Property Property Media 201

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., to -2.2%.

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Apartment Rent IT Lease 164

Updater

DECEMBER 16, 2024

With such frequent cancellations, pre-leasing efforts suffered, leading to occupancy challenges and potential revenue loss. To address this, BRG Apartments turned to Updater, a move-in technology that streamlined communication and task management for new residents.

Apartment 130

Apartment Lease Management Property Management 130

American Apartment Owners Association

DECEMBER 16, 2024

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. Checking compliance with lease terms, such as pet policies or smoking restrictions.

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Landlord Lease Agreement Tenant Lease 246

American Apartment Owners Association

NOVEMBER 21, 2024

All applicants over the age of 18 must be on the lease and should be screened. This statement can be used in a lease termination or eviction if the tenant misrepresents information on the application. Rushing into a lease agreement without an application and professional screening could end up being the biggest mistake you make.

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Applications Applicants Lease Agreement Landlord 246

MRI Software

DECEMBER 9, 2024

Completing a tour path inspection of your apartment community is essential to a successful leasing experience. Your apartment tour path should be the routine trip you take all prospects on when showing either a model or vacant apartment home and all the amenities your community has to offer. All inclusive. Well-known.

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Apartment Lease IT Maintenance 52

Bay Property Management Group

JANUARY 19, 2025

In simplest terms, prorated rent generally refers to a rent amount the landlord adjusts according to how many days you’ve lived in an apartment. To give an example, let’s assume a tenant moves into a rented apartment on January 16th. Is prorated rent applicable for short-term leases?

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Rent Landlord Tenant Lease 130

Bay Property Management Group

JANUARY 7, 2025

Shorter Rental Vacancy Time The good news is that spare rooms are sometimes easier to rent out than entire apartments or houses. Individualized Leases The advantage of individualized leases is that they let you customize the rental agreement terms based on the tenants unique situation.

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Authority Property Management

FEBRUARY 13, 2024

Maximizing Comfort and Convenience in Redding, CA: Your Guide to the Perfect Apartment Hunt Finding the perfect apartment can feel like searching for a needle in a haystack, especially when you're not quite sure what you should be prioritizing. The location of your next apartment can significantly impact your daily life.

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Apartment Transportation Lease Property Management 52

Real Property Management Chicago

FEBRUARY 17, 2023

If you’re an Arlington Heights renter, subletting your rental home or apartment is a good way to make some additional money; on the other hand, you must be careful because the situation is not always perfect – or legal. Even if your landlord allows subletting, there are pros and cons that you need to consider before making a decision.

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MRI Software

DECEMBER 1, 2024

Managing an apartment complex is a significant financial responsibility, requiring careful attention to cost management to maintain profitability. This guide will explore essential strategies for effectively managing an apartment complex, from budgeting and cutting unnecessary expenses to maximizing revenue through smart management practices.

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Apartment Management Property Property Management 52

Lula

AUGUST 9, 2024

Enhancing Rental Properties with Efficient Laundry Facilities When I was viewing my current apartment for the first time, before I had even seen a rental agreement, I was elated to learn that use of the onsite laundry facility was provided free of charge. For those of you who manage single-family homes, hang on! (For

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Rental Property Single-Family Home Property Apartment 130

MRI Software

DECEMBER 17, 2024

Apartment complex management software provides the streamlined, effective solutions you need to stay on top of daily tasks. From simplifying lease renewals to ensuring robust tenant satisfaction, this software is packed with benefits. Why is apartment complex management software important?

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MRI Software

OCTOBER 13, 2023

When applying for an apartment lease, applicants may provide a Credit Privacy Number (CPN). In this blog, we highlight what is a CPN apartment, how to apply for an apartment with a CPN, and the potential risks for landlords. Why use a CPN for an apartment? How can people apply for an Apartment with a CPN?

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Apartment Applications Applicants Landlord 52

American Apartment Owners Association

NOVEMBER 27, 2024

But in today’s increasingly competitive and dynamic market, generating Alpha—the excess return above market benchmarks—requires more than simply owning an apartment building and collecting rent. Retaining good tenants by offering perks, flexible lease terms, or minor unit upgrades can help avoid costly turnovers and vacancy losses.

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Real Estate Rental Income Lease Tenant 130

MRI Software

SEPTEMBER 12, 2024

households owning a pet, the demand for pet-friendly apartments is rapidly growing. Adding an apartment pet fee or an apartment pet deposit can attract more tenants to your properties and boost your income. What are pet and deposit fees in multifamily apartments? With an estimated 70% of U.S.

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Apartment Lease Agreement Lease Tenant 52

Property Management Inc.

NOVEMBER 26, 2024

Most apartments look fantastic when you view the listings. You may have found yourself in an illegal apartment. Read on to learn more about illegal apartments tenant rights and how to remedy the situation. Illegal Apartments: What Are They? Have you made a mistake with your decision, or is there more to it than that?

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Apartment Tenant Landlord Regulation 52

MRI Software

NOVEMBER 26, 2024

Corporate leases are becoming an increasingly popular option for landlords seeking stable and reliable tenants. For landlords and property managers, understanding corporate leases can help optimize rental strategies and reduce vacancy rates. What is a corporate lease?

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