American Apartment Owners Association

SEPTEMBER 13, 2022

Rent control places a limit on how much a landlord can charge their tenants in their lease and lease renewal. Many more rental units are affected by this program and are what most people think of when they consider New York City rent-controlled housing. there are rent control laws that affect some rental units.

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Rental Choice

APRIL 4, 2024

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. There is no set rule or standard when it comes to determining a rental price. Factors to Consider: How Much Should I Charge for Rent?

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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

Buildium

JANUARY 22, 2025

The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online. Additionally, create posts that provide valuable information, such as “How to Choose the Perfect Apartment” or “5 Reasons to Live in [Your City].”

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MRI Software

SEPTEMBER 5, 2024

Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units. For example, an occupancy rate of 90% in a 50-unit apartment means that 45 units are occupied. Lease terms Flexible lease terms can also influence occupancy rates.

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American Apartment Owners Association

OCTOBER 18, 2024

The Importance of Occupancy Limits Occupancy limits are established to maintain safety standards and prevent overcrowding in rental units. 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.

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Bay Property Management Group

DECEMBER 11, 2024

So, you should find a sweet spot to retain tenants and keep the units occupied. You can achieve this by offering incentives to tenants who want to extend their leases, managing your property well, and setting competitive prices for your rental apartments to draw in new tenants.

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American Apartment Owners Association

AUGUST 7, 2022

in a rental unit. Violating community health and safety standards: Letting a rental property get so dirty it attracts rodents or insects, which may make other tenants feel unsafe. Staying on premises after the lease has expired: When the lease is up, so is the tenants time living at your property.

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American Apartment Owners Association

AUGUST 7, 2022

The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease. Proper notice can vary between 30 to 90 days.

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American Apartment Owners Association

SEPTEMBER 2, 2022

Or you could skip the rental part altogether and buy that same single-family house, make the necessary repairs and sell it at a profit, also known as house flipping. If you think you can handle more than one tenant, you could invest in an apartment building and collect multiple rent checks every month. What resources does AAOA offer?

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Real Estate Rental Property Apartment Rent 130

Authority Property Management

APRIL 4, 2024

Can a Landlord Enter Your Apartment Without Notice? First and foremost, it's essential to recognize that tenants have a right to privacy within their rental unit. This means that landlords cannot enter your apartment without proper notice and your consent. This blog post aims to provide clarity and guidance for renters.

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American Apartment Owners Association

NOVEMBER 2, 2022

You never know when your units could sit vacant for several months or if youll have to make a burdening repair that may offset your inflow. Here are a few ways you can increase your rental property cash flow. You dont want to raise rent significantly above what rental properties similar to yours in the area are charging for example.

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Authority Property Management

DECEMBER 3, 2015

However, you will need to know how to prepare your rental property for rent in Redding CA. Expert property management requires the ability to make apartments and homes aesthetically pleasing to potential renters and financially profitable for property owners. Managers hire contractors to make necessary repairs before showing the unit.

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Authority Property Management

MARCH 14, 2016

Things Rental landlords should look at before getting a tenant. When it comes to finding a rental home or apartment, most tenants are more concerned with simply making sure they find a place to live than they are with meeting the common requirements that come with renting. In 2014, we handled over a thousand rental units.

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American Apartment Owners Association

NOVEMBER 2, 2022

Rental property maintenance and upkeep Look out for lease-violating activities – like property damage your tenants might have caused. Landlords should always be aware when their rental unit needs maintenance or repairs and when its time to make improvements and replace items.

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Florida Property Management

APRIL 2, 2022

This means landlords will evaluate selling their properties to owner occupants in some cases diminishing the number of available rental units in a given market. 5- Bad tenants are incentivized to renew their leases as well as good tenants. 5- Bad tenants are incentivized to renew their leases as well as good tenants.

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Rent Rental Unit Landlord Tenant 52

Authority Property Management

AUGUST 23, 2021

Millions of American renters have been affected by rental scams. According to an Apartment List survey carried out in 2019, over 5 million renters in the United States fell victim to rental fraud. Many have learned from their mistakes; however, there are a good number of renters who fall for rental scams.

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Property Management Property Manager Management Property 52

Florida Property Management

DECEMBER 16, 2023

Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. Understand Your Lease Agreement: Before implementing any preventive measures, carefully review your lease agreement.

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MRI Software

FEBRUARY 20, 2024

Renters insurance, also known as tenants insurance, is an insurance policy designed for individuals in a rented home, apartment, or multifamily property unit. This will protect you from the legal costs if someone is injured in your rental unit or if you accidentally cause damage to someone else’s property.

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Real Property Management Choice

JULY 21, 2015

This law applies to any lease executed, renewed or extended on or after 1st July 2015. This applies to all landlords and they should NOT use the new license to deny a prospective tenant an apartment during the screening process. Terminating Lease Agreement According to senate bill No.612, According to senate bill No.745,

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Landlord Electronics Attorney License 52

MRI Software

AUGUST 3, 2024

Occupancy Rate Indicates the percentage of rental units occupied by tenants. A 100% occupancy rate means all units are leased, while 0% means none are. Tracking this KPI helps evaluate leasing strategies and tenant demand trends, informing pricing and marketing decisions and aiding in maximizing rental occupancy rates.

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Property Management Property Manager Management Property 52

MRI Software

AUGUST 4, 2024

A multifamily property is more than just a building with multiple rental units. Key aspects landlords should consider in multifamily housing communities A well-rounded apartment community management plan is essential for creating a positive living environment for your tenants.

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Management Property Property Management Software Maintenance 52

Authority Property Management

JUNE 16, 2024

Unfurnished Matters One significant flaw in Zillow's Rent Zestimates® is the failure to differentiate between furnished and unfurnished rental units. In Redding, furnished rentals typically command an additional $500 to $1,000 per month compared to unfurnished units.

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MRI Software

DECEMBER 13, 2024

They help maximize existing land use, creating additional units without the need for large-scale developments. For example, a six-unit apartment building could add two conversion ADUs and two detached ADUs under current regulations. Adaptability: Use ADUs as rental units, guest housing, or even office spaces for remote workers.

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Authority Property Management

JULY 12, 2022

If you ever feel like you’ve had enough of a particular place, it’s a lot easier to break a lease, and move across the country than it is to sell a house. You don’t have to deal with property Taxes When you are renting, you have no obligation to pay property taxes on a rental apartment or unit.

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Authority Property Management

JULY 20, 2021

More so, contract rent is the rental payment that’s agreed upon in the lease. Why is it important to charge the right rental price? The right rental price will depend on numerous factors, and these include: The type of property: Is your rental property an apartment, single-family home, or a duplex?

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Single-Family Home Utilities Rental Property Rent 52

Muldoon Associates

OCTOBER 3, 2024

Happy tenants are more likely to renew leases, take care of the property, and refer others to your properties. These additions can enhance the tenant experience and set your properties apart from the competition. Modern Amenities : Invest in modern amenities such as high-speed internet, fitness centers, and communal spaces.

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American Apartment Owners Association

NOVEMBER 18, 2024

Then, based on the overhead numbers you have supplied to them, they can help you determine the amount of rent you will need to charge for each rental unit. Advertising: Aside from bringing in new leads from their own sources, the manager will post listings about your available unit on the property website and internet listing sites.

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Property Management Property Manager Management Property 246

Rental Housing Journal

JANUARY 5, 2025

Drew Hamrick, general counsel with the Colorado Apartment Association, told Denver7.com Its main pricing software is AI Revenue Management (AIRM, formerly YieldStar), but RealPage also owns Lease Rent Options (LRO), which it acquired from its main competitor in 2017. And that information, in most cases, is not public.

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