Yardi Breeze

FEBRUARY 11, 2025

If youre trying to get better at AI tools like ChatGPT , youve probably already seen your share of explanations, descriptions, definitions and guides on the importance of artificial intelligence (AI). Where to use AI in property management The great thing about AI is that if you can use it for one application, you can use it for many.

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Real Property Management Chicago

JUNE 4, 2021

In order for your property to meet the legal definition of “habitable” , due diligence is carefully done to make sure that you have all you need to keep liability at its lowest. We have a multi-step screening process that verifies each applicant’s background and financial stability.

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Bay Property Management Group

DECEMBER 23, 2024

Key Takeaways from this Article Role Definitions and Responsibilities : A landlord owns the property and is responsible for key tasks like setting rental terms, maintaining the property, and adhering to legal regulations. Lets dive in! However, working with experienced professionals ensures your property is managed effectively.

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Beach Front Property Management

DECEMBER 30, 2024

Definition of Mortgage A mortgage is a loan agreement where you borrow money from a lender to purchase property, with the promise to repay it along with interest. Extra savings for mortgage reserves can also strengthen your application, especially with credit challenges. If payments are not made, the lender can claim the property.

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Bay Property Management Group

DECEMBER 2, 2024

Additionally, if you caused said damage, your landlord is most definitely not on the hook for it. List: The problem, when it started, and pictures of it (if you have them) How the issue is relevant to applicable laws The legally designated time your landlord has to solve them Add nothing more, nothing less.

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Real Property Management DC Metro

NOVEMBER 21, 2024

Although, you can definitely screen your applicants before signing a lease. This, in turn, may instill in them motivation to take good care of the property, which can then also protect the value of your property.

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American Apartment Owners Association

JANUARY 27, 2025

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

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Esquire Property Management Group

OCTOBER 9, 2024

The statute introduces the definition of “qualified commercial tenants,” targeting those who require enhanced safeguards in lease negotiations. Accompanying this notice should be pertinent information, potentially including applicable Civil Code sections pertaining to the changes.

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Real Property Management California Coast

JANUARY 10, 2025

Implementing a dynamic pricing model, you can modify your rates up or down in real-time, generate reports and budgets based on those changes, and definitely help you better manage your occupancy rates and revenue. One way it does this is to determine which channels (social media, websites, rental sites, etc.)

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SparkRental

NOVEMBER 14, 2024

As terms in real estate investing go, the blanket mortgage definition is pretty simple. Some investors refer to blanket mortgages as portfolio loans, but portfolio loans have another definition: loans held privately on a lender’s portfolio. Tip: Plan for this process to take 60-90 days from funding application.

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American Apartment Owners Association

SEPTEMBER 2, 2022

Passive by definition is, not active. Buy low, sell high is a common refrain for investing, but its not always applicable to real estate. You might have also heard that real estate investing is a great way to make passive income. Youll be plenty active as a real estate investor. Is the real estate market in a good place to invest?

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American Apartment Owners Association

SEPTEMBER 2, 2022

Passive by definition is, not active. Buy low, sell high is a common refrain for investing, but its not always applicable to real estate. You might have also heard that real estate investing is a great way to make passive income. Youll be plenty active as a real estate investor. Is the real estate market in a good place to invest?

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MRI Software

OCTOBER 4, 2024

What is the definition of smart technology? Smart technology offers a number of benefits across various applications, driven by advancements in connectivity, data processing, machine learning, automation, user interfaces, security and efficiency. What are the benefits?

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Renjoy

MAY 31, 2023

Prepare for additional taxes that may be applicable. Regulations and Local Restrictions Before renting out the property, owners must be aware of the local regulations, zoning, taxes, and licensing as each city or county has its own definition of what qualifies as a short-term rental property. It depends on what your city allows.

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Authority Property Management

JULY 12, 2022

The cost of renting a home is less expensive Security deposits, non-refundable application fees, moving costs, first and last month’s rent, and appliances are some of the costs(upfront, recurring and hidden) associated with renting a home. This is definitely better than the regret that comes from buying a house you wish you didn’t buy.

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Authority Property Management

AUGUST 26, 2020

Make improvements on your leases There are situations that are unavoidable, people will definitely #1: Screen Your Tenants The first and most important thing that you need to do in order to decrease your apartment turnover rate is to improve your tenant screening process. You need to set up showings and then show the property.

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Real Property Management DC Metro

APRIL 28, 2022

In the case of a landlord-tenant relationship, a significant other should ALWAYS submit an application. Living with roommates can be a definite challenge, but finding the right one could make your life even better! This may not be an arrangement that you are likely to agree to, especially if they are noisy or disruptive.

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Haustay

SEPTEMBER 27, 2022

Room rental is definitely doable but so are boats, treehouses and islands. However, hosts usually receive applicable payment 24 hours after the guest’s scheduled check-in time. Be sure to include applicable pricing for every potential stay. Check your lease to find applicable information on subletting. Safety in numbers.

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Bay Property Management Group

FEBRUARY 2, 2025

Comply with Local Laws and HOA Rules Lessees must follow local laws, zoning regulations, and any rules set by a homeowners’ association (HOA) if applicable. Definition & What You Need to Know appeared first on Bay Property Management Group. The post What Is a Lessee?

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MRI Software

SEPTEMBER 13, 2024

What is the definition of multifamily syndication? Tools like online applications, resident screening, and digital rent payments not only make the sponsor’s job easier but also enhance tenant satisfaction. We’ll also cover the structure of syndications, the benefits and risks involved, and how to find and manage these opportunities.

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Esquire Property Management Group

DECEMBER 18, 2023

In essence, if the specifics crucial to the deal’s execution and completion are left open-ended, the judicial system lacks a definitive basis upon which to adjudicate and enforce the terms of the LOI. Financing Terms: If applicable, include details about the financing arrangements, including the amount, terms, and conditions.

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Authority Property Management

NOVEMBER 19, 2020

There are five different conditions that must be followed for adverse possession to be applicable: continuous possession, actual possession, hostile claim, open & notorious possession, and exclusive possession. Rather, it takes on three definitions: Simple Occupation: Most states, including the state of California, follow this rule.

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McKee Properties

AUGUST 19, 2015

While the proposal offers, for the first time, a precise definition of short-term vacation rentals and home sharing, it steers clear of addressing what has become the most divisive issue: how frequently you can rent out your home to visitors.

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Authority Property Management

NOVEMBER 30, 2022

Wrap Up Major and Minor Maintenance Issues One thing we've definitely learned over the years is that tenants don't want to live in a rental property where they are always having to call their landlord about one maintenance problem after another.

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Appfolio

JANUARY 5, 2021

Having a standard online application process can make it easier to ensure you’re collecting the same information and sticking to a consistent criteria every time. . Some things you’ll definitely need to run a screening check are the applicant’s full name, phone number, rental references, and most importantly their social security number.

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HOA Managememt

OCTOBER 10, 2024

Flag display; political signs; caution signs; for sale, rent, or lease signs; political and community activities; definitions C. Flag display; for sale, rent or lease signs; political signs; political and community activities; applicability; definitions E. Arizona Here are the HOA political signs rules in Arizona: 33-1808.

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