Bay Property Management Group

JANUARY 22, 2025

Landlords and property managers in Philadelphia often use eviction histories to help determine if they should approve rental applications. Communicate With Prospective Landlords in The Application Process If you want to go the traditional long-term tenancy route, its important to be upfront about your eviction situation.

Rent 147

Rent Landlord Applications Applicants 147

American Apartment Owners Association

NOVEMBER 7, 2024

A tenant screening report , including criminal reports, must be run on each rental applicant so that lawbreakers will not become tenants and become a threat to their neighbors. The applicant should also investigate the neighborhoods crime statistics. Landlords should also report suspicious activity to the authorities.

Tenant 246

Tenant Landlord Lease Applications 246

Bay Property Management Group

FEBRUARY 18, 2025

Gas (if applicable) Some apartments use gas for heating, cooking, or hot water. Renters Insurance While not exactly a utility, many landlords require tenants to have renters insurance. Instead, tenants usually subscribe to their preferred plans and manage their payments directly with their provider.

Utilities 130

Utilities Rent Tenant Landlord 130

American Apartment Owners Association

DECEMBER 16, 2024

Dos and Don’ts of Interviewing Tenants: Fair Housing Best Practices Fair housing lawsuits are on the rise and saying the wrong thing to a rental applicant could put you at risk! Learn about multiple capital gains tax strategies with this webinar led by Scott Varney, Tax Strategist at SV Consultants ! WATCH NOW #3. WATCH NOW #5.

Insurance 147

Insurance Rental Property Education Tenant 147

Bay Property Management Group

MARCH 3, 2025

Insurance Protecting the property with the right coverage is non-negotiable. To get the best NOI possible, you should be sure to factor in all applicable revenue and hidden operating costs, possible vacancies, unpaid rent, and market changes. Then, we can market to tenants in your area and narrow down qualified applicants for you.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

Buildium

OCTOBER 28, 2024

However, by rigorously screening applicants, you can reduce turnover and help prevent costly evictions. Buildium’s software can automate rental history verification , automatically sending survey forms to applicants and displaying their responses. Did you know?

Property Management 246

Property Management Property Manager Management Property 246

American Apartment Owners Association

DECEMBER 16, 2024

Dos and Don’ts of Interviewing Tenants: Fair Housing Best Practices Fair housing lawsuits are on the rise and saying the wrong thing to a rental applicant could put you at risk! Learn about multiple capital gains tax strategies with this webinar led by Scott Varney, Tax Strategist at SV Consultants ! WATCH NOW #3. WATCH NOW #5.

Insurance 130

Insurance Rental Property Education Tenant 130

MRI Software

SEPTEMBER 7, 2024

Did you know that over 30% of insurance claims for multifamily properties involve some form of property damage? Multifamily property insurance is your first line of defense, covering everything from physical damage to liability claims and lost rental income. What is multifamily property insurance?

Insurance 59

Insurance Property Rental Income Landlord 59

American Apartment Owners Association

OCTOBER 14, 2024

it is illegal to refuse to rent to an applicant who is receiving assistance through the Section 8 program. Scammers may create fake rental listings on sites like Craigslist and pressure Section 8 applicants to pay a deposit without seeing the unit. How does the Fair Housing Act work? Need Legal Help? Its only $5 for a 1-week trial.

Applicants 130

Applicants Applications Landlord Single-Family Home 130

American Apartment Owners Association

OCTOBER 14, 2024

it is illegal to refuse to rent to an applicant who is receiving assistance through the Section 8 program. Scammers may create fake rental listings on sites like Craigslist and pressure Section 8 applicants to pay a deposit without seeing the unit. How does the Fair Housing Act work? Need Legal Help? Its only $5 for a 1-week trial.

Applicants 130

Applicants Applications Landlord Single-Family Home 130

Sunstar Realty

APRIL 1, 2025

Note: No more than two unrelated occupants are allowed for insurance restrictions reasons. We do not charge prospective tenants any handling fees, application fees or processing fees. It takes 2 to 3 business days to process each completed application. Move-in/out fees: as per strata bylaws. Absolutely no smoking please.

Single-Family Home 52

Single-Family Home Engineering Applicants Applications 52

Real Property Management Chicago

SEPTEMBER 13, 2024

Approach the screening as if the tenants were new applicants by performing thorough background and credit checks, and verifying their payment history and references. Don’t forget to ask the current owner about any past or present insurance claims, particularly if they were caused by the tenants.

Tenant 130

Tenant Lease Agreement Property Insurance 130

Condo Control

DECEMBER 9, 2024

2) The Tribunal is not bound by the rules of evidence applicable in judicial proceedings. Application to Tribunal (1) Any party to a dispute may file an application with the Tribunal in accordance with the regulations. (2) Below is information about the revised chargebacks. (1)

Condominium 130

Condominium Regulation Applicants Applications 130

Condo Control

APRIL 9, 2025

Increased insurance premiums were by far the biggest problem. Most of the issue options presented in the survey were selected based on recent condo/HOA laws (insurance being the big outlier). Prices for labor, materials, and of course, insurance skyrocketed after the most recent pandemic, and many of those costs never came down.

Management 130

Management Insurance Education Condominium 130

American Apartment Owners Association

JANUARY 27, 2025

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Take out landlord insurance A landlord insurance policy is meant to protect you as an investment property owner while safeguarding your rental properties.

Property 130

Property Insurance Rental Income Real Estate 130

American Apartment Owners Association

NOVEMBER 7, 2024

A tenant screening report , including criminal reports, must be run on each rental applicant so that lawbreakers will not become tenants and become a threat to their neighbors. The applicant should also investigate the neighborhoods crime statistics. Landlords should also report suspicious activity to the authorities.

Tenant 130

Tenant Landlord Lease Applications 130

MRI Software

DECEMBER 16, 2024

Owning rental properties can be rewarding, but without the right insurance, a single incident could cost you thousands of dollars. Landlord residential insurance is your first line of defense against risks like tenant damage, property loss, and legal liabilities. What is landlord residential insurance?

Residential Property 52

Residential Property Insurance Property Landlord 52

Beach Front Property Management

SEPTEMBER 26, 2024

For instance, specify included parking space and storage areas if applicable. 5. Restricting resident’s illegal activities To prevent property damage, avoid trouble, and limit your exposure to lawsuits, you must include this clause and prohibit illegal activities like dealing drugs, excessive noise, pets (if applicable), etc.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Sunstar Realty

JANUARY 25, 2025

NOTE: Tenants insurance is mandatory for this strata. We do not charge prospective tenants any handling fees, application fees or processing fees. This property is not offered on a first come first serve basis; all applications will be carefully screened before presentation to owners for selection. - Pets: sorry not this one.

Engineering 52

Engineering Applicants Applications Tenant 52

Condo Control

NOVEMBER 5, 2024

Snow removal contracts Frequency and timing Fees, insurance, and more Pretreatment considerations Do monthly fees cover the cost of snow removal? Liability information and insurance coverage must also be included in the contract. The company should have the proper insurance policies to protect both itself and the HOA.

Insurance 130

Insurance Attorney IT Maintenance 130

Real Property Management Chicago

MAY 20, 2016

While it is true that allowing pets does come with a few increased insurance costs, the relatively small costs are offset by the premium rent received by pet friendly housing. Some damage is reported by landlords who allow pets in their units, but the cost of the damage averaged $430 – usually far less than the deposit paid.

Rent 130

Rent Property Property Management Property Manager 130

Zeevou

MARCH 19, 2025

Additionally, understand the local tax requirements for short-term rentals, including occupancy taxes, income taxes, and any other applicable fees. Insurance and Liability Considerations Insurance is crucial when expanding your property management business into new markets.

Property Management 52

Property Management Property Manager Management Property 52

AirKeeper

JANUARY 5, 2025

Insurance Considerations Standard homeowner insurance policies often do not cover short-term rentals. Airbnb offers its Host Guarantee and Liability Insurance programs, but additional short-term rental insurance may be necessary to address coverage gaps. Keeping detailed financial records is essential for compliance.

Airbnb 130

Airbnb Compliance Regulation Property 130

Sunstar Realty

MARCH 17, 2025

Note: No more than two unrelated occupants are allowed for insurance restrictions reasons. We do not charge prospective tenants any handling fees, application fees or processing fees. It takes 2 to 3 business days to process each completed application. Lease term: minimum one year lease. Move-in/out fees: as per strata bylaws.

Applicants 52

Applicants Applications Lease Insurance 52

Condo Control

MARCH 19, 2025

Websites and records All HOAs that contain 100 parcels or more must maintain a website or application that can be downloaded through a phone, states HB 1203. Similarly, HB 1237 requires condo associations with 150 or more units (excluding timeshare units) to have a website or application that complies with specific obligations.

Attorney 130

Attorney Condominium Education Government 130

Beach Front Property Management

DECEMBER 30, 2024

Down Payment : A higher down payment reduces monthly payments, and 20% down eliminates mortgage insurance for conventional loans. Extra savings for mortgage reserves can also strengthen your application, especially with credit challenges. Loan Term : Longer terms, like 30 years, lower monthly payments, ideal for first-time buyers.

Finance 147

Finance Single-Family Home Insurance Real Estate 147

Real Property Management Chicago

JUNE 4, 2021

This may include getting insurance for your property as well as doing routine maintenance and repairs. 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. We also call up past landlords and references.

Property Management 130

Property Management Property Manager Apartment Management 130

Buildium

OCTOBER 21, 2024

Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits. From there, your insurance agent can walk you through whether your current coverage is adequate for the property and what the premiums will look like for the upcoming year.

Finance 245

Finance Management Attorney Consulting 245

Nest DC

MARCH 28, 2023

Tenants who refuse to abide by your screening process or won’t answer clarifying questions about their application likely have something to hide. You should always give an applicant time to provide additional information when needed. Applicants who have negative rental history should also set off the alarm bells.

Applications 52

Applications Applicants Property Lease 52

HOA Managememt

AUGUST 8, 2024

If the HOA tries to take out a loan , lenders will likely deny the application or impose a high interest rate. Buyers don’t want to join a poorly managed association, while lenders don’t want to approve home loans in a struggling community. This is because receivers tend to do the bare minimum to keep the association afloat.

Education 246

Education Government Management IT 246

American Apartment Owners Association

MARCH 24, 2023

This may be done directly by the party or by the party’s title insurance carrier after a claim is made with the title insurance carrier. Title insurance companies often times get involved in prosecuting, defending, and settling quiet title actions on behalf of property owners and lenders.

Litigation 130

Litigation Real Estate Insurance Attorney 130

American Apartment Owners Association

MARCH 24, 2023

This may be done directly by the party or by the party’s title insurance carrier after a claim is made with the title insurance carrier. Title insurance companies often times get involved in prosecuting, defending, and settling quiet title actions on behalf of property owners and lenders.

Litigation 130

Litigation Real Estate Insurance Attorney 130

Condo Control

JANUARY 10, 2025

Contact the HOAs insurance company The association must also notify its insurance carrier upon service of the lawsuit. The sooner the insurance provider receives information about the lawsuit, the sooner the company can make a decision. Some types of litigation may be covered. However, some actions wont be covered.

Litigation 130

Litigation Government Attorney Insurance 130

Muldoon Associates

NOVEMBER 7, 2024

Avoid the most common tenant screening mistakes by having a good application in place. Verify references and speak with previous landlords and employers to get a complete picture of the applicant. Inadequate Insurance Coverage Investors in real estate understand how important it is to protect their assets.

Lease Agreement 98

Lease Agreement Property Property Management Property Manager 98

Condo Control

NOVEMBER 7, 2024

They will be asked to pay for the repair, or the condo’s insurance deductible limit, whichever is less. For example, if an owner causes a flood that damages a few units and common elements, that owner will be required to cover the costs of the condo’s insurance deductible, rather than the condo passing that cost on to all owners.

Condominium 130

Condominium Government Insurance Landlord 130

Real Property Management Choice

MARCH 15, 2019

The post Saying No to Fido May Decrease Your Applicant Pool appeared first on Real Property Management Choice. They offer a Companion Animal Renters Program (CARP) that offers economic assessment, needs assessment, tailor-made programs, customized pet policies, pet agreements, and a custom made pet perk package.

Applications 40

Applications Applicants Property Management Property Manager 40

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. For instance, you might avoid expensive eviction fees because your software flagged a fraudulent application for a tenant that you would have otherwise accepted.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130