Real Property Management Evertrust

JANUARY 9, 2025

The property management industry is evolving, mostly propelled by technological advancement. Indeed, AI-based technology is transforming every facet of rental property management. Continue reading to uncover the key technologies revolutionizing rental property management and defining the industry’s future.

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American Apartment Owners Association

JANUARY 9, 2025

If this sounds familiar, you might assume property management software is just another expense eating into your profits. This article will investigate the true value of property management software, including its uses and benefits for landlords of all sizes (financial and otherwise). What is Property Management Software?

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Condo Control

JANUARY 12, 2025

Table of contents Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? What is the best way to manage recreational amenities? Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference?

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Bay Property Management Group

DECEMBER 23, 2024

Are you a rental property owner stuck in the classic debate: landlord vs property manager ? In this guide, well break it all down, from the perks of being an independent landlord to the convenience of hiring a property manager, so you can confidently choose the right path for your rental business. Lets dive in!

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Bay Property Management Group

JANUARY 19, 2025

AtBay Property Management Group, we are property management professionalsfocused on customer service.Furthermore, ourgoal is to make property ownershipbotha pleasurable and profitable experience for our clients.We Today, we proudly introduce David Rosenfeld, Senior Leasing Agent for BMG.

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Fourandhalf

AUGUST 22, 2024

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. There’s a pre-sale function and a post-sale function.

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Yardi Breeze

DECEMBER 6, 2024

We get a lot of questions from property managers about Yardi Breeze and Yardi Breeze Premier. To help you out, we assembled a list of common property management software FAQs below. The RentCafe resident portal is fully integrated into our Breeze and Breeze Premier property management software. We love it!

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Rental Housing Journal

DECEMBER 15, 2024

Multifamily applicant fraud is becoming a widespread challenge for the industry as fraudsters become more inventive, according to the State of Applicant Fraud Report from Snappt , an AI document-fraud-detection company for multifamily property managers.

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Beach Front Property Management

SEPTEMBER 26, 2024

Managing a rental property can be rewarding, but dealing with residents’ questions and details can be overwhelming. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. In addition, a strong lease agreement safeguards you against potential legal issues, offering peace of mind.

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Bay Property Management Group

NOVEMBER 26, 2024

As a property management company, we understand that things come up. Whether your family is growing or you must relocate for work , you may have to break your lease early. While this is not ideal for landlords or property managers, you can do a few things to make the process easier. Generally speaking, yes.

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American Apartment Owners Association

DECEMBER 16, 2024

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

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BetterWho

OCTOBER 4, 2024

As a property management business owner, the recent lawsuit between the Federal Trade Commission (FTC) and Invitation Homes has raised concerns across the industry. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.

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Bay Property Management Group

DECEMBER 5, 2024

Unfortunately, you may face penalties for breaking a lease. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. What Are the Penalties for Breaking a Lease? Read below for more information.

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Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

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Real Property Management Evertrust

NOVEMBER 7, 2024

For instance, multi-family property owners are often responsible for snow removal. These conditions can be applicable in various scenarios, particularly if your tenant already handles yard maintenance and other simple activities. Lease Documents Most single-family rental property owners require their tenants to handle snow removal.

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Real Property Management Chicago

DECEMBER 20, 2024

Because of this, resident retention should be a key priority for landlords and rental property owners alike. Fortunately, a few basic, effective strategies can significantly keep residents happy and willing to renew their leases year after year. However, you can cautiously screen your applicants before signing a lease.

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Buildium

OCTOBER 23, 2024

Heading into 2025, property management companies face a number of obstacles: They’re challenged to expand their portfolios without compromising the quality of service they deliver to their customers. Which property management trends have we identified for 2025? That’s what we’ll cover in this blog post.

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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. 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.

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Bay Property Management Group

JANUARY 9, 2025

You Need the Following… Proof of Identity Income Verification Credit History and Score Rental History Security Deposit First and Last Months Rent Application Fees Personal References Background and Credit Checks Proof of Identity Property managers in Philadelphia typically require tenants to go through an approval process.

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Authority Property Management

NOVEMBER 29, 2024

This is a subtitle for your new post The property management industry is evolving rapidly, thanks in large part to the development of new technologies. Today’s property managers are no longer relying on outdated methods like paper records or manual tenant tracking. This not only saves time but also ensures consistency.

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Real Property Management Enterprises

JANUARY 9, 2025

The property management industry is evolving, with technology serving a pivotal function in this development. In fact, AI-based technology is fluctuating in almost every way that rental properties are supervised. Tenant portals, in particular, allow renters to pay rent with just a few clicks at any time and from any location.

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Real Property Management Chicago

SEPTEMBER 16, 2022

If so, you may doubt whether you should hire a Chicago property management company to help manage it. But what does a professional property management company even do – and is it worth the cost? By the end, you’ll better know whether property management is right for you.

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Real Property Management Chicago

JUNE 4, 2021

To provide a sense of security for your tenants, you have the crucial task of carefully preparing your property to make it liveable. This may include getting insurance for your property as well as doing routine maintenance and repairs. Comprehensive property assessments are being offered by Real Property Management Chicago Group.

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Real Property Management DC Metro

JANUARY 9, 2025

Data analytics has become a powerful tool for rental property managers and owners intently looking to make informed decisions in today’s evolving rental market. Keep Your Tenants Happy and Renewing Disregarding technological advances, managing rental properties still composes of attracting and retaining residents.

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Real Property Management California Coast

JANUARY 10, 2025

Data analytics has become a powerful tool for rental property managers and owners committed to make informed decisions in today’s evolving rental market. All of these are indispensable in improving the value and profitability of rental properties. attract the most qualified renters to your properties.

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Bay Property Management Group

DECEMBER 30, 2024

You must stay on top of the house repairs, keep an open line of communication with tenants, and ensure the property meets all legal and safety requirements. Moreover, you will have to handle this all yourself unless you hire a property management company to support you. Lease Agreement: You also should create a lease agreement.

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Bay Property Management Group

JANUARY 1, 2025

Your landlord or property manager could take notice.So, the big question is, how long does an eviction stay on your record? In turn, that damaged credit score can impact your rental application. At Bay Property Management Group, we value transparency and professionalism. Ready to explore your options?

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Appfolio

DECEMBER 4, 2020

Technology has automated many of the tedious, manual tasks for property management businesses, and helped them to significantly improve a range of processes from onboarding and training to leasing and maintenance. According to the experts, many of these adaptations will likely become permanent for the foreseeable future.

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Bay Property Management Group

DECEMBER 12, 2024

Therefore, a comprehensive screening procedure can contribute to a successful and stress-free tenancy by reducing risks like non-payment of rent, property damage, and legal problems. As a Baltimore property management company, we’ll share some steps you could follow.

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Real Property Management Chicago

NOVEMBER 30, 2017

Different landlords have different application requirements, but many are expecting very similar things from applicants before they sign a lease. Almost every Chicago property management company will be checking your credit. Most Chicago property management companies and landlords will ask for these.

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Property Management Inc.

NOVEMBER 26, 2024

For a property manager, fraud not only costs you time and money, it also damages your reputation, which can result in poor word of mouth that takes a bite out of your revenue later on, even years down the line. Scammers will ask for application fees, deposits, rental payments or other charges from interested parties.

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Bay Property Management Group

JANUARY 14, 2025

Luckily, property managers in DC report that you can use certain methods to check if you have an eviction on your record: Court Records Court records are one of the fastest ways to find out if you have an eviction on your record. Strengthen Your Rental Application Many times, people get evicted because they haven’t paid the rent.

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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. Consider Short-Term Apartments (Month-to-Month Leases) Renting a short-term apartment can be a solution for how to rent with an eviction on your record. When exactly is rent due?

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Bay Property Management Group

DECEMBER 9, 2024

Key Takeaways Seasonal Trends Affect Rental Prices and Availability – Renting during the slow season (OctoberMarch) often offers better deals, such as lower rent, move-in specials, and flexible lease terms, while the busy season (AprilSeptember) provides more options but comes with higher competition and increased prices.

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Real Property Management Chicago

SEPTEMBER 13, 2024

Conducting Due Diligence The immediate cash flow and turnkey nature of acquiring a leased property can make it seem like a great choice for your next investment. However, don’t assume that a leased property is in good condition or that the tenants are reliable and pay rent on time.

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BetterWho

DECEMBER 6, 2024

AI in Property Management: A Double-Edged Sword Artificial intelligence (AI) is transforming the property management industry, streamlining tasks like tenant screening, marketing, and rent collection. These scores led to unjust denials of housing applications, a clear violation of the Fair Housing Act.

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Bay Property Management Group

JANUARY 19, 2025

Experienced property management companies in Baltimore and elsewhere offer this as an option when tenants move in/out midway through the month. Is prorated rent applicable for short-term leases? Yes, landlords can apply prorated rent to short-term leases. Can prorated rent be applied to annual leases?

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