Bay Property Management Group

DECEMBER 9, 2024

Timing is everything when it comes to renting an apartment. Since rent prices typically rise and fall in predictable seasonal patterns, knowing the best time to find an apartment could save you money and unlock better options. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

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Apartment Rent Regulation Lease 147

Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

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Rent Landlord Tenant Lease 130

BetterWho

NOVEMBER 26, 2024

Are Rent Prices Going Down? Understanding the Rental Market Trends Rent prices are a hot topic for both property managers and renters. With economic fluctuations and market shifts, the question arises: Are rent prices going down ? What’s Driving Changes in Rent Prices? Learn more in this BetterWho blog post.**

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Property Management Property Manager Rent Management 130

American Apartment Owners Association

DECEMBER 2, 2024

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Free Rental Application Get 20 Rental Forms for FREE, including a rental application. They’re here.”

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Rent Attorney Applications Applicants 130

Real Property Management Chicago

MAY 20, 2016

Allowing Pets: Landlords Who Allow Pets Are Likely to See 20-30% More in Rent Than Those Who Do Not Chicago, IL – Chicago landlords and investment property owners may be overlooking a way to increase their profitability by not adding pet-friendly units to their investment portfolios: allowing pets.

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Rent Property Property Management Property Manager 130

Beach Front Property Management

SEPTEMBER 25, 2024

Timely rent payments and an efficient collection system are essential to a successful rental property. So, how can property owners ensure on-time payments? With advancements in rental technology, offering online rent collection has become easier than ever. Using online rent collection effectively reduces human errors.

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Rent Property Management Property Manager Property Management Software 130

Appfolio

MARCH 16, 2021

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . I think it does allow your property manager to say, ‘I’m willing to fight another day.’”. Employee retention.

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Property Management Property Manager Management Property 289

Rental Choice

DECEMBER 31, 2024

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent. They ensure quick, reliable, and secure payments.

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Landlord Rent Lease Agreement Tenant 130

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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Apartment Applications Applicants Landlord 147

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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Property Management Property Manager Management Property 147

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. In 2019, both California and Oregon signed statewide rent control laws.

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Rent Rental Unit Landlord Regulation 130

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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Property Management Software Property Management Property Manager Management 130

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? If your eviction involves unpaid rent or other fees, it also may show up on your credit report. In turn, that damaged credit score can impact your rental application.

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Applications Applicants Landlord Property Management 147

Appfolio

JULY 13, 2020

To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals. Before leasing season, be sure to spruce up your property since traffic from prospective residents should increase significantly. .

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Lease Applications Applicants Property Management 264

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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Property Management Property Manager Landlord Management 147

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. Offer a range of flexible lease options to cater to diverse resident needs.

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Tenant Lease Property Management Property Manager 234

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. I get many rent checks all at once and dont want to use the Yardi CHECKscan mobile app to deposit them individually. We love it!

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Property Management Software Property Manager Property Management Management 130

American Apartment Owners Association

NOVEMBER 7, 2024

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. Hazardous Conditions: The landlord must keep his property up to code, especially if it is an older building.

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Tenant Landlord Lease Applications 244

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. Generally speaking, property management software takes care of your operations.

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Property Management Software Property Management Property Manager Management 163

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. When landlords or property managers check your credit report, they might not see an eviction listed directly.

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Tenant Landlord Property Management Property Manager 147

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. You must decide how much rent you can reasonably afford each month.

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Apartment Rental Property Property Applications 130

American Apartment Owners Association

SEPTEMBER 19, 2024

If they did not pay their rent on time at the last place they lived, does that mean they will not pay their rent for their next home? Will they continue to damage the property in which they live as they did in their last place? The answers should reveal the type of tenant your applicant will be should you decide to rent to them.

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Applications Applicants Landlord Tenant 130

Genuine Property Management

FEBRUARY 2, 2024

You may not know that California landlords cannot discriminate against an applicant just because they have a housing voucher (aka: Section 8). As always there are pros and cons to Section 8 applications. The pro is that many landlords appreciate because it’s a guaranteed source of income.

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Landlord Applications Applicants Property Management 130

Genuine Property Management

FEBRUARY 2, 2024

If you have income requirements for your tenants, such as income must be at least three times the rent, then ensure an applicant meets your criteria. Here are 12 ways renters can easily show landlords proof of income.

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Applications Applicants Landlord Property Management 130

American Apartment Owners Association

DECEMBER 16, 2024

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. The answer is straightforward: yes, landlords have the legal authority to enter the rental property they own. This raises the question of whether a landlord can let themselves in without the tenants permission. Need Legal Help?

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Landlord Lease Agreement Tenant Lease 246

Real Property Management Chicago

SEPTEMBER 16, 2022

Do you keep a single-family rental property? 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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Professional Property Management Property Management Property Manager IT 130

American Apartment Owners Association

OCTOBER 14, 2024

Department of Housing and Urban Development (HUD), the Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. How does the Fair Housing Act work? Need Legal Help? Chat with a real estate lawyer near you.

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Applications Applicants Landlord Single-Family Home 130

Real Property Management Chicago

SEPTEMBER 13, 2024

Acquiring a rental property with existing tenants is not only a convenient choice, but also a great opportunity. That said, it’s vital to understand that purchasing a property with tenants already living there comes with its own challenges. Skipping renovations, advertising, and tenant screening is just the start of the advantages.

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Tenant Lease Agreement Property Lease 130

Bay Property Management Group

DECEMBER 12, 2024

It ensures the prospective renter has the capacity to protect your property and fulfill their rental obligations. 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.

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Tenant Applications Applicants Property Management 130

Rental Choice

MAY 7, 2024

Landlords have numerous responsibilities when it comes to running a rental property. One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons. Finally, rental property maintenance is often required by the law.

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Property Maintenance Maintenance Rental Property Landlord 130

American Apartment Owners Association

OCTOBER 10, 2024

Having spent years working at the intersection of emerging technologies and real estate, I’ve seen firsthand how daunting it can be for property owners to integrate smart building solutions into their operations. At SKBM Smart Technology, we understand the unique challenges property owners face, especially those in the middle-market.

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Property Manager Property Management Management Property 145

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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Property Management Property Manager Management Property 98

Lula

MARCH 13, 2024

If the landlord or property manager is happy with the tenants and the tenants are happy with the home, it makes sense to re-up and keep the relationship going. So how do you ensure a smooth lease renewal process when a tenant does decide to continue renting your property? Congratulations! Read on to find out.

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Lease Property Manager Property Management Landlord 130

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. They’re challenged to grow their revenue in spite of increased costs and flat rent growth in many areas of the U.S.

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Property Management Property Manager Management Property 130

Real Property Management Enterprises

FEBRUARY 8, 2024

It can be difficult to apply for a single-family rental, and the best rental homes frequently draw a large number of applicants. It can be difficult to make your application stand out from the others because of the high demand, which frequently makes the application process very competitive.

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Applications Applicants Single-Family Home Landlord 52

Real Property Management Chicago

AUGUST 30, 2024

When considering renting your first apartment, it’s natural to feel both excited and nervous. By following these basic steps now, you could soon find and rent your first apartment like a pro. By following these basic steps now, you could soon find and rent your first apartment like a pro. Compute the exact dollar amount.

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Apartment Lease Agreement Utilities Rent 130

American Apartment Owners Association

NOVEMBER 27, 2024

Fannie Mae is bolstering its initiative that provides incentives for new loans to multifamily property owners who accept Department of Housing and Urban Development (HUD) Housing Choice Vouchers (HCVs). Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

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Applications Applicants Rent Property 130