Remove Applicants Remove Rent Remove Tenant
article thumbnail

What Is a Co-Applicant in a Rental?

Bay Property Management Group

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. But then you see the word “co-applicant” on the form, and you’re wondering… what is a co-applicant? Main Takeaways What is a co-applicant?

article thumbnail

How Property Managers Handle Tenant Screening and Why It Matters

Beach Front Property Management

Tenant screening is a crucial part of effective property management. In this blog, we will learn how property managers handle tenant screening and why this process is importantto creating a successful rental experience for all parties. What Is Tenant Screening? Here is the process: 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Apartment Application Fees Explained: A Tenant’s Guide

Bay Property Management Group

The application fee for apartment can seem unfair, especially when it catches you by surprise. What Are Apartment Application Fees? An apartment application fee is a one-time payment you make when applying to rent a place. What Do Application Fees Cover? So, whats the actual cost of an application fee here?

article thumbnail

The Importance of an Accurate Rental Application

American Apartment Owners Association

The importance of a thorough and accurate rental application cannot be overstated. As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. In the long run, accepting a deceitful tenant can cause you a great deal of grief and money.

article thumbnail

What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

Utilities 130
article thumbnail

Property managers, here are the 5 top leasing trends of 2025

Buildium

From renters wanting to embrace technology throughout their property search and leasing process to property managers finding ways to increase tenant retention in light of renters dwindling financial health, this post will provide key insights on what you can do to keep growing. Allow prospective tenants to apply online directly from listings.

Lease 223
article thumbnail

What is Rent-to-Income Ratio and Why Should Landlords Care?

Bay Property Management Group

Have you ever wondered how to quickly assess whether a tenant can afford your rental property? The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. What is Rent-to-Income Ratio? It compares how much money someone makes to how much theyll pay for rent.

Landlord 130