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What Is a Co-Applicant in a Rental?

Bay Property Management Group

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? Having a co-applicant can boost approval odds shared income and stronger credit can help secure a rental, but missing payments affects both applicants.

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AI in Property Management: What’s Hype vs. What Actually Works?

BetterWho

This article delves into the practical applications of AI in property management, highlights tools making a real impact, and debunks common myths surrounding AI in the industry. In the context of property management, AI encompasses tools and applications designed to automate tasks, analyze data, and enhance decision-making processes.

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11 Tips For Property Managers To Quickly Master ChatGPT & AI

Yardi Breeze

If you put the tips in this article into action, you will use AI tools to draft emails, letters, social media posts and listing descriptions better than 99% of property managers. 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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A Caution to AI: The Possibility of Fair Housing Violations in Communication and Payments

American Apartment Owners Association

In this article, well explore how AI is reshaping communication and payments in property managementand how to navigate the risks while leveraging the benefits. When AI is used to assess rental applications, there is a risk that it may favor certain demographic groups based on historical trends rather than making neutral, fair decisions.

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

Bay Property Management Group

In this article, well help you understand how to calculate the rent-to-income ratio, why it matters to you as a landlord, and what to do if a tenant doesnt meet the threshold. When tenants know the requirements upfront, it reduces unqualified applications, saving you time and effort in the screening process.

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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

This pause gives businesses a temporary break from the reporting requirements discussed in this article. What follows is our article in its original form. The end of the first reporting deadline is January 1, 2025 (applicable to businesses formed before January 1, 2024). As we write this article, thats up to $591 per day.

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RentCafe websites are a property manager’s best friend

Yardi Breeze

Keep things interesting & fresh RentCafe websites offer features beyond application processing. Each rental application automatically syncs with your software and instantly becomes visible on your Breeze dashboard. This significantly boosts the likelihood of them taking the next step in their buying journey.

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