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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Property 200
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Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

it is illegal to refuse to rent to an applicant who is receiving assistance through the Section 8 program. CHAT WITH AN ATTORNEY What is a Section 8 voucher? Beware of Section 8 scams Unfortunately, there are many scams that victimize both landlords and people trying to rent a home utilizing their Section 8 voucher.

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Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

it is illegal to refuse to rent to an applicant who is receiving assistance through the Section 8 program. CHAT WITH AN ATTORNEY What is a Section 8 voucher? Beware of Section 8 scams Unfortunately, there are many scams that victimize both landlords and people trying to rent a home utilizing their Section 8 voucher.

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

Check Up On Your Application Process. If you don’t currently offer the ability to apply for your vacancies using an online application , it’s time to seriously consider it; more than half of rental property managers report an expectation by renters that they can fill their applications out online. During Leasing Season.

Lease 264
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Understanding HOA finances: A practical guide for association managers

Buildium

Utilities and Services Any utilities that aren’t billed directly to individual members will need to be accounted for in the budget. However, if your association includes utility costs in the membership dues, you’ll need to consider the usage rates for the entire community. You’ll also need to budget for attorney fees.

Finance 245
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Important Lease Clauses For Landlords

Beach Front Property Management

What to Include in Lease Agreement You can write an effective lease agreement without needing to consult an attorney. For instance, specify included parking space and storage areas if applicable. 5. Landlords do not take responsibility for power outages and may temporarily shut off certain utilities for essential repairs.

Lease 130
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Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

Pro Tip: Create a rental application form that collects all necessary information in one go. This will help you compare applicants side by side and choose the best fit for your property. Consult a real estate attorney if you’re unsure of the legal requirements in your area. The Fix: Always have a plan for tenant turnover.

Landlord 130