Remove Applications Remove Government Remove Lease
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. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

article thumbnail

Move-in Affordability Plan Aims to Cut Philly Move-in Fees

Bay Property Management Group

Lets dig into what the Philadelphia government is proposing, and what it could mean for your next move. Cut down high move-in costs like security deposits and application fees that are weighing heavily on renters. This plan is designed to make moving more affordable and protect tenants from being overcharged when starting a new lease.

Insiders

Sign Up for our Newsletter

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

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. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

article thumbnail

What Is Debt-To-Income Ratio (DTI): What Investors Need to Know

Bay Property Management Group

In turn, that could make lenders hesitant to approve your application. Lets look at them both: Front-End DTI (Housing DTI) The front-end DTI focuses only on housing expensesthings like your mortgage payment, property taxes, homeowners’ insurance, and HOA fees, if applicable. This range shows that your financial health is strong.

Insurance 147
article thumbnail

Important Lease Clauses For Landlords

Beach Front Property Management

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. Numerous websites offer customizable lease templates that let you tailor clauses.

Lease 130
article thumbnail

A Caution to AI: The Possibility of Fair Housing Violations in Communication and Payments

American Apartment Owners Association

The Evolution of Communication in Property Management AI-powered chatbots and automated messaging systems are becoming the norm, helping property teams respond to resident inquiries, process maintenance requests, and even screen rental applications. Others may rely on government-issued checks or prefer cash payments for personal reasons.

article thumbnail

Real World AI: Eight PropTech Scenarios Transforming Real Estate

MRI Software

For technology leaders, its critical to understand how the practical applications of AI can help leverage its potential to drive efficiency, enhance decision-making, and gain a competitive edge. Data Governance and IT Scenario: A Real Estate Data Analyst struggles with inconsistent data while adopting AI for portfolio analysis.