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. But why do landlords charge these fees, and can you get them back? 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?

article thumbnail

10 features to look for in landlord property management software

Buildium

Weve outlined key features that can help independent landlords become more organized and tackle property management tasks more efficiently. Unfortunately, many landlords make the mistake of thinking that they can save money by repurposing software theyre already using, like basic word processing and spreadsheet programs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Adverse Action Notice for Denying a Rental Application – Video

Rentec Direct

Landlords are required to provide an Adverse Action Notice to rental applicants if they are denied housing based on information found in a consumer report, like a credit report or criminal background report. Dive into what you need to know as a landlord or property manager in this video with Rentec Direct’s Kaycee Miller.

article thumbnail

Rental leasing software: A game-changer for residential landlords

Buildium

Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete. This guide explores how rental leasing software helps landlords make every leasing tasks more efficient and enhance tenant experiences. Landlords can review and approve them in real-time.

Lease 130
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. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

article thumbnail

How to Verify Income on your Rental Applicants – VIDEO

Rentec Direct

Most rental applications will ask for salary and annual income, which can be straightforward for someone with a traditional paystub to prove.

article thumbnail

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

Bay Property Management Group

The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. 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. Heres why: 1.

Landlord 130