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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. But sometimes, utility costs can pile up fast and throw off your entire budget. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly?

Utilities 130
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Rental leasing software: A game-changer for residential landlords

Buildium

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete.

Lease 130
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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. What Counts as Debt (and What Doesnt)?

Insurance 147
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What is Rent-to-Income Ratio and Why Should Landlords Care?

Bay Property Management Group

In other words, a tenant should earn at least three times the monthly rent to ensure they can comfortably cover other essentials like groceries and utilities without financial strain. When tenants know the requirements upfront, it reduces unqualified applications, saving you time and effort in the screening process.

Landlord 130
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The Future of Rentals: Technology’s Impact on Property Management

Real Property Management Evertrust

Tenant portals provide residents to access important documents such as lease agreements, send maintenance requests, and speak directly with management. Virtual tours and remote leasing help streamline the management of applicants who are distant, out of town, or otherwise preoccupied.

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A Complete Guide to Renting Out Your House

Bay Property Management Group

Non-Discrimination: On a related note, landlords must comply with Fair Housing Laws, the Fair Credit Reporting Act, the American with Disabilities Act, and other applicable federal, state, and local laws. Lease Agreement: You also should create a lease agreement. So, this step is critical for avoiding disasters.

Rent 147
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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. Everything from unit number to location details must be in the lease.

Lease 130