Bay Property Management Group

MARCH 13, 2025

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.

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Bay Property Management Group

JANUARY 22, 2025

But dont worrythere are still ways to rent after one, even if it feels tough. Main Takeaways Knowing exactly how to rent with an eviction on your record can seem daunting. You could rebuild your rental history with short-term rentals, use honesty as the best policy with potential landlords, rent with a co-signer, and seek legal aid.

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Rent Landlord Applications Applicants 147

Bay Property Management Group

JANUARY 27, 2025

Wondering, “what credit score do you need to rent an apartment?” answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with. answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with.

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Rent Landlord Applicants Applications 130

Beach Front Property Management

APRIL 16, 2025

The primary objective is to ensure whether an applicant is likely to fulfill lease obligations and maintain the property responsibly or not. The Tenant Screening Process: Step-by-Step Tenant screening is a proactive strategy to find trustworthy, responsible residents who treat the property carefully and pay rent on time.

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Property Management Property Manager Tenant Management 147

Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

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Utilities Rent Tenant Landlord 130

Appfolio

JULY 13, 2020

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume. To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals.

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Lease Applications Applicants Property Management 264

Yardi Breeze

MARCH 21, 2025

Or that they can afford to pay rent on time every month? Application fraud detection in property management is always a priority, but its an even bigger issue given that so many interactions occur now online. Cons : Matching an ID card to a face requires the applicant to have and use a smartphone or tablet.

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Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. Leasing Any landlord property management software you choose should feature tools that will assist you throughout the entire leasing cycle.

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Bay Property Management Group

MARCH 28, 2025

To confirm you can afford the rent Aside from everything above, landlords also have to make sure you truly meet the most basic of qualifications: that you can pay the rent. So, for this report, they’ll check your previous addresses, payment history, lease terms, and reasons for leaving.

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Apartment Landlord Rent Property Management 130

Appfolio

AUGUST 28, 2020

Online rent payments aren’t just convenient, they’re also mutually beneficial for your residents and your business. If you’re still collecting paper rent checks and manually entering bank data, then now is the time to implement a paperless system. 2 Eliminates Error-Pro ne, Manual Auditing & Editing.

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Property Management Property Manager Rent Management 286

American Apartment Owners Association

NOVEMBER 21, 2024

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. It will help landlords and property managers make informed decisions about who to rent to.It

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Applications Applicants Landlord Tenant 130

BetterWho

MARCH 7, 2025

A well-crafted playbook ensures: Consistency Standardized processes help every team member handle tenant inquiries, maintenance requests, and lease management the same way. Rent Collection Automated reminders, handling late payments. Lease Renewal Rates A key indicator of how well tenants are managed.

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Property Management Property Manager Management Property 130

Beach Front Property Management

SEPTEMBER 26, 2024

When preparing a property for rent, you handle key tasks like painting, cleaning carpets, making minor repairs, and ensuring that plumbing, electrical, and HVAC systems are safe. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Decide how you prefer to collect rent.

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Lease Landlord Lease Agreement Insurance 130

McKee Properties

FEBRUARY 10, 2025

This guide will walk you through actionable tips to create a compelling rental application, improve your chances of success, and make a lasting impression on property management teams for Bay Park apartment rentals and homes alike. For family-friendly homes in Bay Park, discuss your long-term plans to rent and care for the property.

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Applications Applicants Property Management Property Manager 52

Bay Property Management Group

DECEMBER 9, 2024

Timing is everything when it comes to renting an apartment. Since rent prices typically rise and fall in predictable seasonal patterns, knowing the best time to find an apartment could save you money and unlock better options. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

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Apartment Rent Regulation Lease 147

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions.

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Apartment Landlord Tenant Rent 130

Bay Property Management Group

DECEMBER 30, 2024

Considering renting out your house? Read on to understand the process of renting out your house and avoid potential hiccups. Read on to understand the process of renting out your house and avoid potential hiccups. Renting out your house can give you several benefits. There are many reasons you could be here.

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Condo Control

JANUARY 12, 2025

Table of contents Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? Whats in it for the HOA? The short answer is yes.

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Lease Applicants Applications Management 130

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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Bay Property Management Group

DECEMBER 5, 2024

Unfortunately, you may face penalties for breaking a lease. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. What Are the Penalties for Breaking a Lease? Commonly, landlords ask for around 2 months of rent.

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Lease Lease Agreement Landlord Applications 130

McKee Properties

FEBRUARY 10, 2025

Standing out among other applicants is essential, and with the righ t strategy, you can position yourself as the ideal tenant for property owners. This blog will guide you through effective strategies to distinguish your rental application while improving your chances of landing your desired home.

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Applications Applicants Apartment Home Rental 52

American Apartment Owners Association

MARCH 19, 2025

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.

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Compliance Property Management Property Manager Management 130

American Apartment Owners Association

DECEMBER 16, 2024

In this blog post, we’ll explore the following: Understanding Why Tenants Leave Rising Supply, Increasing Competition for Residents 8 Tips to Minimize Tenant Turnover Understanding Why Tenants Leave Before diving into retention strategies, it’s crucial to recognize the common reasons tenants choose not to renew their leases.

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Tenant Property Management Property Manager Lease 246

Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

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Lease Lease Agreement Landlord Tenant 130

Bay Property Management Group

NOVEMBER 26, 2024

Whether your family is growing or you must relocate for work , you may have to break your lease early. For instance, you can give proper notice and also find someone to take over your lease. Today, we’ll go through the process of transferring your lease to a new tenant and tips for finding the right candidate.

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Lease Lease Agreement Property Management Property Manager 130

American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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Tenant Landlord Lease Applications 246

Buildium

JANUARY 30, 2025

Think of how much simpler it would be if routine activities such as rent collection, lease renewals, and maintenance requests were handled automatically. Keep your accounts organized and efficient with features that let you set up distinct accounts, automate rent collection and expense tracking, and generate and share reports easily.

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Property Management Software Property Management Property Manager Management 130

American Apartment Owners Association

DECEMBER 2, 2024

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Free Rental Application Get 20 Rental Forms for FREE, including a rental application. They’re here.”

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Rent Attorney Applicants Applications 130

Fourandhalf

JANUARY 22, 2025

No one wants to turn a property when maintenance costs are higher and rents are holding or even compressing. Annual Cost of Repairs per Owner: The Magic Number On his previous appearance, Ray said that the magic number is 12 percent of rents collected. In 2022, a property manager could rent a home sight unseen. AI is not magic.

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Residential Property Property Maintenance Maintenance Property 228

Rental Choice

DECEMBER 31, 2024

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent. They ensure quick, reliable, and secure payments.

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Landlord Rent Lease Agreement Tenant 130

Lula

MARCH 13, 2024

A lease renewal is the process of establishing a new rental agreement with the current tenants. If you’ve dotted your i’s and crossed your t’s as a landlord or property manager, and you’ve checked out the advice in our guide for improving resident retention in rental properties , you very well may have a lease renewal on your hands.

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Lease Property Management Property Manager Landlord 130

Real Property Management Evertrust

JANUARY 9, 2025

If your rent collection practices are still obsolete, it’s time for a refresh. Tenant portals, specifically, allow renters to pay rent with just a few taps, anytime and from anywhere. Tenant portals, specifically, allow renters to pay rent with just a few taps, anytime and from anywhere. At least, they should be!

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Property Management Property Manager Management Property 241

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Each location has its own different requirements and details regarding rent control.

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Rent Rental Unit Landlord Regulation 130

Rental Housing Journal

MARCH 17, 2025

What is your 2025 digital marketing strategy for apartments and what do you have to do to stay ahead in multifamily marketing heading into the peak leasing season? An effective marketing strategy is equally vital as the industry approaches the 2025 peak leasing season, and success requires a more diverse and sophisticated approach.

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Apartment Media Lease Rent 89

Bay Property Management Group

MARCH 2, 2025

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.

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Insurance Real Estate Applications Applicants 147

American Apartment Owners Association

DECEMBER 16, 2024

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. Privacy Both landlords and tenants have the right to privacy. Key Points: 1.

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Landlord Lease Agreement Tenant Rental Property 246

Bay Property Management Group

JANUARY 9, 2025

You Need the Following… Proof of Identity Income Verification Credit History and Score Rental History Security Deposit First and Last Months Rent Application Fees Personal References Background and Credit Checks Proof of Identity Property managers in Philadelphia typically require tenants to go through an approval process.

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Apartment Applicants Applications Landlord 147