Rental Choice

MAY 7, 2024

One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons. Firstly, proper maintenance is vital for finding good tenants. Secondly, maintenance is crucial to maintain your property’s value.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Landlord 130

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. What Counts as Debt (and What Doesnt)?

Insurance 147

Insurance Real Estate Applications Applicants 147

Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

Maintenance 130

Maintenance Rental Property Single-Family Home Property 130

Rental Choice

JUNE 13, 2024

For this reason, it’s essential to conduct proper maintenance whenever the seasons change. Here are the most important parts of summer maintenance for landlords. Summer Maintenance for Landlords: What to Pay Attention To What are the most essential tasks for property maintenance in the hottest season of the year?

Maintenance 130

Maintenance Landlord Property Maintenance Tenant 130

Bay Property Management Group

MARCH 3, 2025

Other Fees These could be storage rentals, late payment fees, or even shared utilities. Repairs & Maintenance Keeping the place in good shape costs money. Repairs & Maintenance Keeping the place in good shape costs money. Seasonal maintenance, like landscaping and snow removal, can add up over the year.

Real Estate 130

Real Estate Rental Income Property Manager Property Management 130

Bay Property Management Group

MARCH 31, 2025

Duplex Benefits: Condos tend to be affordable and lower maintenance, with shared amenities managed by an HOA. Condo vs. Duplex Disadvantages: Condos tend to have HOA fees and slower appreciation, while duplexes typically require higher upfront costs, more maintenance, and may be harder, or cost more, to finance.

Single-Family Home 130

Single-Family Home Finance Rental Income Maintenance 130

Real Property Management Evertrust

NOVEMBER 7, 2024

Some may even prohibit what kinds of road salt or other deicing materials you can utilize on your walkways and driveways. These conditions can be applicable in various scenarios, particularly if your tenant already handles yard maintenance and other simple activities.

Tenant 228

Tenant Landlord Property Manager Property Management 228

Bay Property Management Group

MARCH 25, 2025

Checking your applicants’ income isnt just about protecting yourself from late payments or potential evictions. This rule helps landlords check that tenants can pay rent comfortably and still cover the other essentials, like utilities, groceries, and transportation. Why Does This Rule Matter? Contact us today to get started!

Apartment 130

Apartment Landlord Tenant Rent 130

Appfolio

JULY 13, 2020

Whether you have on-site maintenance teams or work with third-party vendors, review procedures to ensure tools, supplies, and adequate staff members are available to respond to every situation. Invest in a property-wide deep cleaning, and address any maintenance issues that have been put off. Check Up On Your Application Process.

Lease 264

Lease Applications Applicants Property Management 264

American Apartment Owners Association

DECEMBER 16, 2024

Free Rental Application Get 20 Rental Forms for FREE, including a rental application. Utilize GenAI to understand context and sentiment in communications, enabling more nuanced and personalized interactions. Offer tiered rewards for tenant loyalty, such as exclusive perks or customized maintenance schedules.

Tenant 246

Tenant Property Manager Property Management Lease 246

BetterWho

FEBRUARY 26, 2025

This article delves into the practical applications of AI in property management, highlights tools making a real impact, and debunks common myths surrounding AI in the industry. In the context of property management, AI encompasses tools and applications designed to automate tasks, analyze data, and enhance decision-making processes.

Property Management 130

Property Management Property Manager Management Property 130

ADDA

NOVEMBER 2, 2024

A housing society offers several advantages for both residents and management: Legal Recognition : Registration provides the housing society with legal status, which is essential for signing contracts, opening bank accounts, and obtaining loans for maintenance or improvements.

Applications 130

Applications Applicants Regulation Finance 130

American Apartment Owners Association

AUGUST 30, 2024

Consider these six strategies to optimize for efficiency: Conduct a Thorough Expense Analysis: This involves reviewing all expense categories, like utilities, maintenance, marketing, and others line by line to pinpoint opportunities for cost savings. Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

Lease 162

Lease Property Manager Property Management Maintenance 162

MRI Software

FEBRUARY 25, 2025

As housing providers deal with funding uncertainty (including the possibility of steep cuts in the next FY budget), theyre contending with a variety of other expense pressures and a mounting deferred maintenance backlog. Enhancing Tenant and Applicant Communication Tenant and applicant communication can be a major administrative burden.

Electronics 52

Electronics Applications Applicants Compliance 52

Real Property Management Chicago

AUGUST 30, 2024

You may also face other deposits and fees, like credit check fees, utility deposits, and additional expenses. It’s important to find out if utilities are covered by the rent or if you’ll need to pay for them yourself. If utilities aren’t included, you’ll need sufficient funds to establish basic services.

Apartment 130

Apartment Lease Agreement Utilities Rent 130

Yardi Breeze

DECEMBER 6, 2024

Your residents can pay rent online, submit maintenance requests and communicate with your team through the portal. CommercialCafe is the tenant portal included for Breeze Premier commercial clients and tenants to communicate, manage maintenance requests and make payments. RentCafe is Yardis marketing and resident services brand.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

Beach Front Property Management

SEPTEMBER 26, 2024

It outlines details like pet policies, guest allowances, parking, and maintenance procedures. If your renter needs to request maintenance, for example, having it in writing in an email provides you with details of the request and a date and time stamp of when it was sent. Repairs and Maintenance.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Rental Housing Journal

JANUARY 21, 2025

They provide a clear framework for staff to understand their responsibilities and adhere to fair housing laws, ensuring consistent application of these principles across the board. To ensure these policies are accessible and actionable, many companies utilize a centralized policy manual.

Property Management 98

Property Management Property Manager Management Compliance 98

Bay Property Management Group

DECEMBER 30, 2024

Heres some of the main landlord-tenant laws you need to keep in mind : Maintenance: You are legally obligated to keep your rental property habitable. Repair and Maintenance: Address all maintenance issues. As a rule, you should hire professionals to ensure your property is compliant with applicable safety codes.

Rent 147

Rent Lease Agreement Lease Landlord 147

Real Property Management Evertrust

OCTOBER 7, 2024

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. The Fix: Budget for ongoing and unexpected maintenance. Preventative maintenance can also save you money in the long run.

Landlord 130

Landlord Lease Agreement Tenant Maintenance 130

Bay Property Management Group

DECEMBER 11, 2024

Juggling tenant relations, maintenance, and financial obligations can quickly become overwhelming as responsibilities pile up. Don’t forget maintenance : According to government regulations, you must provide your tenants with a safe and habitable place to live. Managing multi-family rentals is a huge task.

Management 130

Management Regulation Property Manager Property Management 130

Buildium

OCTOBER 21, 2024

The funds cover everyday maintenance as well as future projects and improvements, ensuring the community stays well-maintained and prepared for any upcoming needs. Utilities and Services Any utilities that aren’t billed directly to individual members will need to be accounted for in the budget.

Finance 245

Finance Management Attorney Consulting 245

American Apartment Owners Association

OCTOBER 10, 2024

How We Approach Change Management One of the most significant hurdles to adopting new technology is ensuring that everyonefrom the property manager to the maintenance teamfeels comfortable with the change. Instead, we work with owners to understand their specific needs and constraints, and we help guide them through the process.

Property Manager 208

Property Manager Property Management Management Property 208

MRI Software

MARCH 27, 2025

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. Impact: By predicting asset failure, AI technology helps companies plan ahead for maintenance expenses so they can keep costs under control.

Real Estate 52

Real Estate Lease Government Compliance 52

Buildium

JANUARY 6, 2025

This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events. Tools such as video conferencing platforms, online voting systems, and document-sharing applications can facilitate remote participation, streamline decision-making, and improve communication.

Management 243

Management Government Property Management Software Consulting 243

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. For instance, you might avoid expensive eviction fees because your software flagged a fraudulent application for a tenant that you would have otherwise accepted.

Property Management Software 130

Property Management Software Property Manager Property Management Management 130

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. For instance, you might avoid expensive eviction fees because your software flagged a fraudulent application for a tenant that you would have otherwise accepted.

Property Management Software 130

Property Management Software Property Manager Property Management Management 130

Real Property Management Enterprises

JANUARY 9, 2025

Tenant portals authorize residents to access important documents like lease agreements, send maintenance requests, and talk directly with the administration. Virtual tours and remote leasing facilitate the management of applicants who are geographically distant, out-of-town, or preoccupied.

Property Manager 98

Property Manager Property Management Management Property 98

BetterWho

OCTOBER 4, 2024

Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed. Utilize Compliance Tools Invest in property management software that includes compliance features.

Property Manager 130

Property Manager Property Management Management IT 130

Condo Control

FEBRUARY 14, 2025

In order to avoid angering residents by issuing hefty special assessments or maintenance fee increases, boards and managers are doing what they can to offset the high cost of maintaining a condo. Thisconcept can also be used for maintenance request submissions. If youre searching for some inspiration, check out the ideas listed below.

Condominium 130

Condominium Contractors Government Management 130

California Leasing & Management

JANUARY 2, 2025

Heres what this service includes: Professional Marketing : We utilize cutting-edge marketing strategies to advertise your property across multiple platforms, ensuring it reaches a wide pool of potential tenants. Maintenance Management : Maintenance requests can be time-consuming, but weve got it covered.

Lease Agreement 104

Lease Agreement Lease Property Manager Property Management 104

Zeevou

MARCH 19, 2025

Start by accounting for the costs of acquiring new properties, which may include purchasing the property, renovations, furnishings, and setting up utilities. Additionally, understand the local tax requirements for short-term rentals, including occupancy taxes, income taxes, and any other applicable fees.

Property Manager 52

Property Manager Property Management Management Property 52

Muldoon Associates

NOVEMBER 7, 2024

Avoid the most common tenant screening mistakes by having a good application in place. Verify references and speak with previous landlords and employers to get a complete picture of the applicant. The worst mistake you can make as a rental property owner, however, is delaying or ignoring maintenance needs. Be responsive.

Lease Agreement 98

Lease Agreement Property Property Manager Property Management 98

American Apartment Owners Association

JANUARY 27, 2025

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property 130

Property Insurance Rental Income Real Estate 130

American Apartment Owners Association

OCTOBER 10, 2024

How We Approach Change Management One of the most significant hurdles to adopting new technology is ensuring that everyonefrom the property manager to the maintenance teamfeels comfortable with the change. Instead, we work with owners to understand their specific needs and constraints, and we help guide them through the process.

Property Manager 130

Property Manager Property Management Management Property 130

Condo Control

NOVEMBER 7, 2024

Repairs and maintenance on behalf of the owner A corporation can complete repairs or maintenance on behalf of an owner and charge them back for this. Owners can be charged reasonable amounts for any repair costs or extra utility expenses incurred due to ignoring this bylaw.

Condominium 130

Condominium Government Insurance Landlord 130

Real Property Management Enterprises

FEBRUARY 13, 2025

As you gather applications, speeding up your screening process as much as possible is essential for faster turnaround. Another technique would be to compile a database of applicants as you go and contact them when a vacancy occurs. Luckily, there are solutions to optimize this maintenance to ensure quick turnarounds.

Property Manager 55

Property Manager Property Management Management Property 55