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What Is a Co-Applicant in a Rental?

Bay Property Management Group

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. But then you see the word “co-applicant” on the form, and you’re wondering… what is a co-applicant? Main Takeaways What is a co-applicant?

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When Is The Best Time To Rent An Apartment?

Bay Property Management Group

Timing is everything when it comes to renting an apartment. Your search can succeed or fail based on a number of factors, including your budget, when you plan to move in, and the constantly shifting rental market trends. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

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Rent Control 101: Understanding the Basics

American Apartment Owners Association

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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Tips to Minimize Tenant Turnover

American Apartment Owners Association

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

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How to Keep Your Tenants Safe

American Apartment Owners Association

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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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

After rent price and apartment features, 54% of renters said the community’s appearance played a role in their decision to visit a community, according to the NMHC / Kingsley Associates Renter Preference Report. Check Up On Your Application Process. Put Your Property’s Best Foot Forward.

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Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

But you avoid HOA fees, and you can earn rental income if you rent the units out. Strong Rental Demand in Urban Areas: You can often find condos in bustling urban or suburban neighborhoods, close to workplaces, schools, and shopping spots. In turn, you can have a steadier rental income. More rent = more income!