Remove Attorney Remove Definition Remove Rent
article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

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.

Property 200
article thumbnail

Dealing with an Unresponsive Landlord: The 3-Step Plan

Bay Property Management Group

Finally, as a last resort, some local laws may let you withhold your rent or use some of it to pay for repairs. Additionally, if you caused said damage, your landlord is most definitely not on the hook for it. This could come in the form of rent withholding. Then, an escrow account may hold your rent as the issue is resolved.

Landlord 147
Insiders

Sign Up for our Newsletter

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

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

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.

Property 130
article thumbnail

How to Invest in Real Estate: Guide for Beginners

American Apartment Owners Association

It might seem like real estate investing is a matter of acquiring a property, fixing it up (if necessary), charging rent and collecting checks. You could buy a single-family house and rent it out until you decide to sell it. Passive by definition is, not active. In return, it would get a percentage of your units monthly rent.

article thumbnail

How to Invest in Real Estate: Guide for Beginners

American Apartment Owners Association

It might seem like real estate investing is a matter of acquiring a property, fixing it up (if necessary), charging rent and collecting checks. You could buy a single-family house and rent it out until you decide to sell it. Passive by definition is, not active. In return, it would get a percentage of your units monthly rent.

article thumbnail

New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

Commercial Lease Agreement Rules Have Changed Overview of Legislative Changes The implications of this law encompass foundational alterations in lease agreements, especially concerning rent adjustments, lease termination notice periods, and the stipulations regarding the pass-through of operating expenses, i.e., property taxes.

Lease 52
article thumbnail

Maryland Laws to Know Before Investing In Rental Real Estate

Real Property Management DC Metro

Usually when many beginning Michigan Park investors think about buying a single-family rental property, what mostly comes to mind are the operational aspects of the investment: finding tenants, managing property maintenance, and collecting rent.