American Apartment Owners Association

AUGUST 7, 2022

Evicting a tenant is never easy, but it can be an unfortunate part of your job as a landlord. Your tenants have rights and any violation of them could extend the eviction process longer than it should. Keep reading to understand how and when to (properly) evict a tenant. When should you evict a tenant? in a rental unit.

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Tenant Lease Attorney Rent 130

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. In 2019, both California and Oregon signed statewide rent control laws.

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Rent Rental Unit Landlord Regulation 130

Real Property Management Evertrust

OCTOBER 7, 2024

Becoming a landlord is often seen as a great investment opportunity, but managing tenants , especially difficult ones, can quickly turn your dream into a nightmare. For new landlords, navigating tenant conflicts and understanding when and how to enforce eviction procedures can be especially tricky. Common Mistakes New Landlords Make 1.

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American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

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American Apartment Owners Association

DECEMBER 9, 2024

Implement effective tenant screening processes. Analyzing rental trends, vacancy rates, and comparable rents can provide valuable insights into the property’sincome potentialand overall market stability. Implementingbest practicesfor tenant screening can greatly impact your investment’s success.

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Real Estate Compliance Maintenance Tenant 223

Buildium

DECEMBER 30, 2024

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. If you rent equipment or vehicles, the rent you pay is fully deductible. If you rent equipment or vehicles, the rent you pay is fully deductible. Mistake #5: Waiting to File 1099s We get it.

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Property Manager Property Management Management Property 245

Rental Housing Journal

JANUARY 16, 2025

The Federal Trade Commission and the state of Colorado have sued Greystar, the largest multifamily operator in the United States, for deceiving tenants about monthly rent costs by tacking on numerous mandatory hidden fees on top of advertised prices, according to a release. Greystar advertises its available apartments widely.

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American Apartment Owners Association

DECEMBER 16, 2024

When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. These violations can happen when residents take unauthorized actions or overlook certain responsibilities, like missing rent payments. Mediators facilitate compromise, while attorneys provide essential legal guidance.

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Lease Lease Agreement Attorney Maintenance 170

Real Property Management Evertrust

OCTOBER 7, 2024

New landlords often face a steep learning curve, especially when it comes to managing tenants, maintaining property, and navigating legal requirements. Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening.

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Bay Property Management Group

DECEMBER 2, 2024

Finally, as a last resort, some local laws may let you withhold your rent or use some of it to pay for repairs. In single-family ones, tenants usually must handle this issue). To be clear, tenants are on the hook for bringing any maintenance concerns to the landlord’s attention. This could come in the form of rent withholding.

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Landlord Property Management Property Manager Tenant 147

Bay Property Management Group

NOVEMBER 18, 2024

It is best to familiarize yourself with the rights and responsibilities that fall under you the tenant. For example, you can find the Consumer Guide to Tenant and Landlord Rights from the Pennsylvania Attorney General a helpful guide for those in Philadelphia and nearby. So let’s take a look.

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Lease Lease Agreement Landlord Property Management 130

American Apartment Owners Association

SEPTEMBER 2, 2022

For example, you could purchase a single-family home and rent out the rooms or buy that same property, make any necessary repairs and upgrades, and sell it for a profit. You purchase a multi-family property and live in one unit while renting out the remainder. The more attractive the property, the easier it will be to find tenants.

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Single-Family Home Real Estate Tenant Rent 130

Appfolio

JULY 13, 2020

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. The turnaround on tenant screening is faster than ever before, and results come with much more detail than they did previously.

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American Apartment Owners Association

DECEMBER 2, 2024

Consider these factors: Proximity to Amenities: Properties near schools, parks, shopping centers, and public transportation tend to attract more tenants. Economic Stability: Invest in areas with a stable job market and economic growth, as this will ensure a steady stream of potential tenants.

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Real Estate Single-Family Home Property Management Property Manager 130

MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. This guide will walk you through everything you need to know about tenant default insurance. What is tenant default insurance? Imagine owning multiple properties and suddenly losing a tenant in one.

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Rental Income Insurance Landlord Tenant 52

Florida Property Management

AUGUST 6, 2021

Many Landlords ask what they should do if a Tenant refuses to leave the property after the existing tenancy has been terminated. This is known as the tenant holding over and Florida Law is very specific about this and the process for the Landlord to recover possession of the property and double rent for the time Tenant was holding over.

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Tenant Lease Agreement Property Landlord 52

Nest DC

APRIL 12, 2023

is one of the most expensive cities in the United States to live in and also one of the most complex when it comes to landlord-tenant law. Nonpayment of Rent The most common reason for eviction is nonpayment of rent. law, landlords must provide tenants with a notice to pay rent or quit before starting the eviction process.

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Tenant Attorney Lease Landlord 52

California Pacific Realty

DECEMBER 6, 2024

Will renting do more harm than good for your finances and living preferences? When searching for a place to live, renting and owning can affect one’s financial decisions and lifestyle. Why Is It Better to Rent Than Buy a Place in 2024? For several reasons, renting can be more advantageous than buying a home.

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Florida Property Management

FEBRUARY 16, 2024

Making the Right Choice for Your Home in Today's Market In today's real estate market, many homeowners are faced with the decision of whether to rent or sell their home, especially when downsizing or moving to another property. This decision can be particularly challenging for those who currently have a low-interest mortgage loan.

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Young Management

MARCH 14, 2024

This article will guide you through the key factors to consider when creating a rent increase notice letter, ensuring that you maintain a positive relationship with your tenants and comply with legal requirements. While for tenants, it provides a clear and official notice to help them plan their finances accordingly.

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Rent Lease Agreement Compliance Lease 52

Muldoon Associates

NOVEMBER 7, 2024

We are always encouraging real estate investors to buy and rent out property in Colorado Springs. Because we hate to see people make mistakes that have been made before, we’re exploring the top 10 mistakes Colorado Springs property owners make when they’re renting out a home. That doesn’t mean there aren’t challenges. Be responsive.

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Lease Agreement Property Property Management Property Manager 98

American Apartment Owners Association

SEPTEMBER 2, 2022

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. However, to get started, theres actually more to it than that. Passive by definition is, not active.

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Real Estate Rental Property Apartment Rent 130

Property Management Inc.

NOVEMBER 26, 2024

The victims of listing fraud want their money back and obviously won’t be happy about being turned out on the street, while your tenants want their new house. If you’re a tenant, take a look at other properties in the area to see how believable a listing sounds. How do you keep tensions from boiling over? million U.S.

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Property Manager Property Management Management Property 98

Nest DC

OCTOBER 24, 2023

While renting out your property may be less than ideal, it could be the right choice for the short-term or even long-term. In this blog, we will dive into common concerns about rentals such as bad tenants, property damage, legal disputes, vacancy, and loss of income. Tenants can cause issues in many ways.

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Rent Consulting Tenant Lease 52

Nest DC

MAY 9, 2023

Relationships between housing providers and tenants can be complicated, and that's why every state has its own set of landlord-tenant laws in place to protect both parties. In this article, we will discuss the landlord-tenant laws in Washington, D.C. must give notice to tenants about their rights as domestic violence victims.

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Landlord Tenant Rental Unit Lease Agreement 52

Muldoon Associates

DECEMBER 5, 2024

Whether you’re renting out a single home or an entire portfolio of properties, we’re here to help you assemble exactly the right network. This includes tasks like tenant screening, lease enforcement, and property maintenance. Additionally, they ensure compliance with local landlord-tenant laws, minimizing your legal risks.

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Contractors Real Estate Property Management Property Manager 96

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. You will also specify rent due dates and payment methods. Decide how you prefer to collect rent. Be clear and straightforward, minimizing legal jargon.

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Lease Landlord Lease Agreement Insurance 130

Esquire Property Management Group

OCTOBER 9, 2024

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

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Lease Commercial Property Commercial Property Management Lease Agreement 52

Real Property Management Choice

APRIL 11, 2024

Evicting a tenant can be a difficult and emotional process for California landlords, and we always recommend that you don’t rush into it. Often, there are ways to avoid evicting a tenant, even if it means being flexible on when and how you collect rent. Defaulting on rent will always be a good reason to evict a tenant.

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Landlord Attorney Tenant Lease 52

Florida Property Management

MAY 16, 2017

Attorney Jerron Kelley from the law firm of Kelley and Grant is with us today to talk about the eviction process in Florida. Most evictions are for nonpayment of rent, and you’ll need to serve a Three Day Notice. The landlord must wait five days to see if the tenant will file an answer or a response.

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Attorney Litigation Landlord Property Management 52

Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. All landlords and commercial property managers should require tenants to have various forms of insurance depending on the type of business operations occupying the relevant space.

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Insurance Commercial Property Management Tenant Commercial Property 52

Property Management Inc.

NOVEMBER 26, 2024

These fees include a number of things such as the title search, the inspection, the credit report, attorney fees, the transfer, and more. Tenant Turnover Expenses. Attracting new tenants will cost money. You’ll need to market your property, pay to screen tenants, and do thorough property cleanings in between.

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Rental Property Attorney Property Insurance 52

Esquire Property Management Group

NOVEMBER 14, 2024

Managing commercial properties involves various responsibilities, from handling tenant issues to maintaining the building, solving challenges, being creative, marketing, etc. The fee generally covers tasks such as rent collection, coordinating maintenance, responding to tenant inquiries, and managing lease renewals.

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Commercial Property Management Commercial Property Property Management Property Manager 52

Property Management Inc.

NOVEMBER 26, 2024

The Internal Revenue Service taxes the rent you collect from your residential rental property as business income. If you paid an attorney or title company for legal services regarding your rental property, these expenses are deductible as well. Here are some common examples of these types of expenses.

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Rental Property Property Transportation Professional Property Management 95

Real Property Management DC Metro

MAY 10, 2012

This is an age-old saying that can apply to a landlord/tenant relationship. Often landlords are reluctant to issue a Pay or Quit Notice to a tenant, but when they do not pay rent in a timely manner, it is important. He moved in and the first month the rent was due, it did not arrive on time.

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Attorney Rent Property Management Property Manager 40

American Apartment Owners Association

DECEMBER 16, 2024

CHAT WITH AN ATTORNEY Squatting vs. Trespassing Although both involve occupying someone else’s property without permission, squatting and trespassing are distinct in the eyes of the law.Trespassingis considered a criminal offense that involves entering or staying on another’s property without consent or any legal rights. .”

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Landlord Real Estate Property Attorney 130

American Apartment Owners Association

DECEMBER 2, 2024

Engage with a reputable real estate attorney to ensure all legalities are in order and that the transaction progresses without a hitch. Property management software helps organize leasing documents, manage maintenance requests, and track rent payments. Closing the Deal: Finalize the terms, complete the paperwork, and close the deal.

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