Real Property Management Choice

APRIL 25, 2024

Assembling a list of essential maintenance tips is a good idea because as most landlords know, a well-maintained home attracts high-quality residents, brings in higher rents, contributes to tenant retention, and leads to a more profitable investment experience. It’s also important that you educate and work with your tenants.

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American Apartment Owners Association

DECEMBER 12, 2024

With billions of dollars worth of commercial real estate loans coming due, landlords with struggling properties are increasingly giving the keys to lenders and walking away. For struggling landlords, its an appealing option. Its definitely a stain on your record that definitely stays there no matter what.

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Authority Property Management

SEPTEMBER 28, 2016

How To Handle Tenant Complaints As hard as you try to keep all of your tenants happy as a landlord, receiving complaints from your tenants is still almost unavoidable. However, handling complaints that you may receive from your tenants doesn’t have to be as intense as some people make it out to be.

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Property Management Inc.

NOVEMBER 26, 2024

But occasionally, that dream property can go drastically wrong, and you find yourself in a dark basement flat with mold, questionable electrics, and an elusive landlord. Read on to learn more about illegal apartments tenant rights and how to remedy the situation. You may have found yourself in an illegal apartment.

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Real Property Management Chicago

NOVEMBER 30, 2017

Different landlords have different application requirements, but many are expecting very similar things from applicants before they sign a lease. Before you apply, call the property management company or landlord to ask about their application criteria. Most Chicago property management companies and landlords will ask for these.

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Real Property Management DC Metro

NOVEMBER 21, 2024

For that reason, resident retention should be a top priority for landlords and rental property owners alike. Establish Trust Between Renter and Landlord In the rental industry, so much of what owners and landlords do is for relationships with people. Although, you can definitely screen your applicants before signing a lease.

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MRI Software

FEBRUARY 18, 2024

The challenge for landlords and property managers is determining when noise levels cross the line from acceptable to disruptive, and knowing how to effectively handle the complaints. This blog offers comprehensive guidance on how to deal with tenant noise complaints in multifamily properties. What is the definition of noise?

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Florida Property Management

MAY 21, 2021

Tenants are more educated than ever before, and when they’re looking for a new rental home, they’re going to have a list of what they expect to find. Most data tells us that the two most important things to tenants are price and location. When you’re renting out your Weston property , make sure you’re thinking like a tenant.

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Real Property Management DC Metro

SEPTEMBER 27, 2024

Conceding that some of these reasons may be personal, there are definitely a few many people who prefer to rent their homes share. Various tenants find renting attractive on the grounds that it helps them sidestep the extra costs related to homeownership. These include: No additional costs. More flexibility and freedom.

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Real Property Management DC Metro

SEPTEMBER 2, 2022

If listings are lacking or you’d rather buy into a turn-key property, bagging a property with current tenants may be quite lucrative. At the same time, however, there are particular things you need to grasp well before trying to own a tenant-occupied rental property. But that is not always the case.

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Real Property Management California Coast

DECEMBER 22, 2017

When it comes time to raise the rent on your rental property it does not matter if you have been in the business of investment homeownership for one week or many years, many landlords report that this is the most stressful part of the business. But, not all of the lease alterations need to be a terrible thing, even if the price does go up.

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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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Real Property Management DC Metro

JUNE 24, 2022

As a Logan Circle rental property owner, communicating with your tenants is very important for securing a satisfactory relationship and making certain that your property is taken care of. So, what’s the best way to communicate with your tenants? Specifically, younger tenants may prefer to text over email or phone calls.

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Mashvisor

NOVEMBER 16, 2022

By definition, inflation is the increase in living costs… Inflation went up slightly month-over-month in October 2022. It means inflation may be slowing down, but how does it affect investors?

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Real Property Management Choice

MAY 23, 2024

Also known as The Tenant Protection Act of 2019, AB1482 has been a pivotal law in the state of California. This touches some key parts of your rental experience, including how much you charge in rent and how you remove tenants from your property. Unlike Costa-Hawkins, AB 1482 does not set a definite date after which you are exempt.

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American Apartment Owners Association

SEPTEMBER 2, 2022

If you think you can handle more than one tenant, you could invest in an apartment building and collect multiple rent checks every month. Passive by definition is, not active. Advertising your property and screening tenants are also common expenses for property owners. Youll be plenty active as a real estate investor.

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Authority Property Management

JUNE 30, 2015

Renting: Renting has to do with the terms of the agreement between the two parties or tenant and landlord. A Month to Month agreement would be a good example of this; it can be canceled by the landlord or renter with proper written notice in advance. Leasing: Leasing is a long-term that is present.

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MRI Software

NOVEMBER 28, 2023

Understanding the common area maintenance definition is vital for anyone involved in commercial real estate, whether landlords, tenants, or property managers. The common area maintenance definition is the process of maintaining shared spaces within a commercial property.

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Nest DC

JUNE 9, 2023

Though Washington DC is bordered by Virginia and Maryland, it has its own landlord-tenant Laws that differ from the states around it. While you’re not required to ask your tenants for a security deposit, we recommend requesting one. The definitions below will help you determine whether damage is typical wear and tear.

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Real Property Management Choice

AUGUST 23, 2018

This definitely is a mistake most people only make once, but take our advice and avoid making it at all. Remember, the tenant is your customer and denying repairs or failing to address maintenance needs in a timely manner will only lead to an unpleasant experience for the tenant.

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Real Property Management DC Metro

MAY 13, 2022

But definitely, there are different small maintenance tasks that you can and should expect your tenant to enact. If a toilet becomes clogged , it is mostly the tenant’s responsibility to clean the blockage. If the window was broken due to tenant negligence, they should pay to replace it. Broken windows. Lightbulbs.

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Authority Property Management

NOVEMBER 30, 2022

As a result, you may be an investor who has bought what will be your first rental property, or perhaps even a homeowner who took advantage of low-interest rates to upgrade your home in hopes of selling it, but now find yourself becoming an accidental landlord and instead renting out your property.

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Rent Property Landlord Insurance 52

Authority Property Management

MAY 3, 2022

By the middle of the spectrum, I mean a point where responsibilities are split between the landlord and the tenant, and both parties play a role in covering a share of the operating expenses. In a gross lease structure, it is the landlord’s responsibility to cover operating expenses.

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SparkRental

NOVEMBER 14, 2024

As terms in real estate investing go, the blanket mortgage definition is pretty simple. You could try to arrange eight separate landlord mortgages — or you could negotiate one single mortgage that covers all eight properties. However, as simple as the blanket mortgage definition, its uses and applications get more nuanced.

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Real Property Management DC Metro

SEPTEMBER 30, 2022

Gentrification can certainly happen straight away or slowly, but definitely, it almost frequently raises complex social issues. As an illustration, landlords can raise rents to what the current market will allow; these increases can be a lot if the market is desirable.

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Real Property Management DC Metro

APRIL 28, 2022

Just in case you’re applying for a rental through RPM DC Metro, our screening process already includes landlord references to check for prior tenant behaviors. In the case of a landlord-tenant relationship, a significant other should ALWAYS submit an application.

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Authority Property Management

NOVEMBER 19, 2020

There are few situations as stressful for landlords as having squatters. Remember that while this article is a useful guide to understanding what the rights of landlords and squatters alike, it's not a legal document. Is a holdover tenant a trespasser? As a landlord, you have two options when it comes to holdover tenants.

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Real Property Management DC Metro

FEBRUARY 17, 2022

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. These transfers frequently arise when the heirs of a deceased property owner inherit the property.

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Real Property Management California Coast

JUNE 1, 2018

The Centers for Disease Control and Prevention (CDC) doesn’t have statistics about how often Stachybotrys molds are found in buildings, and while mold, in general, is a definite cause for concern, the immediate risk of mold exposure, while present, has certainly been exaggerated in the media.

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Maintenance Rental Property Property Property Manager 52

Esquire Property Management Group

JANUARY 9, 2024

It is a paramount factor of investment and concomitant income stability, combined with tenant turnover risk. The computation of WALT is a particular procedure, requiring an evaluation of the remaining lease term for each tenant along with the square footage and dollars per square foot that the lease represents.

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Lease Real Estate Commercial Property Management Commercial Property 52

Authority Property Management

AUGUST 26, 2020

Tenant retention is an important factor in determining the success of a property owner or real estate investor. A successful investment in a rental property would require the consistent inrush of the right tenant or resident with a minimum tenant turnover. The same philosophy applies in a rental property investment.

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Florida Property Management

SEPTEMBER 30, 2022

Tenants and Landlords must prepare for the storm in a timely manner and follow all instructions from the local authorities. Tenants must check their renters insurance policy since the landlord's policy will not cover any of their personal property or liability or injury that may happen due to the storm.

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Authority Property Management

DECEMBER 23, 2020

Tenant evictions take a long time in bigger cities like San Francisco and Los Angeles. You have to factor in the processing times even if you have a very good cause for eviction, such as a tenant not paying rent. When you are buying an investment property, this is definitely something to take into account.

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Authority Property Management

FEBRUARY 10, 2019

When you have a vacancy at your property, you naturally have a screening process in place to find the right tenant. However, when it comes to finding a great property manager, many people fail to be thorough in their search process, and that is one mistake you definitely don’t want to make.

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Propertyware

APRIL 21, 2022

Help your prospective tenants see all of the features of your properties in a timely manner with a fast, mobile-friendly website and thorough, attractive listings. Zumper Zumper is a value-added site that offers up neighborhood information and city guides for your tenants. That’s why it’s so important to optimize for mobile.

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Bay Property Management Group

DECEMBER 29, 2024

Among all the terms in real estate, “landlord” is one of the most common ones. What is a landlord, exactly? What does a landlord do? What are some of the biggest landlord responsibilities? Content of the Article What Is a Landlord? What Does a Landlord Do? What Does a Landlord Do?

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Second Nature

DECEMBER 2, 2024

It forces you to consider industry trends that you may not feel the impact of immediately but will definitely affect the viability of your business in the future. Now accidental landlords are the majority of new opportunities. To achieve this, focus on making your properties more attractive to potential tenants.

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