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What Is A Lease Violation and How To Prevent Them

Bay Property Management Group

But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one? What Is a Lease Violation? A lease violation occurs when a tenant doesnt follow the lease terms they agreed to.

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3 Steps For Dealing With Tenants And Frozen Pipes

Rental Housing Journal

Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter from Keepe. 1 The preventative methods for tenants and frozen pipes There are several things that property managers should do to prevent pipes from freezing in their rentals.

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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

Oftentimes, landlords exclude them because of how much tenants’ usage amounts can vary, or because of provider-specific agreements. Heres what youll likely need to budget for: Electricity This is almost always the tenants responsibility since each household’s usage looks different from one another.

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How to Become a Tiny House Landlord

American Apartment Owners Association

Small homes = big profits Leasing tiny homes is one of the latest trends in the rental business. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants. Can tenants have parties or pets? All of your policies need to be incorporated into your lease.

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How Extensive Are Background Checks for Apartments?

Bay Property Management Group

Landlords use them for these things: To check if the tenant poses a danger to people or the property One of a landlord’s goals in doing a background check is to see if the person has a demonstrated recent history of being a risk to people or properties. To check your rental history Landlords need to know a tenants rental history.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

These factors can affect a propertys value and its appeal to tenants. That means that if one tenant moves out, you will still receive income from the other tenants. Analyze the neighborhoods growth potential, property valuations, rental demand, crime rate and school district ratings as well as future development plans.

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Tax accounting for rental property management: What landlords should know

Buildium

Heres a quick breakdown of those definitions. Rental income includes all the payments you receive from tenants. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. What Counts as Rental Income?