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Are Utilities Included in the Rent, Explained

Bay Property Management Group

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more. So, be careful.

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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. But sometimes, utility costs can pile up fast and throw off your entire budget. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly?

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What Rights Do Tenants Have Without a Lease in D.C.?

Bay Property Management Group

Not every rental situation comes with a formal lease. But it does raise a big question: What rights do tenants have without a lease? but lack lease-specific rights like fixed-term tenancy. Having a written lease is crucial for both landlords and tenants, ensuring clarity, legal safeguards, and fewer conflicts.

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What Is a Co-Applicant in a Rental?

Bay Property Management Group

In this article, well break down what being a co-applicant really means, how its different from a co-signer, what the landlord looks for, and the good (and not-so-good) things you need to know before you sign that lease with someone. They share responsibility for fulfilling the lease terms. Main Takeaways What is a co-applicant?

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI.

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What Is Phrogging in Real Estate?

Bay Property Management Group

Signs to Watch For : Look out for unexplained noises, unlocked doors or windows, personal items that dont belong, or unexpected spikes in utility bills. In that case, it’s definitely important to check out the attics, basements, and even empty units. They might be secretly living there, even between leases. Absolutely.

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Tax accounting for rental property management: What landlords should know

Buildium

Heres a quick breakdown of those definitions. 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? Rental income includes all the payments you receive from tenants.