Sat.Nov 23, 2024 - Fri.Nov 29, 2024

article thumbnail

Holiday Safety Tips for Your Tenants

Rentec Direct

Holiday safety tips for your tenants are vital to pass along to protect your tenants, their guests, and your property. From kitchen fires to decoration safety, there are a lot of things that can result in an emergency if left unchecked. Use your tenant newsletter, a text message or a quick email to offer these […] The post Holiday Safety Tips for Your Tenants appeared first on Rentec Direct Blog.

Tenant 299
article thumbnail

Occupancy Limits and Fair Housing Compliance

American Apartment Owners Association

As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity. However, enforcing these limits while remaining compliant with fair housing laws can present challenges, particularly when requests for reasonable accommodation are involved.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Everything You Need To Know About Lease Renewals

Rental Choice

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. In doing so, you can avoid confusion and misunderstandings. What is a Lease Renewal? A lease renewal is an agreement between the tenant and the landlord to renew the lease.

Lease 246
article thumbnail

Community Times – November edition

ADDA

Celebrating 15 years of ADDA 15 Years. Many Moments. Endless Gratitude. From simplifying Community Management across India, to becoming a trusted name in UAE, Singapore, Mauritius and USA — our vision of Happy Community Living has spread worldwide. Join us on a walk down memory lane capturing 15 years of milestones, relentless innovation, and dedication to our customers: 15 Years of ADDA.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

Should There Be A Social Media Code Of Conduct For HOA Board Members?

HOA Managememt

With the rise of social media, HOA board members often find themselves navigating online communication. Social media can be a useful tool to keep homeowners informed and engaged. However, it can also lead to miscommunication, conflicts, or even legal issues if not handled properly. This has led many to wonder whether or not there should be a social media code of conduct for HOA board members.

Media 246
article thumbnail

What is Considered a Maintenance Emergency?

Osprey Property Management

Managing rental properties involves juggling numerous responsibilities, and one of the most demanding tasks is handling maintenance requests. For landlords, keeping up with repairs and upkeep across even one property—let alone multiple—can become overwhelming without the support of a reliable Virginia Beach property management company. Timely maintenance is essential for keeping tenants satisfied and protecting your investment.

More Trending

article thumbnail

ADU Insurance: What All You Need to Know

Beach Front Property Management

Accessory Dwelling Units (ADUs) are growing in popularity as they offer homeowners opportunities for rental income, additional living space, and flexible housing solutions. Building or owning an ADU requires a clear understanding of the insurance options that safeguard your investment. Each insurance type offers specific coverage for the property, ensuring comprehensive protection for homeowners, residents, and the structure itself.

Insurance 147
article thumbnail

Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

There are so many types of leases. It can really get dizzying just trying to understand them all. People throw around these terms as if everyone knows exactly what they mean. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. For someone casually hearing them, it becomes a mystery.

Lease 147
article thumbnail

Top 10 Rental Property Updates for Quality Tenants and Better ROI

Osprey Property Management

If you're a property owner looking to improve the return on investment (ROI) on your rental property, the right upgrades can work wonders. With a desirable rental home in excellent condition, quality tenants are more likely to pay a higher rent and stay longer, reducing your turnover costs. So, what makes a rental property appealing to the best renters in the Virginia Beach area?

article thumbnail

How to File Your 1099 Tax Forms With Nelco | Live Training Recap

Rentec Direct

Whether you are a landlord, real estate investor, or property manager, be sure you understand the 1099 filing requirements for the upcoming tax year. This webinar with Nelco will walk you through how to file 1099s electronically by easily connecting your data from your Rentec Direct property management software to Nelco for quick and easy […] The post How to File Your 1099 Tax Forms With Nelco | Live Training Recap appeared first on Rentec Direct Blog.

article thumbnail

Security Management In Gated Communities

ADDA

Gated communities are sought after for their promise of a secure and serene lifestyle. However, ensuring the safety of residents is an ongoing challenge, especially in the face of evolving threats. From unauthorized access to emergency response, security management in gated communities requires a robust strategy that incorporates advanced technologies, policies, and community involvement.

article thumbnail

What is the Difference Between a Lease and a Rental Agreement?

Bay Property Management Group

Entering into a lease is always a time to take a pause and think about what you are doing. Ultimately, it is a contract. Anytime you enter into a contract, it can be helpful to know just what exactly you are signing and what the terms are for what you are signing. Many people might get handed a rental agreement. Wait, I thought I was signing a lease?

Lease 147
article thumbnail

What Is a Landlord?

Genuine Property Management

The term landlord usually refers to an individual, company, or organization that owns property and rents it out to others in exchange for payment, usually in the form of rent. They play a crucial role in the housing and business rental markets, ensuring tenants have access to spaces for living or working. Landlords manage a […] The post What Is a Landlord?

Landlord 130
article thumbnail

How Multifamily Properties are Adapting to the Working World

American Apartment Owners Association

The way we work has undergone a dramatic transformation. While some companies are calling employees back to the office, remote and hybrid work models remain a significant part of the professional landscape. This shift has undeniably reshaped the multifamily housing market. Renters are seeking living spaces that seamlessly blend their personal and professional lives, demanding more than just a place to sleep; they need a place to work effectively.

Property 130
article thumbnail

7 of the best cloud based property management software solutions in 2025

Buildium

Compare the features & benefits of 7 of the best cloud based property management software in 2025, including Buildium, Property Matrix, and more.

article thumbnail

Employee Spotlight – John Paul Porras, BMG Staff Accountant

Bay Property Management Group

At Bay Property Management Group, we are Baltimore property management professionals focused on customer service. Furthermore, our goal is to make property ownership both a pleasurable and profitable experience for our clients. We know that our success is due to our awesome team members and how they each contribute something special to our property management company.

article thumbnail

Can I Complain to My Landlord About Smoking?

Genuine Property Management

Living in a multi-unit housing situation can come with its fair share of challenges, and dealing with secondhand smoke from other tenants is a common yet frustrating issue. Whether it’s a health concern, an unpleasant smell wafting into your home, or a violation of your building’s policies, it’s natural to wonder if and how you […] The post Can I Complain to My Landlord About Smoking?

Landlord 130
article thumbnail

Seattle Landlord Sues The City Over Tenant Rules

American Apartment Owners Association

A Seattle landlord has sued the City of Seattle alleging a number of laws passed in the name of tenant protections in the last few years have financially strapped his affordable housing units, according to the Seattle Times. The city council has been active the past few years in passing tenant protections such as caps on move-in fees, first qualified applicant rules, eviction rules, lease renewals and tenant screening rules.

Landlord 130
article thumbnail

Are Rent Prices Going Down? What Property Managers Need to Know

BetterWho

Are Rent Prices Going Down? Understanding the Rental Market Trends Rent prices are a hot topic for both property managers and renters. With economic fluctuations and market shifts, the question arises: Are rent prices going down ? This blog explores the factors behind the current trends, including the potential for a rent price decrease , and offers insights to help property managers and renters navigate the ever-changing rental market.

article thumbnail

Common HOA Legal Violations and How to Handle Them

Bay Property Management Group

It’s essential for both homeowners and board members to know their legal rights and responsibilities as members of an HOA. Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. Today, we’re reviewing some common HOA legal violations and what to do if your rights are violated.

article thumbnail

Choosing The Best Linens For Your Airbnb Property

AirKeeper

The linens you choose for your Airbnb can make all the difference in how guests feel during their stay. Quality bedding isnt just about comfort, it’s a key factor in getting the positive reviews that keep your property booked. With so many options out there, picking the right sheets, pillowcases, and duvet covers can seem like a lot. But by focusing on comfort and durability, you can create a welcoming space that helps guests feel right at home.

article thumbnail

Lower Manhattan Dominates List of Most Expensive Rental Zip Codes

American Apartment Owners Association

Massive rental demand across the country is supporting stable national rent rates even amid historic levels of new supply. National one- and two-bedroom rents remain $300 to $400 more expensive than four years ago. The median one-bedroom rent inched up slightly in October to $1,534, an increase of 0.1% on a monthly basis. Meanwhile, median rent for a two-bedroom apartment decreased by 0.1% to $1,910, according to the Zumper National Rent Index. “As new supply levels across the country peak

Rent 130
article thumbnail

2025 rental market predictions: 14 property management trends to prepare your business for

Buildium

Which trends will 2025 hold for property management companies in the United States? We’ve done the research on the forces that will shape the property management industry and the rental market next year. Some of the rental market trends we uncovered represent an intensification of conditions that came to the forefront during 2024. Others, however, are brand-new, and could potentially reshape the market in the year to come—such as increased interest in property acquisitions among rental owners, a

article thumbnail

How to Find Someone to Take Over Your Lease

Bay Property Management Group

As a property management company, we understand that things come up. Whether your family is growing or you must relocate for work , you may have to break your lease early. While this is not ideal for landlords or property managers, you can do a few things to make the process easier. For instance, you can give proper notice and also find someone to take over your lease.

Lease 130
article thumbnail

Choosing The Best Linens For Your Airbnb Property

AirKeeper

The linens you choose for your Airbnb can make all the difference in how guests feel during their stay. Quality bedding isnt just about comfort, it’s a key factor in getting the positive reviews that keep your property booked. With so many options out there, picking the right sheets, pillowcases, and duvet covers can seem like a lot. But by focusing on comfort and durability, you can create a welcoming space that helps guests feel right at home.

article thumbnail

Creating Alpha in Multifamily Investments

American Apartment Owners Association

Multifamily real estate has long been one of the most reliable asset classes in commercial real estate, offering steady returns through rental income and long-term appreciation. But in today’s increasingly competitive and dynamic market, generating Alpha—the excess return above market benchmarks—requires more than simply owning an apartment building and collecting rent.

article thumbnail

From zero to move-in hero: Your stress-free implementation journey

Updater

At Updater, we understand how important move-ins are for first impressions and long-term resident loyalty. That’s why our onboarding process is designed to make things simple, efficient, and stress-free—for you and your community teams. The post From zero to move-in hero: Your stress-free implementation journey appeared first on Updater.

article thumbnail

Using AI To Evaluate Data Sets In The Healthcare Space

Forbes Business Council

Leveraging artificial intelligence is a transformative solution to long-standing issues in healthcare data management and patient outcomes.

article thumbnail

Labour’s Renters Rights Bill: What it Means for Landlords and Tenants

Landlord Vision

On 4 July 2024, the UK elected a new Labour government led by Sir Keir Starmer. During its election campaign, Labour promised significant changes to the private rented sector (PRS), and now these changes are poised to come into effect under the new Renters’ Rights Bill, which replaces the Conservatives’ Renters’ Reform Bill. The Renters’ Rights […] The post Labour’s Renters Rights Bill: What it Means for Landlords and Tenants appeared first on Landlord insider.

Landlord 105
article thumbnail

Fannie Mae Expands Initiative to Increase Housing Access for Voucher Holders

American Apartment Owners Association

Fannie Mae is bolstering its initiative that provides incentives for new loans to multifamily property owners who accept Department of Housing and Urban Development (HUD) Housing Choice Vouchers (HCVs). Launched in April 2022 and extended through April 2026, the Expanded Housing Choice (EHC) initiative was created to expand opportunities for HCV holders by incentivizing borrowers who accept the vouchers as a valid source of income.

article thumbnail

Updater’s multifamily pricing explained

Updater

Getting started with Updater Pro | Onboarding is easy, fast—and free. Yep, free. With no upfront costs or hidden fees, we make it simple to transform your move-in process and delight your residents. Let’s dive into what’s included and how we can help your communities thrive. The post Updater’s multifamily pricing explained appeared first on Updater.

IT 130
article thumbnail

Activism Preparedness: Seven Key Strategies Every Business Leader Should Know

Forbes Business Council

Shareholder activism has increased in nearly every region of the world over the past decade.

119
119
article thumbnail

Reminders For Winterizing Rental Properties

Rental Housing Journal

The worse of the winter season is still to come to here are some reminders for winterizing rental properties. By Rental Housing Maintenance Services The winter season is quickly approaching and with it, harsh winter weather. Heavy rain, freezing temperatures and high winds are the cause of costly damage. Winterizing properties is not just a seasonal task; it’s a proactive measure that protects investments, saves money on repairs, and ensures the safety and comfort of tenants.

article thumbnail

Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

To mitigate investment risks in multifamily real estate, employ thorough due diligence practices. Inspect properties for hidden issues, analyze financial records for stability, and align strategies with market trends. Use data-driven decisions to manage risks effectively. Assess market cycles by evaluating economic indicators and demand dynamics. Implement efficient property management to minimize operational risks.

article thumbnail

For Property Managers: Deliver An Exceptional Living Experience

Yardi Breeze

How much does it cost to replace a resident? There’s a range, but residential unit turnover in the U.S. can cost anywhere from $1,000 to $5,000. If that feels like a bitter pill to swallow (or if you’re feeling a bit of sticker shock), we have something to help wash it down. If you have 10 minutes, we have a session on the keys to increasing retention by delivering an exceptional living experience for renters.

article thumbnail

Tell Your Story: The Importance Of Storytelling In Business

Forbes Business Council

Sharing business stories keeps people informed in a memorable way.

115
115