Authority Property Management

MAY 3, 2022

Getting into a lease agreement without paying attention to detail can potentially put you in a position where you’d be held over a barrel. It is important to ask questions, seek professional counsel, or educate yourself before you opt-in on a lease agreement. The remaining insurance costs can be covered by the landlord.

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Authority Property Management

APRIL 25, 2022

If you’re looking for retail, industrial, or office space you’ve likely come across variations of lease structures from which you can choose. More often than not these lease structures are drafted in commercial real estate terms alien to you. Keep in mind that a triple net lease is different from a full-service lease structure.

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Florida Property Management

AUGUST 16, 2016

Holding Security Deposits: 3 Options A landlord can keep a security deposit and any advanced rent paid by a tenant in one of three ways. Or, the funds can be held in a separate interest-bearing account in which the landlord pays the tenant 75 percent of the interest that is earned or five percent of the amount that’s being held.

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RL Property Management

JANUARY 13, 2025

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. Navigating these laws can be complex, especially for self-managing landlords.

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RL Property Management

DECEMBER 23, 2024

As the Columbus rental market continues to evolve, landlords face increasing competition. By implementing forward-thinking strategies and adopting an asset management mindset, landlords can thrive in even the most competitive conditions. Common examples include a free months rent or lower security deposits for longer leases.

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Authority Property Management

JUNE 27, 2021

Being a landlord is a great and rewarding achievement. This can be a possible reality, but it is seldom the case for most landlords. As a landlord, you can definitely have perfect tenants, and it can be great; however, the possibility for this to happen lies in the ability to properly screen your tenants and market your properties.

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Muldoon Associates

NOVEMBER 7, 2024

You need to get a resident in place who is dependable, financially able to pay rent, and willing to follow the lease terms and take care of your property. Verify references and speak with previous landlords and employers to get a complete picture of the applicant. Make sure your lease agreement is clear and consistent.

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California Pacific Realty

SEPTEMBER 16, 2024

Did you know that regular rental property inspections can not only preserve the value of the property but also contribute to a more positive landlord-tenant relationship? But what exactly can a landlord look at during a rental inspection? The landlord must give proper notice before the inspection.

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T&H Realty

DECEMBER 2, 2024

As a landlord in Indiana or Indianapolis, ensuring your rental properties comply with safety standards is crucial. Indianapolis Specific Handrail Requirements Indianapolis follows the Indiana Residential Code but has additional local requirements that landlords must consider. We get it, handrails aren’t flashy or exciting.

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American Apartment Owners Association

NOVEMBER 2, 2022

So, while these factors, among others like your rental strategy and property amenities, make it hard to gauge an average cash flow, the figure is typically an 8% return on investment, according to landlord insurance provider, Steadily. Otherwise, tenants might start looking at those buildings when their lease with you expires.

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California Pacific Realty

OCTOBER 17, 2024

When you have good residents in place who pay rent on time, help you take care of your investment, and meet all of your expectations, you want those tenants to renew their lease agreements year after year. Share your expectations transparently at the beginning of the lease agreement. Be clear about what the lease requires.

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American Apartment Owners Association

DECEMBER 5, 2024

It is imperative, therefore, that the residents be educated on how to avoid a dangerous buildup. Check Fire Alarms and Educate Residents on Kitchen Safety Thanksgiving and Christmas see a rise in residential fires, often due to cooking accidents. Educate your residents about kitchen safety, like avoiding deep-frying frozen turkeys.

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Apartment Maintenance Education Insurance 130

Authority Property Management

AUGUST 3, 2024

The Impact of Assembly Bill 12 on the Property Management Industry and Landlords Assembly Bill 12 (AB12),went in to effect on July 1, 2024, and introduced significant changes to California's property management landscape. Key provisions include: Extended Notice Periods: Increasing the notice period for evictions and lease terminations.

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Gordon Property Management

AUGUST 8, 2024

Income Taxes for San Francisco Landlords You’ll need to pay tax on any profit you earn from renting out a property. Income will be any amount you receive from your tenants in monthly rent and any payments that are made by the tenant to you for circumstances such as the cancellation of a lease.

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RL Property Management

OCTOBER 15, 2024

When tenants miss payments, it can disrupt your cash flow and create stress for landlords. This guide will outline the steps landlords should take to protect their rental income and maintain good tenant relationships. Reference the terms of the lease agreement that explain when rent is due and any late fees that apply.

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Bay Property Management Group

DECEMBER 16, 2024

This city has something for everyone, from its famous educational institutions to its lively attractions. Our services are designed to make property management more simplified and streamlined for tenants and landlords. So, Is Baltimore a Good Place to Live?

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Real Property Management Choice

SEPTEMBER 1, 2022

Further, the best property management company in Redondo Beach helps eliminate the risk of rental scams by educating tenants and property owners. In this blog, we will discuss how property management helps landlords avoid tenant scams. But scams go both ways, as landlords also get trapped in tenant scams many times.

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Property Management Property Manager Landlord Lease Agreement 40

American Apartment Owners Association

NOVEMBER 21, 2024

College education: ~35% For Group 2: Age: 65-74 Household income: $75-100k Household size: 2 people Common leisure activities: Yoga, golf, running, grandparenting, dogs, food, music, traveling. College education: ~41% Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

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Apartment Education Applicants Applications 130

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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RL Property Management

DECEMBER 9, 2024

Managing rental properties is both challenging and time-consuming, which is why many landlords and investors turn to professional property management companies to help manage their most valuable assets. For instance, leasing activity tends to dip in the winter months, making it harder to fill vacancies.

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Property Management Inc.

NOVEMBER 26, 2024

If the con is successful, the scammers will then make off with the money from early rental payments or other leasing and processing fees they convince clients who think they’ll be getting a secure place to live out of the deal to pay. Be careful of landlords who insist on payment in cash.

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Real Property Management Choice

MAY 20, 2015

Luxury Units: Landlords may be exempt from Rent Control if the building qualifies under the Luxury Exemption and a certificate must be issued from LAHD. At the end of your 12-month lease and on each anniversary after that, you may raise a tenant’s rent by that percentage with a 30 Day Notice to Change the Terms of the Tenancy.

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RL Property Management

DECEMBER 16, 2024

As the year draws to a close, landlords and investors alike can benefit from taking a thorough look at their financials, assessing refinancing options, exploring creative financing for new investments, and planning tax strategies to maximize savings. Check out this post from Buildium for 11 property management KPIs you should be tracking.

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RL Property Management

NOVEMBER 12, 2024

Happy tenants are more likely to renew their leases, helping you reduce vacancy rates and turnover costs. This is critical for maintaining tenant satisfaction during major improvements and ensuring that renovation projects run smoothly without causing unnecessary tenant complaints or lease breaks.

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MRI Software

MARCH 12, 2024

However, with the right strategies and property management software , it’s possible to navigate these situations effectively and maintain a positive landlord-tenant relationship. Violations of lease terms Residents found in violation of lease terms can cause problems for both them and their property managers.

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Authority Property Management

AUGUST 23, 2021

Here are 5 of the most common red flags to help you identify and avoid scam listings: A Reluctance or Refusal to Meet or Show the Property An important part of the renting process is meeting your landlord and having a good look at the property in person. To avoid this, make sure to educate yourself on the market rental rates in the area.

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California Leasing & Management

JANUARY 11, 2024

Consider personalized services, such as flexible lease terms, convenient online rent payment options, and tailored amenities that enhance their living experience. Discounts on lease renewals, referral bonuses, or special amenities for loyal tenants create a sense of value and belonging.

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Tenant Education Maintenance Lease 52

MRI Software

AUGUST 2, 2024

Green leases are quickly becoming the industry standard, reflecting a growing commitment to sustainability. These leases include clauses that promote energy efficiency and environmentally friendly practices, such as recycling. By introducing a recycling program, you can bring the benefits of green leases to your multifamily property.

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Florida Property Management

DECEMBER 16, 2023

Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. Understand Your Lease Agreement: Before implementing any preventive measures, carefully review your lease agreement.

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MRI Software

SEPTEMBER 8, 2024

Understanding the distinctions and overlaps between student housing and multifamily properties is crucial for landlords and property managers. These properties prioritize proximity to educational institutions and include amenities tailored to student lifestyles. Is student housing considered multifamily?

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Property Manager Property Management Apartment Landlord 52

Real Property Management California Coast

JANUARY 26, 2024

We’ll explore the important aspects of commercial real estate investing in this guide, which landlords, property owners, and real estate managers should take into account. Making educated decisions is based on evaluating regional economic and market trends.

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Real Property Management DC Metro

JANUARY 25, 2024

As real estate managers, landlords, and property owners contemplate whether or not to invest in commercial real estate, this article will examine the most important considerations in that regard. To fully realize the potential of commercial real estate in your investment journey, keep in mind that making educated decisions is essential.

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RL Property Management

OCTOBER 28, 2024

Rent collection can be a complicated process, and it’s essential for landlords to stay compliant with local, state, and federal laws to avoid legal issues. This blog will cover the most critical legal considerations in rent collection and provide practical tips to help landlords avoid common pitfalls.

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RL Property Management

NOVEMBER 18, 2024

Expert guidance, such as that provided by property management professionals, can help landlords align these improvements with ideal conditions to protect their bottom line and avoid unnecessary disruptions. Renovating before leasing also ensures the property is in top shape, attracting higher-quality tenants and justifying rent increases.

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Muldoon Associates

APRIL 11, 2024

From property damages to liability claims, landlords need to protect their tenants and their investments. If you’re renting out a property that was once your primary residence, you’ll need to switch your homeowner insurance policy to a landlord insurance policy. This is necessary due to the added risk that you assume as a landlord.

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RL Property Management

OCTOBER 21, 2024

Rent collection is a crucial part of managing rental properties, but landlords may sometimes face situations where tenants cannot pay the full rent on time. Landlords must carefully weigh the risks and benefits before deciding. Additionally, accepting partial payments can make it harder to maintain clear, enforceable lease agreements.

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Rent Lease Agreement Landlord Property Manager 52

MRI Software

APRIL 17, 2024

Determining who is responsible for accidental fire damage to rental property depends on the cause of the fire and the terms outlined in the lease agreement. When a landlord would be responsible for accidental fire damage You would be responsible for accidental fire damage if it results from your negligence in maintaining the property.

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