article thumbnail

Resident-Centered Housing Practices Gain Momentum

American Apartment Owners Association

Freddie Mac has also highlighted the importance of freely available financial education, which the company provides through its free CreditSmart platform. ” Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease.

Lease 174
article thumbnail

Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

This can lead to tenants pushing boundaries—whether it’s paying rent late, violating the lease terms, or making unreasonable maintenance requests. The Fix: Set clear boundaries from the beginning by creating a detailed lease agreement. Your lease should outline: – Rent payment deadlines and consequences for late payments.

Landlord 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Can You Break Your Lease Without Penalty?

Bay Property Management Group

How Can You Break Your Lease (in Philadelphia and Elsewhere) In Pennsylvania, there isn’t an explicit regulation beyond what is outlined in that document: There is no stand-alone right to terminate a lease early, and many lease agreements do not allow a tenant to terminate early.

Lease 130
article thumbnail

The Top 10 Mistakes Colorado Springs Property Owners Make (And How to Avoid Them)

Muldoon Associates

If a tenant makes a repair request and you don’t act on it right away, you will find yourself dealing with more significant problems down the line, including higher maintenance costs and potentially leaving your tenants dissatisfied and unlikely to renew their lease agreements. Make sure your lease agreement is clear and consistent.

article thumbnail

Modified Gross Lease: What You Need to Know

Authority Property Management

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.

Lease 52
article thumbnail

How Tenants Can Prevent Water Damage

Florida Property Management

Understand Your Lease Agreement: Before implementing any preventive measures, carefully review your lease agreement. Understanding these terms will not only help you comply with the agreement but also demonstrate your commitment to maintaining the property.

Tenant 52
article thumbnail

Important Factors for Real Estate Investing

Nest DC

Lease Agreements: Create comprehensive lease agreements that outline terms, responsibilities, and consequences. Lease Agreement Compliance: Ensure that your lease agreements adhere to all relevant laws and regulations. We highly recommend becoming a NARPM member.