BetterWho

SEPTEMBER 21, 2024

Retaining good tenants goes beyond convenience—it impacts your bottom line. High turnover can drain your finances and disrupt your property management workflow. The cost of finding a new tenant, additional maintenance, marketing the property, etc., means that keeping your tenants happy is very important.

Property Management 233

Property Management Property Manager Tenant Management 233

American Apartment Owners Association

FEBRUARY 6, 2025

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.

Landlord 255

Landlord Airbnb Rent Tenant 255

Bay Property Management Group

FEBRUARY 6, 2025

Read on to learn more about pet deposits, why you might not get your refund, and your rights as a tenant. ” After all, when tenants have pets, they come with the chance of scratches, stains, or other damages that go beyond normal wear and tear. Once the dust settles and your lease has finished, are pet deposits refundable?

Landlord 130

Landlord Lease Agreement Lease Tenant 130

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. Verifying income helps you find tenants who are financially stable and trustworthy. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. But how do apartments verify income?

Apartment 130

Apartment Landlord Tenant Rent 130

American Apartment Owners Association

JANUARY 29, 2025

For some, this may mean working out more often or starting a new hobby, but for otherslandlords and property managersit means organizing finances and preparing for the upcoming tax season. Tedious processes like tracking, organizing, and managing your finances are automated, freeing up your time to manage other aspects of your business.

Landlord 130

Landlord Property Management Software Finance Property Management 130

Bay Property Management Group

MARCH 14, 2025

What is Inflation and How Does It Work As the most trusted property managers in Washington, DC, we monitor inflation trends so that property owners and tenants alike can navigate rising costs. Then, if you pass these extra costs onto tenants, the rent may have to go up even more. So, what exactly is inflation?

Rental Property 130

Rental Property Property Property Management Property Manager 130

American Apartment Owners Association

DECEMBER 9, 2024

Implement effective tenant screening processes. Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. Implementingbest practicesfor tenant screening can greatly impact your investment’s success.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

Buildium

MARCH 19, 2025

When it comes to renting a property, one the most important services that all landlords should offer their tenants is the ability to make online rent payments. Traditional methods often require tenants to write checks, mail them, and wait for processing.

Landlord 130

Landlord Rent Property Management Software Tenant 130

Bay Property Management Group

JANUARY 29, 2025

Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). How to Verify If Utilities Are Included in Rent on Your Lease To verify if utilities are included in your rent, there’s one definitive place you should look: your lease. It’s a staple.

Utilities 130

Utilities Rent Lease Agreement Landlord 130

Real Property Management Chicago

JULY 26, 2024

It protects your tenants’ personal property from loss or theft and gives you peace of mind. It is a huge relief to know that you aren’t responsible for your tenant’s actions. Knowing about renter’s insurance and why you should require it for your tenants is crucial for your security and theirs.

Insurance 130

Insurance Tenant Lease Real Estate 130

Bay Property Management Group

JANUARY 27, 2025

This score shows the landlord that you’ve been managing your finances well enough. That score indicates a phenomenal record with both finances and rent-paying, which places you above many competitors in the realm of apartment renting. As a rule, landlords want tenants to have an income that is three times’ the rent.

Rent 130

Rent Landlord Applications Applicants 130

Esquire Property Management Group

FEBRUARY 10, 2025

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing.

Commercial Property 64

Commercial Property Lease Property Government 64

Bay Property Management Group

MARCH 20, 2025

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. REITs (Real Estate Investment Trusts) are companies that own, manage, or finance real estate across different sectors. Thats where REITs come in.

Real Estate 130

Real Estate Rental Income Finance Property Management 130

Fourandhalf

JANUARY 22, 2025

Its a deep diving into: Vendor efficiency Technician efficiency Coordinator efficiency Benchmarking Finances You know what the performance actually is instead of trusting someones gut. Would you rather lose 50 percent of your owners or 50 percent of your tenants? One of the reasons that tenants leave is that they hate the maintenance.

Residential Property 228

Residential Property Property Maintenance Maintenance Property 228

American Apartment Owners Association

DECEMBER 9, 2024

. “What makes a tenant base want to stay in their apartment? ” Resident-Centered Practices Improve Tenant Experience Freddie Mac has identified and supported a number of resident-centered best practices that have spread across the market. ” Need a Lease Agreement? . ” Need a Lease Agreement?

Lease 235

Lease Lease Agreement Rent Landlord 235

American Apartment Owners Association

MARCH 31, 2025

A Real Estate Investment Trust is a company that owns, operates, or finances income-generating real estate. Here are some of the most common roles: Property Manager Salary Range : $35,000 $90,000 Handles daily operations, maintenance, and tenant relationships. ”this article will walk you through everything you need to know.

Real Estate 130

Real Estate Education Rental Income Finance 130

Bay Property Management Group

FEBRUARY 12, 2025

Several Factors Influence Vacancy Rates – Population growth, rental pricing, and the local job market play key roles in determining how easily a property can attract tenants. Proactive management, market research, and tenant-focused practices help keep occupancy rates high and rental income steady.

Landlord 147

Landlord Rental Income Rental Unit Property Management 147

Real Property Management Chicago

DECEMBER 20, 2024

Fortunately, a few basic, effective strategies can significantly keep residents happy and willing to renew their leases year after year. Invest in Thorough Tenant Screening Of course, finding renters who will take good care of your property is difficult to accomplish.

Lease 236

Lease Landlord Rental Property Property Management 236

Real Property Management Evertrust

OCTOBER 7, 2024

Becoming a landlord is often seen as a great investment opportunity, but managing tenants , especially difficult ones, can quickly turn your dream into a nightmare. For new landlords, navigating tenant conflicts and understanding when and how to enforce eviction procedures can be especially tricky. Common Mistakes New Landlords Make 1.

Tenant 130

Tenant Lease Agreement Landlord Lease 130

Bay Property Management Group

MARCH 2, 2025

Ready to take control of your finances? Your Debt-to-Income Ratio (DTI) is one of the biggest factors that determine whether lenders see you as a reliable borrower to get investment property financing. This way, you have less on your plate, and your tenants are satisfied. What Is Debt-To-Income Ratio (DTI)?

Insurance 147

Insurance Real Estate Applications Applicants 147

Real Property Management Chicago

NOVEMBER 22, 2024

In the near future, virtual assistants may even be able to perform tasks such as tenant screening, contract drafting, and much more. They can answer tenant inquiries and requests promptly. Blockchain in Leasing Digital finance tools are already streamlining rent payment processes and record-keeping tasks.

Property Management 242

Property Management Property Manager Management Property 242

Bay Property Management Group

MARCH 21, 2025

If you make upgrades, you can attract higher-paying tenants or buyers. Secure Finances Early Distressed properties dont wait aroundthey move fast. Thats why having your finances ready to go puts you in a strong position. Also, consider updating the property to what is trending to appeal to potential buyers or tenants.

IT 130

IT Property Real Estate Finance 130

American Apartment Owners Association

NOVEMBER 25, 2024

Here are a few reasons why starting with a multifamily property can be a game-changer: Consistent cash flow: With several tenants , you’ll have multiple streams of rental income. Easier financing: Lenders view multifamily properties as less risky because they are income-producing. Week 6-8: Securing Financing and Due Diligence 7.

Real Estate 130

Real Estate Finance Rental Income Single-Family Home 130

InveServe

MARCH 3, 2025

Initial Investment & Financing (LA-Specific): What is the total acquisition cost (including purchase price, closing costs, due diligence, and potential seismic retrofitting a critical LA consideration)? What are my financing options specific to the LA market (local lenders, specialized programs)? tenant relocation costs)?

Regulation 52

Regulation Lease Agreement Insurance Property Management 52

MRI Software

SEPTEMBER 3, 2024

Lease renewal fees are a critical factor in multifamily property management, affecting both landlords and tenants. Did you know that renewing a lease with an existing tenant can save up to $1,000 in turnover costs? Read on to learn about the pros and cons of lease renewal fees. What is a lease renewal fee?

Lease 52

Lease Tenant Lease Agreement Broker 52

American Apartment Owners Association

NOVEMBER 27, 2024

This might include renegotiating contracts with service providers, improving energy efficiency to lower utility costs, or reducing vacancy rates by building strong relationships with tenants. Retaining good tenants by offering perks, flexible lease terms, or minor unit upgrades can help avoid costly turnovers and vacancy losses.

Real Estate 130

Real Estate Rental Income Lease Tenant 130

MRI Software

FEBRUARY 5, 2025

Each unit typically has its own kitchen, bathroom, and entrance, ensuring privacy and independence for its tenants. This classification is important because it impacts zoning laws, financing options, and property management requirements. Does the number of units impact financing and management for multifamily properties?

Property 52

Property Finance Rental Income Single-Family Home 52

Esquire Property Management Group

FEBRUARY 2, 2025

They are responsible for a variety of tasks, including maintaining tenant relationships, guaranteeing legal compliance, and assuring financial stability. This includes: Providing owners with regular updates, which include keeping them informed about the status of the property, financial performance, and tenant difficulties.

Property Management 64

Property Management Property Manager Property Management Services Management 64

American Apartment Owners Association

DECEMBER 5, 2024

In this article, we’ll explore seven financing strategies that can help you embark on your multifamily real estate journey with little to no money down. Private Money Lenders One approach to financing multifamily properties is to seek private money lenders. Equity Shares Equity shares represent another viable financing strategy.

Real Estate 130

Real Estate Finance Contractors Rental Income 130

Buildium

NOVEMBER 12, 2024

For example, data analytics can help pinpoint what you should charge for services, the most effective leasing strategies, or what market to invest in next. Some other areas that property managers have found these assistants helpful for beyond accounting include leasing coordination, marketing, collections, and tech support.

Property Management 243

Property Management Property Manager Management Property 243

American Apartment Owners Association

NOVEMBER 27, 2024

Practice proactive risk management strategies like robust tenant screening and maintenance plans. Prioritize tenant relationships for enhanced property performance. Implement proactive risk management strategies like robust tenant screening and preventive maintenance. To start, robust tenant screening processes are vital.

Real Estate 130

Real Estate Compliance Property Management Property Manager 130

American Apartment Owners Association

SEPTEMBER 2, 2022

House hacking is an attractive real estate investment strategy because your tenants essentially pay your mortgage as your property builds equity. Additionally, house hacking lets you learn about property management , being a landlord and dealing with tenants while they cover most of your housing expenses.

Single-Family Home 130

Single-Family Home Real Estate Tenant Rent 130

American Apartment Owners Association

SEPTEMBER 2, 2022

House hacking is an attractive real estate investment strategy because your tenants essentially pay your mortgage as your property builds equity. Additionally, house hacking lets you learn about property management , being a landlord and dealing with tenants while they cover most of your housing expenses.

Single-Family Home 130

Single-Family Home Real Estate Tenant Rent 130

American Apartment Owners Association

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. 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.

Property 130

Property Insurance Rental Income Real Estate 130

American Apartment Owners Association

FEBRUARY 6, 2025

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.

Landlord 182

Landlord Airbnb Rent Tenant 182

American Apartment Owners Association

DECEMBER 2, 2024

Consider these factors: Proximity to Amenities: Properties near schools, parks, shopping centers, and public transportation tend to attract more tenants. Economic Stability: Invest in areas with a stable job market and economic growth, as this will ensure a steady stream of potential tenants.

Real Estate 130

Real Estate Single-Family Home Property Management Property Manager 130

MRI Software

SEPTEMBER 10, 2024

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence.

Lease 52

Lease Insurance Landlord Retail 52