Bay Property Management Group

FEBRUARY 12, 2025

More importantly, what factors influence it, and how can you avoid common mistakes that many landlords make? Monitoring this metric helps landlords assess their propertys competitiveness and make strategic adjustments. Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies.

Landlord 147

Landlord Rental Income Rental Unit Property Management 147

Buildium

MARCH 19, 2025

Note: This guide is intended to provide general information on rental property tax accounting. If youre a landlord, understanding tax accounting for rental property is a surefire way to get save bookkeeping time while getting most return for your investment.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

Buildium

APRIL 3, 2025

75% of renters say they would like an online portal for tasks like making payments and submitting maintenance requests. Renters Want All the Information Up Front Renters want a more streamlined property search process. In our Industry report, renters wanted to see unit-specific information in listings.

Lease 223

Lease Property Management Property Manager Management 223

Bay Property Management Group

FEBRUARY 4, 2025

And can a landlord break a rent-to-own contract? Responsibilities as a Tenant: Unlike a regular rental, you might be in charge of maintenance and repairs. Can a Landlord Break a Rent-to-own Contract? Yes, its possible for a landlord to break a rent-to-own contract, but it usually happens for specific reasons.

Rent 130

Rent Landlord Property Management Services Lease Agreement 130

Real Property Management Evertrust

DECEMBER 6, 2024

Effective property management hinges on regular maintenance, as every successful rental property owner knows. Discover how to create an effective maintenance schedule and leverage technology for smoother implementation. Discover how to create an effective maintenance schedule and leverage technology for smoother implementation.

Maintenance 246

Maintenance Property Property Management Property Manager 246

American Apartment Owners Association

FEBRUARY 4, 2025

For landlords and property managers, these versatile vehicles can be an enticing option to diversify short-term rental offerings. Because your reputation as a landlord or property manager hinges on the quality of your rental units, ensuring that each motorhome is structurally sound and free of major mechanical defects is crucial.

Property Management 130

Property Management Property Manager Landlord Management 130

American Apartment Owners Association

JANUARY 27, 2025

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property 200

Property Insurance Rental Income Real Estate 200

Bay Property Management Group

FEBRUARY 24, 2025

Imagine going through the long process of renting a place, only to find out your landlord has policies about who can visit. So, can a landlord tell you who can be at your house? However, for the landlord, its also their investment. Can a landlord tell you who can be at your house because of this? Its a tricky situation.

Landlord 130

Landlord Lease Agreement Lease Tenant 130

BetterWho

MARCH 28, 2025

Property managers and property management companies spend countless hours on administrative tasks, tenant communications, and maintenance coordination. Automating Routine Tasks AI streamlines administrative processes like rent collection reminders, lease renewals, and maintenance scheduling.

Property Management 130

Property Management Property Manager Management Property 130

Rental Choice

SEPTEMBER 25, 2024

Credit checks are handy screening tools that provide landlords with more insight into the tenant’s financial history and responsibility. What does a landlord look for in a credit check? It can provide landlords with an in-depth understanding of the tenant’s financial health. Let’s find out.

Landlord 246

Landlord Tenant Rental Property Rental Property Management 246

Bay Property Management Group

FEBRUARY 20, 2025

As a landlord, you need to be prepared. Thats why, as a landlord, its a best practice to encourage your tenants to have insurance. Prepare for possible legal action If the injury is serious, the person may take legal action, especially if they believe the landlord was at fault. Having a paper trail can protect you.

Rental Property 130

Rental Property Lease Agreement Property Insurance 130

Yardi Breeze

JANUARY 23, 2025

While hes no longer on the National Board of Directors, his experience in property management and expertise on all things NARPM make him a valuable source of information. Tim : One major change in recent years is how members want information delivered. which focuses on protecting tenants rights, landlords rights and property rights.

Property Management 264

Property Management Property Manager Management Property 264

Real Property Management Chicago

JANUARY 23, 2025

Many property managers distinguish that they need to work straightaway when a resident calls with an emergency maintenance request. But which maintenance requests are emergencies, necessitating immediate attention, and which can wait a little longer? The post What Qualifies as an Emergency Maintenance Request?

Maintenance 147

Maintenance Property Management Property Manager Rental Property 147

Bay Property Management Group

DECEMBER 23, 2024

Are you a rental property owner stuck in the classic debate: landlord vs property manager ? In this guide, well break it all down, from the perks of being an independent landlord to the convenience of hiring a property manager, so you can confidently choose the right path for your rental business. What Is a Landlord?

Property Management 147

Property Management Property Manager Landlord Management 147

Buildium

FEBRUARY 4, 2025

Meanwhile, a more absentee investor might want a property manager who can take care of maintenance requests without needing to get them involved. How to Free Up the Time and Resources to Provide Better Service Before you dive into offering custom services to landlords and board members, its important to create space in your busy schedule.

Property Management 189

Property Management Property Manager Management Property 189

Buildium

MARCH 3, 2025

To Provide a Reference for Maintenance: When your staff conducts a move-in inspection, they can use the list to identify repairs that should be made before the new tenant moves in. From the checklist, you can then create and assign maintenance tickets to take care of the issues you found in your inspection.

Property Management 130

Property Management Property Manager Management Property 130

Bay Property Management Group

DECEMBER 3, 2024

Table of Contents Best Property Management Books for Beginners Best Books for Landlords for Further Reading Best Property Management Books for Beginners In this section, our property managers in Philadelphia will look into some of the best property management books for those just starting out. It includes reference templates. It’s a win-win!

Property Management 147

Property Management Property Manager Landlord Management 147

Beach Front Property Management

SEPTEMBER 26, 2024

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. For emergencies, it is wise to include a relative or friend’s contact information.

Lease 130

Lease Landlord Lease Agreement Insurance 130

American Apartment Owners Association

FEBRUARY 6, 2025

Because of their size, tiny homes are simple to maintain andare less expensive than larger ones in terms of taxes and building, heating, maintenance and repair costs.Renters, property owners and managers have fewer maintenance and repairs to deal with since there is less area to look after.In

Landlord 182

Landlord Airbnb Rent Tenant 182

MRI Software

MARCH 5, 2025

Landlords may face various liability risks, from tenant injuries to property damage claims. Without the right protection, landlords could encounter costly lawsuits and unexpected expenses that threaten their investment. This guide will cover what landlord liability insurance is, why its essential, and the key benefits it offers.

Insurance 52

Insurance Landlord Rental Property Tenant 52

American Apartment Owners Association

DECEMBER 9, 2024

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Analyze rental market trends for informed decisions. Manage maintenance costs proactively. To minimize investment risks in multifamily real estate, prioritize thoroughdue diligence.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

MRI Software

FEBRUARY 12, 2025

From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. Residential management services focus on professionally overseeing rental properties to ease the landlords responsibilities. Managing rental properties can often feel like a full-time job.

Landlord 52

Landlord Residential Property Management Residential Property Management Residential Property 52

Bay Property Management Group

FEBRUARY 6, 2025

Thats why landlords often ask for pet depositsto protect their property in the event Fido goes a little too far. Pet deposits are basically a landlord’s safety net, a form of informal “insurance.” If that happens, your landlord can keep however much of it they need to cover the costs or losses you incurred.

Landlord 130

Landlord Lease Agreement Lease Tenant 130

Rental Choice

NOVEMBER 28, 2024

It offers tenants and landlords a chance to continue the tenancy. A lease renewal is an agreement between the tenant and the landlord to renew the lease. Upon lease renewal, tenants and landlords get a chance to make adjustments. Landlords and tenants typically prefer this option to keep things simple.

Lease 246

Lease Landlord Tenant Rent 246

Muldoon Associates

FEBRUARY 6, 2025

What does it take to become a stress-free landlord? After all, theres rent to collect and vacancies to fill and preventative maintenance services to schedule. You can lock and unlock doors as needed, whether a tenant is arriving for a self-showing or a vendor needs to complete maintenance during the turnover process.

Rental Property 52

Rental Property Landlord Lease Agreement Property 52

Bay Property Management Group

MARCH 3, 2025

The savviest landlords and property managers in Baltimore use NOI to assess a property’s financial health and find ways to improve its value over time. As such, investors use NOI to compare properties, estimate value, and make more informed choices. Repairs & Maintenance Keeping the place in good shape costs money.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

Real Property Management Evertrust

OCTOBER 7, 2024

Becoming a landlord can be a great investment, but it’s not without its challenges. New landlords often face a steep learning curve, especially when it comes to managing tenants, maintaining property, and navigating legal requirements. Here are the top five mistakes new landlords make—and how you can avoid them.

Landlord 130

Landlord Lease Agreement Tenant Maintenance 130

American Apartment Owners Association

OCTOBER 10, 2024

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

Landlord 130

Landlord Insurance Real Estate Management Real Estate Management 130

American Apartment Owners Association

OCTOBER 10, 2024

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

Landlord 130

Landlord Insurance Real Estate Management Real Estate Management 130

Bay Property Management Group

FEBRUARY 11, 2025

Key questions should focus on maintenance policies, guest parking options, safety measures, and the building’s history to ensure there are no surprises after moving in. Being informed about these details helps prevent unexpected costs and restrictions. How Are Maintenance Requests Handled? Is Renters Insurance Required?

Apartment 130

Apartment Lease Insurance Rent 130

Bay Property Management Group

MARCH 17, 2025

Opportunity for Negotiation: The lease renewal period is the perfect opportunity to negotiate with your landlord. After all, your landlord wants your continued business. Cons Potential Rent Increases : While renewing your lease might protect you from major rent hikes, landlords may implement smaller increases. You can negotiate!

Lease Agreement 130

Lease Agreement Lease Tenant Landlord 130

Real Property Management Chicago

NOVEMBER 8, 2024

However, even more than that, when you hire property management experts, you can acquire benefits and expertise that numerous do-it-yourself landlords lack. On the other hand, property managers can help you perform preventive maintenance and fixes that will help avoid expensive emergencies. Property Management Pays for Itself!

Professional Property Management 243

Professional Property Management Property Management Property Manager Management 243

Real Property Management Chicago

DECEMBER 20, 2024

Because of this, resident retention should be a key priority for landlords and rental property owners alike. Build Trust Between Renters and Landlords In the rental industry, so much of what owners and landlords do is about relationships with people.

Lease 236

Lease Landlord Rental Property Property Management 236

Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

Maintenance 130

Maintenance Rental Property Single-Family Home Property 130

MRI Software

FEBRUARY 11, 2025

They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. They allow landlords to identify discrepancies in rent payments, lease terms, or operational policies that could lead to financial risks. What is the purpose of lease audits?

Lease 52

Lease Landlord Lease Agreement Property 52

Real Property Management Chicago

OCTOBER 20, 2023

Even if this is your first time as a landlord, you likely already know that problems are common for proprietors of rental properties. You can be better equipped to deal with problems by being aware of the five most typical ones a new landlord encounters. Investing in Warrenville rental properties is an excellent method to amass wealth.

Landlord 130

Landlord Property Maintenance Rental Property Property Management 130

Bay Property Management Group

JANUARY 29, 2025

As property managers in Philadelphia , we know it’s critical for making sure you’re fully informed about which utilities are included in your rental. Ask For Clarity If your lease doesn’t seem clear-cut or you have any questions, don’t hesitate to ask your landlord or property manager directly.

Utilities 130

Utilities Rent Lease Agreement Landlord 130