American Apartment Owners Association

OCTOBER 18, 2024

The Importance of Occupancy Limits Occupancy limits are established to maintain safety standards and prevent overcrowding in rental units. Yes, property managers are within their rights to enforce occupancy limits, as long as these limits are clearly defined in the lease agreement and compliant with state and local regulations.

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Property Management Inc.

MARCH 13, 2025

Reducing vacancy rates isn't just about luck or timing; it's about strategy, preparation, and knowing the right moves to fill your rental units. This guide will equip you with proven techniques and insights for keeping your properties occupied, maintaining a steady rental income, and building a thriving rental business.

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Real Property Management Evertrust

OCTOBER 7, 2024

Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening. This can lead to tenants pushing boundaries—whether it’s paying rent late, violating the lease terms, or making unreasonable maintenance requests.

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American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. What can you do to give tenants that sense of safety when they move into your rental and what are your legal responsibilities to protect them from harm?

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American Apartment Owners Association

AUGUST 7, 2022

One way to make a rent estimate is to use a rent comparison tool to compare similar rental properties. You may have invested in your rental property by adding new amenities (e.g., a pool, new appliances, in-unit washer and dryer, etc.) Remember, a year-long lease has different requirements from a month-to-month lease.

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American Apartment Owners Association

AUGUST 7, 2022

One way to make a rent estimate is to use a rent comparison tool to compare similar rental properties. You may have invested in your rental property by adding new amenities (e.g., a pool, new appliances, in-unit washer and dryer, etc.) Remember, a year-long lease has different requirements from a month-to-month lease.

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Bay Property Management Group

DECEMBER 11, 2024

Contents of This Article Top Challenges Multi-Family Managers Face Tips for Success Managing Multi-Family Rentals Top Challenges Multi-Family Managers Face Are you looking forward to stepping into the world of multi-family rentals? Enhance Communication Communication is the backbone of successfully managing multi-family rentals.

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MRI Software

MARCH 5, 2025

By understanding your options, you can make informed decisions to protect your rental property investment and ensure long-term financial security. Landlord liability insurance is a type of coverage designed to protect property owners from financial losses due to accidents or damages occurring at their rental property.

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Authority Property Management

APRIL 4, 2024

First and foremost, it's essential to recognize that tenants have a right to privacy within their rental unit. They must provide reasonable notice before entering the rental unit , typically 24 to 48 hours in advance, except in cases of emergency or abandonment of property.

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American Apartment Owners Association

AUGUST 7, 2022

in a rental unit. Violating community health and safety standards: Letting a rental property get so dirty it attracts rodents or insects, which may make other tenants feel unsafe. Staying on premises after the lease has expired: When the lease is up, so is the tenants time living at your property.

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American Apartment Owners Association

AUGUST 7, 2022

in a rental unit. Violating community health and safety standards: Letting a rental property get so dirty it attracts rodents or insects, which may make other tenants feel unsafe. Staying on premises after the lease has expired: When the lease is up, so is the tenants time living at your property.

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Real Property Management Enterprises

APRIL 5, 2024

Owning rental property often means dedicating significant effort to identify the ideal tenants. It frequently happens when tenants with long-term leases need to be away from their homes for considerable periods. Opting not to cancel the lease, tenants may see subletting as a more favorable choice.

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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? A well-maintained rental unit is not just about aesthetics; it’s about making sure safety, comfort, and habitability for all occupants.

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Nest DC

AUGUST 17, 2023

As a housing provider in Washington, DC, it’s crucial to understand the complexities of breaking a lease agreement. This article will discuss when breaking a lease is and isn’t legally justified and provide you with insights into your rights as a lessor of a rental unit.

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Property Management Inc.

NOVEMBER 26, 2024

So, if you own a rental property, you can attract more tenants with a pet-friendly policy. Often, these pet families take good care of your home and are likely to renew their lease at the end of the initial agreement. Allowing pets in a rental unit presents risks too, but you can charge a pet deposit to cover them.

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Florida Property Management

DECEMBER 16, 2023

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.

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Nest DC

MAY 9, 2023

As a landlord, it's in your best interest to be familiar with these laws during the tenancy and include them in your lease, to avoid conflict with tenants in small claims court. laws state housing providers must disclose any nonrefundable payment fees they charge their tenants before signing the lease agreements.

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Property Management Inc.

FEBRUARY 10, 2025

Here are the specific conditions: At the end of a lease term: Rent can only be increased once a lease term ends. Landlords like you cannot raise the rent during the middle of a lease unless it’s explicitly stated in the rental agreement. When Can a Landlord Raise Rent in New Jersey?

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Real Property Management Choice

JULY 22, 2015

It is very important for a landlord to know what is required to maintain your rental property habitable. Appliances California law considers appliances, such as refrigerators and dishwashers, as amenities, and their absence in a rental does not make the property uninhabitable.

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Authority Property Management

MAY 17, 2024

Terms like "30-day notice," "60-day notice," and "eviction" are often thrown around, but it's crucial for tenants to understand the differences between these terms, as they have significantly different implications for your rental history and future tenancies. Receiving either a 30-day or 60-day notice does not mean you have been evicted.

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Authority Property Management

JULY 5, 2024

Include clear clauses in your lease agreements regarding the handling of abandoned property. Conduct regular property inspections to stay informed about the condition of your rental units. Premises appear vacant, with no personal belongings or significant furniture left behind. 15-30 days) to claim their belongings.

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Property Management Inc.

NOVEMBER 26, 2024

Enumerating these on a schedule as part of your lease agreement is an excellent way of addressing this legal requirement. When it comes to a landlord's long-term success, there is nothing as important as property maintenance. So how can a landlord stay on top of everything they need to?

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Property Management Inc.

NOVEMBER 26, 2024

Illegal apartments are rental units that don't meet local building or zoning regulations. These units often arise from unauthorized modifications or conversions of existing spaces. Moreover, renters in illegal units may face eviction without proper recourse or legal protections. What Is an Illegal Apartment?

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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. This insurance can cover the cost of damages to their personal property and potentially cover liability for damage to your rental property.

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Real Property Management Choice

JULY 4, 2024

The process of moving in and out of a rental property can be challenging for both tenants and landlords, but it doesn’t have to be. Review and Discuss Your Gardena Lease Agreement Go over the terms of the lease with your tenant. Refer to the lease agreement and send the language that backs up what you’re requesting.

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Young Management

JULY 7, 2024

It is exciting to own a rental and make a passive income from it. It also encourages tenants to stay longer in your rental unit. While verbal agreements may not require any signature and preparation, it is not the best option since conflicts between parties can arise at any time. Do they handle their finances well?

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Authority Property Management

AUGUST 3, 2024

Political and Legal Impact Regulatory Compliance: Landlords will need to navigate a more complex regulatory environment, necessitating legal consultations and possible revisions of lease agreements. We'll explore the micro and macro effects of the bill, considering its economic, social, political, and environmental dimensions.

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Authority Property Management

JULY 12, 2022

If you ever feel like you’ve had enough of a particular place, it’s a lot easier to break a lease, and move across the country than it is to sell a house. Less Worries about Repairs on a Rental Property When you rent a house, you worry less about repairs because it is someone else’s problem, Guess who? the landlords.

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Real Property Management Choice

JULY 21, 2015

Landlords of all residential rental units are required to change the smoke alarms to conform to senate bill No.745. Terminating Lease Agreement According to senate bill No.612, The tenant is required by the law to maintain a $1,000,000 lessee’s general liability insurance policy.;

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MRI Software

MARCH 5, 2025

Airbnb investing offers the potential for high returns through short-term rentals, while multifamily investing provides steady income with long-term tenants. Multifamily investment, on the other hand, involves purchasing buildings with multiple rental units leased to long-term tenants.

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Real Property Management Choice

MAY 20, 2015

Currently, taxes on rental income are at $1.27 8: RESIDENT MANAGERS In California, buildings with 16 units or more require a resident manager to live on the premises. Along with a comprehensive Lease Agreement, you are required by law to provide the EPA booklet on lead-based paint listed below.

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Property Management Inc.

NOVEMBER 26, 2024

As a landlord, understanding what to do if your tenant breaks their lease is crucial for maintaining smooth operations and minimizing financial losses. Understanding the Lease Agreement At the core of any landlord-tenant relationship is the lease agreement, a legally binding contract that outlines the terms of the tenancy.

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Authority Property Management

FEBRUARY 5, 2021

These include the nonpayment of rent, excessive property damage, illegal property use, repeated lease violations and illegal use of the property. Step #1: Posting the Eviction Notice The first step to terminating a lease agreement begins with issuing the tenant an eviction notice. The rental unit was not habitable.

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Real Property Management Choice

JUNE 6, 2024

To raise your rental value, you have to attract the best tenants. Upgrading the condition of your investment property is the fastest and easiest way to increase its rental value. Technology is allowing for a lot of fantastic amenities and features, even in rental homes. Video doorbells. You can charge pet rent.

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