Bay Property Management Group

JANUARY 29, 2025

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more.

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Utilities Rent Lease Agreement Landlord 130

Beach Front Property Management

APRIL 16, 2025

The Tenant Screening Process: Step-by-Step Tenant screening is a proactive strategy to find trustworthy, responsible residents who treat the property carefully and pay rent on time. Employment and Income Verification Property managers verify current employment and income to confirm if an applicant can afford the rent.

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Property Management Property Manager Tenant Management 147

American Apartment Owners Association

FEBRUARY 25, 2025

Why Landlords Need to Use Property Management Software in 2025 Rental property management comes with a laundry list of responsibilities from collecting rent and screening tenants to monitoring expenses. Online Rent Collection & Payment Processing No more chasing down checks or dealing with late payments! Mul tiple payment options.

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Property Management Software Property Management Property Manager Management 207

American Apartment Owners Association

JANUARY 13, 2025

Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. Ratner Property Management and Maintenance, an AAOA member, is one such example. California Attorney General Rob Bonta urged residents to report suspected price gouging.

Attorney 290

Attorney Property Management Property Manager Landlord 290

Bay Property Management Group

FEBRUARY 25, 2025

It compares your property’s income to its market value, showing how much of that value you’re getting back in the rent each year as a percentage. On the other hand, if your rental yield is too low, that might indicate you need to raise the rent to increase profitability. What Is the Rental Yield (and Why Does it Matter?)

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IT Rental Property Finance Rent 130

American Apartment Owners Association

APRIL 30, 2025

Youre Starting to Dread Daily Tasks If you’re spending hours every week chasing payments, organizing maintenance, or digging through paperwork, it’s time to automate: Online rent collection makes getting paid easier and faster. Automated maintenance requests keep vendors and tenants organized.

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Property Management Software Property Management Property Manager IT 130

Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

Utilities 130

Utilities Rent Tenant Landlord 130

Bay Property Management Group

JANUARY 30, 2025

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference.

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Rent Landlord Tenant Lease 130

Buildium

DECEMBER 4, 2024

Whether you’re new to forecasting rental property maintenance costs or simply looking to improve, this guide has you covered. Property Condition: A property’s maintenance history plays a big role in its repair needs. If your properties are in a hurricane-prone area, for instance, they may require regular storm-prep maintenance.

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Property Maintenance Maintenance Rental Property Property 245

Yardi Breeze

JANUARY 23, 2025

Another issue is finding qualified workers, especially in maintenance roles. Theres been a significant labor shortage in the maintenance industry. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due? Back in 2009, we were a small company with around 120 units.

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Property Management Property Manager Management Property 264

Buildium

APRIL 3, 2025

75% of renters say they would like an online portal for tasks like making payments and submitting maintenance requests. Enable online rent and deposit payments. Among the factors that influenced their decision, their perception of the value of their current rental weighed against the rent they’re paying.

Lease 223

Lease Property Management Property Manager Management 223

Bay Property Management Group

APRIL 9, 2025

Other times, theyre what makes that monthly rent feel worth it. Some are included in rent, while others may come with added fees. Amenities affect rental prices higher-end features often mean higher rent or extra charges, so it’s important to weigh costs against convenience and lifestyle benefits. Read more below.

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Tenant Rent Property Management Property Manager 221

Bay Property Management Group

JANUARY 5, 2025

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

Rent 262

Rent Rental Income Property Management Property Manager 262

Buildium

APRIL 23, 2025

Be Detailed: Include all the necessary information, such as the rent amount, due dates, security deposit, and any property-specific rules. Its all about finding responsible renters who will treat the property well and pay rent on time. Verify Income: Make sure tenants can cover the rent.

Lease 130

Lease Lease Agreement Management Property 130

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property 200

Property Insurance Rental Income Real Estate 200

Buildium

APRIL 23, 2025

From lease signings and renewals to tenant communications and rent payments, it tackles the most time-consuming aspects of property management. With built-in messaging features, leasing software lets you send automated reminders, rent due notices, and maintenance updates directly to tenants.

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Lease Property Management Property Manager Management 130

Buildium

APRIL 23, 2025

This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance. Negotiating Lease Terms: After finding the right tenant, youll negotiate the lease terms, including rent, deposits, and policies. But a successful property management strategy goes beyond filling vacancies.

Lease 130

Lease Property Management Property Manager Management 130

Bay Property Management Group

APRIL 28, 2025

Whether you’re renting or buying, loft apartments come with some solid perks. Here are a few of the most common advantages: Less Maintenance: Unlike stand-alone houses, lofts and condos dont come with a yard to mow or tons of house-wide repairs to stress about. Step into a loft and the walls literally disappear. What is a Loft?

Apartment 130

Apartment IT Property Management Property Manager 130

Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. The right software can help simplify the process, but with so many options out there, how do you choose the best one?

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Property Management Software Property Management Property Manager Landlord 242

American Apartment Owners Association

FEBRUARY 6, 2025

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

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Landlord Airbnb Rent Tenant 255

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. Did you know that two-thirds of rental owners expect top-tier customer service from their property management company? Its not just a preferenceits the standard.

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Property Management Property Manager Management Property 189

Buildium

MARCH 19, 2025

Manual tracking of rent payments, maintenance requests, and tenant communications can be time-consuming and prone to errors. Small landlord property management software includes financial and accounting tracking capabilities , including rent collection, expense management, and reporting.

Property Management Software 130

Property Management Software Property Management Property Manager Landlord 130

Bay Property Management Group

APRIL 23, 2025

But before you dive in, there are a few things you should knowthings that goes beyond the basic buy low, rent high advice. Additionally, if you live in one unit and rent the other, you can lower your housing costs while building equity, offering flexibility for homeowners and investors alike. Its like hitting two birds with one stone.

Single-Family Home 130

Single-Family Home Finance Rental Income Property Management 130

Buildium

MARCH 19, 2025

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Why Rental Leasing Software Is Becoming a Must-Have for Landlords Many landlords start their journey by handling lease agreements, rent payments, and tenant applications manually.

Lease 130

Lease Landlord Lease Agreement Tenant 130

Bay Property Management Group

MARCH 14, 2025

Then, if you pass these extra costs onto tenants, the rent may have to go up even more. How Inflation Can Work in Your Favor Higher Rent: When the cost of living rises, rent naturally follows suit. Inflation affects everything it touches, and the real estate market is no exception. So, what exactly is inflation?

Rental Property 130

Rental Property Property Property Management Property Manager 130

Beach Front Property Management

DECEMBER 18, 2024

Should you rent or own a home? Renting often comes with lower annual costs, as residents are not responsible for property maintenance or significant repairs. Here, we will learn about owning vs renting in detail. No maintenance responsibilities : Residents are usually not responsible for home repairs or maintenance.

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Rent IT Maintenance Utilities 130

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. Explaining the terms of the lease agreement: This should include the rent amount, the security deposit, the due dates for rent payments, and the late fees.

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Property Management Property Manager Management Property 130

BetterWho

APRIL 24, 2025

This includes handling lease agreements, rent collection, maintenance requests, communication, and conflict resolution. This includes compliance with landlord-tenant laws, timely repairs, rent collection, and good communication. Tenants are individuals or groups who rent residential or commercial property.

Property Management 130

Property Management Property Manager Tenant 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. Ask about the lease duration, renewal process, rent amount, additional fees, and policies on subletting or early termination. Are Utilities Individually Metered?

Apartment 130

Apartment Lease Rent Insurance 130

Bay Property Management Group

FEBRUARY 12, 2025

Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies. Common Landlord Mistakes Can Increase Vacancy Rates – Setting rent too high, neglecting marketing, and ignoring maintenance requests can all contribute to longer vacancy periods.

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Landlord Rental Income Rental Unit Property Management 147

Buildium

JANUARY 21, 2025

This has put pressure on two other services to generate more revenue to make up for the income theyve lost: rent collection and maintenance. But rents can only be raised so high to cover increased costs when renters wage growth isnt keeping up. 41% will expand the services they provide.

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Property Management Property Manager Management Broker 130

Buildium

FEBRUARY 4, 2025

But when there is so much else to keep track ofmaintenance requests, rent collection, and the likeits easy to neglect your marketing and fall into some common marketing mistakes. Use email marketing to share new listings, maintenance tips, and community news. Ignoring SEO There are no two ways about it. Its how people recognize you.

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Property Management Property Manager Management Media 233

Bay Property Management Group

JANUARY 26, 2025

’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. As property management in Baltimore can tell you, renting out a property is a business. Rental income is the money you get by renting out your property. What is Considered Rental Income?

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Rental Income Landlord Utilities Insurance 130

Bay Property Management Group

MAY 9, 2025

Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits. Repairs and Maintenance: You can deduct ordinary repairs and maintenance, like fixing a leaky faucet or repainting, in the year you incur them.

Apartment 130

Apartment Maintenance Property Management Property Manager 130

Bay Property Management Group

APRIL 4, 2025

Ground leases let tenants develop land without owning it, offering benefits like lower upfront costs but posing risks such as rising rent and loss of improvements. Ground leases let tenants develop land without owning it, offering benefits like lower upfront costs but posing risks such as rising rent and loss of improvements.

Lease 130

Lease Landlord Tenant Finance 130

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. Main Takeaways The income verification process is a core part of finding qualified tenants who can pay the rent on time. A landlord’s top concern is finding tenants who they can rely on to pay the rent on time, every time. So, how do you make that happen?

Apartment 130

Apartment Landlord Tenant Rent 130

Buildium

MARCH 19, 2025

Managing rental properties involves more than just collecting rent and maintaining the property. These tools simplify everything from tracking rent payments to generating tax reports, which ultimately saves time and reduces errors. Rental property accounting software offers landlords a practical way to handle these financial tasks.

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Rental Property Landlord Property Utilities 130