Bay Property Management Group

JANUARY 7, 2025

If you need extra income, renting out a spare room can be a great solution. By renting out a room, you can help cover your mortgage, property taxes, utility bills, and more. To make the right decision, establish clear rules for renting a room in your house. However, its not as simple as it looks. Lets explore the pros and cons.

Rent 147

Rent Lease Tenant Lease Agreement 147

Bay Property Management Group

NOVEMBER 19, 2024

There is a big demographic that many people come across when renting housing: college students. As a landlord or owner, what are the considerations when renting to college students, lease agreement addendums and terms to consider, and general ramifications of renting to this group? In some areas, that demo can be quite large.

Lease Agreement 147

Lease Agreement Lease Rent Property Management 147

Bay Property Management Group

DECEMBER 1, 2024

Rent increases are pretty much unavoidable. So, if you’re facing a rent increase, there are a few things to remember. Contents of This Article: How Often Can Your Landlord Increase Rent? Washington, DC, property managers know that rent increases are essential to the rental process. Here are a few tips to consider.

Rent 147

Rent Landlord Property Management Property Manager 147

Rental Choice

DECEMBER 31, 2024

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent.

Landlord 130

Landlord Rent Lease Agreement Tenant 130

Bay Property Management Group

DECEMBER 9, 2024

Timing is everything when it comes to renting an apartment. Since rent prices typically rise and fall in predictable seasonal patterns, knowing the best time to find an apartment could save you money and unlock better options. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

Apartment 147

Apartment Rent Regulation Lease 147

American Apartment Owners Association

DECEMBER 2, 2024

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Critics, however, argue that targeting rent algorithms is a distraction from the root cause of rising housing costs: a lack of supply. They’re here.”

Rent 130

Rent Attorney Applications Applicants 130

American Apartment Owners Association

SEPTEMBER 5, 2024

One of the biggest headaches landlords face is making sure rent is collected on time, every time. An efficient rent collection process helps ensure the money comes in while maintaining a positive relationship with your tenants, reducing stress and saving you time and money. Popular options include Cozy, Rentec Direct, and Buildium.

Rent 130

Rent Tenant Landlord Property Management 130

Bay Property Management Group

JANUARY 16, 2025

Eviction records can become a huge roadblock when looking to rent a new place, trying to secure a loan, or even trying to rebuild after a tragedy. Makes it Hard to Rent a House Eviction records matter since many landlords will be concerned about accepting you as a tenant. Many feel frustration, fear, or utter hopelessness.

IT 130

IT Landlord Property Management Property Manager 130

Answer Tenant

SEPTEMBER 16, 2024

In the course of […] The post A Property Management Virtual Assistant Manages Tasks from Tenant Screening to Rent Collection. Would you like to have more time to work on expanding an assortment and increasing your income? Thus, it is clear that the need for a Property Management Virtual Assistant is the solution for your needs.

Property Management 158

Property Management Property Manager Tenant Management 158

American Apartment Owners Association

DECEMBER 2, 2024

Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

Rent 130

Rent Landlord Property Maintenance IT 130

Rental Choice

OCTOBER 22, 2024

Cash is a popular way to collect rent in the United States. What other rent payment methods should landlords consider? Why Offer Other Rent Payment Methods? Offering various landlord rent payment methods provides many benefits for both the landlord and tenant. Renters may easily default on the payment.

Landlord 130

Landlord Apartment Tenant Rent 130

Beach Front Property Management

SEPTEMBER 25, 2024

Timely rent payments and an efficient collection system are essential to a successful rental property. With advancements in rental technology, offering online rent collection has become easier than ever. Discover the benefits and resources available for setting up an efficient online rent collection system.

Rent 130

Rent Property Management Property Manager Property Management Software 130

Rental Housing Journal

JANUARY 14, 2025

Zillow predicts in 2025 that rent concessions will decline and more rental properties will become pet-friendly. Apartment renters enjoyed a relatively friendly market in 2024, at least compared to the record rent growth seen in 2022, Zillow said in the report. That is a solid and manageable number.

Rent 104

Rent Apartment Property Management Property Manager 104

Real Property Management Chicago

APRIL 4, 2024

Developing a dependable rent collection plan is imperative for rental property owners. In addition to setting the right rental price, managing rent payments stands as a key decision for property owners. With an effective rent collection strategy and prior preparation, you can prompt your tenants to submit their payments promptly.

Rent 130

Rent Property Management Property Manager Lease Agreement 130

Osprey Property Management

JANUARY 2, 2025

Renting out property can be profitable, but it carries certain risks that traditional homeowners' insurance might not cover. This specialized kind of policy is tailored to protect property owners who rent out one or more residential homes, apartments, or condos. That's where landlord insurance comes into play.

Insurance 235

Insurance Landlord Apartment Rent 235

Genuine Property Management

FEBRUARY 22, 2024

It’s important […] The post What to Look for When Touring a House for Rent appeared first on Welcome to Genuine Property Management. It’s important […] The post What to Look for When Touring a House for Rent appeared first on Welcome to Genuine Property Management.

Rent 130

Rent Utilities Property Management Property Manager 130

Bay Property Management Group

DECEMBER 10, 2024

Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. Instead, value addition is the best strategy to increase rental income since it allows you to improve your property and services without simply raising rent. Boosting rental revenue doesnt always require raising rents.

Rental Income 130

Rental Income Rent Multi-Family Building Landlord 130

Beach Front Property Management

OCTOBER 23, 2024

Two popular options are flipping houses and renting out properties. What is Renting? Renting, or the buy-and-hold strategy involves leasing a property to residents in exchange for monthly payments. With a structured approach, renting remains a viable long-term investment strategy. What is House Flipping?

Real Estate 130

Real Estate Rent Contractors Property Management 130

Real Property Management Evertrust

SEPTEMBER 19, 2024

But renting an apartment during this chilly season comes with its own set of challenges and considerations. Some rentals might include heat in the rent, but many do not. If you don’t own a car, you’ll want to rent in a location close to public transportation or your workplace.

Apartment 130

Apartment Rent Transportation Lease 130

Rental Choice

NOVEMBER 28, 2024

A lease renewal is a common part of renting. Common adjustments include rent increases, payment schedule changes, and amendments to the rules. In this case, the terms and conditions of the original lease remain the same, including the rent and duration. It offers tenants and landlords a chance to continue the tenancy.

Lease 246

Lease Landlord Tenant Rent 246

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. As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends.

Attorney 281

Attorney Property Management Property Manager Landlord 281

American Apartment Owners Association

SEPTEMBER 16, 2024

Negotiating rent prices can be tough for a landlord. Whether negotiating with tenured residents or prospective renters, you should always be open to discussing rent prices. When to Consider Negotiating Rent When a renter asks to negotiate rent, its normal to have a knee-jerk reaction. Need a Lease Agreement?

Lease 231

Lease Rent Landlord Rental Income 231

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? What is included in a rental application?

Applications 246

Applications Applicants Lease Agreement Landlord 246

Rental Housing Journal

NOVEMBER 20, 2024

Multifamily and single-family rents fell in October as supply growth continues to delineate the direction of rents by metro, Yardi Matrix says In the Multifamily October Report. “At At the same time, the drop in starts presages another wave of rent growth in 2026 and beyond. Year-over-year growth, 0.9% since January.

Rent 98

Rent Apartment Insurance Rental Property 98

American Apartment Owners Association

DECEMBER 9, 2024

Whether youre selling the property or dealing with unpaid rent, its essential for the tenant to move on. Consider Adjusting the Rent Raising the rent can be a strategic way to encourage problematic tenants to move out. Remember to check local regulations regarding rent increases and communicate openly with tenants.

Tenant 220

Tenant Lease Landlord Lease Agreement 220

Real Property Management DC Metro

SEPTEMBER 27, 2024

The fact of the matter is that numerous people are making a choice to rent over buying a home, typicaly because it better fits their personal or financial situation. To profit from the number of renters in the market at the moment, it’s key to take into account why so many people find it wiser to rent instead of buy.

Rent 89

Rent Property Management Property Manager Lease 89

Landlord Vision

NOVEMBER 28, 2024

During its election campaign, Labour promised significant changes to the private rented sector (PRS), and now these changes are poised to come into effect under the new Renters’ Rights Bill, which replaces the Conservatives’ Renters’ Reform Bill. On 4 July 2024, the UK elected a new Labour government led by Sir Keir Starmer.

Landlord 105

Landlord Tenant IT Government 105

Rental Choice

SEPTEMBER 25, 2024

Landlords often screen potential tenants before they rent out property. While high credit scores are preferable for most landlords, tenants do not need an unreasonably high score just to rent a property. Debts might hinder the tenant’s ability to pay rent every month, resulting in late or delinquent payments.

Landlord 246

Landlord Tenant Rental Property Rental Property Management 246

American Apartment Owners Association

DECEMBER 16, 2024

Security deposit Tenants typically provide a security deposit upfront, which serves as a form of financial security for the landlord in case of unpaid rent or damages. Rental payment Tenants are responsible for paying rent on time and in full, while landlords are responsible for providing a habitable living space in return.

Landlord 246

Landlord Lease Agreement Tenant Lease 246

Buildium

DECEMBER 30, 2024

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. If you rent equipment or vehicles, the rent you pay is fully deductible. If you rent equipment or vehicles, the rent you pay is fully deductible. Tax time isnt a once-a-year thing.

Property Manager 245

Property Manager Property Management Management Property 245

Fourandhalf

JANUARY 16, 2025

When someone who has just inherited a home needs help renting that home out, theyre not going to go online and search for a property management company. Instead, theyre going to go online and search how to find a tenant or how much rent to charge. How do you drive more leads into your company? The big catchphrase now is AI.

Property Management 222

Property Management Property Manager Management Property 222

Property Management Inc.

NOVEMBER 26, 2024

October 9, 2018 Maintaining a reliable cash flow is key to obtaining maximum profit for rental property owners and the greatest factor in reliable cash flow is the ability to consistently collect rent on time. Reliable rent collection doesn’t end with signing a reliable tenant.

Property Management 98

Property Management Property Manager Rent Management 98

BetterWho

SEPTEMBER 21, 2024

You’re not only looking at lost rent for every month your property is empty. Leverage Technology: Use tenant portals for a smoother management experience, allowing tenants to easily pay rent and request services. These include verifying employment, checking income stability, and making sure they can consistently pay rent.

Property Manager 233

Property Manager Property Management Tenant Management 233

SparkRental

NOVEMBER 22, 2024

Investors looking for cities with the best price-to-rent ratio should pay close attention to local market dynamics. by population, mapped with their GRM, median rent, and median home price. What Is GRM (Gross Rent Multiplier) Gross rent multiplier is one of those real estate terms that sounds more complicated than it is.

Real Estate 98

Real Estate Rent Rental Income Single-Family Home 98

American Apartment Owners Association

DECEMBER 16, 2024

Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial. With renting being 40% cheaper than owning on average, ensure your pricing remains attractive. Offer a range of flexible lease options to cater to diverse resident needs.

Tenant 234

Tenant Lease Property Management Property Manager 234

BiggerPockets

JULY 26, 2024

Renting has its horror stories, and sometimes it gets out of control. Jeff gives us an inside look at what happened when one of his tenants rented out his property without him knowing, plus stories from other landlords.

Tenant 92

Tenant Apartment IT Airbnb 92

Buildium

DECEMBER 17, 2024

For example, you can deduct the rent and utilities you spend for an outside office or other workspace. For example, you can deduct the rent and utilities you spend for an outside office or other workspace. Deductions on Rent for Equipment and Tools Many businesspeople dont buy expensive equipment or vehiclesthey rent them instead.

Property Manager 246

Property Manager Property Management Management Property 246