Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent 130

Rent Landlord Tenant Lease 130

American Apartment Owners Association

DECEMBER 9, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Consulting a landlord-tenant lawyer ensures you follow the correct legal steps.

Tenant 220

Tenant Lease Landlord Lease Agreement 220

Lula

MARCH 13, 2024

A lease renewal is the process of establishing a new rental agreement with the current tenants. If the landlord or property manager is happy with the tenants and the tenants are happy with the home, it makes sense to re-up and keep the relationship going. What If You Don’t Want to Renew a Tenant’s Lease? Congratulations!

Lease 130

Lease Property Manager Property Management Landlord 130

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

DECEMBER 2, 2024

If you have an unresponsive landlord who’s not responding to your complaints, you have tools you can use to solve this challenge. Read below to learn when your landlord is liable for repairs, what you can do to keep them accountable, and more. How Long Can a Landlord Ignore You? When Does an Unresponsive Landlord Break the Law?

Landlord 147

Landlord Property Management Property Manager Tenant 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

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 Lease 130

American Apartment Owners Association

DECEMBER 20, 2024

Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space. Despite these rights, property managers may legally need to initiate eviction proceedings if a tenant continually violates their lease agreement.

Property Management 214

Property Management Property Manager Tenant Management 214

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

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

Compliance 130

Compliance Rent Landlord Lease Agreement 130

American Apartment Owners Association

DECEMBER 16, 2024

Understanding a lease violation is essential to managing lease violations effectively. When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. Lease terms must be reasonable, as unreasonable terms could create legal risks for property owners.

Lease 170

Lease Lease Agreement Attorney Maintenance 170

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. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

Tenant 244

Tenant Landlord Lease Applications 244

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. These tips will streamline your workflow.

Rent 130

Rent Tenant Landlord Property Management 130

Rental Choice

MAY 7, 2024

Landlords have numerous responsibilities when it comes to running a rental property. Why is it essential, and how can landlords deal with it? After all, you can’t rent out a dilapidated and unlivable property. Landlords are legally obligated to keep the property clean and habitable. Let’s find out.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Landlord 130

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

Florida Property Management

DECEMBER 18, 2020

A strong lease agreement is a landlord’s best tool when it comes to managing your tenant, your property, and your expectations. It’s important that you have a good lease, and it starts with a template that’s legally compliant and specific to Florida.

Lease Agreement 52

Lease Agreement Lease Landlord Rent 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. Urgent repairs, property damage, and late rent payments are a natural occurrence. You can be better equipped to deal with problems by being aware of the five most typical ones a new landlord encounters.

Landlord 130

Landlord Property Maintenance Property Management Property Manager 130

Bay Property Management Group

DECEMBER 5, 2024

Key Takeaways The penalties for breaking a lease can range from an early termination fee, payment of all remaining rent, forfeiture of your security deposit, getting sued, having bad references, and getting your rental and credit history docked down. What Are the Penalties for Breaking a Lease?

Lease 130

Lease Lease Agreement Landlord Applications 130

BiggerPockets

JUNE 16, 2021

The concept of being a landlord sounds simple enough: Purchase a property, find trustworthy tenants, sign a lease agreement, and sit back and watch the rent come in. Unfortunately, the […].

Landlord 90

Landlord Lease Agreement Tenant Lease 90

Bay Property Management Group

DECEMBER 8, 2024

Tenants should review their lease agreement for termination clauses and understand potential penalties, while landlords must adhere to local regulations when initiating a termination. Common Reasons for Lease Termination : Lease cancellations may arise from mutual agreement, tenant hardships (e.g.,

Lease 130

Lease Lease Agreement Landlord Tenant 130

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

JANUARY 14, 2025

When landlords or property managers check your credit report, they might not see an eviction listed directly. However, if you were evicted for not paying rent, it could show up in another way. Tips for Renting with an Eviction Record If you find your eviction record is less than ideal, dont panic sometimes, evictions happen unfairly.

Tenant 147

Tenant Landlord Property Management Property Manager 147

Bay Property Management Group

DECEMBER 24, 2024

Eviction can be a complicated and often stressful process, both for landlords and tenants. Top Reasons for Eviction Include Non-Payment and Lease Violations – Late rent, property misuse, and disruptive behavior are common causes. If the tenant obliges and pays the rent, then the eviction process is canceled.

Tenant 147

Tenant Landlord Lease Agreement Property Management 147

Bay Property Management Group

NOVEMBER 26, 2024

Whether your family is growing or you must relocate for work , you may have to break your lease early. While this is not ideal for landlords or property managers, you can do a few things to make the process easier. For instance, you can give proper notice and also find someone to take over your lease.

Lease 130

Lease Lease Agreement Property Management Property Manager 130

Bay Property Management Group

NOVEMBER 18, 2024

Table of Contents Tenant Rights and Responsibilities How Can You Break Your Lease (in Philadelphia and Elsewhere) FAQ For Landlords: Consider BMG for Your Property Management Needs Tenant Rights and Responsibilities The rights and responsibilities of tenants can vary between localities and states. Another thing to consider is timing.

Lease 130

Lease Lease Agreement Landlord Property Management 130

Beach Front Property Management

SEPTEMBER 19, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Consulting a landlord-tenant lawyer ensures you follow the correct legal steps.

Tenant 130

Tenant Landlord Lease Agreement Lease 130

American Apartment Owners Association

DECEMBER 9, 2024

These are the questions landlords are asking, and Freddie Mac is using its platform to find and promote the answers.” The initiative provides borrowers with a free year of the on-time rent payment service and has since been expanded to include six additional credit-building vendors. ” Need a Lease Agreement?

Lease 174

Lease Lease Agreement Apartment Rent 174

Bay Property Management Group

NOVEMBER 25, 2024

It is important to be transparent with the entire lease signing process. When we oversee Washington DC property management we are conscious of the questions tenants (and sometimes landlords) may have with the jargon that is used. The difference between lease vs. rental agreement is a good example of this.

Lease 147

Lease Landlord Property Management Property Manager 147

Genuine Property Management

SEPTEMBER 19, 2024

When you rent a home, it’s common to wonder who handles repairs and maintenance. The answer usually depends on the terms of your lease agreement and the type of repair in question. While every situation is different, property managers often play a key role in managing repairs.

Property Management 130

Property Management Property Manager Lease Agreement Management 130

Real Property Management Chicago

SEPTEMBER 13, 2024

However, don’t assume that a leased property is in good condition or that the tenants are reliable and pay rent on time. Rather, take the time to perform due diligence and ensure the leased property is a worthwhile investment. In some cases, the tenant agrees to end the lease upon the sale of the property, but this is rare.

Tenant 130

Tenant Lease Agreement Property Lease 130

Bay Property Management Group

JANUARY 16, 2025

Main Takeaways You can get an eviction off your record by reviewing your eviction record, understanding local laws, collecting evidence that the eviction was wrongfully done, raising a motion for sealing or expungement, and negotiating with your landlord. After all, most landlords conduct background checks that lay out your history.

IT 130

IT Landlord Property Management Property Manager 130

American Apartment Owners Association

DECEMBER 9, 2024

Landlords navigating the rental landscape understand the pivotal role that visibility plays in securing the right tenants. As property markets evolve, the competition for tenants becomes fiercer, making it essential for landlords to master the art of maximizing visibility for their rental property listings. Need a Lease Agreement?

Property Listing 201

Property Listing Rental Property Property Media 201

Florida Property Management

JANUARY 15, 2021

When you rent out your Boca Raton property, you expect your tenants to follow the terms of their lease agreement. This includes staying in place until the lease period ends. If your resident has to break the lease and move out earlier than expected, it creates a financial hardship for you, and a lot of stress.

Lease Agreement 52

Lease Agreement Lease Tenant Rent 52

Real Property Management Chicago

JUNE 14, 2024

Renting a new home in Palatine requires making a lot of important decisions. Pros and Cons of a Short-Term Rental A short-term rental involves a lease agreement of six months or fewer. One popular short-term rental is a month-to-month agreement , with monthly renewals. Yet, short-term leases have a few drawbacks.

Lease 130

Lease Lease Agreement Landlord Utilities 130

American Apartment Owners Association

JANUARY 9, 2025

This article will investigate the true value of property management software, including its uses and benefits for landlords of all sizes (financial and otherwise). Rental property management software is specialized software designed to help landlords and the people who work for them manage rental properties.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

Real Property Management Chicago

AUGUST 30, 2024

When considering renting your first apartment, it’s natural to feel both excited and nervous. By following these basic steps now, you could soon find and rent your first apartment like a pro. By following these basic steps now, you could soon find and rent your first apartment like a pro. Compute the exact dollar amount.

Apartment 130

Apartment Lease Agreement Utilities Rent 130

Real Property Management Chicago

FEBRUARY 17, 2023

Even if your landlord allows subletting, there are pros and cons that you need to consider before making a decision. In these situations, having a subletter help you pay your rent can be a huge financial benefit. Check with your landlord and local laws before you begin the subletting process.

Lease Agreement 130

Lease Agreement Insurance Apartment Lease 130