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

NOVEMBER 25, 2024

Entering into a lease is always a time to take a pause and think about what you are doing. Wait, I thought I was signing a lease? What is the difference between a lease and a rental agreement? What is the difference between a lease and a rental agreement? What is the Difference Between a Lease and a Rental Agreement?

Lease 147

Lease Landlord Property Management Property Manager 147

Bay Property Management Group

JANUARY 12, 2025

With rental arbitrage, tenants rent from your property in the long-term and sublet it to short-term renters through Airbnb, VRBO, and other platforms. Rental arbitrage is a business approach where individuals get long-term rental leases and then sublet the rental to others for short-term intervals. This sounds simple enough, right?

Landlord 147

Landlord Lease Agreement Insurance Lease 147

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

Bay Property Management Group

DECEMBER 30, 2024

Considering renting out your house? Read on to understand the process of renting out your house and avoid potential hiccups. Read on to understand the process of renting out your house and avoid potential hiccups. Renting out your house can give you several benefits. There are many reasons you could be here.

Rent 147

Rent Lease Agreement Lease Landlord 147

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

Bay Property Management Group

DECEMBER 1, 2024

Rent increases are pretty much unavoidable. While they’re unpleasant for tenants, they’re necessary for landlords who must pay for the rising maintenance costs, taxes, and utilities. So, if you’re facing a rent increase, there are a few things to remember. First, know when your landlord is allowed to increase rates.

Rent 147

Rent Landlord Property Management Property Manager 147

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. Offering to help make their move easier boosts the likelihood of agreeing to a shorter lease term.

Tenant 220

Tenant Lease Landlord Lease Agreement 220

Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

Lease 130

Lease Lease Agreement Landlord Tenant 130

Bay Property Management Group

NOVEMBER 18, 2024

There are all kinds of reasons why someone would need to break their lease. How can you break your lease without penalty? For example, you can find the Consumer Guide to Tenant and Landlord Rights from the Pennsylvania Attorney General a helpful guide for those in Philadelphia and nearby. Life gets in the way, right?

Lease 130

Lease Lease Agreement Landlord Property Management 130

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. Current and previous addresses and landlord contact information.

Applications 246

Applications Applicants Lease Agreement Landlord 246

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. So, you can adjust your lease to fit tenants with different needs.

Rent 147

Rent Lease Tenant Lease Agreement 147

Bay Property Management Group

DECEMBER 5, 2024

Unfortunately, you may face penalties for breaking a lease. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. What Are the Penalties for Breaking a Lease? Commonly, landlords ask for around 2 months of rent.

Lease 130

Lease Lease Agreement Landlord Applications 130

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. Generally speaking, yes.

Lease 130

Lease Lease Agreement Property Management Property Manager 130

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

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

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

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

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

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

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

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. In 2019, both California and Oregon signed statewide rent control laws.

Rent 130

Rent Rental Unit Landlord Regulation 130

Bay Property Management Group

DECEMBER 10, 2024

As a landlord, finding ways to boost rental revenue is always a top priority. Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. These improvements increase desirability, making your rental more attractive and increasing its chances of being rented quickly.

Rental Income 130

Rental Income Rent Multi-Family Building Landlord 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. Before signing a lease, make sure to ask about the heating system and who is responsible for paying the heating bills. Some rentals might include heat in the rent, but many do not.

Apartment 130

Apartment Rent Transportation Lease 130

American Apartment Owners Association

NOVEMBER 27, 2024

A Seattle landlord has sued the City of Seattle alleging a number of laws passed in the name of tenant protections in the last few years have financially strapped his affordable housing units, according to the Seattle Times. The suit claims this is a “taking” of the landlord’s property.

Landlord 130

Landlord Tenant Government Regulation 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

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. VIEW FREE FORMS RealPage denies these allegations, claiming landlords using its software aren’t compelled to follow pricing recommendations.

Rent 130

Rent Attorney Applications Applicants 130

American Apartment Owners Association

DECEMBER 16, 2024

For property management companies and landlords, focusing on tenant retention is not just a smart business move it’s essential for long-term success. Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial.

Tenant 234

Tenant Lease Property Management Property Manager 234

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. Griswold and Laurence C. It’s a win-win!

Property Management 147

Property Management Property Manager Landlord Management 147

American Apartment Owners Association

NOVEMBER 25, 2024

What would your current or prospective renters say if you asked for their thoughts on your rent prices? You’d hope that renters believe your rents match the value and lifestyle your apartment community offers and your staff agrees. 1: Following competitors’ rent prices. Mistake No.

Apartment 130

Apartment Rent IT Lease 130

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

Florida Property Management

SEPTEMBER 13, 2024

This is a subtitle for your new post As a landlord, one of the most critical decisions you’ll face is whether to lease out a property that is currently occupied or one that is vacant and ready for new tenants. Complicated Lease Transitions: The transition from one tenant to another can be more complicated with an occupied property.

Lease 64

Lease Rent Landlord Property 64

Bay Property Management Group

JANUARY 9, 2025

You Need the Following… Proof of Identity Income Verification Credit History and Score Rental History Security Deposit First and Last Months Rent Application Fees Personal References Background and Credit Checks Proof of Identity Property managers in Philadelphia typically require tenants to go through an approval process.

Apartment 147

Apartment Applications Applicants Landlord 147

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

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

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

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