Remove Landlord Remove Lease Remove Rental Unit
article thumbnail

Fire insurance 101: What landlords & property managers need to know

Buildium

But are landlord and renters insurance the only options out there? What happens if your owner needs coverage for their rental units, but not for the possessions inside? Or what if they want a little extra coverage outside of typical landlord policies? What Is Dwelling Fire Insurance for Rental Properties?

Insurance 246
article thumbnail

How to Keep Your Tenants Safe

American Apartment Owners Association

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?

Tenant 244
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Occupancy Limits and Fair Housing Compliance

American Apartment Owners Association

The Importance of Occupancy Limits Occupancy limits are established to maintain safety standards and prevent overcrowding in rental units. Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease. Can Occupancy Limits Be Enforced? Can Residents Request a Reasonable Accommodation?

article thumbnail

Renting to College Students – Lease Agreement Terms & Tips

Bay Property Management Group

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? After all, when renting to college students lease agreements should take into consideration the unique situation that comes with university living.

article thumbnail

Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

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
article thumbnail

Tips to Minimize Tenant Turnover

American Apartment Owners Association

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Offer a range of flexible lease options to cater to diverse resident needs.

Tenant 234
article thumbnail

What to Do If You’re Facing a Rent Increase

Bay Property Management Group

While they’re unpleasant for tenants, they’re necessary for landlords who must pay for the rising maintenance costs, taxes, and utilities. First, know when your landlord is allowed to increase rates. Contents of This Article: How Often Can Your Landlord Increase Rent? Rent increases are pretty much unavoidable.

Rent 147