RL Property Management

MARCH 25, 2025

If youre a DIY landlord trying to save time or cut corners, heres some advice: DONT. Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. This is where many landlords slip. Then someone messages you.

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Lease Agreement Lease Landlord Property Management 59

Buildium

MARCH 19, 2025

If youre a landlord, understanding tax accounting for rental property is a surefire way to get save bookkeeping time while getting most return for your investment. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees.

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Rental Property Management Rental Property Property Management Property Manager 130

Bay Property Management Group

JANUARY 26, 2025

Many landlords ask, ‘is rental income taxable?’ In this article, we’ll cover the core tax tips every landlord should knowfrom what counts as rental income to how to track your expenses and deductions. So, not everything you receive as a landlord is taxedit depends on how you use it.

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Rental Income Landlord Insurance Utilities 130

Beach Front Property Management

SEPTEMBER 26, 2024

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. A lease ends after a specific term (usually a year).

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Lease Landlord Lease Agreement Insurance 130

Bay Property Management Group

NOVEMBER 25, 2024

There are so many types of leases. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. As dedicated property managers in Baltimore and surrounding areas, we deal with a lot of leases. Table of Contents What is a Gross Lease? Good question.

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Lease Insurance Commercial Property Utilities 147

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

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Lease Landlord Lease Agreement Property 52

Real Property Management Evertrust

NOVEMBER 7, 2024

Some may even prohibit what kinds of road salt or other deicing materials you can utilize on your walkways and driveways. Yet, for single-family rental homes, many owners and landlords can delegate the task of snow removal to the tenant. On the other hand, if you plan to provide snow removal, include it in the lease as well.

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Tenant Landlord Property Management Property Manager 228

American Apartment Owners Association

JANUARY 27, 2025

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Take out landlord insurance A landlord insurance policy is meant to protect you as an investment property owner while safeguarding your rental properties.

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Property Insurance Rental Income Real Estate 200

Bay Property Management Group

FEBRUARY 11, 2025

Understand the Lease Terms and Fees – A lease is a binding contract, so its crucial to clarify its terms. Ask about the lease duration, renewal process, rent amount, additional fees, and policies on subletting or early termination. Are Utilities Individually Metered? What Is the Lease Duration?

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Apartment Lease Insurance Rent 130

Rental Housing Journal

NOVEMBER 26, 2024

Ohio legislators are considering a bill to make tenants responsible for unpaid utility bills and other municipal bills, and to allow cities to collect unpaid bills directly from renters, according to reports. Mark Johnson (R-Chillicothe) said unpaid bills often fall on landlords rather than renters. “To

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Utilities Landlord Tenant Apartment 98

Esquire Property Management Group

FEBRUARY 13, 2025

Triple net NNN leases seem to be all the rage for real estate investors. Real estate investors exhibit significant interest in triple net leases for several reasons. The reality is clear: triple net leases are seldom as unequivocal as they first seem. What is a Triple Net Lease and Why are they Desirable?

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Lease Landlord Real Estate Tenant 64

Bay Property Management Group

APRIL 8, 2025

Not every rental situation comes with a formal lease. But it does raise a big question: What rights do tenants have without a lease? From understanding tenants at will to knowing how eviction protections and security deposits work, well walk you through the key rights every landlord should know even without anything in writing.

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Lease Tenant Landlord Property Management 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?

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Property Listing Rental Property Property Media 244

Bay Property Management Group

FEBRUARY 16, 2025

They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). It describes someone who leases out a property or asset to someone else.

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Lease Agreement Lease Insurance Tenant 130

Bay Property Management Group

MARCH 24, 2025

There are several business models investors can explore, including owner-operator, lease arbitrage, and management models. Unlike regular rentals, coliving usually comes with short-term lease options. The monthly rent often covers everything, like utilities, Wi-Fi, cleaning, and access to shared spaces. How Does Coliving Work?

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Bay Property Management Group

MARCH 25, 2025

As a landlord, your biggest priority is protecting your propertyand your income. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. A landlord’s top concern is finding tenants who they can rely on to pay the rent on time, every time.

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Apartment Landlord Tenant Rent 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.

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Lease Lease Agreement Property Management Property Manager 130

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.

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Lease Lease Agreement Landlord Applications 130

American Apartment Owners Association

SEPTEMBER 16, 2024

Negotiating rent prices can be tough for a landlord. As a landlord, you might be opposed to the idea at first. While at times it might be a landlords market, there are other times when the ball will be in the renters court. Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease.

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Lease Rent Landlord Rental Income 246

Bay Property Management Group

APRIL 2, 2025

Most landlords worry about chasing late rent, getting repairs done, or dealing with difficult tenants. Signs to Watch For : Look out for unexplained noises, unlocked doors or windows, personal items that dont belong, or unexpected spikes in utility bills. They might be secretly living there, even between leases. Absolutely.

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Real Estate Tenant Insurance Landlord 130

Esquire Property Management Group

FEBRUARY 10, 2025

The increased availability of sublease space has considerable ramifications for landlords as discussed below. Sublease opportunities frequently present reduced rates and pre-existing fit outs, rendering them appealing alternatives to direct leasing agreements.

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Commercial Property Lease Property Government 64

Bay Property Management Group

JANUARY 27, 2025

Luckily, while a high score is important, its not the only thing landlords look at. Let’s break down what landlords consider so you know what you need to do to pass their sniff test. As a rule, the higher your score, the more landlords trust you to handle your money responsibly. What Is a Credit Score?

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Rent Landlord Applications Applicants 130

Bay Property Management Group

MARCH 6, 2025

Vacancy loss is themoney a landlord loses when rental units remain unoccupied. Lost Income Even if no one is living in the unit, you still have to pay for things like maintenance, property taxes, and utilities. For example, you could offer competitive pricing, attractive lease terms, or unique features.

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IT Property Management Property Manager Tenant 130

Muldoon Associates

FEBRUARY 6, 2025

What does it take to become a stress-free landlord? How can you not feel a little bit stressed when youre leasing, managing, and maintaining a Colorado Springs rental property ? You can utilize any number of automation tools that are out there specifically for listing rental properties. Maybe it seems impossible.

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Rental Property Landlord Lease Agreement Property 52

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.

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Landlord Lease Agreement Maintenance Tenant 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? Landlords are legally obligated to keep the property clean and habitable. Often, landlords outline the tenant’s maintenance responsibilities in the lease.

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Property Maintenance Maintenance Rental Property Landlord 130

Bay Property Management Group

MARCH 14, 2025

As a landlord, this gives you the opportunity to adjust rental prices in line with inflation, helping you maintain a steady income stream. To avoid this, try flexible lease options or small, gradual rent increases instead of big jumps. This could result in vacant units and added financial pressure, which no landlord wants to deal with.

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Rental Property Property Property Management Property Manager 130

Bay Property Management Group

JANUARY 20, 2025

Separate Utilities: Many times, each unit can have its own utility meters for water, electricity, and gas. Since each unit has separate utilities, tenants are only responsible for paying for their own usage. These include your mortgage, property taxes, utilities, maintenance, etc. The post What is a Duplex?:

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Real Estate Single-Family Home Regulation Utilities 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.

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Tenant Property Management Property Manager Lease 246

Rental Choice

JUNE 13, 2024

A landlord’s primary responsibility is to ensure their rental property remains safe, comfortable, and appealing to tenants. Here are the most important parts of summer maintenance for landlords. Here are the most important parts of summer maintenance for landlords. Plant native plants that are more resistant to pests.

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Maintenance Landlord Property Maintenance Tenant 130

Bay Property Management Group

DECEMBER 1, 2024

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.

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Rent Landlord Property Management Property Manager 147

Real Property Management Chicago

JUNE 14, 2024

Pros and Cons of a Short-Term Rental A short-term rental involves a lease agreement of six months or fewer. For renters needing flexibility, a short-term lease might be perfect. There is a greater likelihood that short-term rentals will include internet service and utilities, though amenities differ.

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Lease Lease Agreement Landlord Utilities 130

American Apartment Owners Association

JANUARY 29, 2025

Why Rental Property Accounting Software is Important for Landlords Before you can understand why real estate accounting software is important, you must first understand what it is. But which option is the best landlord accounting software for you? So, what is property management accounting software and why should you use it?

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Landlord Property Management Software Finance Property Management 100

Florida Property Management

AUGUST 28, 2020

Florida rental properties are all different, and landlords are free to decide whether they will pay for the utilities in an investment home or whether their tenants will be responsible for those costs. Landlords in Florida are under no obligation to provide free cable or internet to their tenants.

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Utilities Single-Family Home Landlord Lease Agreement 52

Bay Property Management Group

DECEMBER 30, 2024

we recommend you consider the pros and cons of being a landlord before you learn how to rent out your house in the first place. Heres some of the main landlord-tenant laws you need to keep in mind : Maintenance: You are legally obligated to keep your rental property habitable. Lease Agreement: You also should create a lease agreement.

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Rent Lease Agreement Lease Landlord 147

Bay Property Management Group

JANUARY 7, 2025

By renting out a room, you can help cover your mortgage, property taxes, utility bills, and more. Needless to say, this can help you cover expenses like mortgage payments, utility bills, groceries, or even savings for future goals. So, you can adjust your lease to fit tenants with different needs. Lets explore the pros and cons.

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Rent Lease Tenant Lease Agreement 147

American Apartment Owners Association

SEPTEMBER 19, 2024

Theres only one way to find out the answer to these very important questions: the AAOA Landlord Verification. This application contains spaces for three past landlords and their contact information, dates of occupancy, monthly rent and reason for moving. What can be learned from a Landlord Verification? Did they keep it clean?

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Applications Applicants Landlord Tenant 130