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.

Rental Income 130

Rental Income Landlord Insurance Utilities 130

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 is common for landlords, as rental income often isn’t subject to withholding.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

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. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property 200

Property Insurance Rental Income Real Estate 200

Rental Choice

MAY 7, 2024

Landlords have numerous responsibilities when it comes to running a rental property. One of the most important is rental property maintenance. Why is it essential, and how can landlords deal with it? Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Landlord 130

Buildium

APRIL 3, 2025

75% of renters say they would like an online portal for tasks like making payments and submitting maintenance requests. Beyond just seeing the current rental amount, they want to see utility information and information on any supplemental fees, such as pet fees. Younger renters are most interested in a portal.

Lease 223

Lease Property Management Property Manager Management 223

Rental Choice

SEPTEMBER 25, 2024

Credit checks are handy screening tools that provide landlords with more insight into the tenant’s financial history and responsibility. What does a landlord look for in a credit check? It can provide landlords with an in-depth understanding of the tenant’s financial health. Let’s find out.

Landlord 246

Landlord Tenant Rental Property Rental Property Management 246

Rental Choice

JUNE 13, 2024

A landlord’s primary responsibility is to ensure their rental property remains safe, comfortable, and appealing to tenants. For this reason, it’s essential to conduct proper maintenance whenever the seasons change. Here are the most important parts of summer maintenance for landlords.

Maintenance 130

Maintenance Landlord Property Maintenance Tenant 130

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. For instance, multi-family property owners are often responsible for snow removal.

Tenant 228

Tenant Landlord Property Management Property Manager 228

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. To avoid this, landlords should focus on regular maintenance, repairs, and needed updates.

IT 130

IT Property Management Property Manager Tenant 130

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.

Apartment 130

Apartment Landlord Tenant Rent 130

Bay Property Management Group

FEBRUARY 11, 2025

Key questions should focus on maintenance policies, guest parking options, safety measures, and the building’s history to ensure there are no surprises after moving in. How Are Maintenance Requests Handled? Therefore, its important to understand to what extent you could be charged for maintenance.

Apartment 130

Apartment Lease Insurance Rent 130

Real Property Management Chicago

JULY 27, 2023

In the world of rental properties, numerous maintenance responsibilities fall under the purview of either the landlord or the tenant. For a variety of reasons, including clarity, responsibility, and safety, lease agreements must specify tenant and landlord maintenance obligations.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

Real Property Management Evertrust

SEPTEMBER 27, 2024

Maintaining your rental residence may seem minor, but regular maintenance can save you from costly repairs and foster a positive relationship with your landlord. In this blog post, we will explore ten essential small maintenance tasks every renter should tackle to keep their home in good condition. Basic Appliance Maintenance.

Maintenance 147

Maintenance Property Management Property Manager Landlord 147

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. Repairs and Maintenance. A lease ends after a specific term (usually a year).

Lease 130

Lease Landlord Lease Agreement Insurance 130

RL Property Management

MARCH 25, 2025

If youre a DIY landlord trying to save time or cut corners, heres some advice: DONT. This article focuses on the real-world consequences of 4 common landlord mistakes, so YOU can avoid rental management nightmares and protect your investment. This is where many landlords slip. Then someone messages you. Feels like a win, right?

Lease Agreement 59

Lease Agreement Lease Landlord Property Management 59

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. Possible Downsides Higher Maintenance Costs: Inflation makes repairs and upkeep more expensive since labor and materials cost more. Let’s break it down.

Rental Property 130

Rental Property Property Property Management Property Manager 130

Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

Maintenance 130

Maintenance Rental Property Single-Family Home Property 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?:

Real Estate 130

Real Estate Single-Family Home Regulation Utilities 130

Bay Property Management Group

FEBRUARY 16, 2025

For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). For example, the lessor could be a landlord renting out an apartment, a tenant subletting their rental, a business leasing out office space, or even someone renting out equipment. utilities).

Lease Agreement 130

Lease Agreement Lease Insurance Tenant 130

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. Surprisingly, some landlords have found phroggers on their premises.

Real Estate 130

Real Estate Tenant Insurance Landlord 130

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 Maintenance 130

American Apartment Owners Association

OCTOBER 10, 2024

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

Landlord 130

Landlord Insurance Real Estate Management Real Estate Management 130

American Apartment Owners Association

OCTOBER 10, 2024

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

Landlord 130

Landlord Insurance Real Estate Management Real Estate Management 130

Muldoon Associates

FEBRUARY 6, 2025

What does it take to become a stress-free landlord? After all, theres rent to collect and vacancies to fill and preventative maintenance services to schedule. You can utilize any number of automation tools that are out there specifically for listing rental properties. Maybe it seems impossible. It doesnt have to be this way.

Rental Property 52

Rental Property Landlord Lease Agreement Property 52

Bay Property Management Group

FEBRUARY 26, 2025

Thats why many landlords balance hands-on work with outsourcing to maximize tax benefits. Repairs and Maintenance Costs While you cannot deduct your own labor, as we covered, you can deduct the cost of materials and any hired labor for property repairs, painting, plumbing fixes, and more. That said, your efforts arent wasted.

Rental Property 130

Rental Property Property Contractors Property Management 130

Bay Property Management Group

MARCH 3, 2025

The savviest landlords and property managers in Baltimore use NOI to assess a property’s financial health and find ways to improve its value over time. Other Fees These could be storage rentals, late payment fees, or even shared utilities. Repairs & Maintenance Keeping the place in good shape costs money.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

MRI Software

FEBRUARY 11, 2025

They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. They allow landlords to identify discrepancies in rent payments, lease terms, or operational policies that could lead to financial risks. What is the purpose of lease audits?

Lease 52

Lease Landlord Lease Agreement Property 52

American Apartment Owners Association

DECEMBER 9, 2024

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Manage maintenance costs proactively. Another important element of due diligence is evaluating theproperty’s maintenance and legal compliance. Ensure legal compliance to mitigate risks.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

Rental Choice

NOVEMBER 28, 2024

It offers tenants and landlords a chance to continue the tenancy. A lease renewal is an agreement between the tenant and the landlord to renew the lease. Upon lease renewal, tenants and landlords get a chance to make adjustments. Landlords and tenants typically prefer this option to keep things simple.

Lease 246

Lease Landlord Tenant Rent 246

Bay Property Management Group

DECEMBER 4, 2024

1 – Become Social Media Savvy 2 – Learn How to Run Ads 3 – Post and Improve Rental Listings 4 – Learn SEO 5 – Utilize Video and Youtube 6 – Setup Google My Business Or Just Hire a Property Management Company! Let’s dive into some of our best tips.

Apartment 147

Apartment Landlord Media Engineering 147

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?

Landlord 100

Landlord Property Management Software Finance Property Management 100

Esquire Property Management Group

FEBRUARY 13, 2025

The “passive” income strategy enables the acquisition of lucrative commercial real estate without confronting the complexities associated with property maintenance and management. Example One: a lease is promoted as triple net because the tenant is responsible for doing common area maintenance on the property.

Lease 64

Lease Landlord Real Estate Tenant 64

Authority Property Management

DECEMBER 13, 2024

Whether you're a landlord or a tenant, taking proactive steps to winterize your property can significantly improve comfort, safety, and energy efficiency. For Landlords: Heating System Inspection: Schedule a professional inspection and tune-up of your heating system (furnace, boiler, heat pump) before the first cold snap.

Rental Property 98

Rental Property Landlord Tenant Property 98

Bay Property Management Group

NOVEMBER 25, 2024

The fee includes all of the costs associated with property ownership – taxes, insurance, utilities – so in that way, it is intended to be “all-inclusive”… it simplifies things for tenants in many ways. It is a lease in which the tenant agrees to pay the property owner a flat rental fee.

Lease 147

Lease Insurance Commercial Property Utilities 147

American Apartment Owners Association

SEPTEMBER 30, 2024

To learn more about how Livable can help you offset your rising utility costs, schedule a discovery call and let’s calculate your savings! By investing in these essential maintenance tasks, youll not only enhance tenant comfort but also protect your investment. Winter is comingare your properties ready?

Tenant 189

Tenant Utilities Maintenance Rental Property 189

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.

Rent 147

Rent Landlord Property Management Property Manager 147

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. Utilize GenAI to understand context and sentiment in communications, enabling more nuanced and personalized interactions. Proactively gather feedback to refine your approach.

Tenant 246

Tenant Property Management Property Manager Lease 246