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Landlord vs Property Manager: Key Differences Explained

Bay Property Management Group

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?

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Understanding Tenant Rights and Responsibilities: A Guide for Property Managers

American Apartment Owners Association

Fundamentals of Tenant’s Rights An essential tenant-right is privacy. Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space. Tenant’s Responsibilities Tenants have obligations to uphold in addition to their rights.

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Guide to Rental Bookkeeping

ADDA

This includes rent collection, expenses like maintenance and repairs, utility bills, mortgage payments, and any other costs related to the management of rental properties. This includes not only the monthly rent payments but also any additional income from sources such as parking fees, late fees, or maintenance charges.

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The Return of the Accidental Landlord in 2024

Authority Property Management

Accidental Landlords are back The housing market in Redding, CA , and across the U.S. All of this means one thing: the accidental landlord is making a comeback. If you’re unfamiliar, an "accidental landlord" describes property owners who rent out their homes because of life changes rather than a planned investment strategy.

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Tenant default insurance for landlords: Safeguarding your rental income

MRI Software

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. What is tenant default insurance? Imagine owning multiple properties and suddenly losing a tenant in one.

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Essential Tips for Being a Good Landlord

Real Property Management California Coast

Becoming a landlord is possible for anyone. Nonetheless, becoming an exemplary landlord necessitates effort and understanding. This is the prime time to start developing better habits, whether you’re a novice or veteran in rental property ownership, that highlight what makes a good landlord stand out.

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What is a corporate lease for residential properties? Insights for landlords and property managers

MRI Software

Corporate leases are becoming an increasingly popular option for landlords seeking stable and reliable tenants. For landlords and property managers, understanding corporate leases can help optimize rental strategies and reduce vacancy rates. We’ll also discuss the many benefits they offer to both landlords and businesses.