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. After all, youre managing tenants, maintaining the property, and, of course, getting income.

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. Rental income includes all the payments you receive from tenants. 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 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 130

Landlord Property Management Software Finance Property Management 130

Real Property Management Evertrust

NOVEMBER 7, 2024

Who is responsible for this task – you or your tenant?  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.

Tenant 228

Tenant Landlord Property Management Property Manager 228

Buildium

APRIL 3, 2025

From renters wanting to embrace technology throughout their property search and leasing process to property managers finding ways to increase tenant retention in light of renters dwindling financial health, this post will provide key insights on what you can do to keep growing. Allow prospective tenants to apply online directly from listings.

Lease 223

Lease Property Management Property Manager Management 223

American Apartment Owners Association

JANUARY 27, 2025

These factors can affect a propertys value and its appeal to tenants. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. That means that if one tenant moves out, you will still receive income from the other tenants.

Property 200

Property Insurance Rental Income Real Estate 200

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? Should tenants have a certain credit score or history to find a place? What Does a Landlord Look for in a Credit Check?

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Landlord Tenant Rental Property Rental Property Management 246

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

Utilities 98

Utilities Landlord Tenant Apartment 98

Bay Property Management Group

MARCH 25, 2025

As a landlord, your biggest priority is protecting your propertyand your income. Renting to tenants who can reliably pay on time, every time. Verifying income helps you find tenants who are financially stable and trustworthy. And the best way you can figure that out is verifying your prospective tenants’ income.

Apartment 130

Apartment Landlord Tenant Rent 130

American Apartment Owners Association

DECEMBER 16, 2024

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

Tenant 246

Tenant Property Management Property Manager Lease 246

Bay Property Management Group

MARCH 6, 2025

Vacancy loss is themoney a landlord loses when rental units remain unoccupied. It can make your property less valuable, increase your expenses, and make it harder to attract tenants. Lost Income Even if no one is living in the unit, you still have to pay for things like maintenance, property taxes, and utilities.

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IT Property Management Property Manager Tenant 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.

Property Listing 244

Property Listing Rental Property Property Media 244

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. But what if someone was living in your property without you even knowing?

Real Estate 130

Real Estate Tenant Insurance Landlord 130

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?

Rent 130

Rent Landlord Applications Applicants 130

Bay Property Management Group

MARCH 24, 2025

Tenants get their own private bedroom, often with its own bathroom. The monthly rent often covers everything, like utilities, Wi-Fi, cleaning, and access to shared spaces. For instance, they handle marketing, tenant management, utilities, and upkeep. How Does Coliving Work? They’re a one-stop-shop.

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Rental Choice

NOVEMBER 28, 2024

It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. A lease renewal is an agreement between the tenant and the landlord to renew the lease. A lease renewal is a common part of renting.

Lease 246

Lease Landlord Tenant Rent 246

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

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. So, you can get more square footage, and more tenants to rent from, for a potentially lower price.

Real Estate 130

Real Estate Single-Family Home Regulation Utilities 130

Bay Property Management Group

FEBRUARY 11, 2025

Know Whats Included in Your Rent – Clarify whether utilities like water, electricity, gas, and internet are included in the rent or if they need to be paid separately. Are Utilities Individually Metered? Its important to know whether utilities like water, electricity, and gas are individually metered or included in your rent.

Apartment 130

Apartment Lease Insurance Rent 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

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

MRI Software

FEBRUARY 11, 2025

They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. Lease audits provide a clear understanding of tenant agreements and ensure compliance with legal and property guidelines. Regular audits ensure your property runs smoothly and remains profitable.

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Lease Landlord Lease Agreement Property 52

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

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? Firstly, proper maintenance is vital for finding good tenants. Firstly, proper maintenance is vital for finding good tenants. Otherwise, the tenant may retaliate in several ways.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Landlord 130

Bay Property Management Group

MARCH 14, 2025

What is Inflation and How Does It Work As the most trusted property managers in Washington, DC, we monitor inflation trends so that property owners and tenants alike can navigate rising costs. Then, if you pass these extra costs onto tenants, the rent may have to go up even more. So, what exactly is inflation?

Rental Property 130

Rental Property Property Property Management Property Manager 130

American Apartment Owners Association

SEPTEMBER 30, 2024

Ever wondered about the difference between squatters and tenants? Defining Squatters’ Rights vs Tenants’ Rights Whether you’re a property owner, tenant, or simply interested in property law it’s good you understand these distinctions between squatters rights and tenants rights.

Tenant 130

Tenant Landlord Property Maintenance Lease Agreement 130

American Apartment Owners Association

SEPTEMBER 30, 2024

Ever wondered about the difference between squatters and tenants? Defining Squatters’ Rights vs Tenants’ Rights Whether you’re a property owner, tenant, or simply interested in property law it’s good you understand these distinctions between squatters rights and tenants rights.

Tenant 130

Tenant Landlord Property Maintenance Lease Agreement 130

Bay Property Management Group

DECEMBER 4, 2024

In this day and age, getting noticed and having your apartments visible to prospective tenants can be a chore. Use your social media presence – be it large or small – to keep your current residents engaged while at the same time giving prospective tenants an idea of what to expect in your apartments.

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Apartment Landlord Media Engineering 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 Maintenance 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. Pet Policy An increasing number of landlords welcome pet owners.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Muldoon Associates

FEBRUARY 6, 2025

What does it take to become a stress-free landlord? If youre struggling to get a listing put together, late in responding to tenant inquiries, and unable to schedule showings on your time schedule, youre going to face longer vacancy periods and struggle to place a good tenant. Maybe it seems impossible.

Rental Property 52

Rental Property Landlord Lease Agreement Property 52

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. Income Sources Rent Payments The obvious one is money collected from tenants. Parking Fees If the property has parking spaces, tenants may pay extra for them.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

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.

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Maintenance Landlord Property Maintenance Tenant 130

Bay Property Management Group

FEBRUARY 26, 2025

Thats why many landlords balance hands-on work with outsourcing to maximize tax benefits. Even though you cant claim a tax deduction from your hands-on work, it increases your propertys appeal and market value, which can attract better tenants and higher rent in the long run. That said, your efforts arent wasted.

Rental Property 130

Rental Property Property Contractors Property Management 130

American Apartment Owners Association

AUGUST 7, 2022

Evicting a tenant is never easy, but it can be an unfortunate part of your job as a landlord. Your tenants have rights and any violation of them could extend the eviction process longer than it should. Keep reading to understand how and when to (properly) evict a tenant. When should you evict a tenant?

Tenant 130

Tenant Attorney Lease Rent 130

American Apartment Owners Association

AUGUST 7, 2022

Evicting a tenant is never easy, but it can be an unfortunate part of your job as a landlord. Your tenants have rights and any violation of them could extend the eviction process longer than it should. Keep reading to understand how and when to (properly) evict a tenant. When should you evict a tenant?

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Tenant Attorney Lease Rent 130