Remove Lease Agreement Remove Maintenance Remove Property Rental
article thumbnail

Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

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. What is a Net Lease? What about a net lease?

Lease 147
article thumbnail

Do I need landlord liability insurance? key benefits and tips for adequate coverage

MRI Software

Whether it’s a disagreement over maintenance responsibilities or an injury claim, legal fees can add up quickly. This can result in stronger tenant relationships and longer lease agreements. Showing proof of insurance may make your property more attractive to potential renters.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Renew and Thrive: Why Yearly Lease Renewal with Tenants is Vital for Landlords

Real Property Management Choice

Renewing the lease ensures that your rental income is constant and gives you a sense of stability. Without a lease agreement renewal or with a month-to-month situation, tenants may suddenly decide to relocate, leaving you with an empty property. Prepare to point those out and discuss them with your tenants.

Lease 52
article thumbnail

Property Management Outsourcing Services: Benefits and Cost

Second Nature

Property management services have changed by leaps and bounds over the past 5-10 years. And property management outsourcing services have grown along with it. While the traditional approach to property management simply provided the basics – maintenance, rent collection, etc. Maintenance and repair.

article thumbnail

Tips for Setting Competitive Rental Rates in the Colorado Springs Market

Muldoon Associates

They will pay rent on time, take care of your home, and likely renew their lease agreement at the end of the contract term. You can earn a lot more on a good tenant than you can on a high rental price. We’re taking a look at some tips we have for setting the right rental value for your property.