Bay Property Management Group

MARCH 13, 2025

The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. In this article, well help you understand how to calculate the rent-to-income ratio, why it matters to you as a landlord, and what to do if a tenant doesnt meet the threshold.

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Landlord Rent Tenant Property Management 130

Buildium

MARCH 19, 2025

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete.

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Lease Landlord Lease Agreement Tenant 130

Buildium

MARCH 19, 2025

Manual tracking of rent payments, maintenance requests, and tenant communications can be time-consuming and prone to errors. Small landlord property management software includes financial and accounting tracking capabilities , including rent collection, expense management, and reporting.

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Property Management Software Property Management Property Manager Landlord 130

Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

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Utilities Rent Tenant Landlord 130

Bay Property Management Group

JANUARY 30, 2025

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. So, can you pay rent after receiving an eviction notice? Maryland law even allows tenants to redeem their lease by paying rent and late fees before the court finalizes the eviction.

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Rent Landlord Tenant Lease 130

American Apartment Owners Association

FEBRUARY 25, 2025

Why Landlords Need to Use Property Management Software in 2025 Rental property management comes with a laundry list of responsibilities from collecting rent and screening tenants to monitoring expenses. Online Rent Collection & Payment Processing No more chasing down checks or dealing with late payments! Mul tiple payment options.

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Property Management Software Property Management Property Manager Management 207

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). A lessor is one of the most critical real estate terms.

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Bay Property Management Group

DECEMBER 30, 2024

Considering renting out your house? Read on to understand the process of renting out your house and avoid potential hiccups. Read on to understand the process of renting out your house and avoid potential hiccups. Renting out your house can give you several benefits. There are many reasons you could be here.

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American Apartment Owners Association

DECEMBER 16, 2024

Understanding a lease violation is essential to managing lease violations effectively. When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. Lease terms must be reasonable, as unreasonable terms could create legal risks for property owners.

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Lease Lease Agreement Attorney Maintenance 233

Bay Property Management Group

FEBRUARY 13, 2025

Renting a home seems straightforward enough on paper. You pay rent and enjoy your space. But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one?

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Lease Lease Agreement Landlord Property Management 130

Bay Property Management Group

FEBRUARY 24, 2025

Imagine going through the long process of renting a place, only to find out your landlord has policies about who can visit. ‘s answer is that it depends on your lease agreement and whether the guest is causing disruption or damage. We craft lease agreements that work for all parties, tenant and landlord alike.

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Landlord Lease Agreement Lease Tenant 130

American Apartment Owners Association

DECEMBER 20, 2024

Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space. Despite these rights, property managers may legally need to initiate eviction proceedings if a tenant continually violates their lease agreement.

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Property Management Property Manager Tenant Management 246

Rental Choice

DECEMBER 31, 2024

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent.

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Landlord Rent Lease Agreement Tenant 130

Beach Front Property Management

MARCH 12, 2025

These legislative updates cover resident protections, rent control, property safety, zoning changes, tax regulations, short-term rental restrictions, and corporate ownership rules. Reduces loopholes used by property owners to bypass existing rent control laws. Here is the list of laws in California 2025: 1.

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Real Estate Single-Family Home Compliance Regulation 147

American Apartment Owners Association

DECEMBER 9, 2024

Whether youre selling the property or dealing with unpaid rent, its essential for the tenant to move on. Consider Adjusting the Rent Raising the rent can be a strategic way to encourage problematic tenants to move out. Remember to check local regulations regarding rent increases and communicate openly with tenants.

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Tenant Lease Agreement Lease Landlord 246

Bay Property Management Group

FEBRUARY 6, 2025

You Meet All Lease Terms If your landlord has found you followed the lease agreement (e.g., In Virginia, your security deposit must be a maximum of 2 months’ rent. So, if your monthly rent in Virginia is $1,000, your landlord’s combined security and pet deposits shouldn’t exceed $2,000.

Landlord 130

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American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? Agreement and authorization.

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Applications Applicants Lease Agreement Landlord 246

BetterWho

MARCH 28, 2025

Automating Routine Tasks AI streamlines administrative processes like rent collection reminders, lease renewals, and maintenance scheduling. How RTMs Support Property Management: Administrative Support: Handling lease agreements, tenant screening, and compliance tasks.

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Property Management Property Manager Management Property 130

Bay Property Management Group

JANUARY 7, 2025

If you need extra income, renting out a spare room can be a great solution. By renting out a room, you can help cover your mortgage, property taxes, utility bills, and more. To make the right decision, establish clear rules for renting a room in your house. However, its not as simple as it looks. Lets explore the pros and cons.

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Rent Lease Tenant Lease Agreement 147

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

Compliance 130

Compliance Rent Lease Agreement Landlord 130

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

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Compliance Rent Lease Agreement Landlord 130

Bay Property Management Group

APRIL 4, 2025

Main Takeaways What is a ground lease? Ground leases let tenants develop land without owning it, offering benefits like lower upfront costs but posing risks such as rising rent and loss of improvements. Unsubordinated Ground Lease An unsubordinated ground lease is the safer option for the landlord.

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Lease Landlord Tenant Finance 130

Buildium

MARCH 3, 2025

Explaining the terms of the lease agreement: This should include the rent amount, the security deposit, the due dates for rent payments, and the late fees. Collecting the first month’s rent and security deposit: This should be done before the tenant moves in. Why Is a Move-In Checklist Important?

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Property Management Property Manager Management Property 130

American Apartment Owners Association

SEPTEMBER 5, 2024

One of the biggest headaches landlords face is making sure rent is collected on time, every time. An efficient rent collection process helps ensure the money comes in while maintaining a positive relationship with your tenants, reducing stress and saving you time and money. Popular options include Cozy, Rentec Direct, and Buildium.

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Rent Tenant Landlord Property Management 130

Bay Property Management Group

MARCH 14, 2025

Then, if you pass these extra costs onto tenants, the rent may have to go up even more. How Inflation Can Work in Your Favor Higher Rent: When the cost of living rises, rent naturally follows suit. Tenant Affordability & Vacancies: If rent climbs too fast, some tenants might struggle to keep up, leaving you with empty units.

Rental Property 130

Rental Property Property Property Management Property Manager 130

Real Property Management Chicago

APRIL 4, 2024

Developing a dependable rent collection plan is imperative for rental property owners. In addition to setting the right rental price, managing rent payments stands as a key decision for property owners. With an effective rent collection strategy and prior preparation, you can prompt your tenants to submit their payments promptly.

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Rent Property Management Property Manager Lease Agreement 130

MRI Software

MARCH 1, 2025

Lease agreements are a fundamental aspect of managing rental properties, helping to establish clear terms and protect both landlords and tenants. Whether you’re an experienced property owner or new to renting, choosing the right lease agreement is essential for maintaining a smooth and profitable rental operation.

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Lease Agreement Lease Landlord Compliance 52

MRI Software

FEBRUARY 8, 2025

These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. Below we will explain what a master lease agreement is, its key components, and how to get a master lease agreement for multifamily properties. What is a master lease agreement?

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Lease Agreement Lease Real Estate Landlord 52

American Apartment Owners Association

DECEMBER 16, 2024

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. Privacy Both landlords and tenants have the right to privacy. Key Points: 1.

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Landlord Lease Agreement Tenant Rental Property 246

American Apartment Owners Association

DECEMBER 9, 2024

The initiative provides borrowers with a free year of the on-time rent payment service and has since been expanded to include six additional credit-building vendors. Freddie Mac’s goal is to make on-time rent reporting and credit building an industry standard. . ” Need a Lease Agreement?

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Lease Lease Agreement Rent Landlord 235

American Apartment Owners Association

SEPTEMBER 16, 2024

Negotiating rent prices can be tough for a landlord. Whether negotiating with tenured residents or prospective renters, you should always be open to discussing rent prices. When to Consider Negotiating Rent When a renter asks to negotiate rent, its normal to have a knee-jerk reaction. Need a Lease Agreement?

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Lease Rent Landlord Rental Income 246

Bay Property Management Group

JANUARY 12, 2025

With rental arbitrage, tenants rent from your property in the long-term and sublet it to short-term renters through Airbnb, VRBO, and other platforms. The process involves: Securing a Lease Agreement: As we stated before, tenants start the rental arbitration process by signing a long-term lease. Is Rental Arbitrage Legal?

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Landlord Lease Agreement Insurance Lease 147

Genuine Property Management

SEPTEMBER 19, 2024

When you rent a home, it’s common to wonder who handles repairs and maintenance. The answer usually depends on the terms of your lease agreement and the type of repair in question. While every situation is different, property managers often play a key role in managing repairs.

Property Management 130

Property Management Property Manager Lease Agreement Management 130

Muldoon Associates

FEBRUARY 6, 2025

After all, theres rent to collect and vacancies to fill and preventative maintenance services to schedule. How can you not feel a little bit stressed when youre leasing, managing, and maintaining a Colorado Springs rental property ? Youre likely listing your Colorado Springs home for rent on Zillow anyway. It saves time.

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Rental Property Landlord Lease Agreement Property 52

Real Property Management Chicago

NOVEMBER 25, 2022

Part of doing so is guaranteeing certain consequences for violating specific terms in your lease. One way to encourage renters to maintain their lease agreement is to issue fines for violations. But then fines and penalties also need to be specifically detailed in your lease agreement before you can charge them.

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Lease Lease Agreement Property Management Property Manager 130

Beach Front Property Management

SEPTEMBER 26, 2024

When preparing a property for rent, you handle key tasks like painting, cleaning carpets, making minor repairs, and ensuring that plumbing, electrical, and HVAC systems are safe. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Will you impose late fees? If so, how much?

Lease 130

Lease Landlord Lease Agreement Insurance 130

Bay Property Management Group

DECEMBER 5, 2024

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. You could face penalties for breaking a lease depending on your lease agreement and applicable laws. Commonly, landlords ask for around 2 months of rent.

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