Lula

MARCH 13, 2024

A lease renewal is the process of establishing a new rental agreement with the current tenants. If the landlord or property manager is happy with the tenants and the tenants are happy with the home, it makes sense to re-up and keep the relationship going. What If You Don’t Want to Renew a Tenant’s Lease? Congratulations!

Lease 130

Lease Property Manager Property Management Landlord 130

Bay Property Management Group

NOVEMBER 25, 2024

There are so many types of leases. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. As dedicated property managers in Baltimore and surrounding areas, we deal with a lot of leases. Table of Contents What is a Gross Lease?

Lease 147

Lease Insurance Commercial Property Utilities 147

American Apartment Owners Association

DECEMBER 20, 2024

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment.

Property Management 214

Property Management Property Manager Tenant Management 214

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. Managing a rental property can be rewarding, but dealing with residents’ questions and details can be overwhelming. Decide how you prefer to collect rent.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Beach Front Property Management

NOVEMBER 6, 2024

Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. In this article, you will find the most common lease violation types. Dive into the details of lease violations and how to resolve them smoothly and successfully!

Lease 130

Lease Lease Agreement Attorney Maintenance 130

Real Property Management Chicago

NOVEMBER 22, 2024

The swift change in the rental property management industry is no surprise. All of these factors, taken together, have lastingly altered the property management landscape. What then drives property management going forward? As a professional in the industry, staying ahead of the trends is imperative.

Property Management 241

Property Management Property Manager Management Property 241

Bay Property Management Group

NOVEMBER 26, 2024

As a property management company, we understand that things come up. Whether your family is growing or you must relocate for work , you may have to break your lease early. While this is not ideal for landlords or property managers, you can do a few things to make the process easier. Generally speaking, yes.

Lease 130

Lease Lease Agreement Property Management Property Manager 130

Real Property Management Chicago

NOVEMBER 25, 2022

As an Orland Park rental property owner, putting clear-cut expectations for your renter is crucial. 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. Generally speaking, yes.

Lease 130

Lease Lease Agreement Property Management Property Manager 130

Bay Property Management Group

DECEMBER 5, 2024

Unfortunately, you may face penalties for breaking a lease. 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. What Are the Penalties for Breaking a Lease? Read below for more information.

Lease 130

Lease Lease Agreement Landlord Applications 130

Bay Property Management Group

NOVEMBER 18, 2024

There are all kinds of reasons why someone would need to break their lease. How can you break your lease without penalty? As the premiere property managers in Philadelphia , we get this question often. Here are some common ways in which someone might find a way to break their lease without penalties. Good question!

Lease 130

Lease Lease Agreement Landlord Property Management 130

Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

Lease 130

Lease Lease Agreement Landlord Tenant 130

Bay Property Management Group

NOVEMBER 25, 2024

Entering into a lease is always a time to take a pause and think about what you are doing. Many people might get handed a rental agreement. Wait, I thought I was signing a lease? What is the difference between a lease and a rental agreement? What is the difference between a lease and a rental agreement?

Lease 147

Lease Landlord Property Management Property Manager 147

American Apartment Owners Association

DECEMBER 9, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Its essential to remember that these approaches are designed to respect legal processes and lease terms while offering alternatives that can help avoid the costs and complications of eviction.

Tenant 220

Tenant Lease Landlord Lease Agreement 220

Real Property Associates

OCTOBER 9, 2024

Renewing a lease is an important process for property owners and landlords to maximize revenue. When should property owners start to renew the lease, and what's the best approach to ensure more renewals?

Lease Agreement 56

Lease Agreement Lease Rental Income Tenant 56

Buildium

JANUARY 13, 2025

Property management is a people-focused business. In this post, well cover what you need to know about property management virtual assistants, when they make sense over traditional staffing, and how to introduce them in a way that enhancesrather than disruptsthe way you do business.

Property Management 246

Property Management Property Manager Management Property 246

Bay Property Management Group

DECEMBER 30, 2024

Furthermore, it allows you to retain ownership of the property while building equity over time. You must stay on top of the house repairs, keep an open line of communication with tenants, and ensure the property meets all legal and safety requirements. Also, you must conduct regular inspections on the property.

Rent 147

Rent Lease Agreement Lease Landlord 147

Genuine Property Management

SEPTEMBER 19, 2024

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. Below, we’ll cover the typical circumstances where property […] The post Do Property Managers Pay for Repairs?

Property Management 130

Property Management Property Manager Lease Agreement Management 130

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 rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. Damaged the property?

Applications 246

Applications Applicants Lease Agreement Landlord 246

American Apartment Owners Association

DECEMBER 16, 2024

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. The answer is straightforward: yes, landlords have the legal authority to enter the rental property they own. This raises the question of whether a landlord can let themselves in without the tenants permission.

Landlord 246

Landlord Lease Agreement Tenant Lease 246

Real Property Management Chicago

SEPTEMBER 13, 2024

Acquiring a rental property with existing tenants is not only a convenient choice, but also a great opportunity. That said, it’s vital to understand that purchasing a property with tenants already living there comes with its own challenges. Skipping renovations, advertising, and tenant screening is just the start of the advantages.

Tenant 130

Tenant Lease Agreement Property Lease 130

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. Rental arbitrage is a business approach where individuals get long-term rental leases and then sublet the rental to others for short-term intervals. This sounds simple enough, right?

Landlord 147

Landlord Lease Agreement Insurance Lease 147

American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

Tenant 244

Tenant Landlord Lease Applications 244

American Apartment Owners Association

DECEMBER 9, 2024

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. Choosing the Right Platforms Today,online platformshave become the go-to spaces for property hunting. Need a Lease Agreement?

Property Listing 201

Property Listing Rental Property Property Media 201

Real Property Management Evertrust

JANUARY 9, 2025

The property management industry is evolving, mostly propelled by technological advancement. Indeed, AI-based technology is transforming every facet of rental property management. Continue reading to uncover the key technologies revolutionizing rental property management and defining the industry’s future.

Property Management 147

Property Management Property Manager Management Property 147

American Apartment Owners Association

SEPTEMBER 16, 2024

Rent comps, or rent comparables, are properties of similar size, amenities, and location to your own. In arent comp report, you can analyze the performance of these similar properties and use that information toprice your rental. Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease.

Lease 231

Lease Rent Landlord Rental Income 231

BetterWho

OCTOBER 4, 2024

As a property management business owner, the recent lawsuit between the Federal Trade Commission (FTC) and Invitation Homes has raised concerns across the industry. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.

Property Management 130

Property Management Property Manager Management IT 130

Fourandhalf

AUGUST 22, 2024

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. Generally speaking, property management software takes care of your operations.

Property Management Software 163

Property Management Software Property Management Property Manager Management 163

Osprey Property Management

DECEMBER 5, 2024

There are several reasons why rental property owners may have to evict a tenant, whether for severe violations of the rental lease agreement, property damage, or a lack of rent payments. Eviction can be costly for property owners and may often require the help of an expert.

Tenant 130

Tenant Lease Agreement Rental Property Property Management 130

American Apartment Owners Association

JANUARY 9, 2025

If this sounds familiar, you might assume property management software is just another expense eating into your profits. This article will investigate the true value of property management software, including its uses and benefits for landlords of all sizes (financial and otherwise). What is Property Management Software?

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

Bay Property Management Group

DECEMBER 23, 2024

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. Lets dive in!

Property Management 147

Property Management Property Manager Landlord Management 147

Lula

AUGUST 9, 2024

Enhancing Rental Properties with Efficient Laundry Facilities When I was viewing my current apartment for the first time, before I had even seen a rental agreement, I was elated to learn that use of the onsite laundry facility was provided free of charge. Failing to do so can lead to disgruntled tenants or costly repairs.

Rental Property 130

Rental Property Single-Family Home Property Apartment 130

Real Property Management Chicago

JUNE 2, 2015

Is a professional property manager the right choice for your rental property? Professional property management can make owning (and profiting from!) rental properties a hassle-free experience for you. The decision to use a professional property management company involves weighing the pros and cons.

Professional Property Management 130

Professional Property Management Property Management Property Manager Management 130

American Apartment Owners Association

DECEMBER 9, 2024

Industry leaders report that these programs deliver more stable properties with less turnover and economic benefits for both tenants and operators. “Clearly there has been a need for a comprehensive focus on renters’ needs that goes beyond setting reasonable rents and typical property management activities,” Aber said.

Lease 174

Lease Lease Agreement Apartment Rent 174

Real Property Management Evertrust

OCTOBER 7, 2024

It’s tempting to rent to the first person who shows interest in your property, especially when your rental is sitting vacant. Failing to catch these early on can leave you with someone who doesn’t pay rent on time or damages your property. Make sure the tenant understands the lease before signing.

Tenant 130

Tenant Lease Agreement Landlord Lease 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. With effective communication, tenant satisfaction, and cost management, it helps to know who is in charge of maintaining rental properties.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

Rental Choice

DECEMBER 31, 2024

Lease Clauses To make things easier for landlords and tenants in the long run, landlords may include stipulations about holiday rent payments in lease agreements. A landlord’s course of action will depend on your lease agreement and local regulations. Communication is key.

Landlord 130

Landlord Rent Lease Agreement Tenant 130

Bay Property Management Group

JANUARY 7, 2025

By renting out a room, you can help cover your mortgage, property taxes, utility bills, and more. The top property management companies in Northern Virginia will guide you through it. For instance, you could be able to forego repair, maintenance, or property taxes. After all, its your house, and you can choose how to use it.

Rent 147

Rent Lease Tenant Lease Agreement 147