Bay Property Management Group

MARCH 17, 2025

But with your lease coming to an end, youre now at a crossroads, wondering how to renew lease agreements and secure your home for another term. Main Takeaways Start the conversation earlyat least 60-90 days before your lease endsso you have time to negotiate and explore other options. What is Lease Renewal?

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Lease Agreement Lease Tenant Landlord 130

Bay Property Management Group

FEBRUARY 4, 2025

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties. But its not always that simple.

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Rent Landlord Property Management Services Lease Agreement 130

Bay Property Management Group

JANUARY 29, 2025

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more.

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Utilities Rent Lease Agreement Landlord 130

American Apartment Owners Association

DECEMBER 16, 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!

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Lease Lease Agreement Attorney Maintenance 233

Rental Choice

NOVEMBER 28, 2024

A lease renewal is a common part of renting. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. What is a Lease Renewal? A lease renewal is an agreement between the tenant and the landlord to renew the lease. Lease Renewal.

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Lease Landlord Tenant Rent 246

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

Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. Leasing Any landlord property management software you choose should feature tools that will assist you throughout the entire leasing cycle.

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Property Management Software Property Manager Property Management Landlord 242

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 Manager Property Management 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

Appfolio

JULY 13, 2020

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume. To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals.

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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? Good question.

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Lease Insurance Commercial Property Utilities 147

Bay Property Management Group

JANUARY 5, 2025

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

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Rent Rental Income Property Manager Property Management 262

American Apartment Owners Association

FEBRUARY 6, 2025

Small homes = big profits Leasing tiny homes is one of the latest trends in the rental business. AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot.

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Bay Property Management Group

FEBRUARY 11, 2025

Key questions should focus on maintenance policies, guest parking options, safety measures, and the building’s history to ensure there are no surprises after moving in. Understand the Lease Terms and Fees – A lease is a binding contract, so its crucial to clarify its terms. How Are Maintenance Requests Handled?

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Appfolio

AUGUST 28, 2020

Online rent payments aren’t just convenient, they’re also mutually beneficial for your residents and your business. If you’re still collecting paper rent checks and manually entering bank data, then now is the time to implement a paperless system. 2 Eliminates Error-Pro ne, Manual Auditing & Editing.

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Property Manager Property Management Rent Management 286

BetterWho

MARCH 28, 2025

Property managers and property management companies spend countless hours on administrative tasks, tenant communications, and maintenance coordination. Automating Routine Tasks AI streamlines administrative processes like rent collection reminders, lease renewals, and maintenance scheduling.

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Property Manager Property Management Management Property 130

Buildium

MARCH 3, 2025

Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. To Provide a Reference for Maintenance: When your staff conducts a move-in inspection, they can use the list to identify repairs that should be made before the new tenant moves in.

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Property Manager Property Management Management Property 130

RL Property Management

MARCH 25, 2025

Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. And all too often, it starts with a rushed screening decision or a poorly written lease. A well-written lease is your safety net. Check it out here.

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Lease Agreement Lease Landlord Property Management 59

BetterWho

MARCH 7, 2025

A well-crafted playbook ensures: Consistency Standardized processes help every team member handle tenant inquiries, maintenance requests, and lease management the same way. Maintenance Requests How tenants submit requests, response time expectations. Rent Collection Automated reminders, handling late payments.

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Property Manager Property Management Management Property 130

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). It describes someone who leases out a property or asset to someone else.

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Lease Agreement Lease Insurance Tenant 130

Yardi Breeze

JANUARY 23, 2025

Another issue is finding qualified workers, especially in maintenance roles. Theres been a significant labor shortage in the maintenance industry. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due? This has led to delays in completing work orders as well as rising costs.

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Property Manager Property Management Management Property 264

Beach Front Property Management

NOVEMBER 20, 2024

Finding the perfect commercial property for your business is an exciting milestone, but lease negotiations can sometimes feel overwhelming. Negotiating commercial property leases requires careful market research and attention to key terms like rent, lease duration, and maintenance responsibilities.

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Commercial Property Lease Management Property 147

Beach Front Property Management

MARCH 26, 2025

Effective crisis management is essential in property management to handle unexpected challenges like natural disasters, maintenance emergencies, resident disputes, and financial setbacks. Maintenance Failures Plumbing, electrical, and HVAC system breakdowns can lead to costly repairs if not addressed promptly.

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Property Manager Property Management Management Property 147

Buildium

JANUARY 21, 2025

First: Leasing has become less profitable, with renters moving less often than they have in previous years. This has put pressure on two other services to generate more revenue to make up for the income theyve lost: rent collection and maintenance. 41% will expand the services they provide.

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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. Possible Downsides Higher Maintenance Costs: Inflation makes repairs and upkeep more expensive since labor and materials cost more.

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Rental Property Property Property Manager Property Management 130

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

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Property Insurance Rental Income Real Estate 200

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

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Lease Landlord Lease Agreement Property 52

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. Decide how you prefer to collect rent.

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Lease Landlord Lease Agreement Insurance 130

BetterWho

FEBRUARY 17, 2025

Best Property Management Tools for 2025: CRM and automation : AppFolio, Buildium, LeadSimple Task management : Asana, Trello, Monday.com Marketing automation : Facebook Ads, Google Ads, SEO platforms Example: Automate rent collection and lease renewals using AI-driven property management ads to reduce late payments and vacancies.

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Property Manager Property Management Management Property 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. 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? What is the Difference Between a Lease and a Rental Agreement?

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Lease Landlord Property Manager Property Management 147

Buildium

FEBRUARY 4, 2025

Meanwhile, a more absentee investor might want a property manager who can take care of maintenance requests without needing to get them involved. Maintenance: Think about what vendors your clients are likely to need and what recommendations you currently offer them.

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Property Manager Property Management Management Property 189

Buildium

JANUARY 30, 2025

How Does Single Family Property Management Software Help Your Business Single family property managers often have to deal with a variety of properties, each with their own location, types of tenants, maintenance needs, and other unique features. Its designed to automate and simplify all the tasks involved in managing rental properties.

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Property Management Software Property Manager Property Management Management 130

Esquire Property Management Group

FEBRUARY 13, 2025

Triple net NNN leases seem to be all the rage for real estate investors. Real estate investors exhibit significant interest in triple net leases for several reasons. The reality is clear: triple net leases are seldom as unequivocal as they first seem. What is a Triple Net Lease and Why are they Desirable?

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Lease Landlord Real Estate Tenant 64

Rental Choice

MAY 7, 2024

One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons. Firstly, proper maintenance is vital for finding good tenants. After all, you can’t rent out a dilapidated and unlivable property.

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Property Maintenance Maintenance Rental Property Landlord 130

Bay Property Management Group

DECEMBER 1, 2024

Rent increases are pretty much unavoidable. While they’re unpleasant for tenants, they’re necessary for landlords who must pay for the rising maintenance costs, taxes, and utilities. So, if you’re facing a rent increase, there are a few things to remember. Contents of This Article: How Often Can Your Landlord Increase Rent?

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Rent Landlord Property Manager Property Management 147

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

Beach Front Property Management

APRIL 16, 2025

The primary objective is to ensure whether an applicant is likely to fulfill lease obligations and maintain the property responsibly or not. The Tenant Screening Process: Step-by-Step Tenant screening is a proactive strategy to find trustworthy, responsible residents who treat the property carefully and pay rent on time.

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