Bay Property Management Group

FEBRUARY 12, 2025

Keep reading to get the insights you need to maximize your rental income. Key Takeaways Vacancy Rate Directly Impacts Rental Income and Property Performance – A high vacancy rate means lost rental income and potential management issues, while a low rate signals strong demand and stable cash flow.

Landlord 147

Landlord Rental Income Rental Unit Property Management 147

Beach Front Property Management

FEBRUARY 5, 2025

These innovations help property managers streamline operations, reduce costs, and create a more sustainable environment while improving the resident experience. With features that improve comfort, security, and energy efficiency, smart home technology benefits both residents and property managers.

Property 147

Property Apartment Property Management Property Manager 147

Bay Property Management Group

NOVEMBER 19, 2024

As a landlord or owner, what are the considerations when renting to college students, lease agreement addendums and terms to consider, and general ramifications of renting to this group? As premiere Washington DC property managers , we know that managing tenants can be a tricky business. There are a lot of considerations.

Lease Agreement 147

Lease Agreement Lease Rent Property Management 147

Buildium

JANUARY 13, 2025

As a property manager, there are plenty of measures you can take to prevent fires at your owners propertiesregular inspection and maintenance of smoke detectors and fire extinguishers, tenant education on fire hazards, updating electrical systems and appliances, to name a few. Have Building Codes Changed?

Insurance 246

Insurance Property Management Property Manager Landlord 246

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

American Apartment Owners Association

FEBRUARY 6, 2025

Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. All of your policies need to be incorporated into your lease.

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Landlord Airbnb Rent Tenant 255

Authority Property Management

FEBRUARY 21, 2025

Managing Your Rental Property Through the Seasons Owning a rental property isnt just about collecting rentits about maintaining a home that attracts and retains great tenants. But managing a property isnt the same year-round. Many leases end, and new tenants move in. Need expert property management?

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Property Management Property Manager Management Property 59

Bay Property Management Group

MARCH 6, 2025

Vacancy loss is themoney a landlord loses when rental units remain unoccupied. While its often seen in a negative light, experienced property managers in Baltimore view it as more than just lost incomeit also represents potential earnings you could gain once the units are occupied.

IT 130

IT Property Management Property Manager Tenant 130

Bay Property Management Group

APRIL 2, 2025

Its more common than you might think and can happen even in vacant rental units. As our rental property management in Northern Virginia can tell you, phrogging is a real problem. Sometimes, it even happens in rental units that are sitting empty between tenants. It sounds crazy, but it happens. Absolutely.

Real Estate 130

Real Estate Tenant Insurance Landlord 130

Rental Housing Journal

FEBRUARY 7, 2025

After he retired, he started a real-estate brokerage business with his sister that focuses on property management and leasing. Ask Landlord Hank Your Question Ask veteran landlord and property manager Hank Rossi your questions from tenant screening to leases to pets and more! Visit his website: [link].

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Landlord Tenant Attorney Apartment 98

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. What can you do to give tenants that sense of safety when they move into your rental and what are your legal responsibilities to protect them from harm? A safe place to live is priceless.

Tenant 246

Tenant Landlord Lease Applications 246

Bay Property Management Group

DECEMBER 11, 2024

Managing multi-family rentals is a huge task. So, how can you manage these rental properties like a well-oiled machine? This article shares practical property management tips to help you streamline operations and boost efficiency. So, you should find a sweet spot to retain tenants and keep the units occupied.

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Management Regulation Property Management Property Manager 130

Young Management

FEBRUARY 6, 2025

A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Keeping your rental property occupied with reliable tenants is crucial for maximizing your return on investment and minimizing the time between leases. Strategies to Keep Vacancy Rates Low 1.

Rental Property 52

Rental Property Property Rental Unit Lease 52

American Apartment Owners Association

OCTOBER 18, 2024

As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. The Importance of Occupancy Limits Occupancy limits are established to maintain safety standards and prevent overcrowding in rental units.

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Compliance Lease Agreement Property Management Property Manager 162

Property Management Inc.

MARCH 13, 2025

Reducing vacancy rates isn't just about luck or timing; it's about strategy, preparation, and knowing the right moves to fill your rental units. This guide will equip you with proven techniques and insights for keeping your properties occupied, maintaining a steady rental income, and building a thriving rental business.

Landlord 40

Landlord Rental Income Rental Unit Lease Agreement 40

Bay Property Management Group

DECEMBER 1, 2024

What to Do If You’re Facing a Rent Increase Tips for Negotiating Your Rent Increase Ask Your BMG Property Managers for Help How Often Can Your Landlord Increase Rent? Washington, DC, property managers know that rent increases are essential to the rental process. However, they must follow the proper notice requirements.

Rent 147

Rent Landlord Property Management Property Manager 147

American Apartment Owners Association

OCTOBER 18, 2024

As the demand for housing continues to rise, property managers face the dual responsibility of maintaining occupancy standards and adhering to fair housing regulations. The Importance of Occupancy Limits Occupancy limits are established to maintain safety standards and prevent overcrowding in rental units.

Compliance 130

Compliance Lease Agreement Property Management Property Manager 130

Bay Property Management Group

DECEMBER 9, 2024

Key Takeaways Seasonal Trends Affect Rental Prices and Availability – Renting during the slow season (OctoberMarch) often offers better deals, such as lower rent, move-in specials, and flexible lease terms, while the busy season (AprilSeptember) provides more options but comes with higher competition and increased prices.

Apartment 147

Apartment Rent Regulation 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. What can you do to give tenants that sense of safety when they move into your rental and what are your legal responsibilities to protect them from harm? A safe place to live is priceless.

Tenant 130

Tenant Landlord Lease Applications 130

Real Property Management Evertrust

OCTOBER 7, 2024

New landlords often face a steep learning curve, especially when it comes to managing tenants, maintaining property, and navigating legal requirements. Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening.

Landlord 130

Landlord Lease Agreement Maintenance Tenant 130

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. Rent control places a limit on how much a landlord can charge their tenants in their lease and lease renewal. there are rent control laws that affect some rental units. Rent control laws in the U.S.

Rent 130

Rent Rental Unit Landlord Regulation 130

Property Management Inc.

NOVEMBER 26, 2024

Often, these pet families take good care of your home and are likely to renew their lease at the end of the initial agreement. Allowing pets in a rental unit presents risks too, but you can charge a pet deposit to cover them. Read on for guidance on managing an unauthorized pet lease violation in your rental home.

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Lease Landlord Lease Agreement Rental Unit 52

Rental Choice

AUGUST 6, 2024

However, both federal and state laws have something to say about smoking — even in private spaces like rental units. In addition, landlords may prohibit smoking under the rental agreement and an apartment smoker will face consequences should they ever break the rules. Marijuana is illegal under federal law. What about marijuana?

Apartment 130

Apartment Tenant Lease Agreement Regulation 130

Nest DC

AUGUST 17, 2023

As a housing provider in Washington, DC, it’s crucial to understand the complexities of breaking a lease agreement. This article will discuss when breaking a lease is and isn’t legally justified and provide you with insights into your rights as a lessor of a rental unit.

Lease 52

Lease Lease Agreement Rental Unit Tenant 52

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. Below are the top reasons a landlord or property manager may choose to increase rent: Staying competitive with the local market. Remember, a year-long lease has different requirements from a month-to-month lease.

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. Below are the top reasons a landlord or property manager may choose to increase rent: Staying competitive with the local market. Remember, a year-long lease has different requirements from a month-to-month lease.

Compliance 130

Compliance Rent Lease Agreement Landlord 130

Real Property Management Evertrust

SEPTEMBER 19, 2024

The cost of heating can vary depending on the type of heating system in your rental unit—whether it’s oil, natural gas, or electric heating. Before signing a lease, make sure to ask about the heating system and who is responsible for paying the heating bills.

Apartment 130

Apartment Rent Transportation Lease 130

American Apartment Owners Association

AUGUST 7, 2022

in a rental unit. Violating community health and safety standards: Letting a rental property get so dirty it attracts rodents or insects, which may make other tenants feel unsafe. Staying on premises after the lease has expired: When the lease is up, so is the tenants time living at your property.

Tenant 130

Tenant Attorney Lease Rent 130

American Apartment Owners Association

AUGUST 7, 2022

in a rental unit. Violating community health and safety standards: Letting a rental property get so dirty it attracts rodents or insects, which may make other tenants feel unsafe. Staying on premises after the lease has expired: When the lease is up, so is the tenants time living at your property.

Tenant 130

Tenant Attorney Lease Rent 130

MRI Software

MARCH 5, 2025

Liability insurance provides financial protection against claims and helps landlords manage their properties with confidence. This protection allows property owners to manage their rental properties without financial stress. This can result in stronger tenant relationships and longer lease agreements.

Insurance 52

Insurance Landlord Rental Property Tenant 52

American Apartment Owners Association

FEBRUARY 6, 2025

Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. All of your policies need to be incorporated into your lease.

Landlord 182

Landlord Airbnb Rent Tenant 182

RL Property Management

DECEMBER 23, 2024

Whether you own a single-family home or an expansive rental portfolio, adapting to these market dynamics is key to maintaining profitability. By implementing forward-thinking strategies and adopting an asset management mindset, landlords can thrive in even the most competitive conditions.

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Landlord Property Management Property Manager Tenant 98

MRI Software

FEBRUARY 25, 2025

Multifamily properties account for over 40% of rental units in the United States, making them a significant part of the real estate market. Managing these properties effectively requires more than just collecting rent; it involves strategic planning, financial oversight, and operational efficiency.

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Landlord Management Property Management Software Property Management 52

Rental Choice

APRIL 4, 2024

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. There is no set rule or standard when it comes to determining a rental price. A property management company might help with that.

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Apartment Rent Landlord Single-Family Home 130

MRI Software

AUGUST 3, 2024

In the competitive landscape of property management, tracking the right Key Performance Indicators (KPIs) is crucial for optimizing operational efficiency and enhancing tenant satisfaction. By monitoring these KPIs, property managers can gauge the success of their objectives, projects, and team performance over time.

Property Management 52

Property Management Property Manager Management Property 52

Rental Housing Journal

JANUARY 31, 2025

Tenants smoking inside rental property can be a real headache for property managers so in this weeks Ask Landlord Hank question he offers some suggestions on how to know find out if tenants have been smoking in the rental unit. He provides answers each week to landlords.

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Landlord Tenant IT Apartment 90

Authority Property Management

AUGUST 3, 2024

The Impact of Assembly Bill 12 on the Property Management Industry and Landlords Assembly Bill 12 (AB12),went in to effect on July 1, 2024, and introduced significant changes to California's property management landscape. John Doe, Property Management Professional: “Landlords must adapt quickly to the new regulations.

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Property Management Property Manager Management Property Management Software 59