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Multifamily property lease audits: Best practices for landlords

MRI Software

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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What Is a Service Contract in Real Estate?

Bay Property Management Group

Service contracts streamline property management by ensuring maintenance tasks, repairs, and vendor obligations are handled efficiently, helping landlords avoid unexpected costs and operational headaches. But with a service contract, you agree on a set price for a specific periodlike a monthly rate. Just smooth, professional upkeep.

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12 Years of RL Property Management: Lessons, Milestones, & What It Took to Get Here

RL Property Management

Leasing Without Fees Isnt Just MarketingIts Alignment When we made the decision to eliminate leasing fees , it wasnt a gimmick. We believe property managers shouldnt profit from tenant turnover. It builds trust, incentivizes better leasing decisions, and keeps our interests fully aligned with our clients goals.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. All landlords and commercial property managers should require tenants to have various forms of insurance depending on the type of business operations occupying the relevant space.

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The Shrinking Footprint of the Nation’s Largest Tenant

Colliers

Since the end of 2012, the United States General Services Administration (GSA) has been actively working to reduce the size of its leased footprint. At its peak in December 2012, GSA leased 198.6 million square feet of space (MSF) across the United States. As of yearend 2023, the agency had shed almost 21 MSF of […]

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Current Rental Market Conditions for Single Family Homes in South Florida

Florida Property Management

Understanding these trends is crucial for investors, landlords, and tenants alike. Contract Rents: Actual contract rents, which are the rents agreed upon in lease agreements, have also risen, averaging about $3,000 per month. For renters, being aware of the market dynamics can help in negotiating better lease terms.

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2023 Fall Maintenance Checklist

California Leasing & Management

As the leaves begin to change and the temperatures cool down in LA and Ventura County, it's time for California Leasing Property Management to help you prepare your rental property for fall. HVAC Maintenance: - Have the heating system professionally serviced to ensure it's in optimal condition for the cooler months in LA and Ventura County.