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

Appfolio

MARCH 16, 2021

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . So what can be leaders and managers do to improve retention? Employee retention. Identify what motivates.

Property Management 289

Property Management Property Manager Management Property 289

BetterWho

SEPTEMBER 21, 2024

High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., The cost of turnover adds up.

Property Manager 233

Property Manager Property Management Tenant Management 233

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

Buildium

NOVEMBER 12, 2024

As a large property management company, you know how important it is to establish standard processes and leverage technology. In our Industry Report , 36% of property management professionals said that’s how they plan to grow in the next two years. But staying competitive also requires keeping up with industry trends.

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Property Management Property Manager Management Property 243

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. Fortunately, with a professional approach, they are entirely manageable. In this article, you will find the most common lease violation types. What is Lease Violation?

Lease 170

Lease Lease Agreement Attorney Maintenance 170

Buildium

NOVEMBER 5, 2024

Property managers are going to be busy in 2025. According to our 2025 Property Management Industry Report , 91% of property managers we surveyed plan to expand their portfolios in the next two years. But it’s still an essential part of 2025 planning.

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Property Management Property Manager Management Property Management Software 227

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 Management Property Manager 147

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

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?

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Property Management Software Property Management Property Manager Management 130

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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Rent Lease Agreement Lease Landlord 147

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

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.

Commercial Property 147

Commercial Property Lease Management Lease Agreement 147

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. There’s a pre-sale function and a post-sale function.

Property Management Software 163

Property Management Software Property Management Property Manager Management 163

Buildium

JANUARY 21, 2025

Generating enough revenue to compensate for rising costs remains a top challenge for property management companies in 2025. Factors Impacting Property Management Companies Profitability So, whats going on here? First: Leasing has become less profitable, with renters moving less often than they have in previous years.

Property Management 130

Property Management Property Manager Management Broker 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.

Lease 130

Lease Lease Agreement Landlord Property Management 130

Bay Property Management Group

DECEMBER 1, 2024

Rent increases are pretty much unavoidable. 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? Washington, DC, property managers know that rent increases are essential to the rental process.

Rent 147

Rent Landlord Property Management Property Manager 147

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.

Rent 147

Rent Lease Tenant Lease Agreement 147

Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent 130

Rent Landlord Tenant Lease 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. Managing a rental property can be rewarding, but dealing with residents’ questions and details can be overwhelming. Will you impose late fees?

Lease 130

Lease Landlord Lease Agreement Insurance 130

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

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 Landlord 130

Bay Property Management Group

JANUARY 22, 2025

But dont worrythere are still ways to rent after one, even if it feels tough. Main Takeaways Knowing exactly how to rent with an eviction on your record can seem daunting. You could rebuild your rental history with short-term rentals, use honesty as the best policy with potential landlords, rent with a co-signer, and seek legal aid.

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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 234

Tenant Lease Property Management Property Manager 234

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

DECEMBER 9, 2024

Timing is everything when it comes to renting an apartment. Since rent prices typically rise and fall in predictable seasonal patterns, knowing the best time to find an apartment could save you money and unlock better options. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

Apartment 147

Apartment Rent Regulation Lease 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. Fortunately, with a professional approach, they are entirely manageable. In this article, you will find the most common lease violation types. What is Lease Violation?

Lease 130

Lease Lease Agreement Attorney Maintenance 130

Buildium

JANUARY 22, 2025

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online.

Property Manager 130

Property Manager Property Management Management Media 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? Commonly, landlords ask for around 2 months of rent.

Lease 130

Lease Lease Agreement Landlord Applications 130

Yardi Breeze

DECEMBER 6, 2024

We get a lot of questions from property managers about Yardi Breeze and Yardi Breeze Premier. To help you out, we assembled a list of common property management software FAQs below. I get many rent checks all at once and dont want to use the Yardi CHECKscan mobile app to deposit them individually. We love it!

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Property Management Software Property Manager Property Management Management 130

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.

Landlord 130

Landlord Rent Lease Agreement Tenant 130

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

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.

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Applicants Applications Lease Agreement Landlord 246

Bay Property Management Group

DECEMBER 3, 2024

If you’re looking for the best property management books around, we’re here to help. Our professional property managers have chosen our personal favorites for your viewing pleasure. Read below for some great recommendations on managing rental properties. Griswold and Laurence C.

Property Management 147

Property Management Property Manager Landlord Management 147

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. And how much should the fines be?

Lease 130

Lease Lease Agreement Property Management Property Manager 130

Condo Control

JANUARY 12, 2025

Table of contents Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? What is the best way to manage recreational amenities? Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference?

Lease 130

Lease Applications Applicants Management 130