Bay Property Management Group

FEBRUARY 12, 2025

As a property owner, your investment is a business, and understanding your returns is essential. 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 Manager 147

Buildium

JANUARY 10, 2025

In the previous editions of our property management software buying guide, weve talked about comparing software using high-level criteria such as price and features. But different property types come with their own host of challengesand theres specific tools that can help with each. All these factors add complexity to the job.

Property Management Software 243

Property Management Software Property Manager Property Management Management 243

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

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 Manager 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 246

Tenant Landlord Lease Applications 246

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 Manager Property Management Tenant 130

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. Offer a range of flexible lease options to cater to diverse resident needs.

Tenant 246

Tenant Property Manager Property Management Lease 246

Bay Property Management Group

APRIL 2, 2025

But what if someone was living in your property without you even knowing? In this article, well walk you through exactly what phrogging is, when it happens, what signs to watch for, and how to keep your property safe. Its more common than you might think and can happen even in vacant rental units.

Real Estate 130

Real Estate Tenant Insurance Landlord 130

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. What Is Dwelling Fire Insurance for Rental Properties?

Insurance 246

Insurance Property Manager Property Management Landlord 246

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?

Property Manager 59

Property Manager Property Management Management Property 59

Rental Housing Journal

FEBRUARY 7, 2025

Marley Dear Marley, If the property was really uninhabitable due to cold then I would reimburse the tenants for the days it took for the repair to be completed, especially if you are getting multiple quotes, which is understandable for a major repair. ” How Can I Monitor Tenant Smoking In My No-Smoking Rental?

Landlord 98

Landlord Tenant Attorney Apartment 98

Young Management

FEBRUARY 6, 2025

Vacancy rates are one of the most significant concerns for property owners and landlords. A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Understanding how to minimize vacancy rates is an essential skill for any property owner.

Rental Property 52

Rental Property Property Rental Unit Lease 52

Property Management Inc.

MARCH 13, 2025

Owning rental properties is like running a business where every empty unit is a silent thief, quietly draining your profits. During vacancy, you're left covering property taxes, mortgage payments, and maintenance costs. Why Vacancy Rates Matter Vacant properties take more than a financial toll.

Landlord 40

Landlord Rental Income Rental Unit Lease Agreement 40

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. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity.

Compliance 162

Compliance Lease Agreement Property Manager Property Management 162

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 130

Tenant Landlord Lease Applications 130

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 Manager Property Management 147

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. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. there are rent control laws that affect some rental units.

Rent 130

Rent Rental Unit Landlord Regulation 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

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 Tenant Maintenance 130

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. Occupancy limits are a fundamental tool used to ensure the safety, comfort, and well-being of residents while safeguarding property integrity.

Compliance 130

Compliance Lease Agreement Property Manager Property Management 130

American Apartment Owners Association

NOVEMBER 2, 2022

The first step towards creating income through real estate is to invest in rental properties that generate a positive cash flow properties where more revenue is coming in than going out every month. Negative cash flow occurs when a rental property investment is costing a real estate investor more money than its generating.

Rental Property 130

Rental Property Property Real Estate Tenant 130

American Apartment Owners Association

NOVEMBER 2, 2022

The first step towards creating income through real estate is to invest in rental properties that generate a positive cash flow properties where more revenue is coming in than going out every month. Negative cash flow occurs when a rental property investment is costing a real estate investor more money than its generating.

Rental Property 130

Rental Property Property Real Estate Tenant 130

American Apartment Owners Association

NOVEMBER 2, 2022

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Read on to learn more about how you can ensure your rental property maintenance is handled properly. What is rental property maintenance? What is rental property maintenance?

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

American Apartment Owners Association

NOVEMBER 2, 2022

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Read on to learn more about how you can ensure your rental property maintenance is handled properly. What is rental property maintenance? What is rental property maintenance?

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

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. Let us discuss the former first. According to the U.S.

Apartment 130

Apartment Tenant Lease Agreement Regulation 130

Property Management Inc.

NOVEMBER 26, 2024

So, if you own a rental property, you can attract more tenants with a pet-friendly policy. 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.

Lease 52

Lease Landlord Lease Agreement Rental Unit 52

Bay Property Management Group

DECEMBER 11, 2024

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. However, collaborating with experienced property managers in Philadelphia can help you take some pressure off your shoulders.

Management 130

Management Regulation Property Manager Property Management 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. Property renovations or improvements. Property renovations or improvements.

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. Property renovations or improvements. Property renovations or improvements.

Compliance 130

Compliance Rent Lease Agreement Landlord 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

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. They have proven to be a good venture, especially for first-time investors.

Landlord 182

Landlord Airbnb Rent Tenant 182

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. including Portland, Maine.

Apartment 130

Apartment Rent Transportation Lease 130

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. Let’s break down each consideration below.

Apartment 130

Apartment Rent Landlord Single-Family Home 130

MRI Software

MARCH 5, 2025

Renting out property can be a great way to generate income, but it also comes with potential financial risks. Landlords may face various liability risks, from tenant injuries to property damage claims. Unlike standard homeowner insurance, this liability insurance is specifically designed to address rental property risks.

Insurance 52

Insurance Landlord Rental Property Tenant 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. Have you checked your vents and ducting for signs of smoking?

Landlord 90

Landlord Tenant IT Apartment 90

RL Property Management

DECEMBER 23, 2024

Heres how: Standing Out in a Crowded Market In a market where tenants have more options than ever, the appearance and functionality of your property can make all the difference. Standing out in a crowded market requires more than just keeping up; it demands strategic enhancements that maximize both tenant satisfaction and property value.

Landlord 98

Landlord Property Manager Property Management Tenant 98