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Renting to College Students – Lease Agreement Terms & Tips

Bay Property Management Group

There is a big demographic that many people come across when renting housing: college students. 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? There are a lot of considerations.

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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

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.

Lease 264
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How to Become a Tiny House Landlord

American Apartment Owners Association

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 255
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The Ultimate Move-In Checklist for Property Managers

Buildium

Moving into a new rental property can be an exciting experience for tenants, but it can also be stressful. 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. Why Is a Move-In Checklist Important?

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How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Several Factors Influence Vacancy Rates – Population growth, rental pricing, and the local job market play key roles in determining how easily a property can attract tenants. Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies. What Affects Vacancy Rates?

Landlord 147
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What to Do If You’re Facing a Rent Increase

Bay Property Management Group

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. Here are a few tips to consider.

Rent 147
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Tips to Minimize Tenant Turnover

American Apartment Owners Association

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. With renting being 40% cheaper than owning on average, ensure your pricing remains attractive.

Tenant 246