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Everything You Need To Know About Lease Renewals

Rental Choice

A lease renewal is a common part of renting. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. What is a Lease Renewal? A lease renewal is an agreement between the tenant and the landlord to renew the lease. Lease Renewal.

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Buying a Second Home and Renting Out the First: A Guide

Bay Property Management Group

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

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Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

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? Good question.

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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.

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10 Key Lease Negotiation Tactics for Managing Commercial Properties

Beach Front Property Management

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.

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Rules for Renting a Room in Your House You Should Know

Bay Property Management Group

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.

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Important Lease Clauses For Landlords

Beach Front Property Management

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. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Decide how you prefer to collect rent.

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