Real Property Management Evertrust

SEPTEMBER 19, 2024

If you are looking for a rental apartment in Portland, Maine, during the winter months, it’s crucial to understand how the season affects apartment hunting, living conditions, and utilities. Expect Higher Utility Bills: Heating Costs in Maine Maine winters can be harsh, with temperatures often dropping below freezing.

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Real Property Management Evertrust

OCTOBER 7, 2024

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. This can lead to tenants pushing boundaries—whether it’s paying rent late, violating the lease terms, or making unreasonable maintenance requests.

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Bay Property Management Group

DECEMBER 11, 2024

So, you should find a sweet spot to retain tenants and keep the units occupied. You can achieve this by offering incentives to tenants who want to extend their leases, managing your property well, and setting competitive prices for your rental apartments to draw in new tenants.

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American Apartment Owners Association

AUGUST 7, 2022

Increased insurance premiums, taxes and/or utilities. The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease.

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Compliance Rent Lease Agreement Landlord 130

American Apartment Owners Association

AUGUST 7, 2022

Increased insurance premiums, taxes and/or utilities. The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease.

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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.

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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.

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American Apartment Owners Association

NOVEMBER 2, 2022

Various fees you charge, such as for the tenant to have a pet or date payments, could also contribute to your rental propertys gross income. These could include property taxes, insurance, repairs, utilities and property management fees if you hired a company to take care of your property for you.

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American Apartment Owners Association

NOVEMBER 2, 2022

Various fees you charge, such as for the tenant to have a pet or date payments, could also contribute to your rental propertys gross income. These could include property taxes, insurance, repairs, utilities and property management fees if you hired a company to take care of your property for you.

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Rental Property Property Real Estate Tenant 130

Florida Property Management

JULY 5, 2019

Reasons to Evict a Florida Tenant Causes for terminating a tenancy include failure to pay rent, violation of a lease or rental agreement, and illicit activities. Seven Day Notice to Cure: This type of notice applies in situations where a tenant has violated their lease or rental agreement, and the violation can be corrected, or “cured.”

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RL Property Management

DECEMBER 23, 2024

Energy-efficient upgrades like LED lighting, smart thermostats, and high-efficiency appliances not only reduce utility bills but also cater to the growing demand for sustainable living options. Incentives for Long-Term Leases: Offering perks is a great way to reduce turnover and ensure steady income. Are tenants renewing leases?

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MRI Software

SEPTEMBER 10, 2024

Multifamily operating expenses are the regular costs that come with running and maintaining a rental property. These can range from maintenance and repairs to utilities, insurance, and payroll. Multifamily operating expenses per unit One way to keep track of your expenses is by looking at the cost per unit.

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Insurance Utilities Maintenance Property Management 52

Nest DC

JUNE 9, 2023

While charging more than a month's rent is not an option, charging less is an option that some property owners make in order to attract renters to their rental unit. As such, we recommend making the list in your lease comprehensive. Our team of experts will help you maximize your ROI and ensure the success of your rental!

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Landlord Tenant Rental Unit Lease 52

InveServe

OCTOBER 28, 2024

As we look ahead to 2025, several key trends are shaping the future of the multifamily rental market in this vibrant region. This trend is expected to continue in 2025 , as the region’s population growth and economic vitality fuel the need for quality rental units. Here’s how InveServe Corp.

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Authority Property Management

DECEMBER 3, 2015

In compliance with their rental agreement, previous tenants are required to leave a rental property clean, free from debris and in the same order when first occupied. Property managers inspect previously leased units and issue tenant deposits once rentals pass move-out inspections.

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Authority Property Management

JUNE 16, 2024

Unfurnished Matters One significant flaw in Zillow's Rent Zestimates® is the failure to differentiate between furnished and unfurnished rental units. In Redding, furnished rentals typically command an additional $500 to $1,000 per month compared to unfurnished units.

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Authority Property Management

JULY 20, 2021

This includes the cost of rent for a rental property plus essential utilities such as water, gas, and electricity. Gross rent does not include non-essentials such as, internet, cable or satellite, and telephone utilities. More so, contract rent is the rental payment that’s agreed upon in the lease.

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RL Property Management

NOVEMBER 25, 2024

Energy-efficient upgrades like solar panels, LED lighting, and high-efficiency HVAC systems not only lower utility bills but also appeal to eco-conscious tenants who prioritize sustainability. These tenants are often willing to pay a premium for rental units with lower utility costs and environmentally friendly features.

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Authority Property Management

JULY 12, 2022

If you ever feel like you’ve had enough of a particular place, it’s a lot easier to break a lease, and move across the country than it is to sell a house. Utilities One of the advantages of renting is that you might end up not having to pay for utility costs. Renting gives you the freedom to choose where you would want to live.

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MRI Software

SEPTEMBER 5, 2024

High occupancy rates ensure a steady rental income, which is essential for covering operational costs and generating profit. This steady income helps you manage maintenance, utilities, and staff salaries effectively. Lease terms Flexible lease terms can also influence occupancy rates.

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Authority Property Management

AUGUST 3, 2024

Key provisions include: Extended Notice Periods: Increasing the notice period for evictions and lease terminations. Political and Legal Impact Regulatory Compliance: Landlords will need to navigate a more complex regulatory environment, necessitating legal consultations and possible revisions of lease agreements.

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Authority Property Management

JULY 5, 2024

Utilities disconnected or unpaid. Include clear clauses in your lease agreements regarding the handling of abandoned property. Conduct regular property inspections to stay informed about the condition of your rental units. Some common indicators include: Unpaid rent and no communication from the tenant.

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Property Management Inc.

NOVEMBER 26, 2024

State the reason for termination explicitly, using legally recognized grounds like non-payment of rent, lease violation, or property damage. Similarly, eviction control laws may require that you provide a justified reason for eviction, such as non-payment of rent or violation of lease terms. Ambiguity could open the door to challenges.

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Real Property Management Choice

JULY 4, 2024

Here are some tips on how you can streamline the processes and ensure the entire system of choosing a move-in date, signing the lease, conducting the inspection, and welcoming tenants into their new home is a breeze. Review and Discuss Your Gardena Lease Agreement Go over the terms of the lease with your tenant.

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MRI Software

DECEMBER 7, 2024

Energy-efficient appliances: These can lower utility costs, making your property more eco-friendly and attractive to tenants who are looking for savings on utilities. Lets say you own a multifamily property where the rental units are older, and youve noticed your tenants complaining about the outdated appliances and poor security.

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Real Estate Finance Tenant Contractors 52

MRI Software

DECEMBER 13, 2024

Adaptability: Use ADUs as rental units, guest housing, or even office spaces for remote workers. How can multifamily ADUs increase rental income and property value? Rental income grows significantly with each ADU you add. Fire safety and utility requirements are also key. appeared first on MRI Software.

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Single-Family Home Rental Income Finance Regulation 52

Property Management Inc.

FEBRUARY 10, 2025

Here are the specific conditions: At the end of a lease term: Rent can only be increased once a lease term ends. Landlords like you cannot raise the rent during the middle of a lease unless it’s explicitly stated in the rental agreement. Managing rental properties and lease agreements.

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Rent IT Regulation Compliance 40

Nest DC

JANUARY 4, 2024

In this comprehensive guide, we delve into the less obvious, yet significant risks that come with having a vacant rental unit. Utility Costs Even though no one is living on your property, you might still need to pay for basic things like electricity, water, or heating. It can also be a magnet for a host of unforeseen issues.

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Rental Property Property Insurance Maintenance 52

MRI Software

MARCH 5, 2025

Multifamily investment, on the other hand, involves purchasing buildings with multiple rental units leased to long-term tenants. Multifamily investing requires a focus on tenant acquisition, lease agreements, and ongoing property maintenance to ensure steady cash flow.

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Real Property Management Choice

JUNE 6, 2024

Upgrade to energy-efficient models that not only look great but keep utility bills in check. So, invest in smart home devices that help you regulate the amount of energy that’s being used in your rental unit or building. Pet owning tenants are more likely to renew their lease agreements. You can charge pet rent.

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Tenant Rental Property Rent Single-Family Home 52

Property Management Inc.

NOVEMBER 26, 2024

Navigating the complexities of property management can be challenging, especially when a tenant decides to break their lease. As a landlord, understanding what to do if your tenant breaks their lease is crucial for maintaining smooth operations and minimizing financial losses.

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Authority Property Management

FEBRUARY 5, 2021

You cannot, for example, try to evict the tenant by changing the locks, removing exterior doors and windows, cutting off utilities, locking the tenant out or other “self-help” eviction tactics. These include the nonpayment of rent, excessive property damage, illegal property use, repeated lease violations and illegal use of the property.

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Authority Property Management

OCTOBER 26, 2020

Read this helpful article to learn more about the specifics of security deposits for rental units in California. Security Deposits In California, landlords must pay attention to the following guidelines when dealing with security deposits: A landlord can collect 2 months of rent as a security deposit for an unfurnished unit.

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Rental Housing Journal

JANUARY 5, 2025

com , “If you’re trying to figure out what units are going for in a competitive area, figuring out the floor plans, the relevant levels of amenities, the square footage, all the things that factor into how valuable an apartment is, that’s a huge undertaking. And that information, in most cases, is not public.

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