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 246

Tenant Property Management Property Manager Lease 246

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? Good question.

Lease 147

Lease Insurance Commercial Property Utilities 147

Real Property Management Evertrust

NOVEMBER 7, 2024

Who is responsible for this task – you or your tenant?  Some may even prohibit what kinds of road salt or other deicing materials you can utilize on your walkways and driveways. Yet, for single-family rental homes, many owners and landlords can delegate the task of snow removal to the tenant.

Tenant 228

Tenant Landlord Property Management Property Manager 228

BetterWho

FEBRUARY 26, 2025

The primary goal is to increase efficiency, reduce operational costs, and improve tenant satisfaction. LetHub LetHub offers AI-powered leasing tools that automate tenant screening and lead management. Nest Thermostats Nest utilizes AI to learn user preferences and adjust heating and cooling systems accordingly.

Property Management 130

Property Management Property Manager Management Property 130

Bay Property Management Group

MARCH 24, 2025

There are several business models investors can explore, including owner-operator, lease arbitrage, and management models. Tenants get their own private bedroom, often with its own bathroom. Unlike regular rentals, coliving usually comes with short-term lease options. How Does Coliving Work?

Real Estate 130

Real Estate Lease Fixed Fee Tenant 130

Appfolio

JULY 13, 2020

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

Lease Applications Applicants Property Management 264

Rental Housing Journal

NOVEMBER 26, 2024

Ohio legislators are considering a bill to make tenants responsible for unpaid utility bills and other municipal bills, and to allow cities to collect unpaid bills directly from renters, according to reports. Johnson said the current system does not only negatively affect landlords but can also result in higher costs for tenants. “It

Utilities 98

Utilities Landlord Tenant Apartment 98

Bay Property Management Group

FEBRUARY 11, 2025

Understand the Lease Terms and Fees – A lease is a binding contract, so its crucial to clarify its terms. Ask about the lease duration, renewal process, rent amount, additional fees, and policies on subletting or early termination. Are Utilities Individually Metered? What Is the Lease Duration?

Apartment 130

Apartment Lease Rent Insurance 130

Bay Property Management Group

MARCH 13, 2025

Have you ever wondered how to quickly assess whether a tenant can afford your rental property? The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. This quick calculation gives landlords a clear picture of whether the tenant can afford the rent.

Landlord 130

Landlord Rent Tenant Property Management 130

RL Property Management

MARCH 25, 2025

Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. And all too often, it starts with a rushed screening decision or a poorly written lease. A well-written lease is your safety net. Check it out here.

Lease Agreement 59

Lease Agreement Lease Landlord Property Management 59

Esquire Property Management Group

FEBRUARY 13, 2025

Triple net NNN leases seem to be all the rage for real estate investors. Real estate investors exhibit significant interest in triple net leases for several reasons. The reality is clear: triple net leases are seldom as unequivocal as they first seem. What is a Triple Net Lease and Why are they Desirable?

Lease 64

Lease Landlord Real Estate Tenant 64

Bay Property Management Group

FEBRUARY 16, 2025

They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). It describes someone who leases out a property or asset to someone else.

Lease Agreement 130

Lease Agreement Lease Insurance Tenant 130

American Apartment Owners Association

DECEMBER 9, 2024

Landlords navigating the rental landscape understand the pivotal role that visibility plays in securing the right tenants. As property markets evolve, the competition for tenants becomes fiercer, making it essential for landlords to master the art of maximizing visibility for their rental property listings. Need a Lease Agreement?

Property Listing 244

Property Listing Rental Property Property Media 244

Bay Property Management Group

APRIL 11, 2025

In this article, well break down what being a co-applicant really means, how its different from a co-signer, what the landlord looks for, and the good (and not-so-good) things you need to know before you sign that lease with someone. They share responsibility for fulfilling the lease terms. Main Takeaways What is a co-applicant?

Applications 130

Applications Applicants Lease Rent 130

American Apartment Owners Association

JANUARY 27, 2025

These factors can affect a propertys value and its appeal to tenants. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. That means that if one tenant moves out, you will still receive income from the other tenants.

Property 200

Property Insurance Rental Income Real Estate 200

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

Lease 52

Lease Landlord Lease Agreement Property 52

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. Verifying income helps you find tenants who are financially stable and trustworthy. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. But how do apartments verify income?

Apartment 130

Apartment Landlord Tenant Rent 130

Bay Property Management Group

JANUARY 26, 2025

After all, youre managing tenants, maintaining the property, and, of course, getting income. But generally, any money you getwhether its from monthly rent, advance payments, or even services tenants provide instead of rentmust be reported to the IRS and your local tax authorities. Read below to learn more! Is Rental Income Taxable?

Rental Income 130

Rental Income Landlord Utilities Insurance 130

Bay Property Management Group

NOVEMBER 26, 2024

Whether your family is growing or you must relocate for work , you may have to break your lease early. For instance, you can give proper notice and also find someone to take over your lease. Today, we’ll go through the process of transferring your lease to a new tenant and tips for finding the right candidate.

Lease 130

Lease Lease Agreement Property Management Property Manager 130

Real Property Management Evertrust

JANUARY 9, 2025

The advancement of modern tech has rendered property management more efficient, accessible, and responsive, from automating routine tasks to enhancing tenant communication. Tenant Portals Simplify Communication and Payments The period of collecting paper checks or cash from your renters has ended.

Property Management 241

Property Management Property Manager Management Property 241

Bay Property Management Group

APRIL 2, 2025

Most landlords worry about chasing late rent, getting repairs done, or dealing with difficult tenants. Signs to Watch For : Look out for unexplained noises, unlocked doors or windows, personal items that dont belong, or unexpected spikes in utility bills. They might be secretly living there, even between leases.

Real Estate 130

Real Estate Tenant Insurance Landlord 130

Bay Property Management Group

JANUARY 20, 2025

Separate Utilities: Many times, each unit can have its own utility meters for water, electricity, and gas. Since each unit has separate utilities, tenants are only responsible for paying for their own usage. So, you can get more square footage, and more tenants to rent from, for a potentially lower price.

Real Estate 130

Real Estate Single-Family Home Regulation Utilities 130

Beach Front Property Management

SEPTEMBER 26, 2024

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. Numerous websites offer customizable lease templates that let you tailor clauses.

Lease 130

Lease Landlord Lease Agreement Insurance 130

Bay Property Management Group

MARCH 14, 2025

What is Inflation and How Does It Work As the most trusted property managers in Washington, DC, we monitor inflation trends so that property owners and tenants alike can navigate rising costs. Then, if you pass these extra costs onto tenants, the rent may have to go up even more. So, what exactly is inflation?

Rental Property 130

Rental Property Property Property Management Property Manager 130

Esquire Property Management Group

FEBRUARY 10, 2025

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing.

Commercial Property 64

Commercial Property Lease Property Government 64

American Apartment Owners Association

DECEMBER 9, 2024

Implement effective tenant screening processes. Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. Implementingbest practicesfor tenant screening can greatly impact your investment’s success.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

Buildium

JANUARY 22, 2025

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. By improving your website’s visibility, you can attract more organic traffic and potential tenants. So how do you choose the ones to focus on?

Property Management 130

Property Management Property Manager Management Media 130

Buildium

MARCH 19, 2025

Rental income includes all the payments you receive from tenants. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. Heres a quick breakdown of those definitions. What Counts as Rental Income?

Rental Property Management 130

Rental Property Management Property Management Property Manager Rental Property 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? Read below for more information.

Lease 130

Lease Lease Agreement Landlord Applications 130

American Apartment Owners Association

AUGUST 7, 2022

Evicting a tenant is never easy, but it can be an unfortunate part of your job as a landlord. Your tenants have rights and any violation of them could extend the eviction process longer than it should. Keep reading to understand how and when to (properly) evict a tenant. When should you evict a tenant?

Tenant 130

Tenant Lease Attorney Rent 130

American Apartment Owners Association

AUGUST 7, 2022

Evicting a tenant is never easy, but it can be an unfortunate part of your job as a landlord. Your tenants have rights and any violation of them could extend the eviction process longer than it should. Keep reading to understand how and when to (properly) evict a tenant. When should you evict a tenant?

Tenant 130

Tenant Lease Attorney Rent 130

Bay Property Management Group

MARCH 2, 2025

Meanwhile, g roceries, utilities, insurance, phone bills, and entertainment expenses don’t typically count as debt. Once youve secured a property and have tenants ready to move in, our comprehensive services can step in to handle virtually every aspect of day-to-day rental management. What Counts as Debt (and What Doesnt)?

Insurance 147

Insurance Real Estate Applications Applicants 147

Real Property Management Chicago

NOVEMBER 22, 2024

In the near future, virtual assistants may even be able to perform tasks such as tenant screening, contract drafting, and much more. They can answer tenant inquiries and requests promptly. Blockchain in Leasing Digital finance tools are already streamlining rent payment processes and record-keeping tasks.

Property Management 242

Property Management Property Manager Management Property 242

Bay Property Management Group

JANUARY 27, 2025

Although the landlord may check your credit, they may be more flexible about your score since an established tenant is already taking on some of the rental responsibilities. Typically, they’ll sign the lease with you, even though they wont be living in the apartment.

Rent 130

Rent Landlord Applications Applicants 130

American Apartment Owners Association

SEPTEMBER 30, 2024

Ever wondered about the difference between squatters and tenants? Defining Squatters’ Rights vs Tenants’ Rights Whether you’re a property owner, tenant, or simply interested in property law it’s good you understand these distinctions between squatters rights and tenants rights.

Tenant 130

Tenant Landlord Property Maintenance Lease Agreement 130

American Apartment Owners Association

SEPTEMBER 30, 2024

Ever wondered about the difference between squatters and tenants? Defining Squatters’ Rights vs Tenants’ Rights Whether you’re a property owner, tenant, or simply interested in property law it’s good you understand these distinctions between squatters rights and tenants rights.

Tenant 130

Tenant Landlord Property Maintenance Lease Agreement 130

American Apartment Owners Association

JANUARY 29, 2025

Its the best of both worlds: Its simple enough to utilize without an accountant but packed with enough features to handle the many ins and outs of financial reporting and preparing tax documents. Ledgre is an accounting software built specifically for managing rental properties. Thats where property management software comes in.

Landlord 130

Landlord Property Management Software Finance Property Management 130