Remove Maintenance Remove Rental Property Remove Rental Unit
article thumbnail

How to find the best rental property accounting software for landlords

Buildium

Managing rental properties involves more than just collecting rent and maintaining the property. One of the most important aspects of property management is keeping track of financial transactions, monitoring expenses, and ensuring taxes are filed correctly.

article thumbnail

Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap.

article thumbnail

What Is Vacancy Loss & How to Calculate It

Bay Property Management Group

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
article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

Because of their size, tiny homes are simple to maintain andare less expensive than larger ones in terms of taxes and building, heating, maintenance and repair costs.Renters, property owners and managers have fewer maintenance and repairs to deal with since there is less area to look after.In Can tenants have parties or pets?

Landlord 255
article thumbnail

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. You can then assign and track each maintenance ticket through completion.

article thumbnail

How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Common Landlord Mistakes Can Increase Vacancy Rates – Setting rent too high, neglecting marketing, and ignoring maintenance requests can all contribute to longer vacancy periods. Proactive management, market research, and tenant-focused practices help keep occupancy rates high and rental income steady.

Landlord 147