Bay Property Management Group

DECEMBER 30, 2024

Considering renting out your house? Read on to understand the process of renting out your house and avoid potential hiccups. Read on to understand the process of renting out your house and avoid potential hiccups. Renting out your house can give you several benefits. There are many reasons you could be here.

Rent 147

Rent Lease Agreement Lease Landlord 147

Buildium

DECEMBER 30, 2024

If youre new to property management taxes, there could be some big mistakes youre making that could cost you or your owners money. Check out these six property management tax mistakes to see if youre guilty of making themand how to remedy them moving forward. If you rent equipment or vehicles, the rent you pay is fully deductible.

Property Manager 245

Property Manager Property Management Management Property 245

Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent 130

Rent Landlord Tenant Lease 130

Osprey Property Management

OCTOBER 15, 2024

Being a real estate investor is all well and good when the rental income comes in every month on the dot, but what if you have a vacant property? All property investors dream of long-term rental periods with quality residents, but it's equally important to consider and prepare for the worst.

Rental Property 225

Rental Property Property Rental Income Real Estate 225

Bay Property Management Group

NOVEMBER 19, 2024

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? In some areas, that demo can be quite large.

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Lease Agreement Lease Rent Property Management 147

Bay Property Management Group

JANUARY 8, 2025

Landlords check it during the tenant screening process to confirm if the tenant is reliable to pay the rent. Although landlords’ criteria may vary, there are general trends you should look at when you assess the minimum credit score required to rent a house. What Is Considered the Minimum Credit Score to Rent a House?

Rent 147

Rent Landlord Tenant Property Management 147

Bay Property Management Group

DECEMBER 1, 2024

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.

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Rent Landlord Property Management Property Manager 147

Buildium

DECEMBER 17, 2024

Property managers are engaged in a service business, which means theyre entitled to the full array of business-related tax deductions. Property management tax deductions can really add up. So what else can property managers deduct from their taxes? Weve rounded up ten of the most common property management tax deductions: 1.

Property Manager 246

Property Manager Property Management Management Property 246

Fourandhalf

JANUARY 16, 2025

Fourandhalfs Marie Tepman, Interviewed by Marc Cunningham on the PM Build Property Management Business Podcast Marc Cunningham, from Grace Property Management and PM Build, invited Marie onto his podcast to talk about artificial intelligence (AI) and its role in property management marketing. Heres what was discussed.

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Property Management Property Manager Management Property 222

BetterWho

NOVEMBER 26, 2024

Are Rent Prices Going Down? Understanding the Rental Market Trends Rent prices are a hot topic for both property managers and renters. With economic fluctuations and market shifts, the question arises: Are rent prices going down ? What’s Driving Changes in Rent Prices? Learn more in this BetterWho blog post.**

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Property Management Property Manager Rent Management 130

Bay Property Management Group

JANUARY 7, 2025

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.

Rent 147

Rent Lease Tenant Lease Agreement 147

BetterWho

SEPTEMBER 21, 2024

High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Keep the property modern and appealing.

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Property Manager Property Management Tenant Management 233

Bay Property Management Group

DECEMBER 9, 2024

Timing is everything when it comes to renting an apartment. Since rent prices typically rise and fall in predictable seasonal patterns, knowing the best time to find an apartment could save you money and unlock better options. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

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Apartment Rent Regulation Lease 147

Real Property Management Chicago

NOVEMBER 22, 2024

The swift change in the rental property management industry is no surprise. All of these factors, taken together, have lastingly altered the property management landscape. What then drives property management going forward? As a professional in the industry, staying ahead of the trends is imperative.

Property Management 241

Property Management Property Manager Management Property 241

Buildium

OCTOBER 28, 2024

Like many small property managers, you probably want to grow your business. That means staying on top of industry trends and knowing where the real opportunities lie—all covered in the 2025 Property Management Industry Report. For small property managers, finding new customers can be challenging in a competitive market.

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Property Management Property Manager Management Property 246

Real Property Management Chicago

NOVEMBER 8, 2024

Assuming that you own a rental property, the likelihood is that you’ve considered hiring a property management company sometime in the past. However, even more than that, when you hire property management experts, you can acquire benefits and expertise that numerous do-it-yourself landlords lack. And it’s a reasonable thought.

Professional Property Management 243

Professional Property Management Property Management Property Manager Management 243

Osprey Property Management

NOVEMBER 26, 2024

If you're a property owner looking to improve the return on investment (ROI) on your rental property, the right upgrades can work wonders. With a desirable rental home in excellent condition, quality tenants are more likely to pay a higher rent and stay longer, reducing your turnover costs.

Rental Property 211

Rental Property Tenant Property Property Management 211

Genuine Property Management

FEBRUARY 2, 2024

Single family residences including condos are exempt from California Statewide Rent Control, AB-1482, if: Proper notice of exemption is given to the tenants and; Owner is not a Real Estate Investment Trust, Corporation, or LLC where an owner is a Corporation.

Rent 130

Rent Real Estate Property Management Property Manager 130

Rental Choice

DECEMBER 31, 2024

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent.

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Landlord Rent Lease Agreement Tenant 130

Genuine Property Management

FEBRUARY 1, 2024

Therefore, effective August 1, 2022, and through July 31, 2023, for residents that are NOT subject to any local rent control limits, you may increase rent in Orange County by 10%. If you have already increased […] The post Rent Increase is Now 10% appeared first on Welcome to Genuine Property Management.

Rent 130

Rent Property Management Property Manager Management 130

American Apartment Owners Association

DECEMBER 20, 2024

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment. reducingthe chances of legal disputes or penalties.

Property Management 214

Property Management Property Manager Tenant Management 214

Beach Front Property Management

SEPTEMBER 25, 2024

Timely rent payments and an efficient collection system are essential to a successful rental property. So, how can property owners ensure on-time payments? With advancements in rental technology, offering online rent collection has become easier than ever. Using online rent collection effectively reduces human errors.

Rent 130

Rent Property Management Property Manager Property Management Software 130

Osprey Property Management

JANUARY 2, 2025

Renting out property can be profitable, but it carries certain risks that traditional homeowners' insurance might not cover. This specialized kind of policy is tailored to protect property owners who rent out one or more residential homes, apartments, or condos. That's where landlord insurance comes into play.

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Insurance Landlord Apartment Rent 235

Genuine Property Management

FEBRUARY 1, 2024

The City of Santa Ana just enacted the Rent Stabilization and Just Cause Eviction Ordinance to regulate rent increases and evictions for nearly all rental properties and mobile home spaces.

Rent 130

Rent Rental Unit Regulation Landlord 130

Appfolio

MARCH 16, 2021

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . I think it does allow your property manager to say, ‘I’m willing to fight another day.’”. Employee retention.

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Property Management Property Manager Management Property 289

Real Property Management Chicago

APRIL 4, 2024

Developing a dependable rent collection plan is imperative for rental property owners. In addition to setting the right rental price, managing rent payments stands as a key decision for property owners. We’ll look into the best practices for gathering rent from tenants and outline the tactics to avoid.

Rent 130

Rent Property Management Property Manager Lease Agreement 130

American Apartment Owners Association

SEPTEMBER 5, 2024

This article was contributed by DoorSpot property management software. Managing rental properties can be both rewarding and challenging. One of the biggest headaches landlords face is making sure rent is collected on time, every time. Here are seven best practices to improve your rent collection process.

Rent 130

Rent Tenant Landlord Property Management 130

American Apartment Owners Association

DECEMBER 2, 2024

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Critics, however, argue that targeting rent algorithms is a distraction from the root cause of rising housing costs: a lack of supply. They’re here.”

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Rent Attorney Applications Applicants 130

Beach Front Property Management

DECEMBER 18, 2024

Should you rent or own a home? Renting often comes with lower annual costs, as residents are not responsible for property maintenance or significant repairs. Here, we will learn about owning vs renting in detail. No property taxes : Unlike homeowners, residents do not bear the burden of property taxes.

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Rent IT Maintenance Utilities 130

Rentec Direct

NOVEMBER 8, 2024

Automatically email customized rent receipts to tenants using Rentec Direct property management software to streamline the payment process, ensure tenants receive confirmation of payment, and help property managers and landlords stay in compliance.

Tenant 130

Tenant Rent Property Management Software Compliance 130

Genuine Property Management

FEBRUARY 2, 2024

Here are the five most important rent control laws that come into effect at various times in 2024. Security deposits Tenants will no longer have to pay two months’ rent as a security deposit. A new bill caps the amount a landlord can charge to just one month’s rent.

Rent 130

Rent Landlord Property Management Property Manager 130

Bay Property Management Group

DECEMBER 10, 2024

Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. Instead, value addition is the best strategy to increase rental income since it allows you to improve your property and services without simply raising rent. But dont stop there!

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Rental Income Rent Multi-Family Building Landlord 130

Rental Housing Journal

JANUARY 14, 2025

Zillow predicts in 2025 that rent concessions will decline and more rental properties will become pet-friendly. Apartment renters enjoyed a relatively friendly market in 2024, at least compared to the record rent growth seen in 2022, Zillow said in the report.

Rent 104

Rent Apartment Property Management Property Manager 104

Beach Front Property Management

OCTOBER 23, 2024

Two popular options are flipping houses and renting out properties. On the other hand, renting out properties provides steady, long-term income through monthly rent, but it comes with ongoing responsibilities, like maintenance and resident management. What is House Flipping? What is Renting?

Real Estate 130

Real Estate Rent Contractors Property Management 130

Buildium

DECEMBER 15, 2024

Lets take a look at what bonus depreciation actually means for property managers, what qualifies for a deduction, and the easiest way to start saving. In the eyes of the IRS, many assets, including rental properties, depreciate over time due to wear and tear, along with other factors. How does this benefit you as a property manager?

Property Manager 246

Property Manager Property Management Management Property 246

Buildium

NOVEMBER 5, 2024

Property managers are going to be busy in 2025. According to our 2025 Property Management Industry Report , 91% of property managers we surveyed plan to expand their portfolios in the next two years. With so much on the horizon for property managers, property management tax reporting, may be the last thing on their minds.

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Property Management Property Manager Management Property Management Software 227

American Apartment Owners Association

DECEMBER 2, 2024

Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

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Rent Landlord Property Maintenance IT 130