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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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.

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American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Each location has its own different requirements and details regarding rent control.

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Bay Property Management Group

DECEMBER 9, 2024

Timing is everything when it comes to renting an apartment. Your search can succeed or fail based on a number of factors, including your budget, when you plan to move in, and the constantly shifting rental market trends. So, when exactly is the best time to rent an apartment? And when are apartments cheapest?

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Bay Property Management Group

APRIL 15, 2025

Sometimes, when people rent out a space for the first time, they make mistakes. How much is the fine for renting an illegal apartment? In this guide, well walk you through what actually qualifies as an illegal unit, the penalties landlords can face, and how you can take steps to make your property compliant. Lets get into it.

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Beach Front Property Management

MARCH 19, 2025

High Rental Demand With a growing population and a high percentage of residents, Long Beach offers a strong rental market. The citys housing shortage has led to rising rents, making rental properties an attractive investment option. Competition – A high number of rental units can lead to price variations.

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American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

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American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

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Buildium

MARCH 3, 2025

Explaining the terms of the lease agreement: This should include the rent amount, the security deposit, the due dates for rent payments, and the late fees. Collecting the first month’s rent and security deposit: This should be done before the tenant moves in. Why Is a Move-In Checklist Important?

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American Apartment Owners Association

DECEMBER 16, 2024

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. With renting being 40% cheaper than owning on average, ensure your pricing remains attractive.

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Real Property Management Evertrust

SEPTEMBER 19, 2024

But renting an apartment during this chilly season comes with its own set of challenges and considerations. 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.

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Bay Property Management Group

APRIL 2, 2025

Most landlords worry about chasing late rent, getting repairs done, or dealing with difficult tenants. Its more common than you might think and can happen even in vacant rental units. Sometimes, it even happens in rental units that are sitting empty between tenants. It’s called phrogging.

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Rentals United

MARCH 31, 2025

Get started on your distribution strategy with Rentals United. At Rentals United, weve rounded up the top-tier channels you should be listing on to maximize occupancy and revenue, besides Airbnb. You can list directly on HomeToGo through a channel manager such as Rentals United. Lets explore how!

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Bay Property Management Group

MARCH 31, 2025

But you avoid HOA fees, and you can earn rental income if you rent the units out. Strong Rental Demand in Urban Areas: You can often find condos in bustling urban or suburban neighborhoods, close to workplaces, schools, and shopping spots. In turn, you can have a steadier rental income. More rent = more income!

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American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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Young Management

FEBRUARY 6, 2025

A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Keeping your rental property occupied with reliable tenants is crucial for maximizing your return on investment and minimizing the time between leases.

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Buildium

JANUARY 22, 2025

The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online. Thats what makes digital marketing property management its a way to meet your prospects where they are.

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Real Property Management Choice

OCTOBER 4, 2018

As a residential rental property owner, your goal is to add to your cash flow by increasing revenue and decreasing expenses. Often Los Angeles property owners feel that by allowing their tenants to have pets in their rental units, the property value will decrease and maintenance costs will increase so your cash flow is ultimately hurt.

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Bay Property Management Group

MARCH 3, 2025

Also, it helps pay for property damage repairs in your rental unit. How Renters’ Liability Insurance Works Lets say a fire damages your furniture, or someone breaks into your rental and steals your belongings. And if legal action is taken against you, it can even cover some of your court costs.

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BiggerPockets

JANUARY 18, 2022

What are the pros and cons of renting to pet owners? And how can you ensure that the pet is a good fit for your pet-friendly rental unit? What questions should a pet application include? Read on to find the answers to these questions—and more. .

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Buildium

JANUARY 10, 2025

Multifamily property management software is a comprehensive tool designed to help you oversee multiple rental units with less effort, whether youre focused on a single property or have a portfolio with buildings spread across several locations.

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Rental Choice

APRIL 4, 2024

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. Factors to Consider: How Much Should I Charge for Rent? Each rental unit will have a different appropriate price.

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Property Management Inc.

MARCH 13, 2025

Reducing vacancy rates isn't just about luck or timing; it's about strategy, preparation, and knowing the right moves to fill your rental units. This guide will equip you with proven techniques and insights for keeping your properties occupied, maintaining a steady rental income, and building a thriving rental business.

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Buildium

DECEMBER 20, 2024

This influx of new residents fuels demand for rental properties; and as a result, tens of thousands of rental units have been built in cities like Austin, Dallas, and Houston over the last several years. But due to this flood of new construction, rent growth and occupancy rates have recently floundered in these big-name cities.

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Florida Property Management

APRIL 2, 2022

The Pros and Cons of Rent Control Policies Research by the Harvard Joint Center for Housing Studies (JCHS) found that although 6.7 million housing units were added to the market between 2005 and 2015, the vast majority of those homes were designed to accommodate only the smallest and wealthiest portion of the rental population.

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Rental Choice

MARCH 5, 2024

The rental market rapidly increased during 2021 and 2022. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. This slowing demand has stabilized the rental market after 18 months of turbulence.

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Appfolio

JULY 13, 2020

After rent price and apartment features, 54% of renters said the community’s appearance played a role in their decision to visit a community, according to the NMHC / Kingsley Associates Renter Preference Report. If you’re comparing your property to others on the market, make sure you only compare your units to those that are similar.

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American Apartment Owners Association

FEBRUARY 6, 2025

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

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Authority Property Management

JUNE 16, 2024

Discover Why Local Insights Outperform Online Algorithms for Reliable Rent Valuations When it comes to renting out properties in Redding, CA, and the surrounding areas, property owners and landlords often turn to Zillow’s Rent Zestimate ® tool for guidance. This substantial price difference skews the overall rental estimates.

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Florida Property Management

FEBRUARY 9, 2024

Introduction: Rent control, often touted as a solution to housing affordability, has been a contentious topic in policy debates for decades. The premise seems simple: cap rents to make housing more affordable for low-income individuals and families. Allocation Inefficiency: Rent control often results in misallocation of housing units.

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Real Property Management Chicago

JUNE 24, 2022

These days, proptech has clearly started to include a wider range of technologies , such as: Big data and analytics Blockchain Software as a Service (SaaS) Internet of Things (IoT) Virtual reality (VR) and augmented reality (AR) The point of proptech is to make the process of buying, selling, and renting property effortless and more efficient.

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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. While trusting your instincts is important, not screening tenants thoroughly can lead to issues like late rent payments, property damage, or even legal disputes.

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Real Property Management California Coast

APRIL 8, 2019

According to Curbed LA , Inglewood will impose an immediate 5 percent cap on rent increases for any apartment buildings and duplexes built before February 1, 1995. As California landlords continue to price out tenants, displacement rates have spiked, causing city officials to begin implementing rent control across the region.

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American Apartment Owners Association

AUGUST 7, 2022

Unpaid rent is the primary reason to evict a tenant. However, you cannot ask them to pack their bags at a moments notice because you did not receive their rent payment. A formal written pay rent or quit (move out) notice will serve as your tenants heads up. in a rental unit. When should you evict a tenant?

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American Apartment Owners Association

AUGUST 7, 2022

Unpaid rent is the primary reason to evict a tenant. However, you cannot ask them to pack their bags at a moments notice because you did not receive their rent payment. A formal written pay rent or quit (move out) notice will serve as your tenants heads up. in a rental unit. When should you evict a tenant?

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Authority Property Management

JULY 12, 2022

Most times, people are sold on the benefits of owning a home, but they are rarely told about the merits of renting. Buying a home or renting one has its merits and demerits, and regardless of the choice you make, it’s important to consider these factors when making the final decision.

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Property Management Inc.

NOVEMBER 26, 2024

Discovering that you're renting an illegal apartment can be a stressful and unsettling experience. How much is the fine for renting an illegal apartment, and what does it mean for you? Illegal apartments are rental units that don't meet local building or zoning regulations. What Is an Illegal Apartment?

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