Remove Rent Remove Single-Family Home Remove Utilities
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Are Utilities Included in the Rent, Explained

Bay Property Management Group

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more.

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What is a Duplex?: A Guide for Real Estate Beginners

Bay Property Management Group

Article Contents Key Features of a Duplex Benefits of Investing in Duplexes Tips for Buying and Renting Out a Duplex Key Features of a Duplex What is a duplex, anyway? property management companies often manage duplexes, so we can walk you through the biggest features that differentiate this multi-family property from other housing types.

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Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

But you avoid HOA fees, and you can earn rental income if you rent the units out. Pros Lower Purchase Price: Condos usually cost less to buy than single-family homes or duplexes. Rent Out or Sell Easily: If your HOA allows for it, you can rent out your condo for passive income. More rent = more income!

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Don’t get caught off-guard: Forecasting tips for on-time, on-budget rental property maintenance

Buildium

For example, large apartment buildings often see higher tenant turnover and increased utility usage across multiple units, resulting in more frequent maintenance needs compared to single-family homes. Conversely, energy-efficient utility upgrades could lower anticipated repair costs.

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The Property Manager’s Guide to Rental Property Laundry

Lula

For those of you who manage single-family homes, hang on! You can either purchase or rent washing machines and dryers yourself and make them available to your apartments’ tenants, or you can enter an agreement with a laundry room equipment vendor. Should You Purchase or Rent Laundry Equipment?

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Who Should Pay Rental Utilities, the Renter or Landlord?

Florida Property Management

Florida rental properties are all different, and landlords are free to decide whether they will pay for the utilities in an investment home or whether their tenants will be responsible for those costs. Residents who rent single-family homes often expect they’ll have to call the electric company and the water company to set up service.

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A Comprehensive Approach to Multi-Family Property Investments

Real Property Management Chicago

There are numerous advantageous aspects to this type of investment: By collecting rent from a large number of tenants and offsetting vacancy expenses, it is possible to generate greater returns with multiple units. Additionally, private loans or home equity lines of credit may be viable alternative financing options to consider.