Remove Apartment Remove Insurance Remove Lease
article thumbnail

Questions To Ask During Your Apartment Tour

Bay Property Management Group

Finding the right apartment goes beyond just liking the spaceits about knowing what to expect. Asking the right questions to ask during an apartment tour can give you a clear picture of what living there will be like. Understand the Lease Terms and Fees – A lease is a binding contract, so its crucial to clarify its terms.

Apartment 130
article thumbnail

What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

That space could be turned into a mother-in-law apartment. Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. What Is a Mother-In-Law Apartment? Why Are They Called Mother-In-Law Apartments?

Apartment 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property 200
article thumbnail

Apartment Moving Checklist: Everything You Need to Know

American Apartment Owners Association

When choosing possible relocation firms, probe client reviews, confirm their licenses and insurance, and ask for thorough in-house estimates. Typical errors include underestimating the time needed for packing, neglecting to mark boxes properly, forgetting to measure your new area, and undervaluation of moving insurance importance.

Apartment 244
article thumbnail

Why Pet-Inclusive Housing is a Win-Win for Everyone

Rental Housing Journal

Will allowing all dog breeds affect our liability insurance? Many property insurance policies do not impose breed restrictions. If your current provider does, there are alternative insurers without such limitations. Faster Leasing and Higher Occupancy Rates Properties that welcome pets experience quicker lease signings.

Insurance 119
article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

Small homes = big profits Leasing tiny homes is one of the latest trends in the rental business. They have turned carports, greenways, storage spaces and laundry rooms into entry-level apartments, sometimes in less than a year from conception to completion. All of your policies need to be incorporated into your lease.

Landlord 255
article thumbnail

Lessor vs. Lessee: How Are They Different?

Bay Property Management Group

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.