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How to Prevent the Most Common Tenant Screening Pitfalls

Real Property Management Chicago

Keeping consistency involves employing the same standards for all applicants instead of enabling emotions or personal biases to influence your decisions. As part of the application process, it is vital to gather personal and professional references from prospective tenants along with previous landlords.

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Best simple lease agreement templates for residential properties

Yardi Breeze

Having trouble finding simple lease agreement templates you can trust? The internet is full of free lease agreements, and theyre easy to find. But how can you be sure that a free lease agreement is legally compliant without hiring an attorney to review it? Is it legal to write your own lease agreement?

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Rental leasing software: A game-changer for residential landlords

Buildium

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete.

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What Is a Lease Fee, Explained

Bay Property Management Group

And then, you see a lease fee. What is a lease fee, and why is it there? Main Takeaways Lease fees cover the administrative work involved in processing applications and preparing rental agreements. Tenants should always ask about the fee’s amount, due date, and refundability before committing to a lease.

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Navigating Noise Complaints: Effective Management Solutions for Rental Properties

Beach Front Property Management

Establish Clear Noise Policies in the Lease Agreement A well-drafted lease agreement should clearly define acceptable noise levels and establish noise ordinance hours that align with local regulations. Property managers must ensure that the lease specifies designated quiet hours based on local noise ordinances.

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What is proptech? An overview for property managers

Buildium

Tenant and Lease Management Proptech tools help property managers collect and organize tenant information, process rental applications, and store lease agreements digitally. They keep track of lease start and end dates, rent increases, and renewal notifications automatically.

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What is Rent-to-Income Ratio and Why Should Landlords Care?

Bay Property Management Group

When tenants know the requirements upfront, it reduces unqualified applications, saving you time and effort in the screening process. It also helps landlords gauge the financial reliability of potential tenants so they can have a bigger sense of security in their leasing agreements.