Rental Housing Journal

JULY 8, 2025

By Michael Coleman and Faris Babineaux Associates, Haynes Boone As of May 7, 2025, Washington state has a new rent control law under House Bill 1217. Washington is now the third state in the country with a statewide rent cap, joining California and Oregon. It only applies to increases on or after that date.

Rent

Beach Front Property Management

APRIL 16, 2025

From verifying financial stability to checking rental history and conducting background checks, property managers follow a structured process to make informed decisions. The primary objective is to ensure whether an applicant is likely to fulfill lease obligations and maintain the property responsibly or not. Here is the process: 1.

Property Management

Buildium

JUNE 16, 2025

Communication automation tools reduce the need for manual touchpoints while still keeping tenants, owners, and vendors informed. Leasing and Application Automation Tools Leasing automation goes beyond streamlining applications to support the entire prospect-to-tenant journey, helping teams move faster while maintaining thorough vetting.

Property Management

Real Property Management Evertrust

JULY 17, 2025

Renting a new home can be motivating, whether it’s your first rental home or just one of the many. But during the chaos of applications and packing, it’s easy not to see all the extra costs associated with that new set of keys. Let’s check out what you need to learn about the cost of renting, utilities for renters, and more.

Utilities

Buildium

MAY 29, 2025

It refers to the growing field of digital tools, software, platforms, and innovations designed to improve the way we buy, sell, rent, and manage real estate. Tenant and Lease Management Proptech tools help property managers collect and organize tenant information, process rental applications, and store lease agreements digitally.

Property Management

Buildium

APRIL 23, 2025

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. Fortunately, AI can read and extract critical information from leases for you in seconds.

Property Management

Buildium

JUNE 16, 2025

Digital Lease Generation and E-Signing Once an applicant is approved, the lease agreement is auto-generated using a template populated with data from their application. Automated notifications keep everyone informed without manual follow-up. Auto-Charge and Auto-Pay Options Recurring rent charges are generated monthly.

Property Management

Bay Property Management Group

MARCH 28, 2025

To confirm personal information and identity Landlords need to make sure their property is in good handsand part of that is making sure potential renters are being truthful. Well, heres the thingtheres no federal law that says landlords have to run background checks on apartment applicants. What Can Cause a Tenant to Be Denied?

Apartment

Buildium

MAY 29, 2025

Collecting Rent and Managing Finances: Less Stress, More Consistency Before: Late Checks and Manual Spreadsheets Rent day used to mean waiting for mailed checks, making trips to the bank, and updating ledgers by hand. Scenario: Tenants get automatic reminders a few days before rent is due. Applications took days.

Property Management

Buildium

APRIL 23, 2025

From lease signings and renewals to tenant communications and rent payments, it tackles the most time-consuming aspects of property management. With built-in messaging features, leasing software lets you send automated reminders, rent due notices, and maintenance updates directly to tenants. Heres how: 1. The result?

Lease

Buildium

JUNE 16, 2025

Messages trigger automatically based on key events or dates, such as rent due reminders, maintenance appointment confirmations, package arrival alerts, or lease renewal notices. For example, residents who get rent reminders via text tend to pay on time. Automated rent payment systems simplify this process for managers and residents.

Property Management

Bay Property Management Group

JULY 17, 2025

A leasing agent is the person who helps landlords rent out their properties, such as houses, apartments, or even commercial spaces like offices or retail stores. When potential tenant wants to confirm the rent price or an email asking to schedule a tour, they contact them. Let’s find out. What Does a Leasing Agent Do? Their main job?

Lease

Buildium

JULY 16, 2025

It automates repetitive tasks, keeps information organized, and makes it easier to handle day-to-day responsibilities. Specialized Tools Some software tools focus on one specific task—like collecting rent, scheduling maintenance, or screening tenants. Online Rent Collection Tenants want convenient ways to pay rent.

Property Management Software

Bay Property Management Group

JULY 3, 2025

The rent fits your budget. Main Takeaways Lease fees cover the administrative work involved in processing applications and preparing rental agreements. It’s typically a flat amount or a percentage of the rent, and it’s often included as part of the administrative or move-in fees. You’ve found the perfect apartment.

Lease

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property

Yardi Breeze

MARCH 21, 2025

Or that they can afford to pay rent on time every month? Application fraud detection in property management is always a priority, but its an even bigger issue given that so many interactions occur now online. Cons : Matching an ID card to a face requires the applicant to have and use a smartphone or tablet.

Applicants

Buildium

JANUARY 30, 2025

This holistic view helps you make informed decisions and address issues promptly, without having to juggle multiple systems or spreadsheets. Streamlined Communication: With tenant and owner portals, you can share important information, updates, and reports with each owner and tenant easily, without getting your wires crossed.

Property Management Software

McKee Properties

FEBRUARY 10, 2025

This guide will walk you through actionable tips to create a compelling rental application, improve your chances of success, and make a lasting impression on property management teams for Bay Park apartment rentals and homes alike. For family-friendly homes in Bay Park, discuss your long-term plans to rent and care for the property.

Applicants

Buildium

MAY 29, 2025

Data: Information from properties, tenants, and markets feeding smart decisions. Property managers can use software to automate rent collection, track late payments, and even generate detailed financial reports with minimal effort. This transformation demands property managers move from gut feeling to evidence-based decisions.

Property Management

American Apartment Owners Association

MARCH 19, 2025

The Evolution of Communication in Property Management AI-powered chatbots and automated messaging systems are becoming the norm, helping property teams respond to resident inquiries, process maintenance requests, and even screen rental applications. Others may rely on government-issued checks or prefer cash payments for personal reasons.

Compliance

Buildium

MAY 29, 2025

With the right app setup, you can: Check rent status Approve applications Assign work orders Communicate with owners Share documents Track key tasks No laptop or office required. Online Rent Collection See whos paid , who hasnt, and when payments were made. If you lose signal, can you still access key information?

Property Management

Buildium

JULY 16, 2025

Certification programs emphasize legal compliance and ethical standards to keep you informed. Leasing and Marketing: Master effective marketing, unit showings, applicant screening, and lease negotiations to attract and keep tenants. Reduced Legal Exposure: Staying informed on laws and compliance lowers risk of lawsuits and penalties.

Apartment Management

Condo Control

JUNE 6, 2025

HOAs that get comfortable with AI now will enjoy the benefits sooner, and have an easier time with more advanced applications later. The natural language processing system pulls information from documents that have been uploaded to the file library, and produces straightforward answers.

Management

Buildium

JUNE 25, 2025

Stay informed about local rent trends, leasing cycles, and tenant preferences. Use digital tools such as tenant portals, SMS platforms, or messaging apps to keep renters informed about maintenance, building updates, rent changes, or policy shifts. Measure vendor performance to inform future hiring decisions.

Apartment Management

Buildium

JUNE 16, 2025

From collecting rent collection to finding leads, we’ll focus on how readily available tools can help you work smarter and more efficiently. Rent payments, maintenance costs, utility bills, and vendor invoices flow into the system without manual input. Automate rent collection to reduce late payments and ease administrative burdens.

Property Management

Buildium

JUNE 12, 2025

On the surface, both offer tools for managing leases, collecting rent, and tracking income and expenses. It covers nearly every aspect of property management, including leasing, rent collection, maintenance tracking, and accounting. Two widely used solutions in today’s market are Buildium and Stessa.

Property Management Software

Real Property Management Evertrust

MAY 26, 2025

Email Communication: Email is an efficient way for landlords to communicate with tenants, delivering important notifications and information promptly. Sensitive issues like rent increases or eviction notices should be discussed in person or via email for more detailed conversations. Avoid colloquialisms and adhere to proper grammar.

Landlord

Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. Follow that up with the ability to collect rent online , and youll make gathering first, last, and security into one seamless workflow.

Property Management Software

Buildium

MARCH 19, 2025

Signage A simple “For Rent” sign in front of your property can grab local attention, especially if your property is in a high-traffic area. Make sure your signage is clear and includes contact information, as well as a URL or QR code that directs potential tenants to your online listing.

Rental Property

Yardi Breeze

FEBRUARY 11, 2025

However, weve noticed that its easy to find information about how important AI tools are to learn and use, but its hard to find much about actually using them. Where to use AI in property management The great thing about AI is that if you can use it for one application, you can use it for many. or any of its affiliates.

Property Management

RL Property Management

JUNE 2, 2025

Know Who Youre Marketing To: Define Your Ideal Tenant Not every applicant is the right fit for your property (and thats a good thing). Your ideal tenant isnt just someone who pays rent on time (though thats a must). Think about: Rent Price Higher rents attract different demographics than budget options.

Tenant

Bay Property Management Group

MARCH 3, 2025

As such, investors use NOI to compare properties, estimate value, and make more informed choices. For example, when most people hear “rental income,” they immediately conjure up rent payments in their heads, but it’s so much more than that. Income Sources Rent Payments The obvious one is money collected from tenants.

Real Estate

Yardi Breeze

MAY 12, 2025

This integration automates data entry, including tenant names, unit numbers and rent amounts. Notarization is primarily relevant for documents recorded with the county a practice rarely applicable to residential leases. Disclaimer We hope you enjoyed this post, which is for general information purposes only.

Lease Agreement

HOA Managememt

JULY 3, 2025

Collecting and reviewing applications: They would collect all necessary statements or forms submitted by interested individuals. Interviewing or vetting candidates: Some committees would evaluate applicants based on leadership experience or community involvement.

Litigation

MRI Software

FEBRUARY 5, 2025

Additionally, smart sensors in units collect data on usage and performance, helping management make informed decisions about standard maintenance schedules. These tools are pivotal in handling common resident inquiries, such as rent payment issues, maintenance requests, or general community information.

Property Management

Bay Property Management Group

MARCH 2, 2025

In turn, that could make lenders hesitant to approve your application. Lets look at them both: Front-End DTI (Housing DTI) The front-end DTI focuses only on housing expensesthings like your mortgage payment, property taxes, homeowners’ insurance, and HOA fees, if applicable. Frequently Asked Questions (FAQs) Still have questions?

Real Estate

Real Property Management California Coast

JULY 18, 2025

Account for rent, costs of utilities, internet, parking, homeowner’s association fees, and other ongoing monthly expenses. Pro tip: Set up saved searches and email alerts to stay informed when a new home matching your criteria becomes available. If your application is approved, thoroughly review the lease and all addenda.

Property Management