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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

Decreased vacancies for landlords: Offering flexible options can open the door to more qualified applicants, especially those who might be held back by a large upfront deposit. It’s important to make sure any alternative program you choose complies with your state and local regulations. Some areas may limit use.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations. Take out landlord insurance A landlord insurance policy is meant to protect you as an investment property owner while safeguarding your rental properties.

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Avoid Costly Legal Risks | Property Management Compliance in California

Beach Front Property Management

In high-regulation markets—especially Los Angeles, Orange County, and Long Beach—it’s critical to follow state and local rules under the Tenant Protection Act (AB 1482) and local ordinances. If you own or operate a multifamily property in California, compliance is non-negotiable.

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What Is a Lease Fee, Explained

Bay Property Management Group

Main Takeaways Lease fees cover the administrative work involved in processing applications and preparing rental agreements. In most cases, this fee covers the initial work involved in setting up your lease, including processing your application, preparing the necessary paperwork, and finalizing your lease agreement.

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Move-in Affordability Plan Aims to Cut Philly Move-in Fees

Bay Property Management Group

Main Takeaways The Move-In Affordability Plan in Philadelphia aims to ease financial burdens by capping application fees at $20, allowing security deposits to be paid in four monthly installments, and eliminating redundant fees for multiple applications. This aims to reduce application costs for tenants.

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Oregon Would Ban Landlords Asking About Immigration Status

Rental Housing Journal

Oregon lawmakers are considering a bill to make it illegal for landlords to inquire about a potential renters immigration status, according to Oregonlive.com. The bill would also prohibit landlords from denying to rent a home or apartment to a tenant based on the landlords perception of their immigration status.

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What Does ‘Prorated Rent’ Mean? What You Need To Know

Bay Property Management Group

In simplest terms, prorated rent generally refers to a rent amount the landlord adjusts according to how many days you’ve lived in an apartment. Some local laws require landlords to follow their regulations around prorated rent. However, landlords may also offer it by choice, for their own reasons.