Remove Applicants Remove Lease Agreement Remove Management Properties
article thumbnail

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. They are typically one-time, upfront charges and may vary by property or management company.

article thumbnail

The complete guide to property management apps for iPhone

Buildium

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. Not every property manager works the same waybut mobile apps can be game-changers for certain types of operators.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Keep Great Tenants in Columbus: Your Retention Playbook

RL Property Management

The scope of this work can range significantly depending on the property’s condition. Showing the property, processing applications, preparing new lease documents, and managing the move-in process all take considerable effort. Transparency is also key when handling lease renewals and rent adjustments.

article thumbnail

Financing Your Next Rental Property in Columbus, Ohio (What Smart Investors Need to Know)

RL Property Management

Stricter Underwriting Expect detailed documentation: tax returns, reserves, lease agreements, and rental history. Note : Properties professionally managed by companies like RLPM often sail through underwriting more smoothly. Lenders love rent-ready homes and stable management; they know what to expect.

article thumbnail

Understanding Columbus Rental Laws: What You Need to Know as a Local Landlord

RL Property Management

Being a landlord in Columbus, Ohio, comes with more than just managing properties and collecting rentit requires a clear understanding of Columbus rental laws to ensure compliance. To avoid this, establish clear, written policies for screening, deposits, and lease agreementsand stick to them for every applicant.

article thumbnail

The Future of Rentals: Technology’s Impact on Property Management

Real Property Management Evertrust

Tenant portals provide residents to access important documents such as lease agreements, send maintenance requests, and speak directly with management. These benefits provide a major advantage for property managers and, when executed well, build an enjoyable and satisfying experience for residents.

article thumbnail

Managing paid condo and HOA parking and storage

Condo Control

Inventory management Continuing from the last point, if inventory is limited, staff can see exactly how many lockers or racks have been leased, and how many empty spaces remain. Revenue opportunity To be approved for a lease or lease renewal, the applicant must pay a fee.