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What Is Debt-To-Income Ratio (DTI): What Investors Need to Know

Bay Property Management Group

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.

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Reducing Vacancy Rates in California: Proven Strategies

Real Property Management Choice

Overpricing may deter responsible applicants who could otherwise have been a perfect fit for your property. You dont have to spend time marketing to new tenants or screening new applications. Youre re-negotiating and renewing the lease agreement year after year. Leverage accurate data and analytics. Youre happy.

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Property Lease Agreements and What to Cover

Muldoon Associates

What should your lease agreement cover? There are the basics, of course, like names and contact information and when the lease starts and when it ends. You’ll want rental and security deposit amounts. We aren’t lawyers, but we are property managers who have been working with lease agreements in Colorado for decades.

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The Pros and Cons of Allowing Pets in Your Torrance Rental Property

Real Property Management Choice

You want to increase your tenant retention because when your tenants renew their lease agreements , you avoid the money youd have to spend on maintenance and improvements. Pet owners are more likely to renew their lease agreements and stay where they are, especially if theyre having a good rental experience.

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Can You Cancel a Lease? Here’s Everything You Need to Know

Bay Property Management Group

In this article, we walk you through everything you need to know about lease cancellation, as well as how to avoid potential pitfalls. Key Takeaways Lease Cancellation Requires Proper Procedures : Canceling a lease involves legal steps and clear communication. These are some of the most common questions in housing.

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The Top 10 Mistakes Colorado Springs Property Owners Make (And How to Avoid Them)

Muldoon Associates

Avoid the most common tenant screening mistakes by having a good application in place. Verify references and speak with previous landlords and employers to get a complete picture of the applicant. Inadequate Lease Agreements A poorly constructed lease agreement can leave you vulnerable to disputes and legal issues.

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The Value of Property Management Software in 2025

American Apartment Owners Association

Leasing A sufficient understanding of state and local laws regarding lease agreements. To be a successful rental business owner, you need a high-level understanding of all these topics but when it comes to managing the day-to-day operations, you must rely on your talent and tools to keep your properties running efficiently.