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What Is a Co-Applicant in a Rental?

Bay Property Management Group

But then you see the word “co-applicant” on the form, and you’re wondering… what is a co-applicant? Main Takeaways What is a co-applicant? Having a co-applicant can boost approval odds shared income and stronger credit can help secure a rental, but missing payments affects both applicants.

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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? An attorney can always prepare lease documents for you.

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8 practical use cases for AI in property management that you can try today

Buildium

In this article, well show you how to start putting AI to work in your day-to-day workflows today. 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.

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AI in Property Management: What’s Hype vs. What Actually Works?

BetterWho

This article delves into the practical applications of AI in property management, highlights tools making a real impact, and debunks common myths surrounding AI in the industry. In the context of property management, AI encompasses tools and applications designed to automate tasks, analyze data, and enhance decision-making processes.

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

Bay Property Management Group

The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. In this article, well help you understand how to calculate the rent-to-income ratio, why it matters to you as a landlord, and what to do if a tenant doesnt meet the threshold.

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How to handle sales objections in property management like a pro

Yardi Breeze

Do you lose new leases and renewals when renters present sales objections? It could be a complaint about price or amenities, or even mere hesitancy to renew a lease. This article explores ways to identify, address and handle objections smoothly. This article explores ways to identify, address and handle objections smoothly.

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How to Find Someone to Take Over Your Lease

Bay Property Management Group

Whether your family is growing or you must relocate for work , you may have to break your lease early. For instance, you can give proper notice and also find someone to take over your lease. Today, we’ll go through the process of transferring your lease to a new tenant and tips for finding the right candidate.

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