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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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Finding the Perfect Multifamily Property

American Apartment Owners Association

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

Property 200
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What Credit Score Do You Need To Rent An Aparment?

Bay Property Management Group

Luckily, while a high score is important, its not the only thing landlords look at. Let’s break down what landlords consider so you know what you need to do to pass their sniff test. As a rule, the higher your score, the more landlords trust you to handle your money responsibly. What Is a Credit Score?

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How Extensive Are Background Checks for Apartments?

Bay Property Management Group

Landlords and property managers use them to decide who gets approved, but what exactly are they looking for? In this guide, we’ll break down how apartment background checks work, why theyre important, and what landlords check before they hand over the keys. Lets dive in! How Extensive Are Background Checks for Apartments?

Apartment 130
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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

That’s why some landlords bundle certain utilities with the rent. In most cases, landlords who include utilities in the rent will clearly mention so in their listing with phrases like utilities included. Since its a fixed service local municipalities provide, landlords usually incorporate it into rent payments.

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Landlord vs Property Manager: Key Differences Explained

Bay Property Management Group

Are you a rental property owner stuck in the classic debate: landlord vs property manager ? In this guide, well break it all down, from the perks of being an independent landlord to the convenience of hiring a property manager, so you can confidently choose the right path for your rental business. What Is a Landlord?

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Dealing with an Unresponsive Landlord: The 3-Step Plan

Bay Property Management Group

If you have an unresponsive landlord who’s not responding to your complaints, you have tools you can use to solve this challenge. Read below to learn when your landlord is liable for repairs, what you can do to keep them accountable, and more. How Long Can a Landlord Ignore You? When Does an Unresponsive Landlord Break the Law?

Landlord 147