Buildium

APRIL 23, 2025

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. Its a great way to speed up leasing cycles and expand your pool of potential tenants.

Property Manager

Buildium

MAY 29, 2025

Paper leases, face-to-face meetings, phone calls, and handwritten notes were the norm for decades. Tenant and Lease Management Proptech tools help property managers collect and organize tenant information, process rental applications, and store lease agreements digitally.

Property Manager

American Apartment Owners Association

MARCH 20, 2025

A stronger credit score can lead to better financial opportunities, including easier approval for loans and rental applications. Key Requirements for Landlords Under AB 2747, Landlords must provide Tenants with written information about Rent Reporting at lease signing and at least once per year. Explains the benefits of Rent Reporting.

Landlord

Real Property Management Evertrust

JULY 17, 2025

But during the chaos of applications and packing, it’s easy not to see all the extra costs associated with that new set of keys. Additionally, many leases will include a clause stating that if you break your lease agreement, you will forfeit your deposit. That can be hard if sudden life changes pop up.

Utilities

Buildium

JULY 16, 2025

Expand Knowledge and Build Skills Certification programs cover topics such as fair housing laws, leasing strategies, maintenance oversight, financial management, and tenant relations. Benefits: Enhances leasing success and tenant engagement, boosting occupancy. it builds solid operational skills and prepares managers for leadership.

Apartment Management

Bay Property Management Group

MARCH 13, 2025

The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. When tenants know the requirements upfront, it reduces unqualified applications, saving you time and effort in the screening process. This goes for both tenants and landlords.

Landlord

Buildium

JULY 14, 2025

Use Buildium to: Send welcome emails, lease renewal reminders, and rent receipts Notify tenants of upcoming inspections or policy changes Share monthly or quarterly owner reports Segment communications based on property, lease status, or tenant behavior This reduces the volume of one-off emails and calls while improving transparency and trust.

Property Manager

Buildium

JUNE 16, 2025

From leasing and maintenance to inspections and bookkeeping, we’ll walk through how these systems are changing the way property managers work. Automated Leasing Systems Leasing is one of the most process-heavy parts of property management, involving listings, lead response, showings, screening, and lease signing.

Property Manager

Real Property Management Evertrust

MAY 26, 2025

Here are several well-known methods of conveying messages you can utilize as a landlord or property manager: In-Person Communication: Face-to-face interactions encourage transparent dialogue, enabling prompt inquiries and responses, especially concerning complex lease agreements and rental concerns. The name and address of the tenant.

Landlord

Buildium

MAY 29, 2025

You may have heard that proptech stands for property technology, covering digital tools transforming how properties operate, lease, and maintain themselves (for more on the basics, we recommend our post, “What is Proptech?” This reduces paperwork, prevents fraud, and speeds up lease management. Want to learn more?

Property Manager

Bay Property Management Group

JANUARY 19, 2025

Is prorated rent applicable for short-term leases? Yes, landlords can apply prorated rent to short-term leases. You simply would divide the rent by the lease’s length in days, rather than dividing it by the month’s length in days. Can prorated rent be applied to annual leases?

Rent

Buildium

MAY 29, 2025

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. Calendar and Task Management View upcoming lease expirations, showings, maintenance appointments, and key deadlines all in one place.

Property Manager

Bay Property Management Group

MARCH 2, 2025

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.

Real Estate

MRI Software

MARCH 19, 2025

If you need a model to produce optimized lease pricing or to give early warning signs of asset failures, you need historical data. Start understanding the data you have today by asking a few questions: What applications do we use today to support our real estate processes? Do we have data in legacy databases that were never migrated?

Real Estate

Real Property Management California Coast

JULY 10, 2025

Families prefer to move when school is out, leases commonly turn over, and the weather makes relocation easier. That means more interest, more applications, and more potential to choose the best tenant. Faster Occupancy With more renters looking, homes tend to lease faster in summer than in fall or winter.

Rent

Bay Property Management Group

APRIL 30, 2025

But before you sign that lease, its good to know what youre really getting intofrom the average rent in Northern Virginia to the hidden fees and seasonal trends that affect pricing. or securing a longer lease while staying mindful of fees like parking and utilities. So, a lways check whats included before signing the lease.

Rent

RL Property Management

JUNE 23, 2025

But the work isn’t over once they sign the lease. Showing the property, processing applications, preparing new lease documents, and managing the move-in process all take considerable effort. Think of your lease as the primary rulebook for the tenancy. Administrative Time: Your time is valuable.

Tenant

Bay Property Management Group

FEBRUARY 18, 2025

Gas (if applicable) Some apartments use gas for heating, cooking, or hot water. So, always check whats included both in the listing ad and your lease agreement to avoid any surprises! Before signing the lease, you can consider these potential drawbacks to make sure its the right fit for you.

Utilities

Property Management Inc.

JULY 14, 2025

You've managed your property meticulously, balanced your mortgage payments, and established lease agreements. Be Consistent with Lease Terms Consistency fosters trust. Apply late fees as outlined in your lease agreement and maintain professionalism when sending a late rent notice.

Rent

Real Property Management Choice

MAY 29, 2025

Overpricing may deter responsible applicants who could otherwise have been a perfect fit for your property. There are many brilliant ways to market your rental property so that its leased quickly, avoiding the loss and the stress of vacancy. You dont have to spend time marketing to new tenants or screening new applications.

Lease Agreement

Rental Housing Journal

JUNE 23, 2025

In the 10 worst states to be a landlord, it can be tough between taxes, tenants who don’t live up to their lease agreements, maintenance woes, and the cost of maintaining a property. A prominent example is the no-fault eviction ban, which prevents landlords from ending leases without cause.

Landlord

Buildium

APRIL 23, 2025

Disclaimer: This post is intended to inform property managers on how to write a lease agreement for an apartment and does not constitute legal advice. Before creating your own agreements, its always a good idea to speak with a legal professional to be sure youre covering all your bases. Let’s start with the basics.

Lease Agreement

Avantio

JULY 7, 2025

This means that any property rented for the short-term qualifies as a vacation rental, while leases over 30 days are considered monthly rentals Florida, subject to different rules. Fees: $50 application fee, $10 training fee, plus additional licensing fees (if applicable). Processing time: Typically 1–2 business days.

Property Manager

MRI Software

MARCH 27, 2025

For technology leaders, its critical to understand how the practical applications of AI can help leverage its potential to drive efficiency, enhance decision-making, and gain a competitive edge. Partnering with the IT Director, they develop a data governance strategy to standardize and secure lease and financial data.

Real Estate

RL Property Management

JULY 16, 2025

Stricter Underwriting Expect detailed documentation: tax returns, reserves, lease agreements, and rental history. Establish an Exit Plan Have clear agreements on when and how the partnership ends, sale, buyout, or refinance. Proactive leasing keeps vacancy periods short, improving overall performance.

Finance

Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. Whether you’re handling a cozy multi-family building or a sprawling apartment complex, getting your leasing process down to a science can result in high occupancy, more consistent revenue, and better long-term relationships with tenants.

Lease

Buildium

MARCH 19, 2025

As a landlord, youll need a way to spot tenants who will abide by the lease agreement, pay their rent on time, and contribute positively to the rental communityand youll need to do it fast if you dont want your ideal renters to move on to another property. How do you settle on reliable renters that will respect your property?

Landlord

Real Property Management Enterprises

JULY 17, 2025

But during the whirlwind of applications and packing, it’s easy to forget all the extra costs connected with that new set of keys. Additionally, many leases will include a clause stating that if you break your lease agreement, you will forfeit your deposit. That can be quite a challenge when sudden life changes arise.

Utilities

Bay Property Management Group

FEBRUARY 2, 2025

You might know them by the more common term “tenants” They enter into a lease agreement with the landlord, which is basically a contract that spells out both parties’ rights and responsibilities. Now, leases can be sensitive. Always refer to your lease for specifics.

Lease Agreement

RL Property Management

JANUARY 20, 2025

Columbus explicitly prohibits discrimination based on sexual orientation or gender identity, making it clear that landlords must treat all tenants and applicants equally, regardless of their identity or whom they love. They craft legally sound leases, implement fair screening criteria, and ensure every tenant interaction is documented.

Landlord

RL Property Management

APRIL 26, 2025

Reduced legal risk: Managers ensure compliance with all applicable laws and minimize the chances of legal complications. They handle lease agreements, rent policies, and tenant screenings according to legal requirements, including fair housing laws.

Property Manager

Real Property Management Choice

FEBRUARY 6, 2025

This tells us something important: that if you dont allow pets, youre eliminating a large portion of your tenant pool right at the beginning of your marketing and leasing process. Pet owners are more likely to renew their lease agreements and stay where they are, especially if theyre having a good rental experience.

Rental Property

American Apartment Owners Association

NOVEMBER 21, 2024

The importance of a thorough and accurate rental application cannot be overstated. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

Applications

Beach Front Property Management

SEPTEMBER 26, 2024

A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Why Are Lease Clauses for Landlords Required Clear communication is essential in any business, and a well-written contract removes uncertainty. A lease ends after a specific term (usually a year).

Lease

American Apartment Owners Association

NOVEMBER 21, 2024

The importance of a thorough and accurate rental application cannot be overstated. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members.

Applications

Bay Property Management Group

DECEMBER 5, 2024

Unfortunately, you may face penalties for breaking a lease. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. What Are the Penalties for Breaking a Lease? Read below for more information.

Lease

Bay Property Management Group

NOVEMBER 26, 2024

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.

Lease