Remove Applications Remove Lease 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

How property management automation can help you save time, reduce stress, and grow faster in 2025

Buildium

Leasing and Tenant Onboarding Leasing often involves dozens of small steps, most of which follow a predictable pattern. A few ways it can do this is by: Setting up automatic responses to new rental inquiries with links to schedule showings or start applications. Trigger move-in emails and checklists once the lease is signed.

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 start and run a virtual property management company: The benefits, drawbacks, and what to know

Buildium

Heres what sets a virtual property management company apart: No physical office space Fully remote teams (local or global) Cloud-based operations for leasing , payments , maintenance , and communication Heavy use of digital automation and outsourced vendor networks Some virtual companies handle hundreds of doors across different regions.

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. Common Features in Property Management Apps for iPhone When evaluating property management apps, look for tools that align with your most frequent workflows.

article thumbnail

Everything you need to know about apartment management in 2025

Buildium

This guide covers what you need to know about leasing, communication, maintenance, budgeting, staffing, compliance, technology, and growth strategies. Each section pulls highlights from our expansive collection of apartment management resources and includes links to further reading that goes into more detail.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

As the nations largest landlord organization (with more than 150,000 members nationwide), the American Apartment Owners Association (AAOA) offers an innovative approach to managing properties. Disclaimer: All content provided here-in is subject to AAOAs Terms of Use.

article thumbnail

What to do when the demand for condo/HOA parking and storage is high

Condo Control

Inventory management waitlists Once the maximum number of spots or spaces have been leased, condos and HOAs can create waitlists to address demand for these shared assets. An inventory management waitlist is essentially a document that records all individuals who wish to use and pay for a shared asset.