Buildium

JUNE 26, 2025

Collecting a traditional security deposit has always just been a part of the leasing process. Security deposit alternatives are financial programs that replace the traditional lump-sum deposit with a more flexible option—usually smaller monthly payments spread out over the lease term. What Are Security Deposit Alternatives?

Tenant

Bay Property Management Group

FEBRUARY 3, 2025

The application fee for apartment can seem unfair, especially when it catches you by surprise. What Are Apartment Application Fees? An apartment application fee is a one-time payment you make when applying to rent a place. What Do Application Fees Cover? So, whats the actual cost of an application fee here?

Applications

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. 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.

Landlord

Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent

American Apartment Owners Association

MARCH 20, 2025

AB 2747 is a California rent law designed to make Rent Reporting more accessible, helping Renters build credit while setting clear guidelines for Landlords. Rent is one of the largest recurring expenses for most people, yet it has historically not been reflected in credit scores. Confirmation that Rent Reporting is optional.

Landlord

Yardi Breeze

MAY 12, 2025

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.

Lease Agreement

Bay Property Management Group

JANUARY 22, 2025

But dont worrythere are still ways to rent after one, even if it feels tough. Main Takeaways Knowing exactly how to rent with an eviction on your record can seem daunting. You could rebuild your rental history with short-term rentals, use honesty as the best policy with potential landlords, rent with a co-signer, and seek legal aid.

Rent

Bay Property Management Group

JANUARY 27, 2025

Wondering, “what credit score do you need to rent an apartment?” answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with. answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with.

Rent

Buildium

JUNE 16, 2025

For example: Instead of waiting for a team member to remember to send a lease renewal notice, your workflow sends it exactly 90 days before lease expiration. Examples: A lease is signed, a payment is late, a tenant submits a request. Example: “If rent is more than 5 days overdue, apply a late fee.”

Property Manager

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

Beach Front Property Management

JULY 30, 2025

Managing leases without managing legal exposure can lead to significant financial and reputational damage. AB 1482 Compliance: Common Rent Increase Violations The Tenant Protection Act imposes strict limits on rent increases: CPI-based caps, required notice timing, and exemptions. At BFPM Inc.,

Compliance

Buildium

JUNE 16, 2025

From leasing to maintenance to finance, they allow property managers to work more efficiently by replacing manual effort with automated execution. Document and E-Signature Automation Tools Leases, disclosures, move-in checklists, inspection forms—document-heavy workflows are a huge part of property management.

Property Manager

Real Property Management Evertrust

JULY 17, 2025

Renting a new home can be motivating, whether it’s your first rental home or just one of the many. 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. Let’s check out what you need to learn about the cost of renting, utilities for renters, and more.

Utilities

Rental Housing Journal

JULY 8, 2025

By Michael Coleman and Faris Babineaux Associates, Haynes Boone As of May 7, 2025, Washington state has a new rent control law under House Bill 1217. Washington is now the third state in the country with a statewide rent cap, joining California and Oregon. It only applies to increases on or after that date.

Rent

ADDA

JULY 22, 2025

A State-Wise Legal Guide for Residents and RWAs Whether you’re a flat owner leasing out your unit or part of a Resident Welfare Association (RWA) or Managing Committee, understanding Non-Occupancy Charges (NOC) is crucial. These typically apply when the unit is rented to tenants or kept vacant.

Government

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

Buildium

MAY 29, 2025

It refers to the growing field of digital tools, software, platforms, and innovations designed to improve the way we buy, sell, rent, and manage real estate. Paper leases, face-to-face meetings, phone calls, and handwritten notes were the norm for decades.

Property Manager

Bay Property Management Group

APRIL 30, 2025

Thinking about renting in Northern Virginia? 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.

Rent

Buildium

JUNE 16, 2025

Leases, renewals, maintenance records, inspection reports, and regulatory forms pile up quickly. Files are tagged and organized automatically by lease term, resident name, or property address. One major benefit is automating lease signing and renewals. Residents enjoy easy access to their lease and payment history.

Property Manager

Buildium

MAY 29, 2025

Collecting Rent and Managing Finances: Less Stress, More Consistency Before: Late Checks and Manual Spreadsheets Rent day used to mean waiting for mailed checks, making trips to the bank, and updating ledgers by hand. Scenario: Tenants get automatic reminders a few days before rent is due. Applications took days.

Property Manager

Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

Utilities

Bay Property Management Group

APRIL 17, 2025

Main Takeaways The Move-In Affordability Plan in Philadelphia aims to ease financial burdens by capping application fees at $20, allowing security deposits to be paid in four monthly installments, and eliminating redundant fees for multiple applications. I introduced the Move-In Affordability Plan to help renters like them.

Applications

Bay Property Management Group

MARCH 28, 2025

To confirm you can afford the rent Aside from everything above, landlords also have to make sure you truly meet the most basic of qualifications: that you can pay the rent. So, for this report, they’ll check your previous addresses, payment history, lease terms, and reasons for leaving.

Apartment

BetterWho

MARCH 7, 2025

A well-crafted playbook ensures: Consistency Standardized processes help every team member handle tenant inquiries, maintenance requests, and lease management the same way. Rent Collection Automated reminders, handling late payments. Lease Renewal Rates A key indicator of how well tenants are managed.

Property Manager

Buildium

JULY 16, 2025

Managing apartment buildings means juggling leasing, maintenance, accounting, resident communication, owner relations, and countless other tasks. All-in-One vs. Modular All-in-one software combines leasing, accounting, maintenance, communication, and other capabilities into a single package. It just needs to do the right things well.

Property Management Software

Buildium

JUNE 16, 2025

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.

Property Manager

Yardi Breeze

MARCH 21, 2025

Or that they can afford to pay rent on time every month? Application fraud detection in property management is always a priority, but its an even bigger issue given that so many interactions occur now online. Cons : Matching an ID card to a face requires the applicant to have and use a smartphone or tablet.

Applications

Buildium

JULY 14, 2025

Automate Rent Collection and Payment Tracking Rent collection is one of the most repetitive and time-sensitive tasks in property management. Automate this process by enabling tenants to pay rent online via ACH or credit card.

Property Manager

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

Buildium

MAY 12, 2025

4: Online Rent Payments Reduce the need to chase down residents month after month. Choose a property management accounting software solution that gives residents a wide variety of online and automatic rent payment options , from EFT and bank transfers to credit card payments and other options such as Pay-Near-Me at local retailers.

Property Manager

Beach Front Property Management

APRIL 16, 2025

The primary objective is to ensure whether an applicant is likely to fulfill lease obligations and maintain the property responsibly or not. The Tenant Screening Process: Step-by-Step Tenant screening is a proactive strategy to find trustworthy, responsible residents who treat the property carefully and pay rent on time.

Property Manager

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

Buildium

JUNE 12, 2025

Renters want quick responses, online payments, and a hassle-free leasing process. On the surface, both offer tools for managing leases, collecting rent, and tracking income and expenses. It covers nearly every aspect of property management, including leasing, rent collection, maintenance tracking, and accounting.

Property Management Software

Buildium

JUNE 25, 2025

This guide covers what you need to know about leasing, communication, maintenance, budgeting, staffing, compliance, technology, and growth strategies. Leasing and Occupancy Strategies for Apartment Management A strong leasing process underpins your entire business. In competitive markets, use pre-leasing strategies.

Apartment Management

Buildium

JUNE 16, 2025

From collecting rent collection to finding leads, we’ll focus on how readily available tools can help you work smarter and more efficiently. Integrate access control with visitor management software to let guests receive temporary access codes or notifications without involving the leasing office.

Property Manager

Buildium

JUNE 16, 2025

The platform automates everything from online rent payments and late fee enforcement to lease renewals and tenant onboarding. ShowMojo: Leasing Automation for Faster Scheduling For many property managers, leasing is where the most time is lost—especially during the scheduling phase.

Property Manager

Real Property Management Evertrust

JULY 4, 2025

Higher rental prices and faster leasing times. Opportunity to present flexible lease terms to draw in renters. During the peak season, it is advisable to increase your advertising efforts to expand your reach and attract the quality applicants you need for each property. Tenants are looking for last-minute moves prior to winter.

Landlord