Remove Applications Remove Rent Remove Rental Unit
article thumbnail

What Is a Co-Applicant in a Rental?

Bay Property Management Group

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. 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?

article thumbnail

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

Buildium

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. To hit the sweet spot, use AI to analyze real-time rental market data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Does a Leasing Agent Do? Basics You Need to Know

Bay Property Management Group

A leasing agent is the person who helps landlords rent out their properties, such as houses, apartments, or even commercial spaces like offices or retail stores. When potential tenant wants to confirm the rent price or an email asking to schedule a tour, they contact them. Let’s find out. What Does a Leasing Agent Do? Their main job?

article thumbnail

Everything you need to know about proptech: An advanced guide for property managers

Buildium

If youre managing rental units, commercial spaces, or mixed-use properties, a solid understanding of proptech and how to use digital tools effectively comes with the job description. Property managers can use software to automate rent collection, track late payments, and even generate detailed financial reports with minimal effort.

article thumbnail

Airbnb calendar sync with Vrbo and Booking.com: how to do it, and why it matters

Rentals United

Sync to save time and decrease manual work Manually updating all your listings, across every booking site, might be a viable solution for small-time property managers who rent out a single vacation property, and only advertise on a handful of sites. Advanced sync A great channel manager can do more than just vacation rental calendar syncing.

article thumbnail

The Bottom-Line Impact of Tariffs on Residential Landlords

Rental Housing Journal

But for residential landlords like us who own and manage rental properties, tariffs can have surprisingly significant consequences. From rising maintenance costs to inflationary pressures that influence rent dynamics, tariffs affect more than just international commerce; they impact our bottom line.

article thumbnail

Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

But you avoid HOA fees, and you can earn rental income if you rent the units out. Strong Rental Demand in Urban Areas: You can often find condos in bustling urban or suburban neighborhoods, close to workplaces, schools, and shopping spots. In turn, you can have a steadier rental income. More rent = more income!