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How to Budget for Utilities and Hidden Rental Costs

Real Property Management Evertrust

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. From utilities and security deposits to holding the proper insurance, spending can quickly add up.

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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. But sometimes, utility costs can pile up fast and throw off your entire budget. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly?

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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?

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What is Rent-to-Income Ratio and Why Should Landlords Care?

Bay Property Management Group

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. What is Rent-to-Income Ratio?

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What Credit Score Do You Need To Rent An Aparment?

Bay Property Management Group

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.

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Property managers, here are the 5 top leasing trends of 2025

Buildium

Enable online rent and deposit payments. Beyond just seeing the current rental amount, they want to see utility information and information on any supplemental fees, such as pet fees. Among the factors that influenced their decision, their perception of the value of their current rental weighed against the rent they’re paying.

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8 examples of automated property management systems you can start using today

Buildium

Digital Lease Generation and E-Signing Once an applicant is approved, the lease agreement is auto-generated using a template populated with data from their application. Rent Collection and Financial Automation Collecting rent and managing accounting tasks can be extremely time-consuming.