Hospitable

MAY 29, 2025

These are specific types of guests that will be most interested in renting your Airbnb, and they will be the focus of your marketing efforts. Consult a real estate attorney for guidance to ensure that this contract is legally binding. Start today with a 14-day free trial.

Airbnb

ADDA

JULY 23, 2025

You should definitely consult a legal expert if: Your community has multiple towers, mixed-use areas, or unclear builder documentation There is disagreement among residents or unclear ownership records You are registering under a newer Apartment Ownership Act and are unfamiliar with the forms (e.g.,

Government

Buildium

APRIL 21, 2025

Trust accounts in property management are used to keep tenant rent payments and security deposits separate from the business operating account. An account that accepts rents must be structured as a trust. Consult your local regulations for specific requirements. What Is Property Management Trust Accounting?

Property Management

American Apartment Owners Association

JANUARY 22, 2025

No matter if youre an independent landlord renting out a single-family home, a multifamily property owner managing multiple units, or a realtor expanding in property management, launching a real estate business is typically accompanied by unique legal challenges. This makes an LLC ideal for partnerships and also solopreneurs.

Real Estate

Bay Property Management Group

DECEMBER 1, 2024

Rent increases are pretty much unavoidable. So, if you’re facing a rent increase, there are a few things to remember. Contents of This Article: How Often Can Your Landlord Increase Rent? Washington, DC, property managers know that rent increases are essential to the rental process. Additionally , research local laws.

Rent

American Apartment Owners Association

DECEMBER 16, 2024

When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. These violations can happen when residents take unauthorized actions or overlook certain responsibilities, like missing rent payments. Mediators facilitate compromise, while attorneys provide essential legal guidance.

Lease

Buildium

DECEMBER 30, 2024

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. Tax time isnt a once-a-year thing.

Property Manager

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? What is included in a rental application?

Applications

Buildium

DECEMBER 17, 2024

For example, you can deduct the rent and utilities you spend for an outside office or other workspace. This deduction is particularly valuable if you are a renter because it enables you to deduct a portion of your monthly rent, a sizable expense that is ordinarily not deductible. This deduction is scheduled to end on Jan.

Property Manager

Buildium

NOVEMBER 5, 2024

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

Property Management

American Apartment Owners Association

SEPTEMBER 13, 2022

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. Each location has its own different requirements and details regarding rent control.

Rent

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

Compliance

American Apartment Owners Association

AUGUST 7, 2022

Part of being a rental property owner or manager is understanding the local and state rent increase laws. A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. What causes rent to increase?

Compliance

American Apartment Owners Association

DECEMBER 16, 2024

Security deposit Tenants typically provide a security deposit upfront, which serves as a form of financial security for the landlord in case of unpaid rent or damages. Rental payment Tenants are responsible for paying rent on time and in full, while landlords are responsible for providing a habitable living space in return.

Landlord

American Apartment Owners Association

NOVEMBER 7, 2024

Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home. The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant.

Tenant

American Apartment Owners Association

DECEMBER 9, 2024

Analyzing rental trends, vacancy rates, and comparable rents can provide valuable insights into the property’sincome potentialand overall market stability. Analyzingmarket rent trendsallows you to determine competitive pricing strategies that align with the current market conditions, aiding you in maximizing profitability.

Real Estate

Appfolio

JULY 13, 2020

After rent price and apartment features, 54% of renters said the community’s appearance played a role in their decision to visit a community, according to the NMHC / Kingsley Associates Renter Preference Report. Be sure to check federal and state resources online or consult an attorney if you’re unsure about what needs to be updated.

Lease

American Apartment Owners Association

OCTOBER 14, 2024

Department of Housing and Urban Development (HUD), the Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. CHAT WITH AN ATTORNEY What is a Section 8 voucher? Need Legal Help?

Applications

American Apartment Owners Association

OCTOBER 14, 2024

Department of Housing and Urban Development (HUD), the Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. CHAT WITH AN ATTORNEY What is a Section 8 voucher? Need Legal Help?

Applications

Beach Front Property Management

JANUARY 15, 2025

These policies may also cover the “loss of use” of your home and additional living expenses (ALE), including rent, hotel stays, meals, transportation, clothing, and other costs, up to a limit, if the fire makes your home uninhabitable or inaccessible. You can also file a complaint with your states Department of Insurance.

Insurance

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area.

Property

Beach Front Property Management

NOVEMBER 6, 2024

When residents lease a property, they sign an agreement outlining their responsibilities, such as timely rent payments. These violations can happen when residents take unauthorized actions or overlook certain responsibilities, like missing rent payments. Mediators facilitate compromise, while attorneys provide essential legal guidance.

Lease

Real Property Management Evertrust

OCTOBER 7, 2024

While trusting your instincts is important, not screening tenants thoroughly can lead to issues like late rent payments, property damage, or even legal disputes. – Employment verification: To confirm they can afford the rent. Your lease should outline: – Rent payment deadlines and consequences for late payments.

Landlord

American Apartment Owners Association

AUGUST 7, 2022

Unpaid rent is the primary reason to evict a tenant. However, you cannot ask them to pack their bags at a moments notice because you did not receive their rent payment. A formal written pay rent or quit (move out) notice will serve as your tenants heads up. Financial documents, like rent roll and bank statements.

Tenant

American Apartment Owners Association

AUGUST 7, 2022

Unpaid rent is the primary reason to evict a tenant. However, you cannot ask them to pack their bags at a moments notice because you did not receive their rent payment. A formal written pay rent or quit (move out) notice will serve as your tenants heads up. Financial documents, like rent roll and bank statements.

Tenant

American Apartment Owners Association

NOVEMBER 21, 2024

As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. A Comprehensive Application to Rent is available on the AAOA web site at no charge to all members. Paid rent on time? What is included in a rental application?

Applications

Real Property Management Evertrust

OCTOBER 7, 2024

It’s tempting to rent to the first person who shows interest in your property, especially when your rental is sitting vacant. Failing to catch these early on can leave you with someone who doesn’t pay rent on time or damages your property. This can lead to missed rent payments, unauthorized guests, or even property neglect.

Tenant

Florida Property Management

FEBRUARY 16, 2024

Making the Right Choice for Your Home in Today's Market In today's real estate market, many homeowners are faced with the decision of whether to rent or sell their home, especially when downsizing or moving to another property. There are additional advantages if you rent your home.

Rent

Beach Front Property Management

SEPTEMBER 26, 2024

When preparing a property for rent, you handle key tasks like painting, cleaning carpets, making minor repairs, and ensuring that plumbing, electrical, and HVAC systems are safe. You will also specify rent due dates and payment methods. Decide how you prefer to collect rent. Be clear and straightforward, minimizing legal jargon.

Lease

California Pacific Realty

DECEMBER 6, 2024

Will renting do more harm than good for your finances and living preferences? When searching for a place to live, renting and owning can affect one’s financial decisions and lifestyle. Why Is It Better to Rent Than Buy a Place in 2024? For several reasons, renting can be more advantageous than buying a home.

Rent

American Apartment Owners Association

NOVEMBER 7, 2024

Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home. The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant.

Tenant

Muldoon Associates

NOVEMBER 7, 2024

We are always encouraging real estate investors to buy and rent out property in Colorado Springs. Because we hate to see people make mistakes that have been made before, we’re exploring the top 10 mistakes Colorado Springs property owners make when they’re renting out a home. Consulting Experts.

Lease Agreement

American Apartment Owners Association

SEPTEMBER 2, 2022

For example, you could purchase a single-family home and rent out the rooms or buy that same property, make any necessary repairs and upgrades, and sell it for a profit. You purchase a multi-family property and live in one unit while renting out the remainder. Theres more than one way to do it. What is house hacking?

Single-Family Home

American Apartment Owners Association

SEPTEMBER 2, 2022

For example, you could purchase a single-family home and rent out the rooms or buy that same property, make any necessary repairs and upgrades, and sell it for a profit. You purchase a multi-family property and live in one unit while renting out the remainder. Theres more than one way to do it. What is house hacking?

Single-Family Home

Nest DC

OCTOBER 24, 2023

While renting out your property may be less than ideal, it could be the right choice for the short-term or even long-term. Bad tenants: Worry over problematic tenants is why many homeowners decide against renting, but we’re here to reassure you: leasing to bad tenants isn’t the norm. But if you have to move, what can you do?

Rent

Young Management

MARCH 14, 2024

This article will guide you through the key factors to consider when creating a rent increase notice letter, ensuring that you maintain a positive relationship with your tenants and comply with legal requirements. What is the Maximum Rent Increase Allowed? This holds true for all forms of rental contracts.

Rent

American Apartment Owners Association

SEPTEMBER 2, 2022

It might seem like real estate investing is a matter of acquiring a property, fixing it up (if necessary), charging rent and collecting checks. You could buy a single-family house and rent it out until you decide to sell it. In return, it would get a percentage of your units monthly rent. Passive by definition is, not active.

Real Estate