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. Here are a few tips to consider.

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Bay Property Management Group

NOVEMBER 18, 2024

There are all kinds of reasons why someone would need to break their lease. How can you break your lease without penalty? For example, you can find the Consumer Guide to Tenant and Landlord Rights from the Pennsylvania Attorney General a helpful guide for those in Philadelphia and nearby. Life gets in the way, right?

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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. A clear and comprehensive landlord-resident lease agreement is the best way to prevent misunderstandings. Decide how you prefer to collect rent.

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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. All applicants over the age of 18 must be on the lease and should be screened.

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American Apartment Owners Association

DECEMBER 2, 2024

San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data. Critics, however, argue that targeting rent algorithms is a distraction from the root cause of rising housing costs: a lack of supply. They’re here.”

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American Apartment Owners Association

DECEMBER 16, 2024

Some key elements to consider include: The lease agreement This legally binding document outlines the terms and conditions of the rental agreement, including rental payment, lease duration, and any specific rules or restrictions. Privacy Both landlords and tenants have the right to privacy. Need Legal Help? Ask unlimited questions.

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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?

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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?

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American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. 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.

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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.

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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. Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. Need Legal Help?

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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.

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Property Management Inc.

JUNE 13, 2025

It allows tenants the opportunity to pay rent, correct lease violations, or leave voluntarily before the situation escalates. Lease agreements typically outline specific rules, but local housing laws often fill in the gaps. For nonpayment of rent, a written notice serves as the starting line.

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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?

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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?

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American Apartment Owners Association

NOVEMBER 27, 2024

The city council has been active the past few years in passing tenant protections such as caps on move-in fees, first qualified applicant rules, eviction rules, lease renewals and tenant screening rules. The suit claims this is a “taking” of the landlord’s property.

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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.

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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.

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Real Property Management Choice

MAY 29, 2025

Create a Rent-Ready Property That Tenants Cant Ignore Pay attention to the propertys functionality and aesthetics before listing it. Consider Curb Appeal First impressions are very important when youre renting out a property, and youll avoid long vacancies when the property looks good from the outside. Is it inviting and welcoming?

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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. The Fix: Set clear boundaries from the beginning by creating a detailed lease agreement.

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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. Make sure the tenant understands the lease before signing.

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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. All applicants over the age of 18 must be on the lease and should be screened.

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Rental Housing Journal

JANUARY 16, 2025

The Federal Trade Commission and the state of Colorado have sued Greystar, the largest multifamily operator in the United States, for deceiving tenants about monthly rent costs by tacking on numerous mandatory hidden fees on top of advertised prices, according to a release. Greystar advertises its available apartments widely.

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Esquire Property Management Group

OCTOBER 9, 2024

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

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American Apartment Owners Association

NOVEMBER 7, 2024

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. 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.

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Esquire Property Management Group

FEBRUARY 2, 2025

The proactive marketing of properties and the negotiation of lease renewals are two things that can help reduce vacancy rates. Property owners are looking for managers that can: Collect rent in a timely manner: Follow up on delinquent payments and make sure that rent is collected in a timely manner.

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Bay Property Management Group

DECEMBER 2, 2024

Finally, as a last resort, some local laws may let you withhold your rent or use some of it to pay for repairs. The only exception to these rules is when your lease agreement states otherwise. This could come in the form of rent withholding. With this, you do not pay a portion of the rent until the landlord handles your problem.

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MRI Software

SEPTEMBER 10, 2024

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence. What defines a commercial lease?

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MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. Below we will explain what a master lease agreement is, its key components, and how to get a master lease agreement for multifamily properties. What is a master lease agreement?

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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. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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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?

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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?

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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. Make sure your lease agreement is clear and consistent.

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American Apartment Owners Association

DECEMBER 2, 2024

Effective Property Management Proper management is vital for maximizing your multifamily investment: Tenant Screening: Implement a thorough screening process to select reliable tenants who pay rent on time. Regular Maintenance: Schedule routine maintenance to keep the property in excellent condition and prevent costly repairs.

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Rental Housing Journal

DECEMBER 5, 2024

California cities, including San Diego, are pushing back on rent-setting software programs used by apartments, according to reports. Some landlords use a single company’s software – which uses an algorithm based on proprietary lease information – to help set rent prices.

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Authority Property Management

APRIL 25, 2022

If you’re looking for retail, industrial, or office space you’ve likely come across variations of lease structures from which you can choose. More often than not these lease structures are drafted in commercial real estate terms alien to you. Keep in mind that a triple net lease is different from a full-service lease structure.

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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.

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