Remove Compliance Remove Rental Unit Remove Tenant
article thumbnail

Is It Time for Property Management Software? Here’s How to Tell

American Apartment Owners Association

Managing properties whether its a few rental units or a growing portfolio takes a lot of time, organization and resources. Automated maintenance requests keep vendors and tenants organized. Custom portals for tenants, vendors, and investors keep everyone in the loop. Rebate programs on maintenance and upgrades.

article thumbnail

What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. property management isnt just about fixing leaky tapsits knowing whether you can legally rent out that little unit in your backyard without breaking any rules.

Apartment 130
Insiders

Sign Up for our Newsletter

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

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. Well explore how proptech reshapes workflows, decision-making, tenant engagement, and portfolio management.

article thumbnail

What Is a Rent Stabilized Apartment? What You Need to Know

Bay Property Management Group

The price stays steady, the lease keeps renewing, and tenants feel secure staying long-term. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. For one thing, a tenant’s rent can only increase by a certain amount each year.

Apartment 130
article thumbnail

Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

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. Ready to get started? What causes rent to increase?

article thumbnail

Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

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. Ready to get started? What causes rent to increase?

article thumbnail

How property managers can expand their business by acquiring other property management companies

Buildium

When you acquire another company, you can quickly add new rental units under management, enter new markets, and broaden the types of properties you oversee. Conducting Due Diligence Due diligence involves checking your potential acquisition’s financial health, operational stability, and legal compliance.