Rental Housing Journal

JANUARY 27, 2025

3 Time to call the professionals If you suspect that there is a bigger problem than the frozen pipes that can be fixed with a little heating, it is definitely advised for property managers to call in professional plumbers. They will have the right tools to assess the frozen pipes and determine whether they should be thawed or repaired.

Tenant 119

Tenant Maintenance Apartment Contractors 119

Bay Property Management Group

JANUARY 29, 2025

Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). How to Verify If Utilities Are Included in Rent on Your Lease To verify if utilities are included in your rent, there’s one definitive place you should look: your lease. It’s a staple.

Utilities 130

Utilities Rent Lease Agreement Landlord 130

Bay Property Management Group

MARCH 28, 2025

So, for this report, they’ll check your previous addresses, payment history, lease terms, and reasons for leaving. When landlords look at your rental history report, they want to make sure you have been able to take care of the property, follow the lease, and coexist peacefully with your neighbors. But what are they?

Apartment 130

Apartment Landlord Rent Property Management 130

Condo Control

JANUARY 28, 2025

Inventory management waitlists Once the maximum number of spots or spaces have been leased, condos and HOAs can create waitlists to address demand for these shared assets. You may even need to write down times if the desired asset has an established annual renewal date since many people may submit a request to lease it on the same day.

Lease 130

Lease Condominium Management Applicants 130

Buildium

FEBRUARY 14, 2025

But their definition of what qualifies as significant versus slight growth has changed. What we saw was a change in how much those companies plan to expand. Just as many companies told us that they plan to grow by a significant amount over the next two years.

Property Management 130

Property Management Property Manager Management Property 130

Bay Property Management Group

APRIL 2, 2025

In that case, it’s definitely important to check out the attics, basements, and even empty units. They might be secretly living there, even between leases. And yes, its definitely illegal. Make sure your lease clearly addresses unauthorized occupants. It could be someone sneaking in and out. Is Phrogging a Crime?

Real Estate 130

Real Estate Tenant Insurance Landlord 130

American Apartment Owners Association

JANUARY 27, 2025

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

Property 200

Property Insurance Rental Income Real Estate 200

Bay Property Management Group

FEBRUARY 18, 2025

So, always check whats included both in the listing ad and your lease agreement to avoid any surprises! Disadvantages of Utilities-Included Rentals Having utilities bundled with rent is definitely convenient. Before signing the lease, you can consider these potential drawbacks to make sure its the right fit for you.

Utilities 130

Utilities Rent Tenant Landlord 130

Buildium

MARCH 19, 2025

Heres a quick breakdown of those definitions. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. What Counts as Rental Income? Rental income includes all the payments you receive from tenants.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

Bay Property Management Group

APRIL 22, 2025

Local zoning laws, rental regulations, and permits dictate whether you can build and lease them , with size restrictions, occupancy requirements, and compliance with tenant rights laws varying by region. As people moved to the suburbs, cities began creating zoning laws that made these spaces harder to build.

Apartment 130

Apartment Regulation Compliance Property Management 130

Bay Property Management Group

JANUARY 27, 2025

Now that we know what the definition of a credit score is, let’s now deal with what credit score you need to rent an apartment. Typically, they’ll sign the lease with you, even though they wont be living in the apartment. So, they need to use your credit score to get a better idea of what your financial behavior is like.

Rent 130

Rent Landlord Applicants Applications 130

American Apartment Owners Association

DECEMBER 2, 2024

Sort your possessions into three separate groups: stuff that is just worn out or useless, good-condition items that might help others, and definitely needed basics. Does it serve a real need or make you happy? Think about either an internet or a conventional yard sale for selling prized goods.

Apartment 244

Apartment Insurance Utilities License 244

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.”

Lease 52

Lease Commercial Property Management Commercial Property Lease Agreement 52

American Apartment Owners Association

FEBRUARY 6, 2025

Small homes = big profits Leasing tiny homes is one of the latest trends in the rental business. Whichever dcor you choose, tiny homes by definition are less expensive to build and decorate, making it easier to afford higher quality furnishings and hardware. All of your policies need to be incorporated into your lease.

Landlord 182

Landlord Airbnb Rent Tenant 182

Authority Property Management

JUNE 30, 2015

For Rent or for Lease, What’s the difference? Is that unit or property for rent or for lease? Leasing: Leasing is a long-term that is present. The provisions of a Lease may not be changed during the term without the consent of all parties involved. This question comes up often in Real Estate.

Lease 52

Lease Apartment Rent Landlord 52

Real Property Management Chicago

FEBRUARY 17, 2022

By definition, residential real estate is purchased and occupied as a dwelling by owners or tenants. Leases on industrial properties can be very financially beneficial and have a tendency to be very long-term holdings. Though in good circumstances, leasing land can be a financially beneficial strategy for a real estate investor.

Real Estate 130

Real Estate Multi-Family Building Residential Property Commercial Property 130

Bay Property Management Group

MARCH 18, 2025

Your Personal Financial Profile: While the economy definitely affects mortgage rates, your finances matter, too. We can maximize your returns with in-house accounting, inspections, maintenance, lease enforcement, legal compliance, and more. Lenders look at: Your Credit Score Having a high score (740+) gets you the best rates.

Property Management 130

Property Management Property Manager IT Property 130

Real Property Management Chicago

NOVEMBER 30, 2017

Different landlords have different application requirements, but many are expecting very similar things from applicants before they sign a lease. Being the fastest applicant can make the difference between signing a lease and losing the apartment! If you do not have much time to search, consider working with a broker or leasing agent.

Apartment 130

Apartment Rental Property Property Applicants 130

Authority Property Management

MAY 3, 2022

Getting into a lease agreement without paying attention to detail can potentially put you in a position where you’d be held over a barrel. It is important to ask questions, seek professional counsel, or educate yourself before you opt-in on a lease agreement. Worth noting is the fact that modified gross leases are not always identical.

Lease 52

Lease Lease Agreement Tenant Insurance 52

American Apartment Owners Association

DECEMBER 12, 2024

At the time, the building was leased to a company that used the facility as a call center and data center, which he was told was integral to its operations. Despite years left on the lease, the tenant exercised an opt-out clause and vacated the property shortly after it traded hands. The little guy doesnt have that ability.

Real Estate 130

Real Estate Landlord Commercial Property Retail 130

Bay Property Management Group

DECEMBER 23, 2024

Key Takeaways from this Article Role Definitions and Responsibilities : A landlord owns the property and is responsible for key tasks like setting rental terms, maintaining the property, and adhering to legal regulations. A landlord is a person who owns property that they lease to another party in exchange for rent. Lets dive in!

Property Management 147

Property Management Property Manager Landlord Management 147

Esquire Property Management Group

JANUARY 9, 2024

Weighted Average Lease Term for Commercial Real Estate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercial real estate investors and commercial property managers are well-versed in, or at least they better be.

Real Estate 52

Real Estate Lease Commercial Property Management Commercial Property 52

Sunstar Realty

APRIL 7, 2025

Lease term: minimum 3 months stay. Opsal is definitely one of the most interesting buildings in the Mount Pleasant / Olympic Village area. Pets: sorry not this one. Absolutely no smoking please. Steps to the world class SEAWALL, Science World, Community Centre, Paddling Centre, and dozens of restaurants.

Transportation 52

Transportation Applicants Applications Engineering 52

Real Property Management DC Metro

NOVEMBER 21, 2024

Thankfully, a handful of easy, proven strategies can be highly relevant in keeping residents gratified and quite happy to renew their leases regularly every year. Although, you can definitely screen your applicants before signing a lease.

Landlord 97

Landlord Rental Property Lease Property Management 97

Real Property Management Chicago

JUNE 4, 2021

In order for your property to meet the legal definition of “habitable” , due diligence is carefully done to make sure that you have all you need to keep liability at its lowest. This is because their approach to due diligence makes them stand out compared to others.

Property Management 130

Property Management Property Manager Apartment Management 130

Real Property Management Chicago

AUGUST 27, 2021

Then again, if you say that the definition of an asset is a means of generating cash flow, it might be that your most valued asset isn’t your property but your tenant. A good tenant will not only respect and follow the terms of their lease but will do so with vigilance and common sense.

Tenant 130

Tenant Rental Income Rental Property Real Estate 130

Real Property Management DC Metro

SEPTEMBER 27, 2024

Conceding that some of these reasons may be personal, there are definitely a few many people who prefer to rent their homes share. Most renters like leasing their homes owing to the fact that it gives more flexibility and freedom than buying their own. These include: No additional costs. Offer attractive terms.

Rent 85

Rent Property Management Property Manager Lease 85

Real Property Management Choice

MAY 23, 2024

Let’s get started so you know how to structure your lease, your marketing, your screening , and your entire rental management plan in a way that keeps you in compliance. Unlike Costa-Hawkins, AB 1482 does not set a definite date after which you are exempt. A breach of a material term of the lease. Time will tell.

Lease 52

Lease Landlord Single-Family Home Rent 52

Real Property Management California Coast

JANUARY 10, 2025

Implementing a dynamic pricing model, you can modify your rates up or down in real-time, generate reports and budgets based on those changes, and definitely help you better manage your occupancy rates and revenue.

Property Management 92

Property Management Property Manager Management Property 92

Bay Property Management Group

DECEMBER 2, 2024

Additionally, if you caused said damage, your landlord is most definitely not on the hook for it. The only exception to these rules is when your lease agreement states otherwise. For example, if your lights flicker sometimes, that’s not an emergency. Instead, you will be responsible for handling the issue yourself.

Landlord 147

Landlord Property Management Property Manager Rent 147

American Apartment Owners Association

DECEMBER 2, 2024

Sort your possessions into three separate groups: stuff that is just worn out or useless, good-condition items that might help others, and definitely needed basics. Does it serve a real need or make you happy? Think about either an internet or a conventional yard sale for selling prized goods.

Apartment 130

Apartment Insurance Utilities License 130

American Apartment Owners Association

JANUARY 27, 2025

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

Property 130

Property Insurance Rental Income Real Estate 130

MRI Software

NOVEMBER 28, 2023

Understanding the common area maintenance definition is vital for anyone involved in commercial real estate, whether landlords, tenants, or property managers. The common area maintenance definition is the process of maintaining shared spaces within a commercial property.

Maintenance 52

Maintenance Lease Agreement Retail Commercial Property 52

Property Management Inc.

NOVEMBER 26, 2024

They are designed to provide tenants with the opportunity to enjoy outdoor activities as long as they adhere to the terms set forth in their leases. However, the definition of "reasonable use" can often lead to disputes if not clearly defined in the rental agreement. Transparent and frequent communication is also vital.

Landlord 52

Landlord Tenant Lease Agreement Lease 52

Real Property Management California Coast

DECEMBER 22, 2017

But, not all of the lease alterations need to be a terrible thing, even if the price does go up. With time, leasing listings that can be located close to the core of the city, or some other principal attraction will obviously increase in cost due to the requirement. Learn how to successfully raise rent without raising concern.

Landlord 52

Landlord Rent Property Management Property Manager 52

SparkRental

NOVEMBER 14, 2024

As terms in real estate investing go, the blanket mortgage definition is pretty simple. Some investors refer to blanket mortgages as portfolio loans, but portfolio loans have another definition: loans held privately on a lender’s portfolio. Enter: blanket mortgages. What Is a Blanket Mortgage?

IT 52

IT Real Estate Finance Applicants 52

Bay Property Management Group

FEBRUARY 2, 2025

You might know them by the more common term “tenants” They enter into a lease agreement with the landlord, which is basically a contract that spells out both parties’ rights and responsibilities. Now, leases can be sensitive. Most lease agreements prohibit making any changes to the property without prior consent.

Lease Agreement 130

Lease Agreement Lease Landlord Rent 130