Esquire Property Management Group

FEBRUARY 13, 2025

Triple net NNN leases seem to be all the rage for real estate investors. Real estate investors exhibit significant interest in triple net leases for several reasons. The reality is clear: triple net leases are seldom as unequivocal as they first seem. What is a Triple Net Lease and Why are they Desirable?

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Lease Landlord Real Estate Tenant 64

American Apartment Owners Association

DECEMBER 16, 2024

In this blog post, we’ll explore the following: Understanding Why Tenants Leave Rising Supply, Increasing Competition for Residents 8 Tips to Minimize Tenant Turnover Understanding Why Tenants Leave Before diving into retention strategies, it’s crucial to recognize the common reasons tenants choose not to renew their leases.

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Tenant Property Manager Property Management Lease 246

Buildium

MARCH 3, 2025

Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. Explaining the terms of the lease agreement: This should include the rent amount, the security deposit, the due dates for rent payments, and the late fees.

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Property Management Property Manager Management Property 130

Bay Property Management Group

DECEMBER 8, 2024

Are you thinking of ending your lease contract early? Can you cancel a lease without facing unexpected costs? While canceling a lease can lead to challenges, the proper steps and guidance can help you navigate the process with minimal hassle. What Does It Mean to Cancel a Lease?

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Lease Lease Agreement Landlord Tenant 130

Bay Property Management Group

FEBRUARY 6, 2025

Thats why landlords often ask for pet depositsto protect their property in the event Fido goes a little too far. Once the dust settles and your lease has finished, are pet deposits refundable? You Meet All Lease Terms If your landlord has found you followed the lease agreement (e.g., But are pet deposits refundable?

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Landlord Lease Agreement Lease Tenant 130

Condo Control

JANUARY 12, 2025

Table of contents Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? Will owners pay to lease recreational HOA amenities? Booking an amenity vs leasing an amenity: Is there a difference? Whats in it for the HOA? The short answer is yes.

Lease 130

Lease Applications Applicants Management 130

Esquire Property Management Group

FEBRUARY 10, 2025

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing.

Commercial Property 64

Commercial Property Lease Property Government 64

Bay Property Management Group

DECEMBER 10, 2024

Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. Instead, value addition is the best strategy to increase rental income since it allows you to improve your property and services without simply raising rent.

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Rental Income Rent Multi-Family Building Landlord 130

Real Property Management Evertrust

SEPTEMBER 19, 2024

But renting an apartment during this chilly season comes with its own set of challenges and considerations. Before signing a lease, make sure to ask about the heating system and who is responsible for paying the heating bills. Some rentals might include heat in the rent, but many do not.

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Apartment Rent Transportation Lease 130

Buildium

MARCH 19, 2025

This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. For instance, if a tenant pays you in December for Januarys rent, you report that income in the year you received the payment, which is December.

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Rental Property Management Rental Property Property Management Property Manager 130

BetterWho

SEPTEMBER 21, 2024

You’re not only looking at lost rent for every month your property is empty. Leverage Technology: Use tenant portals for a smoother management experience, allowing tenants to easily pay rent and request services. Build Community: Organize events to foster a sense of community. The cost of turnover adds up.

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Property Management Property Manager Tenant Management 233

Buildium

FEBRUARY 4, 2025

Do they prefer you to text or call in the event of an emergency? Here are a few suggestions for areas where you may be able to make a difference: Collecting association dues: Making rent collection seamless is a top priority for most boards, which can make it an easy target for improvement.

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Property Management Property Manager Management Property 165

Muldoon Associates

APRIL 3, 2025

People probably arent going to rent your home in Colorado Springs just because its close to their favorite pizzeria. The neighborhood of your rental property has a huge impact on who wants to rent that home, how much theyre willing to pay, and whether theyll stay in place and renew their lease agreement year after year.

Rental Property 83

Rental Property Property Education Real Estate 83

Beach Front Property Management

MARCH 26, 2025

Financial Crises Unpaid rent, economic downturns, and property devaluation can impact profitability. Legal Issues Lease violations, lawsuits, and regulatory compliance challenges can pose serious risks for property managers. Proactive financial planning ensures resilience and long-term success in managing unforeseen events.

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Property Manager Property Management Management Property 147

Bay Property Management Group

MAY 1, 2025

Because of that, many buildings and neighborhoods are considered historically significant, like very old buildings (some from the 1800s or earlier), a rchitecturally unique structures, and h omes tied to major historical events or people. So, a sleek kitchen helps justify higher rent or a higher resale value. Or rent it out long-term?

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Contractors Property Manager Property Management Regulation 130

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.

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Real Estate Compliance Maintenance Tenant 246

Bay Property Management Group

DECEMBER 12, 2024

Therefore, a comprehensive screening procedure can contribute to a successful and stress-free tenancy by reducing risks like non-payment of rent, property damage, and legal problems. Ideally, a renter’s monthly income should be three times bigger than the monthly rent.

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Tenant Applications Applicants Property Manager 130

Buildium

JANUARY 22, 2025

Identifying and targeting relevant keywords, such as “apartments for rent in [city]” or “property management services,” can help your website rank higher in search results. Email Newsletters Email newsletters are a great way to keep your audience informed about new properties, upcoming events, and special offers.

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Property Manager Property Management Management Media 130

Buildium

MARCH 19, 2025

Signage A simple “For Rent” sign in front of your property can grab local attention, especially if your property is in a high-traffic area. Community Engagement Participating in local events or networking with nearby businesses can help spread the word about your rental property.

Rental Property 130

Rental Property Landlord Property Media 130

MRI Software

SEPTEMBER 5, 2024

Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Why do you need lease management software? Lease management is a high-risk area for businesses.

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Lease Management Compliance Rent 59

Real Property Management Chicago

JUNE 18, 2021

This includes not paying rent, violating the lease, or even canceling the lease. Example 1: The tenant refuses to leave after the lease ends. If a tenant refuses to move out even after the lease has expired, this is the time when you might want to use an unlawful detainer to evict the tenant.

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Tenant Lease Rental Property Property Manager 130

American Apartment Owners Association

AUGUST 30, 2024

Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation.

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Lease Property Manager Property Management Maintenance 162

Real Property Management Choice

MAY 1, 2025

It means theres less of a risk that rent will be paid late, property damage will be discovered, or lease violations will be counted up and cataloged. During the leasing process and even the marketing process , be responsive. Ensure your expectations are clearly outlined in the lease agreement. Dont leave anyone hanging.

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Landlord Tenant Lease Agreement Lease 52

Buildium

MARCH 3, 2025

At its core, automation reduces the manual work required to complete everyday tasks, such as rent collection or marketing listings. Property management software systems typically include online portals and apps that make it easy for tenants to complete important tasks like paying rent, even while on the go.

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Property Manager Property Management Tenant Management 137

American Apartment Owners Association

FEBRUARY 6, 2025

Small homes = big profits Leasing tiny homes is one of the latest trends in the rental business. AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot.

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Landlord Airbnb Rent Tenant 182

Real Property Management Evertrust

FEBRUARY 13, 2025

On the other hand, along with the challenges of frequent turnover present opportunities to optimize leasing strategies, from marketing to screening and beyond, and to uncovering novel methods to maintain solid cash flows. Another technique to consider is to offer flexible lease terms and incentives for renewals.

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Property Management Property Manager Management Property 147

Propertyware

DECEMBER 21, 2021

That’s why—in case you weren’t able to join us in person—we’ve put together some of the biggest takeaways from the event: Today’s Challenges and Opportunities Mike Mauseth, Senior Vice President of RealPage presents the findings from the 2022 Property Management Industry Report on Day 1 of PM Nation. Residents have similar priorities.

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Property Manager Property Management Lease Management 52

AirKeeper

FEBRUARY 26, 2025

Compared to traditional long-term leasing, holiday rentals offer higher earning potential, greater flexibility, and the ability to capitalise on peak seasons and special events. For example, a property in a popular tourist destination can see nightly rates that far exceed the equivalent daily rate of a long-term lease.

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Property Management Services Professional Property Management Regulation Compliance 130

Bay Property Management Group

JANUARY 1, 2025

When you are evicted, that event will likely be included in your rental history. If your eviction involves unpaid rent or other fees, it also may show up on your credit report. For instance, if you were evicted because of unpaid rent, you could present paystubs of steady income you’ve received in the past year.

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Applications Applicants Landlord Property Manager 147

MRI Software

FEBRUARY 5, 2025

Enhanced Resident Communication and Support AI powers Chatbots and virtual assistants which have become indispensable for property staff, websites, and leasing offices. These tools are pivotal in handling common resident inquiries, such as rent payment issues, maintenance requests, or general community information.

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Property Manager Property Management Management Property 52

American Apartment Owners Association

DECEMBER 12, 2024

However, relying solely on rent limits potential growth! These services provide a positive experience for new residents upon move-in and a VIP lifestyle that encourages lease renewals. Need a Lease Agreement? Access 150+ state-specific legal landlord forms, including a lease. and moving services.

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Property Manager Property Management Lease Rental Income 130

Beach Front Property Management

OCTOBER 30, 2024

The resident experience includes every interaction with their property manager and the rental property, from signing the lease to moving out. To create a positive resident experience, focus on removing friction points at every stage of their journey, from leasing to move-out. Referral Rewards: Turn residents into ambassadors!

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Property Insurance Maintenance Property Manager 130

MRI Software

FEBRUARY 4, 2025

By applying these multifamily leasing tips, you can stand out in a competitive market and make your property more appealing to prospective renters. This guide will provide practical multifamily leasing tips on effective strategies, leveraging technology, and creating a welcoming tenant experience.

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Lease Tenant Property Management Software Property Manager 52

BetterWho

JANUARY 3, 2025

Attend Community Events Make your property management business visible by sponsoring or attending local events. Examples of Incentives Discounted Rent : Offer a months rent free for signing a year-long lease. Examples of Incentives Discounted Rent : Offer a months rent free for signing a year-long lease.

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Media Property Manager Property Management Tenant 130

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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Rent Insurance Maintenance Utilities 52

Lula

AUGUST 9, 2024

Ultimately my decision to sign the lease was based on a number of factors, but the rental property laundry arrangement figured prominently in that process, and it will certainly factor into my decision whether to renew my lease next year (spoiler alert: I probably will). Should You Purchase or Rent Laundry Equipment?

Rental Property 130

Rental Property Single-Family Home Property Apartment 130

MRI Software

FEBRUARY 1, 2025

The lease-up phase is one of the most important periods for a multifamily property. By combining proactive management with targeted strategies, you can streamline your lease-up process and attract quality tenants. By implementing a strategic plan, you can efficiently transition your property from pre-leasing to long-term stability.

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Lease Applications Applicants Tenant 52