Remove Finance Remove Lease Agreement Remove Regulation
article thumbnail

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

Buildium

Set a realistic budget and decide how you’ll finance acquisitions. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes. Common Financing Options You don’t need to pay for acquisitions in cash upfront.

article thumbnail

Are Utilities Included in the Rent, Explained

Bay Property Management Group

Here’s how you can verify what’s covered: Read the Lease Agreement Carefully Like we mentioned, the first thing you should do is take a close look at your lease agreement. Check Local Laws and Regulations In some areas, there may be regulations that require landlords to include certain utilities in rent.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

Here are some factors that commonly impact whether pet deposits are refundable for you: Your Local Laws Allow for Refunds In many cities and states, there are specific regulations around refunding pet deposits. You Meet All Lease Terms If your landlord has found you followed the lease agreement (e.g., Congratulations!

article thumbnail

What Is a Ground Lease? What You Need To Know

Bay Property Management Group

Cons for Tenants More Restrictions: The lease terms tenants must follow for ground leases are usually strict. Also, zoning laws or historical preservation regulations may come into play. Can Get Costly: Sure, ground leases are easier on the wallet at the start compared to buying land, but the costs can creep up.

article thumbnail

100+ Questions Every LA Multifamily Investor Should Ask

InveServe

Initial Investment & Financing (LA-Specific): What is the total acquisition cost (including purchase price, closing costs, due diligence, and potential seismic retrofitting a critical LA consideration)? What are my financing options specific to the LA market (local lenders, specialized programs)? uses legally sound leases.)

article thumbnail

What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

A major component of property management is the administration of finances in a manner that is both accurate and transparent. When it comes to property rules and regulations, navigating the complicated environment can be a hard endeavor. Are the fees and costs of your property management service competitive with other companies?

article thumbnail

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

Bay Property Management Group

For renters and landlords dealing with regulated units, working with experienced Washington D.C. property management companies can make it easier to understand these protections and navigate lease terms with confidence. Usually, this is just a small percentage, set by local regulations. So, What Does That Really Mean?