Buildium

MAY 15, 2025

You already know how to handle tenants, maintenance, budgeting, and legal compliance. Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental ownership. In terms of financing, your professional background can also give you an edge. The best part?

Property Management

Buildium

JUNE 16, 2025

From leasing to maintenance to finance, they allow property managers to work more efficiently by replacing manual effort with automated execution. Communication automation tools reduce the need for manual touchpoints while still keeping tenants, owners, and vendors informed.

Property Management

Bay Property Management Group

FEBRUARY 18, 2025

Oftentimes, landlords exclude them because of how much tenants’ usage amounts can vary, or because of provider-specific agreements. Heres what youll likely need to budget for: Electricity This is almost always the tenants responsibility since each household’s usage looks different from one another.

Utilities

Buildium

MAY 29, 2025

Todays property managers can build entire operations that are fully digital, from lease signings to vendor payments to team coordination. Leasing tasks (screenings, approvals, follow-ups) follow a standardized digital checklist. For years, digital simply meant using spreadsheets instead of ledger books. But things have changed.

Property Management

Buildium

JUNE 25, 2025

Apartment management demands a careful balance of tenant satisfaction, building upkeep, financial control, and regulatory compliance. Luckily, the same principles apply: keep units occupied, tenants engaged, operations running efficiently, and finances under control. In competitive markets, use pre-leasing strategies.

Apartment Management

Buildium

JUNE 9, 2025

Set a realistic budget and decide how you’ll finance acquisitions. Learn how tenant communications and customer service are handled. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes.

Property Management

Buildium

MAY 29, 2025

Whether youre handling tenant requests in real time, coordinating with vendors, or keeping tabs on finances, the right tools in your pocket can turn hours of admin into minutes of smooth execution. Speed Up Communication Tenant and vendor relationships thrive on responsiveness.

Property Management

Rental Housing Journal

JUNE 10, 2025

5 best maintenance practices to keep tenants satisfied and keep the property owner and management out of legal trouble. If they do not do so, their tenants will not be happy and the property owner can end up in court. However, they are important to the tenant and must be addressed in a timely manner.

Maintenance

RL Property Management

JULY 16, 2025

Know Your Numbers Before You Buy Buying rental property is one of the smartest ways to build long-term wealth, but only if your financing strategy works for you, not against you. The financing you choose directly impacts your monthly cash flow, your stress level, and how quickly you can scale your portfolio. Your loan terms.

Finance

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. Verifying income helps you find tenants who are financially stable and trustworthy. In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. But how do apartments verify income?

Apartment

Bay Property Management Group

FEBRUARY 6, 2025

Read on to learn more about pet deposits, why you might not get your refund, and your rights as a tenant. ” After all, when tenants have pets, they come with the chance of scratches, stains, or other damages that go beyond normal wear and tear. Once the dust settles and your lease has finished, are pet deposits refundable?

Lease Agreement

Fourandhalf

JANUARY 22, 2025

Its a deep diving into: Vendor efficiency Technician efficiency Coordinator efficiency Benchmarking Finances You know what the performance actually is instead of trusting someones gut. Would you rather lose 50 percent of your owners or 50 percent of your tenants? One of the reasons that tenants leave is that they hate the maintenance.

Residential Property

Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. And over time, those missed details can lead to bigger problemslonger vacancy periods, frustrated tenants, and even disputes that could have been avoided.

Property Management Software

Bay Property Management Group

JUNE 25, 2025

That said, the home is temporarily off the market while they complete the final steps, such as inspections, financing, and paperwork. If tenants are involved, buyers inherit the lease—and property managers can help manage the transition smoothly. If the home is tenant-occupied, that becomes part of what you’re buying.

Real Estate

Buildium

JUNE 16, 2025

Integrate access control with visitor management software to let guests receive temporary access codes or notifications without involving the leasing office. Automate electronic lease signing and send notifications to residents as deadlines approach. These records help resolve disputes or investigate incidents promptly.

Property Management

Buildium

JUNE 12, 2025

Renters want quick responses, online payments, and a hassle-free leasing process. On the surface, both offer tools for managing leases, collecting rent, and tracking income and expenses. It covers nearly every aspect of property management, including leasing, rent collection, maintenance tracking, and accounting.

Property Management Software

Bay Property Management Group

MARCH 14, 2025

What is Inflation and How Does It Work As the most trusted property managers in Washington, DC, we monitor inflation trends so that property owners and tenants alike can navigate rising costs. Then, if you pass these extra costs onto tenants, the rent may have to go up even more. So, what exactly is inflation?

Rental Property

American Apartment Owners Association

JANUARY 29, 2025

For some, this may mean working out more often or starting a new hobby, but for otherslandlords and property managersit means organizing finances and preparing for the upcoming tax season. Tedious processes like tracking, organizing, and managing your finances are automated, freeing up your time to manage other aspects of your business.

Landlord

American Apartment Owners Association

FEBRUARY 6, 2025

Small homes = big profits Leasing tiny homes is one of the latest trends in the rental business. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants. Can tenants have parties or pets? All of your policies need to be incorporated into your lease.

Landlord

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

Buildium

MARCH 19, 2025

When it comes to renting a property, one the most important services that all landlords should offer their tenants is the ability to make online rent payments. Traditional methods often require tenants to write checks, mail them, and wait for processing.

Landlord

Bay Property Management Group

JANUARY 27, 2025

This score shows the landlord that you’ve been managing your finances well enough. That score indicates a phenomenal record with both finances and rent-paying, which places you above many competitors in the realm of apartment renting. As a rule, landlords want tenants to have an income that is three times’ the rent.

Rent

MRI Software

JUNE 25, 2025

Lease administration isn’t just about paying rent on time. In this case, a missed expiration date blindsided the tenant and left them with no leverage. The Setup: A Silent Countdown The lease had been amended—twice. The Setup: A Silent Countdown The lease had been amended—twice. And then, the lease expired.

Lease

Buildium

JUNE 12, 2025

Property maintenance is also a central part of what keeps tenants satisfied, costs under control, and your properties as safe and profitable as possible. They often come with mobile capabilities so managers, tenants, and vendors can communicate and act quickly, especially when on the go. That specialization matters.

Maintenance

Rental Housing Journal

JULY 8, 2025

The legislation implements new tenant protections as a response to rising housing costs. Owners should review how these limits apply to academic-year leases and typical student-housing rent escalations. Exemptions: Some properties are not covered by the new rules: Residential buildings that are less than 12 years old.

Rent

Bay Property Management Group

JULY 15, 2025

In fact, property management companies in Northern Virginia often assist the owners in handling everything—from finding great tenants to keeping up with repairs and maintenance. For tenants, this means a quieter living experience. Tenants love the extra room for friends, pets, or weekend barbecues. Can You Rent Out an SFH?

Real Estate

Buildium

AUGUST 1, 2025

What Benchmarking Services Look Like in Action Buildium and a few other property management software lets you track leasing performance data , including vacancy rate, leasing activity, renewal/turnover rate, and more. You can then compare these metrics against past performance or similar “peer group” properties nearby.

Property

Bay Property Management Group

MAY 15, 2025

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

Bay Property Management Group

APRIL 11, 2025

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. It is: A co-applicant shares full responsibility for rent and lease terms roommates, partners, or family members who apply together are equally liable for payments and property upkeep.

Applications

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

RL Property Management

JULY 24, 2025

And those variables can directly affect your cash flow, tenant retention, and long-term portfolio growth. They’re easier to finance , simpler to manage, and typically located in stable, family-friendly neighborhoods where tenant demand remains consistent. One tenant, one lease, one set of maintenance concerns.

Single-Family Home

Esquire Property Management Group

FEBRUARY 2, 2025

They are responsible for a variety of tasks, including maintaining tenant relationships, guaranteeing legal compliance, and assuring financial stability. This includes: Providing owners with regular updates, which include keeping them informed about the status of the property, financial performance, and tenant difficulties.

Property Management

Bay Property Management Group

MARCH 2, 2025

Ready to take control of your finances? Your Debt-to-Income Ratio (DTI) is one of the biggest factors that determine whether lenders see you as a reliable borrower to get investment property financing. This way, you have less on your plate, and your tenants are satisfied. What Is Debt-To-Income Ratio (DTI)?

Real Estate

American Apartment Owners Association

MARCH 31, 2025

A Real Estate Investment Trust is a company that owns, operates, or finances income-generating real estate. Here are some of the most common roles: Property Manager Salary Range : $35,000 $90,000 Handles daily operations, maintenance, and tenant relationships. ”this article will walk you through everything you need to know.

Real Estate

Property Management Inc.

JULY 14, 2025

You've managed your property meticulously, balanced your mortgage payments, and established lease agreements. Still, tenants missing rent payments somehow becomes a part of the game. Key Takeaways Offer empathy and consistent communication to handle late rent issues while building tenant trust.

Rent

RL Property Management

APRIL 3, 2025

Tenant Issues Are Constant and Stressful 3. Common stressors include: Late or partial rent payments Complaints about neighbors or noise Lease violations like unauthorized occupants or pets Conflict resolution between residents Requests that go beyond your lease terms Its not just the logistics of these problemsits the emotional toll.

Property Management

Bay Property Management Group

FEBRUARY 12, 2025

Several Factors Influence Vacancy Rates – Population growth, rental pricing, and the local job market play key roles in determining how easily a property can attract tenants. Proactive management, market research, and tenant-focused practices help keep occupancy rates high and rental income steady.

Landlord