Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

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Buildium

JUNE 16, 2025

From collecting rent collection to finding leads, we’ll focus on how readily available tools can help you work smarter and more efficiently. Property managers grant or revoke access remotely—ideal for new residents, maintenance teams, or emergency personnel. This post details the most valuable property management tasks to automate.

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Bay Property Management Group

APRIL 23, 2025

But before you dive in, there are a few things you should knowthings that goes beyond the basic buy low, rent high advice. Additionally, if you live in one unit and rent the other, you can lower your housing costs while building equity, offering flexibility for homeowners and investors alike. Sounds smart, right?

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Single-Family Home Finance Rental Income Property Manager 130

Buildium

JUNE 16, 2025

Instead of manually assigning maintenance tasks, your system routes them based on issue type and availability. Example: “If rent is more than 5 days overdue, apply a late fee.” Maintenance and Vendor Workflows Maintenance coordination can become chaotic without clear processes.

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Buildium

MAY 29, 2025

Whether youre sending a quick message, replying to a maintenance question, or sharing documents, everything stays organized and easy to find. Scenario: A tenant submits a maintenance request through a mobile portal at 7 p.m. The system notifies your maintenance team automatically. Everyone stays in the loopno extra effort.

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Buildium

JUNE 9, 2025

Set a realistic budget and decide how you’ll finance acquisitions. Review their software platforms, vendor agreements, and maintenance processes. Financing the Acquisition Acquiring another company requires funding, and knowing your financing options can help you structure deals that align with your goals and cash flow.

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Property Manager Property Management Management Property 130

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. Maintenance Automation Tools Maintenance requests come in at all hours. Maintenance automation tools keep things moving smoothly, from intake to resolution.

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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. Follow that up with the ability to collect rent online , and youll make gathering first, last, and security into one seamless workflow.

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Property Management Software Property Manager Property Management Landlord 242

American Apartment Owners Association

FEBRUARY 6, 2025

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. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

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Buildium

JUNE 12, 2025

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. Two widely used solutions in today’s market are Buildium and Stessa.

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Buildium

MARCH 19, 2025

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Why Rental Leasing Software Is Becoming a Must-Have for Landlords Many landlords start their journey by handling lease agreements, rent payments, and tenant applications manually.

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Bay Property Management Group

APRIL 4, 2025

Ground leases let tenants develop land without owning it, offering benefits like lower upfront costs but posing risks such as rising rent and loss of improvements. Also, they’re usually responsible for paying all its taxes and handling all its maintenance. Lets make sense of it together. Main Takeaways What is a ground lease?

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Bay Property Management Group

MARCH 31, 2025

Duplex Benefits: Condos tend to be affordable and lower maintenance, with shared amenities managed by an HOA. Condo vs. Duplex Disadvantages: Condos tend to have HOA fees and slower appreciation, while duplexes typically require higher upfront costs, more maintenance, and may be harder, or cost more, to finance. What is a Condo?

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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. Maintenance vendors want simple ways to receive and confirm work orders. Maintenance Tracking Create, assign, and monitor work orders.

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Property Manager Property Management Management Property 130

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.

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Buildium

MARCH 19, 2025

Managing rental properties involves more than just collecting rent and maintaining the property. These tools simplify everything from tracking rent payments to generating tax reports, which ultimately saves time and reduces errors. Rental property accounting software offers landlords a practical way to handle these financial tasks.

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Bay Property Management Group

FEBRUARY 25, 2025

It compares your property’s income to its market value, showing how much of that value you’re getting back in the rent each year as a percentage. On the other hand, if your rental yield is too low, that might indicate you need to raise the rent to increase profitability. The bigger the percentage, the better your returns.

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Buildium

MAY 29, 2025

For example: Maintenance requests are assigned and tracked in a shared queue. When you operate digitally, its easier to: Share detailed reports with real-time data Keep documents organized and shareable Show a clear record of communications, maintenance, and finances The difference is noticeable.

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Bay Property Management Group

MARCH 14, 2025

Then, if you pass these extra costs onto tenants, the rent may have to go up even more. How Inflation Can Work in Your Favor Higher Rent: When the cost of living rises, rent naturally follows suit. Possible Downsides Higher Maintenance Costs: Inflation makes repairs and upkeep more expensive since labor and materials cost more.

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American Apartment Owners Association

DECEMBER 9, 2024

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Manage maintenance costs proactively. Analyzing rental trends, vacancy rates, and comparable rents can provide valuable insights into the property’sincome potentialand overall market stability.

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Bay Property Management Group

FEBRUARY 12, 2025

Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies. Common Landlord Mistakes Can Increase Vacancy Rates – Setting rent too high, neglecting marketing, and ignoring maintenance requests can all contribute to longer vacancy periods. What Affects Vacancy Rates?

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Landlord Rental Income Rental Unit Property Manager 147

Bay Property Management Group

MARCH 20, 2025

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. REITs (Real Estate Investment Trusts) are companies that own, manage, or finance real estate across different sectors. They make revenue primarily through rent.

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Real Estate Rental Income Finance Property Manager 130

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. Main Takeaways The income verification process is a core part of finding qualified tenants who can pay the rent on time. A landlord’s top concern is finding tenants who they can rely on to pay the rent on time, every time. So, how do you make that happen?

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BetterWho

SEPTEMBER 21, 2024

High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Or is maintenance due? The cost of turnover adds up.

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Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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Maintenance Rental Property Single-Family Home Property 130

SparkRental

MARCH 3, 2025

The Big Picture on Why Renting Might Be A Better Financial Choice: Renting eliminates the headaches of home repairs and maintenance, which can be expensive and time-consuming for homeowners. Renters benefit from a fixed monthly rent, making budgeting easier without the surprise costs of repairs or property taxes.

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Real Property Management Chicago

NOVEMBER 22, 2024

Remote work actually changes how property managers operate, from overseeing property maintenance to interacting with renters. Previously, responsibilities requiring a property manager to be in person, ranging from maintenance to inspections and beyond, can now be achieved remotely.

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Beach Front Property Management

OCTOBER 23, 2024

Two popular options are flipping houses and renting out properties. What is Renting? Renting, or the buy-and-hold strategy involves leasing a property to residents in exchange for monthly payments. With a structured approach, renting remains a viable long-term investment strategy.

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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. But what is debt-to-income ratio, and why does it matter to real estate investors? What Is Debt-To-Income Ratio (DTI)?

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Buildium

MAY 21, 2025

From receiving rent payments to handling vendor invoices, theres so much money that flows through your business each month. 10: Look for Tax Deductions Keeping accurate, up-to-date books affords you the opportunity to look over all of your finances at once to find opportunities to save money.

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Property Manager Property Management Management Property 130

T&H Realty

MARCH 31, 2025

Navigating the world of property management and real estate investing requires more than just knowing how to buy and rent properties. Whether you’re a seasoned investor or just starting, here are the finance terms you absolutely need to know: 1. After paying your mortgage, taxes, and maintenance, you still have $275 left.

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Real Estate Finance Rental Income Rent 40

Buildium

DECEMBER 26, 2024

As the main, reliable source of income to finance its operating and capital expendituresareas that have been under a lot of pressure recentlyboards see securing this funding as priority number one for effective management. HOA Accounting Managing HOA finances is no small feat.

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Bay Property Management Group

FEBRUARY 6, 2025

So, your landlord will likely have to turn to your security deposit to finance that replacement. In Virginia, your security deposit must be a maximum of 2 months’ rent. So, if your monthly rent in Virginia is $1,000, your landlord’s combined security and pet deposits shouldn’t exceed $2,000.

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American Apartment Owners Association

NOVEMBER 25, 2024

Easier financing: Lenders view multifamily properties as less risky because they are income-producing. Understand Your Financials Before diving into the market, you need a solid understanding of your finances. Check your credit score: A higher score helps secure better financing options. Week 1-2: Laying the Foundation 1.

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Real Estate Finance Rental Income Single-Family Home 130

Buildium

NOVEMBER 25, 2024

We’re still seeing the downstream effects of the Fed’s interest rate increases, as well as softening rent growth, cascade through the development sector. (A A similar trend is expected to play out in the build-to-rent sector.) Household formation has been strong: According to Harvard’s Joint Center for Housing Studies , 1.5

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Schofields Insurance

MAY 29, 2025

Reading Time: 7 minutes Whether you are buying a property abroad in a beautiful destination to jet off to for holidays or to rent it out, there are several important factors to consider when it comes to overseas property investment. When youre not there, you can rent out your holiday home to generate extra income from paying guests.

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