Remove Government Remove Rent Remove Rental Income
article thumbnail

Understanding Non-Occupancy Charges in Housing Societies

ADDA

These typically apply when the unit is rented to tenants or kept vacant. Share benefits of rental income with the society. Locked or vacant flats not rented out. Key Government Guideline: RWAs cannot charge tenants more than owners for maintenance. What Are the State-Wise Rules for Non-Occupancy Charges in India?

article thumbnail

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

Bay Property Management Group

Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. How Does Rent Stabilization Work? So, What Does That Really Mean?

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is An Easement In Real Estate? What To Know

Bay Property Management Group

These rights are often granted to neighbors, utility companies, or government entities for different purposes. They can affect what and where you can build , influence privacy, and impact rental income or resale value, especially if they restrict property use. What is an Easement in Real Estate and Why Does it Matter?

article thumbnail

Solving California’s Housing Crisis: 5 Ways Strategic Property Management Supports Affordable Housing Success

Beach Front Property Management

Navigating Regulatory Challenges with Expertise Affordable housing in California is highly regulated, with a complex maze of laws governing rent control, renter protections, and government funding programs. Our experienced affordable housing property management team understands how to navigate all these regulations.

article thumbnail

Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

Rent collection also varies significantly. Provisions typically include details like rent, security deposits, and tenant rights. These regulations govern everything from tenant screening to lease negotiation. Tailoring management strategies to the property type can boost rental income and property value.

article thumbnail

What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

property management isnt just about fixing leaky tapsits knowing whether you can legally rent out that little unit in your backyard without breaking any rules. But also, some people use it for guests, older kids, or even as a rental unit to bring in some extra cash. In places like Washington D.C.,

article thumbnail

Starting a Vacation Rental Business: 101 Guide

Hospitable

We'll guide you through the process and share some essential tips for achieving success in vacation rentals. Starting a Vacation Rental Business: Key Things to Consider So, what is a vacation rental business? Renting vacation rental properties is widely popular among travelers seeking a comfortable and immersive experience.