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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

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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Average Rent In Northern Virginia: Costs & Fees Explained

Bay Property Management Group

Thinking about renting in Northern Virginia? But before you sign that lease, its good to know what youre really getting intofrom the average rent in Northern Virginia to the hidden fees and seasonal trends that affect pricing. or securing a longer lease while staying mindful of fees like parking and utilities.

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Lessor vs. Lessee: How Are They Different?

Bay Property Management Group

They both come from leasing; a lease agreement where one person lets another use their property in exchange for payment. For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). A lessor is one of the most critical real estate terms.

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The shift to digital property management and what it means for your business

Buildium

You dont have to: Dig through file cabinets Sort through email chains Ask your team who last had the document Leases, correspondence, work orders, receipts, insurance certificatesits all right there. Start small: Lease renewals, rent tracking, or maintenance logs. These are your best candidates for digitization.

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Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

Pet deposits are basically a landlord’s safety net, a form of informal “insurance.” You Meet All Lease Terms If your landlord has found you followed the lease agreement (e.g., In Virginia, your security deposit must be a maximum of 2 months’ rent. What Are Pet Deposits? Congratulations!

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Do I need landlord liability insurance? key benefits and tips for adequate coverage

MRI Software

Renting out property can be a great way to generate income, but it also comes with potential financial risks. This guide will cover what landlord liability insurance is, why its essential, and the key benefits it offers. This guide will cover what landlord liability insurance is, why its essential, and the key benefits it offers.

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What Is Debt-To-Income Ratio (DTI): What Investors Need to Know

Bay Property Management Group

Lets look at them both: Front-End DTI (Housing DTI) The front-end DTI focuses only on housing expensesthings like your mortgage payment, property taxes, homeowners’ insurance, and HOA fees, if applicable. Meanwhile, g roceries, utilities, insurance, phone bills, and entertainment expenses don’t typically count as debt.