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What Is a Master Lease in Real Estate, Answered

Bay Property Management Group

So, what exactly is a master lease in real estate? What Is a Master Lease in Real Estate? A master lease is a contract agreement that lets lessees control a property for an agreed period, even though they don’t fully own it. However, remember that the property still belongs to the owner.

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Can a Landlord Break a Rent-to-own Contract?

Bay Property Management Group

Its a unique combination of renting and owning the property. This guide will explain everything you need to know about rent-to-own properties. Heres what you should know before jumping in: Upfront Costs: Youll typically need to pay an option fee upfront, which secures your right to buy the property later.

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

Esquire Property Management Group

One of the most important things for property owners to do is to locate and retain good tenants. The proactive marketing of properties and the negotiation of lease renewals are two things that can help reduce vacancy rates. Are the fees and costs of your property management service competitive with other companies?

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What Is A Lease Violation and How To Prevent Them

Bay Property Management Group

But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one? What Is a Lease Violation? What Is a Lease Violation? Lets break it down below. Worst of all, it may not stop at you being evicted.

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The 10 Features of a Great Property Management Company

Property Management Inc.

Here's a look at the 10 features of a great property management company to help you find the perfect fit for your real estate investments. The Value of Property Management Companies When you collaborate with professional property management companies, you pass the baton on the most time-consuming aspects of property management.

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How Long Does a Landlord Have to Replace a Refrigerator?

Bay Property Management Group

According to our Philadelphia property managers, if your landlord has provided you with a refrigerator, it’s their responsibility to replace it unless your lease states otherwise. Some of the biggest things to consider are: Lease Agreement Terms If your appliance has stopped working, your first step is to see your lease.

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Feeling Worn Out? Seven Signs It’s Time to Hire a Property Manager

RL Property Management

It Wasn’t Supposed to Be This Hard… You bought the property to build wealth, create freedom, or maybe just avoid selling a home you werent ready to let go of. Plenty of self-managing landlords hit a point where managing their rental turns into a second job they never signed up for. Sound familiar? Youre not alone.