Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent

Bay Property Management Group

JUNE 3, 2025

Others feel that a walk-up apartment means charm, character, and saving a few hundred dollars on rent each month. Now, if youre renting in a big East Coast city, chances are youve already come across a walk-up or two. Lets take a look at the most common ones youre likely to encounter if you decide to rent one.

Apartment

Buildium

JUNE 9, 2025

As a comprehensive property management platform, it includes a dedicated set of tools for handling maintenance from intake to resolution—alongside a complete roster of other features for property accounting , rent collection , leasing, and more. They will be prompted to assign a vendor to the job. That’s where Buildium comes in.

Property Maintenance

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. Older rent collection process often presents significant challengesmissed payments, delayed processing, and the hassle of managing paper records.

Landlord

Bay Property Management Group

FEBRUARY 4, 2025

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties. But its not always that simple.

Rent

Bay Property Management Group

JANUARY 29, 2025

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more.

Utilities

Real Property Management Chicago

JUNE 6, 2025

Lease renewals and rent adjustments are one of the most challenging aspects of property management. As a result, it’s crucial to understand how to handle lease renewals and rent adjustments reasonably to make long-term profitability. It is recommended to reward responsible renters with reasonable rent increases and incentives.

Lease

Buildium

MAY 29, 2025

If youre still juggling manual processes, emails, and paper folders, moving to a digital-first operation might feel like a big leap. But the truth is, its less about the tools and more about the mindsetand the long-term payoff is substantial. What Is Digital Property Management? Why Go Digital? Youre also better prepared for the unexpected.

Property Management

Bay Property Management Group

JANUARY 27, 2025

Wondering, “what credit score do you need to rent an apartment?” answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with. answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with.

Rent

American Apartment Owners Association

MARCH 20, 2025

AB 2747 is a California rent law designed to make Rent Reporting more accessible, helping Renters build credit while setting clear guidelines for Landlords. Rent is one of the largest recurring expenses for most people, yet it has historically not been reflected in credit scores. Confirmation that Rent Reporting is optional.

Landlord

Rental Housing Journal

JULY 8, 2025

By Michael Coleman and Faris Babineaux Associates, Haynes Boone As of May 7, 2025, Washington state has a new rent control law under House Bill 1217. Washington is now the third state in the country with a statewide rent cap, joining California and Oregon. It only applies to increases on or after that date.

Rent

Bay Property Management Group

APRIL 9, 2025

Other times, theyre what makes that monthly rent feel worth it. Some are included in rent, while others may come with added fees. Amenities affect rental prices higher-end features often mean higher rent or extra charges, so it’s important to weigh costs against convenience and lifestyle benefits. Read more below.

Tenant

American Apartment Owners Association

JANUARY 13, 2025

Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends.

Attorney

American Apartment Owners Association

FEBRUARY 25, 2025

Why Landlords Need to Use Property Management Software in 2025 Rental property management comes with a laundry list of responsibilities from collecting rent and screening tenants to monitoring expenses. Online Rent Collection & Payment Processing No more chasing down checks or dealing with late payments! Mul tiple payment options.

Property Management Software

Osprey Property Management

JULY 8, 2025

From missed rent to expensive repairs and long vacancies, the hidden costs of self-management add up fast. Managing your own rental property might seem like a smart way to save money, but many property owners find that doing it all themselves costs more in the long run.

Property Management

Buildium

APRIL 3, 2025

Enable online rent and deposit payments. Among the factors that influenced their decision, their perception of the value of their current rental weighed against the rent they’re paying. While a new lease may come with a higher rent than a lease renewal, tenants are still concerned about rent affordability and may look elsewhere.

Lease

Fourandhalf

JANUARY 22, 2025

The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics. He was investigating what it would look like if property managers looked at maintenance from a data-driven standpoint. He was beginning to collect all the necessary data. Its a super-high trust game.

Residential Property

Yardi Breeze

JANUARY 23, 2025

Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due? Back in 2009, we were a small company with around 120 units. We helped start a local NARPM chapter, and I became its president. Tim : NARPMs conferences are unlike any other. That kind of camaraderie is rare in most industries.

Property Management

Real Property Management Evertrust

JULY 17, 2025

Renting a new home can be motivating, whether it’s your first rental home or just one of the many. Let’s check out what you need to learn about the cost of renting, utilities for renters, and more. Security Deposit Explained: Be Prepared Upfront When you rent a new home, it is important to pay a security deposit.

Utilities

Buildium

JUNE 26, 2025

They’re designed to ease the financial burden on renters while still offering protection for property managers in case of damage or missed rent. Instead, it leverages bank-issued lines of credit for each renter and then initiates a draw against the line of credit in the event of damages or unpaid rent. to 20% of its value.

Tenant

Buildium

JUNE 12, 2025

We’ll share rental market statistics for each city, including inventory growth, rent growth, vacancy rates, cap rates, and property price appreciation. Johnson City, TN Rental Market Statistics Rental Inventory (Q3-’24): 7,899 Units Added Since Q3-’23: +0 Asking Rent Growth Since Q3-’23: 5.5% Multifamily Cap Rate (Q3-’24): 7.6%

Property Management

Buildium

FEBRUARY 4, 2025

But when there is so much else to keep track ofmaintenance requests, rent collection, and the likeits easy to neglect your marketing and fall into some common marketing mistakes. Its an important part of business operations that not only brings in new owners and residents, but builds and maintains relationships with current ones.

Property Management

Real Property Management California Coast

JUNE 6, 2025

The post Creating Virtual Walkthroughs That Rent Your Property Faster appeared first on Real Property Management California Coast. To create an engaging virtual walkthrough of your rental property, strategic execution is essential. Let’s delve into the top practices for developing 3D tours that convert viewers into renters.

Rent

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Are you taking that big step and purchasing your first multifamily property? Or are you an old pro adding another investment property to your real estate portfolio?

Property

Buildium

JUNE 16, 2025

Example: “If rent is more than 5 days overdue, apply a late fee.” Rent Collection and Delinquency Workflows Rent collection is one of the most time-sensitive workflows, which means it stands to gain a lot from automation. We won’t focus on specific tools here. It’s like building a self-moving assembly line.

Property Management

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?

Apartment

Buildium

APRIL 23, 2025

For example, Buildium Marketplace partner Beekin gives you rent estimates on apartments, single-family homes, and condos based on 15+ million rental units. Plus, AI can help you catch maintenance issues early to reduce repair costs and optimize utility use to lower energy costs.

Property Management

American Apartment Owners Association

MARCH 4, 2025

In today’s market, the kitchen and bathroom design, look, and feel are major contributors and factors in renting and buying decisions. This lowers the labor cost and decreases the time a unit is unavailable to rent. This means that there is serious competition between rental properties to attract and maintain occupants.

Apartment

Hospitable

JULY 4, 2025

Airbnb vs. Renting: Which Option Is Better? However, one of the main discussion points among real estate investors is the debate about whether to list a property on Airbnb or opt for traditional long-term renting. In this article, we’ll compare Airbnb vs. renting to help you discover the pros and cons of each rental strategy.

Airbnb

Buildium

APRIL 23, 2025

Be Detailed: Include all the necessary information, such as the rent amount, due dates, security deposit, and any property-specific rules. Its all about finding responsible renters who will treat the property well and pay rent on time. Verify Income: Make sure tenants can cover the rent.

Lease

Buildium

MAY 12, 2025

4: Online Rent Payments Reduce the need to chase down residents month after month. 4: Online Rent Payments Reduce the need to chase down residents month after month. In fact, with the days of ledger and spreadsheet accounting fast fading, its virtually impossible to run a growing portfolio without it.

Property Management

Buildium

JUNE 12, 2025

We’ll share rental market statistics for each city, including inventory growth, rent growth, vacancy rates, cap rates, and property price appreciation. Bloomington, Illinois Rental Market Statistics Rental Inventory (Q3-’24): 9,797 Units Added Since Q3-’23: +0 Asking Rent Growth Since Q3-’23: 2.3% Multifamily Cap Rate (Q3-’24): 8.3%

Property Management

Buildium

JUNE 12, 2025

But as we’ll discuss throughout this post, it’s important to keep in mind that North Carolina has also seen an influx of new construction that’s impacting occupancy and rent growth in the near term. Greensboro, NC Rental Market Statistics Rental Inventory (Q3-’24): 50,563 Units Added Since Q3-’23: +588 Asking Rent Growth Since Q3-’23: 1.8%

Property Management

Buildium

JULY 16, 2025

Specialized Tools Some software tools focus on one specific task—like collecting rent, scheduling maintenance, or screening tenants. Online Rent Collection Tenants want convenient ways to pay rent. Online Rent Collection Tenants want convenient ways to pay rent. This guide breaks all of that down.

Property Management Software

Buildium

JANUARY 27, 2025

Well share rental market statistics for each city, including inventory growth, rent growth, vacancy rates, cap rates, and property price appreciation. Tallahassee, Florida Rental Market Statistics Rental Inventory (Q2-24): 23,843 Units Added Since Q2-23: +906 Asking Rent Growth Since Q2-23: 2.8% Multifamily Cap Rate (Q2-24): 6.7%

Property Management

Buildium

MAY 29, 2025

Collecting Rent and Managing Finances: Less Stress, More Consistency Before: Late Checks and Manual Spreadsheets Rent day used to mean waiting for mailed checks, making trips to the bank, and updating ledgers by hand. Scenario: Tenants get automatic reminders a few days before rent is due. You called vendors one by one.

Property Management

Fourandhalf

JULY 17, 2025

Homeowners Don’t Understand What Property Management Really Involves Have you ever met a landlord who thinks that all property managers do is collect rent? If they think collecting rent is all that is involved, most property owners will assume they can do the job themselves. But property management is so much more than that.

Property Management