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. Ultimately, remember to take your history with your current tenant into consideration.

Lease 130

Lease Rent Property Management Rental Income 130

Bay Property Management Group

MARCH 13, 2025

Have you ever wondered how to quickly assess whether a tenant can afford your rental property? The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. What is Rent-to-Income Ratio? It compares how much money someone makes to how much theyll pay for rent.

Landlord 130

Landlord Rent Tenant Lease Agreement 130

Bay Property Management Group

MAY 21, 2025

Renting a home in Virginia should feel safe, fair, and clear. Thats where knowing your Virginia tenant rights makes all the difference. Read alongweve broken it all down in simple, relatable terms to help you feel more confident and informed as a tenant. Main Takeaways What are Virginia tenant rights?

Tenant 130

Tenant Lease Agreement Landlord Lease 130

Bay Property Management Group

APRIL 25, 2025

And if youve been asking yourself, What insurance do I need if I rent out my house? Main Takeaways What insurance do I need if I rent out my house? Additional protections can safeguard you against specific risks , such as flood insurance for properties in flood-prone areas, vandalism coverage, and tenant discrimination protection.

Insurance 130

Insurance Rent Rental Income Landlord 130

Real Property Management Evertrust

MAY 26, 2025

Communication is vital in forming a strong relationship between landlords and tenants, as it outlines the responsibilities of both sides. This not only enhances the tenant experience but also strengthens the overall relationship between the parties involved. The name and address of the tenant.

Landlord 141

Landlord Tenant Lease Agreement Utilities 141

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 130

Rent Landlord Lease Agreement Property Management Services 130

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 130

Landlord Rent Property Management Software Tenant 130

Bay Property Management Group

JANUARY 22, 2025

But dont worrythere are still ways to rent after one, even if it feels tough. Main Takeaways Knowing exactly how to rent with an eviction on your record can seem daunting. You could rebuild your rental history with short-term rentals, use honesty as the best policy with potential landlords, rent with a co-signer, and seek legal aid.

Rent 147

Rent Landlord Applications Applicants 147

Genuine Property Management

MAY 19, 2025

Renting to college students can be a profitable venture, particularly in cities with thriving academic institutions. Understand the Student Tenant Profile College students are […] The post A Landlord’s Guide to Renting to College Students appeared first on Welcome to Genuine Property Management.

Rent 130

Rent Landlord Lease Property Management 130

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 130

Rent Landlord Applications Applicants 130

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 130

Utilities Rent Lease Agreement Landlord 130

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 130

Landlord Rent Lease Agreement Lease 130

American Apartment Owners Association

FEBRUARY 25, 2025

Property management software (PMS) has become a must- have for landlords who want to streamline operations, manage their tenants, and maintain organized finances. Simplifies Tenant Screening: Some platforms provide background checks and credit reports in real-time. What Sets Innago Apart as the Best Property Management Software?

Property Management Software 207

Property Management Software Property Management Property Manager Management 207

Bay Property Management Group

JANUARY 30, 2025

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference.

Rent 130

Rent Landlord Tenant Lease 130

Bay Property Management Group

APRIL 8, 2025

In fact, plenty of people just start paying rent and move inno paperwork, no problem… right? But it does raise a big question: What rights do tenants have without a lease? Main Takeaways Tenants at willthose renting without a formal leasestill have legal protections in Washington, D.C. Read below to learn more.

Lease 130

Lease Tenant Landlord Property Management 130

Bay Property Management Group

MARCH 17, 2025

In this guide, well walk you through everything you need to know: what a lease renewal is, when to do it, the benefits and drawbacks, how to negotiate better terms, and your legal rights as a tenant. Highlight your value as a tenant by mentioning your reliability and good record. Let’s get into it.

Lease Agreement 130

Lease Agreement Lease Tenant Landlord 130

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 130

Property Management Property Manager IT Management 130

Bay Property Management Group

MAY 15, 2025

Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. The price stays steady, the lease keeps renewing, and tenants feel secure staying long-term. In this guide, well break down what rent stabilization really means, who it applies to, and what renters and landlords should know.

Apartment 130

Apartment Rent Landlord Lease 130

Buildium

APRIL 3, 2025

From renters wanting to embrace technology throughout their property search and leasing process to property managers finding ways to increase tenant retention in light of renters dwindling financial health, this post will provide key insights on what you can do to keep growing. Allow prospective tenants to apply online directly from listings.

Lease 223

Lease Property Management Property Manager Management 223

BetterWho

APRIL 24, 2025

Tenant Management for Property Managers Understanding the essentials of tenant management , why it matters, and how property managers can improve operations and tenant satisfaction. What Is the Meaning of Tenant Management? Good tenant management ensures smooth operations, tenant retention, and legal compliance.

Property Management 130

Property Management Property Manager Tenant Lease Agreement 130

Buildium

FEBRUARY 4, 2025

Property management marketing isn’t just about listing properties; its about creating a brand, engaging with potential tenants, and maintaining relationships with current ones. Poor Property Listings A property listing is often the first impression potential tenants have of a property. Ignoring SEO There are no two ways about it.

Property Management 233

Property Management Property Manager Management Media 233

Buildium

MARCH 3, 2025

When used strategically, automation can streamline communication, improve response times, and create a better experienceultimately helping you build stronger relationships with tenants and owners. At its core, automation reduces the manual work required to complete everyday tasks, such as rent collection or marketing listings.

Property Management 147

Property Management Property Manager Tenant Management 147

Bay Property Management Group

MARCH 3, 2025

While its not legally required, many experienced and tenant-focused property management companies in Philadelphia may require it for their rentals. One of the perks of renting is that you don’t have to take responsibility for covering the building’s issues, insurance-wise. This article will answer all those questions.

Insurance 147

Insurance IT Property Management Property Manager 147

Buildium

APRIL 23, 2025

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. Enhanced Tenant Experience: Unlike human customer support agents, AI chatbots never get tired.

Property Management 234

Property Management Property Manager Management Property Management Software 234

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 290

Attorney Property Management Property Manager Landlord 290

American Apartment Owners Association

DECEMBER 9, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Offer a Financial Incentive At times, a tenant may need to vacate for various reasons.

Tenant 246

Tenant Lease Agreement Lease Landlord 246

American Apartment Owners Association

DECEMBER 16, 2024

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

Tenant 246

Tenant Lease Property Management Property Manager 246

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.

Landlord 255

Landlord Airbnb Rent Tenant 255

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. And over time, those missed details can lead to bigger problemslonger vacancy periods, frustrated tenants, and even disputes that could have been avoided.

Property Management Software 242

Property Management Software Property Management Property Manager Landlord 242

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. What Is the Rental Yield (and Why Does it Matter?)

IT 130

IT Rental Property Finance Property Management 130

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. These factors can affect a propertys value and its appeal to tenants. Are you taking that big step and purchasing your first multifamily property?

Property 200

Property Rental Income Insurance Real Estate 200

Bay Property Management Group

JANUARY 5, 2025

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

Rent 262

Rent Rental Income Property Management Property Manager 262

Rental Housing Journal

MAY 19, 2025

Renting by the room: David Pickron shares his experience and some of the hard-fought wisdom he came away with trying to maximize rental income. After meeting with the experts, recording podcast episodes about it, and talking it over for months, I dipped my toe into the rent-by-the-room market. By David Pickron I finally did it!

Rent 91

Rent Rental Income Landlord Tenant 91

BetterWho

SEPTEMBER 21, 2024

Retaining good tenants goes beyond convenience—it impacts your bottom line. 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., means that keeping your tenants happy is very important.

Property Management 233

Property Management Tenant Property Manager Management 233

Real Property Management California Coast

JUNE 6, 2025

This powerful tool allows prospective tenants to navigate properties on their own, reducing the need for an in-person showing. Virtual tours save time by limiting in-person showings to prospective tenants who are ready to apply. Offering a 3D tour to prospective tenants can attract and convert viewers to renters.

Rent 93

Rent Property Rental Property Property Management 93

American Apartment Owners Association

DECEMBER 20, 2024

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. Fundamentals of Tenant’s Rights An essential tenant-right is privacy. Landlords and property managers must follow this rule to avoid making unnecessary or excessive admissions into the rented space.

Property Management 246

Property Management Property Manager Tenant Lease Agreement 246

Yardi Breeze

JANUARY 23, 2025

which focuses on protecting tenants rights, landlords rights and property rights. Right now, were seeing it used for tasks like writing property listings, touching up photos and automating tenant inquiries. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due?

Property Management 264

Property Management Property Manager Management Property 264