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. What’s the Best Way to Handle Lease Renewals?

Lease 130

Lease Rent Property Manager Property Management 130

Bay Property Management Group

APRIL 4, 2025

Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. For investors looking to build without spending millions on land, or landlords who want a more passive investment, this kind of lease could be the golden ticket. Main Takeaways What is a ground lease?

Lease 130

Lease Landlord Tenant Finance 130

Bay Property Management Group

APRIL 8, 2025

Not every rental situation comes with a formal lease. But it does raise a big question: What rights do tenants have without a lease? From understanding tenants at will to knowing how eviction protections and security deposits work, well walk you through the key rights every landlord should know even without anything in writing.

Lease 130

Lease Tenant Landlord Property Management 130

Buildium

MARCH 19, 2025

If youre a landlord with just one or small portfolio of properties, managing your investment can quickly dominate your time. Residential rental property landlords have a lot to gain from these advanced tools, from easier tenant management to more accurate, less time-consuming accounting.

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Property Management Software Property Manager Property Management Landlord 130

Bay Property Management Group

MARCH 17, 2025

But with your lease coming to an end, youre now at a crossroads, wondering how to renew lease agreements and secure your home for another term. Main Takeaways Start the conversation earlyat least 60-90 days before your lease endsso you have time to negotiate and explore other options. What is Lease Renewal?

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Lease Agreement Lease Tenant Landlord 130

Bay Property Management Group

FEBRUARY 13, 2025

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? A lease violation occurs when a tenant doesnt follow the lease terms they agreed to.

Lease 130

Lease Lease Agreement Landlord Property Management 130

Bay Property Management Group

FEBRUARY 26, 2025

But, at the end of the day, can a landlord charge a cleaning fee after you move out? Main Takeaways Yes, a landlord can charge a cleaning fee after you move out–with asterisks. Main Takeaways Yes, a landlord can charge a cleaning fee after you move out–with asterisks. If not, they cannot push it on you.

Landlord 130

Landlord Lease Agreement Lease Property Management 130

Buildium

APRIL 23, 2025

As a property manager, leasing is always a top priorityafter all, without tenants, theres no income. This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance. Leasing and Property Management: Why It Matters Leasing is the lifeblood of residential property management.

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Lease Property Manager Property Management Management 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. For Landlords, offeringRent Reportingcan encourage on-time payments and attract responsible Tenants. What is AB 2747? Confirmation that Rent Reporting is optional.

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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. For 2025, the top software choice for landlords who need a simple, effective, and inexpensive solution is Innago.

Property Management Software 207

Property Management Software Property Manager Property Management Management 207

Bay Property Management Group

MARCH 13, 2025

The rent-to-income ratio is a simple, yet powerful, tool that helps landlords gauge financial stability before signing a lease. In this article, well help you understand how to calculate the rent-to-income ratio, why it matters to you as a landlord, and what to do if a tenant doesnt meet the threshold. Heres why: 1.

Landlord 130

Landlord Rent Tenant Lease Agreement 130

Rental Choice

NOVEMBER 28, 2024

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. What is a Lease Renewal? It is essentially a new lease for the same property.

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Lease Landlord Tenant Rent 246

Bay Property Management Group

FEBRUARY 4, 2025

And can a landlord break a rent-to-own contract? Understanding Rent-To-Own Contracts When you enter a rent-to-own agreement, youre essentially signing two deals in one: A regular lease agreement with the plan to buy the property at the end of the lease. Can a Landlord Break a Rent-to-own Contract?

Rent 130

Rent Landlord Lease Agreement Property Management Services 130

Bay Property Management Group

FEBRUARY 19, 2025

Now you’re wondering: How long does a landlord have to replace a refrigerator and other appliances? In turn, your laws will outline how long your landlord has to handle an emergency. How Long Does a Landlord Have to Replace a Refrigerator? Also, it should state how long the landlord has for such repairs in the lease.

Landlord 130

Landlord Lease Agreement Tenant Property Manager 130

Bay Property Management Group

FEBRUARY 24, 2025

Imagine going through the long process of renting a place, only to find out your landlord has policies about who can visit. So, can a landlord tell you who can be at your house? However, for the landlord, its also their investment. Can a landlord tell you who can be at your house because of this? Its a tricky situation.

Landlord 130

Landlord Lease Agreement Lease Tenant 130

American Apartment Owners Association

JANUARY 29, 2025

Why Rental Property Accounting Software is Important for Landlords Before you can understand why real estate accounting software is important, you must first understand what it is. But which option is the best landlord accounting software for you? So, what is property management accounting software and why should you use it?

Landlord 130

Landlord Property Management Software Finance Property Manager 130

American Apartment Owners Association

DECEMBER 16, 2024

Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. In this article, you will find the most common lease violation types. Dive into the details of lease violations and how to resolve them smoothly and successfully!

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Lease Lease Agreement Attorney Maintenance 233

Bay Property Management Group

FEBRUARY 12, 2025

More importantly, what factors influence it, and how can you avoid common mistakes that many landlords make? Monitoring this metric helps landlords assess their propertys competitiveness and make strategic adjustments. Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies.

Landlord 147

Landlord Rental Income Rental Unit Property Management 147

American Apartment Owners Association

DECEMBER 16, 2024

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. Privacy Both landlords and tenants have the right to privacy.

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Landlord Lease Agreement Tenant Rental Property 246

Rentec Direct

APRIL 11, 2025

Tenant turnover is the time between lease agreements when one renter moves out and the next renter moves in. Want to reduce rental vacancy […] The post Tenant Turnover Tips for Landlords and Property Managers – Video appeared first on Rentec Direct Blog.

Property Manager 130

Property Manager Property Management Tenant Landlord 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. With an online system, payments automatically record, saving landlords hours of manual work.

Landlord 130

Landlord Rent Property Management Software Tenant 130

RL Property Management

MARCH 25, 2025

If youre a DIY landlord trying to save time or cut corners, heres some advice: DONT. Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. This is where many landlords slip. Then someone messages you.

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Lease Agreement Lease Landlord Property Management 59

Buildium

MARCH 19, 2025

As a landlord, attracting reliable tenants is one of the most important aspects of managing your rental property. Social Media Marketing Social media platforms such as Facebook, Instagram, and Pinterest allow landlords to showcase their properties in a visual format. Use high-quality images and videos to highlight key features.

Rental Property 130

Rental Property Landlord Property Media 130

Buildium

MARCH 19, 2025

If youre a landlord, understanding tax accounting for rental property is a surefire way to get save bookkeeping time while getting most return for your investment. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees.

Rental Property Management 130

Rental Property Management Rental Property Property Manager Property Management 130

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

Lease 52

Lease Landlord Lease Agreement Property 52

Real Property Management Evertrust

MAY 8, 2025

In these occurrences, non-renewal is one of the best approaches to end your current lease. Eviction is how a landlord can legally remove a tenant from a rental property. Usually, this arises when the tenant breaks a rule in their lease. In some regions, the notice must be sent 90 days before the leases end.

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Lease Landlord Management Tenant 141

Genuine Property Management

JANUARY 6, 2025

As a tenant, signing a lease creates a sense of stability and ensures you have a home for the agreed period. But what happens if a landlord decides to break that agreement? appeared first on Welcome to Genuine Property Management.

Lease 130

Lease Landlord Lease Agreement Tenant 130

Bay Property Management Group

JANUARY 26, 2025

Many landlords ask, ‘is rental income taxable?’ In this article, we’ll cover the core tax tips every landlord should knowfrom what counts as rental income to how to track your expenses and deductions. So, not everything you receive as a landlord is taxedit depends on how you use it.

Rental Income 130

Rental Income Landlord Utilities Insurance 130

Bay Property Management Group

APRIL 3, 2025

You may have missed a rent payment or violated your lease, and now the issue has escalated. Your landlord has served you with a notice to quit, and you don’t know what in the world you should do. So, in this article, well break down what a notice to quit in PA is, when landlords can issue one, and what happens after its served.

Landlord 130

Landlord Lease Tenant Rent 130

Rental Housing Journal

FEBRUARY 7, 2025

If the heater goes out in my rental should I give tenants credit while awaiting the repair is the question this week for Ask Landlord Hank. After he retired, he started a real-estate brokerage business with his sister that focuses on property management and leasing. He provides answers each week to landlords.

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Landlord Tenant Attorney Apartment 97

Bay Property Management Group

MAY 21, 2025

But leases can be long, landlord policies can feel confusing, and sometimes its hard to tell whats legally correct from whats just how things are usually done. Virginia tenant rights ensure fair treatment, safe housing, and clear rental agreements under the Virginia Residential Landlord and Tenant Act (VRLTA).

Tenant 130

Tenant Lease Agreement Landlord Lease 130

Bay Property Management Group

NOVEMBER 25, 2024

There are so many types of leases. Examples of these are gross lease vs. net lease vs. triple net lease, which all sound very technical and full of jargon. As dedicated property managers in Baltimore and surrounding areas, we deal with a lot of leases. Table of Contents What is a Gross Lease? Good question.

Lease 147

Lease Insurance Commercial Property Utilities 147

Bay Property Management Group

JANUARY 19, 2025

In simplest terms, prorated rent generally refers to a rent amount the landlord adjusts according to how many days you’ve lived in an apartment. Some local laws require landlords to follow their regulations around prorated rent. However, landlords may also offer it by choice, for their own reasons. What is Prorated Rent?

Rent 147

Rent Landlord Tenant Lease 147

Buildium

JANUARY 13, 2025

But are landlord and renters insurance the only options out there? Or what if they want a little extra coverage outside of typical landlord policies? Landlord insurance, on the other hand, will cover a wider array of perils, and may even cover the contents of a damaged unit, rather than the structure only.

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Insurance Property Management Property Manager Landlord 246

Genuine Property Management

MARCH 18, 2025

Discover five valid reasons to allow a tenant to break their lease and how to handle early terminations smoothly as a landlord.

Lease 130

Lease Landlord Tenant 130

Real Property Management Evertrust

NOVEMBER 7, 2024

Yet, for single-family rental homes, many owners and landlords can delegate the task of snow removal to the tenant. Lease Documents Most single-family rental property owners require their tenants to handle snow removal. On the other hand, if you plan to provide snow removal, include it in the lease as well.

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Tenant Landlord Property Manager Property Management 227

Esquire Property Management Group

FEBRUARY 13, 2025

Triple net NNN leases seem to be all the rage for real estate investors. Real estate investors exhibit significant interest in triple net leases for several reasons. The reality is clear: triple net leases are seldom as unequivocal as they first seem. What is a Triple Net Lease and Why are they Desirable?

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Lease Landlord Real Estate Tenant 64