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What is Rent-to-Income Ratio and Why Should Landlords Care?

Bay Property Management Group

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. This quick calculation gives landlords a clear picture of whether the tenant can afford the rent.

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Tenant Turnover Tips for Landlords and Property Managers – Video

Rentec Direct

Tenant turnover is the time between lease agreements when one renter moves out and the next renter moves in. During tenant turnover you need find a new tenant, complete any repairs and necessary maintenance for your next renter and schedule a move-in date so you can maximize your rental income.

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What Is a Master Lease in Real Estate, Answered

Bay Property Management Group

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. But the actual ownership stays with the landlord. Essentially, the lessee is running it like their own business during the lease term. Then, that can boost your rental income.

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Multifamily property lease audits: Best practices for landlords

MRI Software

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?

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The 10 Worst States To Be A Landlord

Rental Housing Journal

In the 10 worst states to be a landlord, it can be tough between taxes, tenants who don’t live up to their lease agreements, maintenance woes, and the cost of maintaining a property. TurboTenant , a property-management software company, compiled the 10 worst states in which to be a landlord based on those factors and more.

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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. Landlords may face various liability risks, from tenant injuries to property damage claims. Without the right protection, landlords could encounter costly lawsuits and unexpected expenses that threaten their investment.

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7 Acceptable Reasons for Late Rent Payments Every Landlord Should Know

Property Management Inc.

You've managed your property meticulously, balanced your mortgage payments, and established lease agreements. This blog provides you with valuable insights on how to handle late payments while maintaining strong tenant relationships and protecting your rental property income.