Remove Lease Agreement Remove Maintenance Remove Presentation
article thumbnail

How Common Is Mold In Rental Homes?

Bay Property Management Group

Main Takeaways Mold is a common issue in rentals often stemming from moisture, poor ventilation, and maintenance, and it presents various health risks. Poor maintenance – Sometimes, property owners don’t carry out regular maintenance. Once those are present, it can show up almost anywhere in a home.

article thumbnail

How property managers can expand their business by acquiring other property management companies

Buildium

Review their software platforms, vendor agreements, and maintenance processes. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes. Learn how tenant communications and customer service are handled.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Esquire Property Management Group

Being open and honest about maintenance difficulties, tenant complaints, and financial concerns is an essential component of transparency. The maintenance of a property is vital for maintaining the value of the property and ensuring that tenants are satisfied.

article thumbnail

How to Keep Great Tenants in Columbus: Your Retention Playbook

RL Property Management

Clear Lease Agreements: The Foundation for Tenant Retention in Columbus A well-crafted lease agreement is more than just a legal document. Maintenance responsibilities: Clarifying what the tenant is responsible for versus what the landlord or property manager will handle.

article thumbnail

What Is a Ground Lease? What You Need To Know

Bay Property Management Group

Just like a normal lease, the tenant in a ground lease is allowed to build on the land and use it for a certain number of years, but they dont actually own the land. Also, they’re usually responsible for paying all its taxes and handling all its maintenance. It requires extensive legal oversight.

article thumbnail

Financing Your Next Rental Property in Columbus, Ohio (What Smart Investors Need to Know)

RL Property Management

Stricter Underwriting Expect detailed documentation: tax returns, reserves, lease agreements, and rental history. Establish an Exit Plan Have clear agreements on when and how the partnership ends, sale, buyout, or refinance. Consistent maintenance and long-term planning signal asset protection.

article thumbnail

Critical Issues in Triple Net Leases Investors Should Know

Esquire Property Management Group

The “passive” income strategy enables the acquisition of lucrative commercial real estate without confronting the complexities associated with property maintenance and management. The reality is clear: triple net leases are seldom as unequivocal as they first seem. Just a few instances are provided below.