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What Is a Master Lease in Real Estate, Answered

Bay Property Management Group

If you’re unsure how this might work for you, professional property managers in Philadelphia can help you navigate agreements like these and handle day-to-day operations. Here’s a real-life example: Imagine a lessee leases a 10-unit apartment building from the owner for 5 years under a master lease.

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Can a Landlord Break a Rent-to-own Contract?

Bay Property Management Group

This guide will explain everything you need to know about rent-to-own properties. 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.

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How to Keep Great Tenants in Columbus: Your Retention Playbook

RL Property Management

Finding a great tenant for your Columbus rental property feels good. But the work isn’t over once they sign the lease. The real key to long-term success is keeping those excellent tenants. Many property owners underestimate the full financial and operational toll of tenant turnover.

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How Long Does a Landlord Have to Replace a Refrigerator?

Bay Property Management Group

Some of the biggest things to consider are: Lease Agreement Terms If your appliance has stopped working, your first step is to see your lease. Some leases explicitly state whether the landlord is obligated to repair or make a replacement. In most cases, both landlords and tenants have specific obligations.

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What Is A Lease Violation and How To Prevent Them

Bay Property Management Group

What Is a Lease Violation? A lease violation occurs when a tenant doesnt follow the lease terms they agreed to. On the milder end, it could be something like making excessive noise, and on the more severe end, it could look more like missing rent payments or damaging the property.

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The 10 Features of a Great Property Management Company

Property Management Inc.

Managing rental properties often feels less like "passive income" and more like starring in an ongoing dramatic sitcom. There's the endless ding of tenant texts, maintenance emergencies at ungodly hours, and the never-ending chase for rent payments.

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

Esquire Property Management Group

Finding and hiring the correct property manager to manage your rental property can make all the difference in the world for landowners and investors – this is true for both commercial and residential property. In order to successfully own investment property, property managers are necessary partners.