Remove Lease Agreement Remove Rental Unit Remove Utilities
article thumbnail

8 practical use cases for AI in property management that you can try today

Buildium

Plus, AI can help you catch maintenance issues early to reduce repair costs and optimize utility use to lower energy costs. Need to write a lease from scratch? Another great way to find lease agreement templates is right here on Buildiums site. To hit the sweet spot, use AI to analyze real-time rental market data.

article thumbnail

What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. property management isnt just about fixing leaky tapsits knowing whether you can legally rent out that little unit in your backyard without breaking any rules.

Apartment 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening. This can lead to tenants pushing boundaries—whether it’s paying rent late, violating the lease terms, or making unreasonable maintenance requests.

Landlord 130
article thumbnail

Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

Increased insurance premiums, taxes and/or utilities. The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease.

article thumbnail

Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

Increased insurance premiums, taxes and/or utilities. The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease.

article thumbnail

Top Tips for Managing Multi-Family Rentals Efficiently

Bay Property Management Group

Still, there are a few things you can keep in mind as you deal with these changes: Lease agreements : As a landlord, make sure you clearly outline expectations and responsibilities in the agreement such as maintenance duties, utility bills, pet regulations, and explicit terms for ending a lease.

article thumbnail

Why and How to Evict a Tenant

American Apartment Owners Association

in a rental unit. Violating community health and safety standards: Letting a rental property get so dirty it attracts rodents or insects, which may make other tenants feel unsafe. Staying on premises after the lease has expired: When the lease is up, so is the tenants time living at your property.

Tenant 130