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What Is a Lease Fee, Explained

Bay Property Management Group

And then, you see a lease fee. What is a lease fee, and why is it there? Main Takeaways Lease fees cover the administrative work involved in processing applications and preparing rental agreements. They are typically one-time, upfront charges and may vary by property or management company. What Is a Lease Fee?

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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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How to start and run a virtual property management company: The benefits, drawbacks, and what to know

Buildium

Heres what sets a virtual property management company apart: No physical office space Fully remote teams (local or global) Cloud-based operations for leasing , payments , maintenance , and communication Heavy use of digital automation and outsourced vendor networks Some virtual companies handle hundreds of doors across different regions.

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Here’s How to Get Your First Apartment

Bay Property Management Group

Youre stepping into independence bills, leases, your own set of keys. Read along as we share simple tips and a bit of perspective from the people who manage properties every day. Search Smarter: Use reliable sites and property managers to avoid outdated listings. Absolutely. Others prefer one main tenant.

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Everything you need to know about apartment management in 2025

Buildium

This guide covers what you need to know about leasing, communication, maintenance, budgeting, staffing, compliance, technology, and growth strategies. Each section pulls highlights from our expansive collection of apartment management resources and includes links to further reading that goes into more detail.

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What Is An Easement In Real Estate? What To Know

Bay Property Management Group

An easement means someone else has the legal right to use a part of your property for a specific reason, even though you still own it. These rights are often granted to neighbors, utility companies, or government entities for different purposes. For starters, an easement can affect how you use your property.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI.