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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals and rent adjustments are one of the most challenging aspects of property management. Numerous factors could lead to complications, rendering them difficult for both property owners and renters. What’s the Best Way to Handle Lease Renewals?

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Tax accounting for rental property management: What landlords should know

Buildium

Rental income includes all the payments you receive from tenants. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. Knowing what constitutes rental income is the first step in effective tax accounting for your rental property.

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Questions To Ask During Your Apartment Tour

Bay Property Management Group

Understand the Lease Terms and Fees – A lease is a binding contract, so its crucial to clarify its terms. Ask about the lease duration, renewal process, rent amount, additional fees, and policies on subletting or early termination. Are repairs your responsibility, or does the management cover them?

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How Resident-Centric Policies Will Dominate 2025

Beach Front Property Management

In 2025, several new rental laws and evolving resident expectations will modify how property owners and managers run their operations. Whether you are managing a portfolio of units or a single building, staying ahead means adapting to these shifts in the rental property management landscape.

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What Is STR in Real Estate? Here’s What Investors Should Know

Bay Property Management Group

STR stands for short-term rentals. As the name suggests, these are properties leased out for short periods—usually 30 days or less. many owners rely on rental property management in Washington D.C. They’re modern, bring in good money, and give you more freedom than the usual long-term rentals.

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What Every Landlord Should Know About Rental Market Seasonality

Real Property Management Enterprises

Higher rental prices and faster leasing times. Opportunity to provide flexible lease terms to lure renters. Property managers can modify strategies to keep units occupied. For instance, pricing strategies and marketing can be adapted to utilize fluctuating demand.

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What Is a Quadplex? A Guide for Tenants

Bay Property Management Group

But working with a team that offers rental property management in Washington, D.C. It’s a multifamily property with four separate units under one roof. Will I have my own utilities in a quadplex? It’s worth asking the landlord before signing a lease. So, what is a quadplex, also called a fourplex?