article thumbnail

How to Budget for Utilities and Hidden Rental Costs

Real Property Management Evertrust

For single-family homes, the amount of a security deposit is typically matched by one or two months’ rent. Additionally, many leases will include a clause stating that if you break your lease agreement, you will forfeit your deposit. For apartments, it could be about the same or even lower.

article thumbnail

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

Buildium

Its a great way to speed up leasing cycles and expand your pool of potential tenants. Lease Management Automation Managing leases and lease renewals can be challenging, especially as your portfolio grows. Fortunately, AI can read and extract critical information from leases for you in seconds.

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 Does SFH Mean in Real Estate?

Bay Property Management Group

SFH stands for a single-family home. It’s a detached house built for one family, with no shared walls or spaces. These homes usually come with their own yard, driveway, and a little more privacy than apartments or condos. Single-family homes remain a favorite for so many people, and it’s easy to see why.

article thumbnail

Avoid Costly Legal Risks | Property Management Compliance in California

Beach Front Property Management

Managing leases without managing legal exposure can lead to significant financial and reputational damage. newer buildings or single-family homes under certain conditions) Failing to track CPI changes accurately How we help: Calendar rent cap deadlines, CPI changes, and notice periods Properly document exemptions (e.g.,

article thumbnail

Managing Co-Living Spaces: A Guide for Modern Property Managers

Real Property Management Evertrust

Understanding the Rise of Co-Living Spaces Co-living is a real estate term that originates from the rise of housing startups granting homes designed to be shared by five or more adult roommates. An option is to offer group leases , which can reduce lease management but come with other potential issues.

article thumbnail

California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

Corporate Landlord Regulations SB 395 California is limiting corporate ownership of single-family homes. Key Law: SB 395 (Corporate Ownership Restrictions) Places caps on the number of single-family homes that corporations can own. Schedule balcony inspections before the January 1, 2026 deadline.

article thumbnail

Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Dodson Property Management was my professional home from 2009 until we sold the company a few years ago. By the time we sold, we were managing over 4,000 single family homes and apartment units, plus 17,000 doors for HOAs. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due?