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How to Budget for Utilities and Hidden Rental Costs

Real Property Management Evertrust

From utilities and security deposits to holding the proper insurance, spending can quickly add up. Let’s check out what you need to learn about the cost of renting, utilities for renters, and more. Additionally, many leases will include a clause stating that if you break your lease agreement, you will forfeit your deposit.

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Property managers, here are the 5 top leasing trends of 2025

Buildium

From renters wanting to embrace technology throughout their property search and leasing process to property managers finding ways to increase tenant retention in light of renters dwindling financial health, this post will provide key insights on what you can do to keep growing. Send communications via text message and email.

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Are Utilities Included in the Rent, Explained

Bay Property Management Group

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more. So, be careful.

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Rental leasing software: A game-changer for residential landlords

Buildium

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete. Landlords can review and approve them in real-time.

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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. As a result, it’s crucial to understand how to handle lease renewals and rent adjustments reasonably to make long-term profitability. What’s the Best Way to Handle Lease Renewals?

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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. But sometimes, utility costs can pile up fast and throw off your entire budget. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly?

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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. Tenants should always ask about the fee’s amount, due date, and refundability before committing to a lease.