Bay Property Management Group

FEBRUARY 4, 2025

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties. But its not always that simple.

Rent

American Apartment Owners Association

FEBRUARY 25, 2025

Why Landlords Need to Use Property Management Software in 2025 Rental property management comes with a laundry list of responsibilities from collecting rent and screening tenants to monitoring expenses. Online Rent Collection & Payment Processing No more chasing down checks or dealing with late payments! Mul tiple payment options.

Property Management Software

Real Property Management Chicago

JUNE 6, 2025

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. It is recommended to reward responsible renters with reasonable rent increases and incentives.

Lease

Genuine Property Management

MAY 7, 2025

Renting a house with a pool in California can be a great investment thats highly appealing to potential tenants. From safety regulations and maintenance to liability and insurance, theres a lot to consider before handing over the keys. But with that added luxury comes increased responsibility.

Rent

Bay Property Management Group

JANUARY 29, 2025

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. It’s a staple.

Utilities

Buildium

APRIL 23, 2025

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. Predictive Maintenance All properties suffer wear and tear over time, making repairs inevitable.

Property Manager

American Apartment Owners Association

JANUARY 13, 2025

Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. Ratner Property Management and Maintenance, an AAOA member, is one such example. Theyve taken meaningful action to assist displaced families and individuals.

Attorney

Buildium

APRIL 3, 2025

75% of renters say they would like an online portal for tasks like making payments and submitting maintenance requests. Enable online rent and deposit payments. Among the factors that influenced their decision, their perception of the value of their current rental weighed against the rent they’re paying.

Lease

Buildium

JUNE 16, 2025

These include routine inspections, maintenance checks, vendor coordination, and turnover preparation. Managers and maintenance staff receive timely alerts for tasks such as smoke detector testing, HVAC filter replacement, lawn care, or seasonal pest treatments. For example, residents who get rent reminders via text tend to pay on time.

Property Manager

Buildium

JUNE 16, 2025

From leasing and maintenance to inspections and bookkeeping, we’ll walk through how these systems are changing the way property managers work. Maintenance Automation Systems Maintenance is another area ripe for automation, particularly because it involves multiple parties and rapid coordination.

Property Manager

Buildium

JULY 16, 2025

Managing apartment buildings means juggling leasing, maintenance, accounting, resident communication, owner relations, and countless other tasks. All-in-One vs. Modular All-in-one software combines leasing, accounting, maintenance, communication, and other capabilities into a single package. It just needs to do the right things well.

Property Management Software

ADDA

JULY 22, 2025

These typically apply when the unit is rented to tenants or kept vacant. Purpose of NOC: Cover additional administrative and maintenance overhead. Locked or vacant flats not rented out. Key Government Guideline: RWAs cannot charge tenants more than owners for maintenance. Share benefits of rental income with the society.

Government

Buildium

JUNE 16, 2025

Instead of manually assigning maintenance tasks, your system routes them based on issue type and availability. Example: “If rent is more than 5 days overdue, apply a late fee.” Maintenance and Vendor Workflows Maintenance coordination can become chaotic without clear processes.

Property Manager

Buildium

MAY 29, 2025

It refers to the growing field of digital tools, software, platforms, and innovations designed to improve the way we buy, sell, rent, and manage real estate. They keep track of lease start and end dates, rent increases, and renewal notifications automatically. These tools help reduce turnaround times and keep tenants satisfied.

Property Manager

Genuine Property Management

JULY 15, 2025

In a competitive rental market, strategic upgrades can help you command higher rent, lease faster, and reduce maintenance calls long-term. Improving your rental property isn’t just about aesthetics—it’s about making the unit more appealing, reducing vacancies, and attracting quality tenants.

Maintenance

Buildium

APRIL 23, 2025

Be Detailed: Include all the necessary information, such as the rent amount, due dates, security deposit, and any property-specific rules. Its all about finding responsible renters who will treat the property well and pay rent on time. Verify Income: Make sure tenants can cover the rent.

Lease

Buildium

MARCH 19, 2025

Manual tracking of rent payments, maintenance requests, and tenant communications can be time-consuming and prone to errors. Small landlord property management software includes financial and accounting tracking capabilities , including rent collection, expense management, and reporting.

Property Management Software

Bay Property Management Group

MAY 15, 2025

Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. How Does Rent Stabilization Work? So, What Does That Really Mean?

Apartment

Buildium

JULY 14, 2025

In today’s fast-paced real estate landscape, property managers are expected to juggle a growing number of responsibilities—everything from tenant communications and maintenance coordination to financial reporting and marketing. Automate this process by enabling tenants to pay rent online via ACH or credit card.

Property Manager

Buildium

MAY 29, 2025

Whether youre sending a quick message, replying to a maintenance question, or sharing documents, everything stays organized and easy to find. Scenario: A tenant submits a maintenance request through a mobile portal at 7 p.m. The system notifies your maintenance team automatically. Everyone stays in the loopno extra effort.

Property Manager

Bay Property Management Group

FEBRUARY 18, 2025

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly? What Utilities Are Typically Included in the Rent? We’ll get into it below.

Utilities

Beach Front Property Management

JUNE 11, 2025

But maximizing your multifamily property ROI in California goes beyond rent collection. Maximize Rental Property Value in LA with Strategic Rent Optimization Even underpricing by $100 per unit can cost thousands annually. Many owners use outdated comps or rent estimators, missing real-time market trends. At BFPM Inc.,

Professional Property Management

Beach Front Property Management

MARCH 26, 2025

Effective crisis management is essential in property management to handle unexpected challenges like natural disasters, maintenance emergencies, resident disputes, and financial setbacks. Maintenance Failures Plumbing, electrical, and HVAC system breakdowns can lead to costly repairs if not addressed promptly.

Property Manager

Buildium

APRIL 23, 2025

This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance. Negotiating Lease Terms: After finding the right tenant, youll negotiate the lease terms, including rent, deposits, and policies. Rent Collection and Financial Oversight Collecting rent is one of your core duties.

Lease

Buildium

MARCH 19, 2025

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Why Rental Leasing Software Is Becoming a Must-Have for Landlords Many landlords start their journey by handling lease agreements, rent payments, and tenant applications manually.

Lease

Yardi Breeze

JANUARY 23, 2025

Another issue is finding qualified workers, especially in maintenance roles. Theres been a significant labor shortage in the maintenance industry. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due? This has led to delays in completing work orders as well as rising costs.

Property Manager

Beach Front Property Management

JULY 2, 2025

Common expenses include: Lost rent (15–45 days on average) Unit turnover: cleaning, painting, repairs Leasing and marketing costs Staff time and administrative coordination Potential rent concessions or delayed occupancy Frequent turnover also contributes to negative reviews, higher wear and tear, and difficulty attracting long-term residents.

Property Manager

Buildium

APRIL 23, 2025

From lease signings and renewals to tenant communications and rent payments, it tackles the most time-consuming aspects of property management. With built-in messaging features, leasing software lets you send automated reminders, rent due notices, and maintenance updates directly to tenants.

Lease

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property

Buildium

MAY 29, 2025

Where managers once reacted to tenant calls or maintenance emergencies, proptech lets you act proactively, using real-time data and predictive insights. These platforms integrate tenant management, financial tracking, lease administration, and maintenance workflows into a unified system.

Property Manager

Bay Property Management Group

APRIL 9, 2025

Other times, theyre what makes that monthly rent feel worth it. Some are included in rent, while others may come with added fees. Amenities affect rental prices higher-end features often mean higher rent or extra charges, so it’s important to weigh costs against convenience and lifestyle benefits. And it makes sense.

Tenant

Buildium

JUNE 16, 2025

From collecting rent collection to finding leads, we’ll focus on how readily available tools can help you work smarter and more efficiently. Property managers grant or revoke access remotely—ideal for new residents, maintenance teams, or emergency personnel. This post details the most valuable property management tasks to automate.

Property Manager

BetterWho

MARCH 7, 2025

A well-crafted playbook ensures: Consistency Standardized processes help every team member handle tenant inquiries, maintenance requests, and lease management the same way. Maintenance Requests How tenants submit requests, response time expectations. Rent Collection Automated reminders, handling late payments.

Property Manager

Buildium

FEBRUARY 4, 2025

Meanwhile, a more absentee investor might want a property manager who can take care of maintenance requests without needing to get them involved. Maintenance: Think about what vendors your clients are likely to need and what recommendations you currently offer them.

Property Manager

Buildium

MARCH 3, 2025

To Provide a Reference for Maintenance: When your staff conducts a move-in inspection, they can use the list to identify repairs that should be made before the new tenant moves in. Explaining the terms of the lease agreement: This should include the rent amount, the security deposit, the due dates for rent payments, and the late fees.

Property Manager

Buildium

JUNE 16, 2025

From leasing to maintenance to finance, they allow property managers to work more efficiently by replacing manual effort with automated execution. Maintenance Automation Tools Maintenance requests come in at all hours. Maintenance automation tools keep things moving smoothly, from intake to resolution.

Property Manager

Buildium

JUNE 16, 2025

Maintenance Coordination Maintenance can feel like one long game of phone tag. With the right tools you can: Route new maintenance requests to the right technician based on the issue type and location. Automated bookkeeping workflows let you: Send rent reminders a few days before the due date.

Property Manager