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 130

Lease Rent Property Manager Property Management 130

Bay Property Management Group

JANUARY 19, 2025

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent 147

Rent Landlord Tenant Lease 147

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 130

Rent Landlord Lease Agreement Property Management Services 130

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 130

Rent Insurance Regulation Landlord 130

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 130

Utilities Rent Lease Agreement Landlord 130

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 207

Property Management Software Property Manager Property Management Management 207

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 130

Apartment Rent Landlord Lease 130

Rent Manager

APRIL 16, 2025

The departure of winter means it is time to inspect your properties for any damage the cold, snow, […] The post The Complete Spring Maintenance Guide for Property Managers appeared first on Rent Manager Property Management Software. For property managers and landlords, its a whole different story.

Property Manager 98

Property Manager Property Management Maintenance Property Management Software 98

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 130

Utilities Rent Tenant Landlord 130

Bay Property Management Group

JANUARY 30, 2025

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. So, can you pay rent after receiving an eviction notice? Maryland law even allows tenants to redeem their lease by paying rent and late fees before the court finalizes the eviction.

Rent 130

Rent Landlord Tenant Lease 130

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 147

Professional Property Management Property Manager Property Management Management 147

Buildium

DECEMBER 4, 2024

Whether you’re new to forecasting rental property maintenance costs or simply looking to improve, this guide has you covered. Property Condition: A property’s maintenance history plays a big role in its repair needs. If your properties are in a hurricane-prone area, for instance, they may require regular storm-prep maintenance.

Property Maintenance 245

Property Maintenance Maintenance Rental Property Property 245

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 234

Property Manager Property Management Management Property 234

Rental Housing Journal

MAY 19, 2025

Renting by the room: David Pickron shares his experience and some of the hard-fought wisdom he came away with trying to maximize rental income. After meeting with the experts, recording podcast episodes about it, and talking it over for months, I dipped my toe into the rent-by-the-room market. By David Pickron I finally did it!

Rent 91

Rent Rental Income Landlord Tenant 91

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 130

Property Manager Property Management Management Property 130

Bay Property Management Group

JANUARY 5, 2025

Are you considering renting out your first home and buying a second one to live in? Buying a second home while renting out the first has been a popular option for many homeowners looking to build wealth. There are a few considerations to make before buying a second home and renting out the first. But where do you even begin?

Rent 262

Rent Rental Income Property Manager Property Management 262

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 223

Lease Property Manager Property Management Management 223

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 290

Attorney Property Manager Property Management Landlord 290

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 130

Property Manager Property Management Management Property 130

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 264

Property Manager Property Management Management Property 264

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 200

Property Rental Income Real Estate Insurance 200

Buildium

JUNE 12, 2025

On the surface, both offer tools for managing leases, collecting rent, and tracking income and expenses. It covers nearly every aspect of property management, including leasing, rent collection, maintenance tracking, and accounting. Two widely used solutions in today’s market are Buildium and Stessa.

Property Management Software 130

Property Management Software Property Manager Property Management Landlord 130

Buildium

MAY 15, 2025

You already know how to handle tenants, maintenance, budgeting, and legal compliance. Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental ownership. The best part? Now, you just need to apply that experience with an owner’s mindset. Plan for those cycles financially.

Property Management 236

Property Management Property Manager Property Management 236

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 130

Lease Lease Agreement Management Property 130

Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. Follow that up with the ability to collect rent online , and youll make gathering first, last, and security into one seamless workflow.

Property Management Software 242

Property Management Software Property Manager Property Management Landlord 242

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 130

Property Management Software Property Manager Property Management Landlord 130

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 130

Lease Property Manager Property Management Management 130

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 130

Lease Landlord Lease Agreement Tenant 130

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 130

Property Manager Property Management Management Property 130

Beach Front Property Management

JUNE 4, 2025

Technology Streamlines Every Resident Interaction Residents can now easily sign leases, pay rent, and submit maintenance requests on digital platforms. On-Time Rent Boosts Residents Credit Scores Under the new legislation, property owners must allow residents to report on-time rent payments to at least one major credit bureau.

Rental Property Management 147

Rental Property Management Property Manager Property Management Compliance 147

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 221

Tenant Rent Property Management Property Manager 221

American Apartment Owners Association

FEBRUARY 6, 2025

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

Landlord 255

Landlord Airbnb Rent Tenant 255

Buildium

MAY 29, 2025

Maintenance vendors want simple ways to receive and confirm work orders. With the right app setup, you can: Check rent status Approve applications Assign work orders Communicate with owners Share documents Track key tasks No laptop or office required. Online Rent Collection See whos paid , who hasnt, and when payments were made.

Property Manager 130

Property Manager Property Management Management Property 130

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 130

Lease Property Manager Property Management Management 130

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 130

Property Manager Property Management Management Property 130

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 189

Property Manager Property Management Management Property 189

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 147

Property Manager Property Management Management Property 147