Buildium

MARCH 19, 2025

Understanding Rental Income The first step in getting a handle on tax accounting for rental property is understanding exactly what counts as rental income and expenses. What Counts as Rental Income? Rental income includes all the payments you receive from tenants.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

Buildium

MAY 15, 2025

When you manage your own rental, you’re building personal wealth, taking advantage of tax benefits, and making strategic decisions that directly impact your future. You already know how to handle tenants, maintenance, budgeting, and legal compliance. Why Transition to Rental Property Investment? The best part?

Property Management 236

Property Management Property Manager Property Management 236

American Apartment Owners Association

DECEMBER 9, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Offer a Financial Incentive At times, a tenant may need to vacate for various reasons.

Tenant 246

Tenant Lease Agreement Lease Landlord 246

Bay Property Management Group

DECEMBER 10, 2024

Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. Instead, value addition is the best strategy to increase rental income since it allows you to improve your property and services without simply raising rent. But dont stop there!

Rental Income 130

Rental Income Rent Multi-Family Building Landlord 130

Bay Property Management Group

APRIL 23, 2025

Main Takeaways Pros of Buying a Duplex: A duplex can provide dual rental income, helping offset your mortgage or even turning a profit, making it a great investment for those looking to maximize returns. If you rent out both units, youre earning from two tenants instead of one. Thats double the income from the same property.

Single-Family Home 130

Single-Family Home Finance Rental Income Property Management 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 this software in your toolkit, you can manage everything more effectively, freeing up time to focus on what matters mostbuilding relationships with tenants and growing your business.

Lease 130

Lease Property Management Property Manager Management 130

Bay Property Management Group

MARCH 14, 2025

Lets explore how inflation on rental property investment can impact youand most importantly, how you can keep your investments safe and still make a profit, no matter what changes the economy goes through. If you own a rental property or are thinking about having one, inflation should be a guiding factor of making your decisions.

Rental Property 130

Rental Property Property Real Estate Property Management 130

Bay Property Management Group

MAY 15, 2025

The price stays steady, the lease keeps renewing, and tenants feel secure staying long-term. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. For one thing, a tenant’s rent can only increase by a certain amount each year.

Apartment 130

Apartment Rent Landlord Lease 130

Bay Property Management Group

MARCH 3, 2025

They go as follows: Formula NOI = Total Revenue Operating Expenses Example Suppose you own a multifamily rental property in Howard, DC, generating $100,000 in annual rental income. Income Sources Rent Payments The obvious one is money collected from tenants. However, you should be sure not to.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

Buildium

JANUARY 30, 2025

How Does Single Family Property Management Software Help Your Business Single family property managers often have to deal with a variety of properties, each with their own location, types of tenants, maintenance needs, and other unique features. Its designed to automate and simplify all the tasks involved in managing rental properties.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

Bay Property Management Group

MAY 9, 2025

Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits. However, ongoing costs and tenant management can be challenging. And even if one unit is empty for a while, the rest can still generate income.

Apartment 130

Apartment Maintenance Building Management Property Management 130

American Apartment Owners Association

DECEMBER 9, 2024

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Analyze rental market trends for informed decisions. Implement effective tenant screening processes. Manage maintenance costs proactively. Ensure legal compliance to mitigate risks.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

Bay Property Management Group

MARCH 20, 2025

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. They offer a simpler way to invest in real estate, promising steady income and long-term growth without the hassle of being a landlord.

Real Estate 130

Real Estate Rental Income Finance Property Management 130

Bay Property Management Group

MARCH 31, 2025

Duplex Benefits: Condos tend to be affordable and lower maintenance, with shared amenities managed by an HOA. On the other hand, duplexes typically offer better rental income potential and full ownership of the property. But you avoid HOA fees, and you can earn rental income if you rent the units out.

Single-Family Home 130

Single-Family Home Finance Rental Income Maintenance 130

Bay Property Management Group

JANUARY 5, 2025

Rental Income Speaking of mortgages, the rental income you make from renting out your first home can help you handle one. From time to time, the first home might sit empty, and you wont make any rental income. You need to make the house habitable and appealing to the potential tenant.

Rent 262

Rent Rental Income Property Management Property Manager 262

Buildium

FEBRUARY 10, 2025

This blog post is designed to help you answer that question by clearly laying out the challenges and best practices that go into successful rental property maintenance management. If you want a deeper dive into managing your maintenance projects, take a look at our detailed guide. What Is Rental Property Maintenance Management?

Property Maintenance 130

Property Maintenance Maintenance Rental Property Management 130

Bay Property Management Group

FEBRUARY 26, 2025

Even though you cant claim a tax deduction from your hands-on work, it increases your propertys appeal and market value, which can attract better tenants and higher rent in the long run. Other Ways to Get a Tax Break So, now we know that you cant deduct your own labor on a rental property. The concept of sweat equity still holds value.

Rental Property 130

Rental Property Contractors Property Rental Income 130

Bay Property Management Group

APRIL 4, 2025

In this guide, we break down what a ground lease really means, how it works, the pros and cons for both the investing tenants and landlords, and the key things to consider before signing on the dotted line. A ground lease is an agreement that lets a tenant lease land and develop it during a set periodusually for 50 to 99 years.

Lease 130

Lease Landlord Finance Tenant 130

Rental Choice

MAY 7, 2024

One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons. Firstly, proper maintenance is vital for finding good tenants. Otherwise, the tenant may retaliate in several ways.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Landlord 130

American Apartment Owners Association

NOVEMBER 2, 2022

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

American Apartment Owners Association

NOVEMBER 2, 2022

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Property 130

Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

Maintenance 130

Maintenance Rental Property Single-Family Home Property 130

Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

Maintenance 130

Maintenance Rental Property Single-Family Home Property 130

Real Property Management Chicago

AUGUST 27, 2021

Then again, if you say that the definition of an asset is a means of generating cash flow, it might be that your most valued asset isn’t your property but your tenant. In any case, rental income can’t be generated from a vacant rental house. By doing what you can to reduce or eliminate tenant turnover.

Tenant 130

Tenant Rental Income Real Estate Rental Property 130

Real Property Management Chicago

NOVEMBER 8, 2024

Lower Maintenance and Repair Costs Maintenance and repairs can be a problematic part of rental property ownership, particularly if you are new to being a landlord or don’t have much time to do the work yourself. It’s not an irrational fear: tenant relations can be complicated for rental property management.

Professional Property Management 243

Professional Property Management Property Management Property Manager Management 243

RL Property Management

JUNE 2, 2025

Summer is leasing season… are you ready to capture the best tenants before theyre gone? In Columbus, the summer months bring a rush of tenant movement. High-quality tenants dont just stumble onto a great rental. The best marketing starts with clarity: Who do you actually want living in your rental?

Tenant 52

Tenant Rental Property Property Applications 52

Bay Property Management Group

MARCH 27, 2025

Rental Income Potential in Philadelphia If you’re an investor, Philadelphia’s rental market has promising opportunities to generate rental income. Furthermore, Philadelphia boasts an average rental yield of 7.89% , making it an attractive option for investors seeking steady returns.

Transportation 130

Transportation Rental Income Property Management Property Manager 130

Buildium

MARCH 19, 2025

Benefits of Using Rental Property Accounting Software Rental property accounting software helps landlords in several fundamental ways: Simplified Financial Organization: Accounting software helps landlords keep all their financial records in one place.

Rental Property 130

Rental Property Landlord Property Utilities 130

American Apartment Owners Association

MARCH 31, 2025

Investors earn income primarily through dividends derived from rental income or interest. a company must meet a few criteria: Have at least 100 shareholders Distribute 90% of taxable income as dividends Invest 75% of assets in real estate, cash, or U.S. To qualify as a REIT in the U.S.,

Real Estate 130

Real Estate Education Rental Income Finance 130

Bay Property Management Group

JANUARY 30, 2025

Maryland law even allows tenants to redeem their lease by paying rent and late fees before the court finalizes the eviction. In Maryland, the law gives tenants a chance to redeem their lease by paying the full rent owed (plus any late fees) before the court finalizes an eviction. The answer is yes!

Rent 130

Rent Landlord Tenant Lease 130

Real Property Management Choice

MAY 1, 2025

Theres a myth that landlord/tenant relationships are adversarial and fraught with conflict. Wed like to flip that narrative around and say that most landlords and tenants want to work together in a way thats collaborative and productive. This creates a more pleasant rental experience for everyone involved.

Landlord 59

Landlord Tenant Lease Agreement Lease 59

Authority Property Management

MARCH 14, 2025

The answer depends on your financial goals, the local rental market , and how comfortable you are with being a landlord. From tax benefits to leveraging rental income for a new home loan, let's break down why converting your home into a rental might be a golden opportunity.

Rental Property 59

Rental Property Rental Income Property Insurance 59

Bay Property Management Group

FEBRUARY 10, 2025

This could lead to higher demand and possibly boost rental income or resale value. They typically lack attics or basements, which can be a dealbreaker for some buyers or tenants. These fees typically cover the maintenance of common areas, but they dont include interior maintenance. Are Townhomes A Good Investment?

Single-Family Home 130

Single-Family Home Real Estate Property Management Property Manager 130

Beach Front Property Management

SEPTEMBER 19, 2024

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Offer a Financial Incentive At times, a tenant may need to vacate for various reasons.

Tenant 130

Tenant Lease Agreement Landlord Lease 130

Bay Property Management Group

FEBRUARY 25, 2025

Formula: (Annual Rent Property Price) 100 Calculation: ($2,500 12) $500,000 100 $30,000 $500,000 100 = 6% So, the gross rental yield is 6%. Net Rental Yield On the other hand, the net rental yield gives a more realistic picture. It factors in expenses like property taxes, maintenance, insurance, and management fees.

IT 130

IT Rental Property Finance Property Management 130

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. By leasing individual bedrooms rather than the entire unit, I hoped to charge a higher combined rent, diversify my income streams, and minimize the financial impact of a single vacancy.

Rent 91

Rent Rental Income Landlord Tenant 91

MRI Software

DECEMBER 12, 2024

This is especially true when you rely on that income to cover mortgages, maintenance, and other expenses. This guide will walk you through everything you need to know about tenant default insurance. What is tenant default insurance? In some cases, it may even cover legal costs associated with eviction or tenant disputes.

Rental Income 52

Rental Income Insurance Landlord Tenant 52