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What Insurance Do I Need If I Rent Out My House?

Bay Property Management Group

Protecting whats yours is one of the most important parts of managing a rental property. And if youve been asking yourself, What insurance do I need if I rent out my house? Read along to learn what each option covers and how to choose the right insurance for your rental. Homeowners insurance wont cover the lost rent.

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Is It Time for Property Management Software? Here’s How to Tell

American Apartment Owners Association

Managing properties whether its a few rental units or a growing portfolio takes a lot of time, organization and resources. Thats when property management software stops being a “nice to have” and becomes a must-have. The post Is It Time for Property Management Software?

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The Ultimate Move-In Checklist for Property Managers

Buildium

Moving into a new rental property can be an exciting experience for tenants, but it can also be stressful. Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. Why Is a Move-In Checklist Important? For a move-in checklist template, click here.

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

Buildium

Property managers are under pressure to do more with lessfrom labor shortages to rising costs. What Is AI in Property Management? In property management, these abilities are used to optimize workflows that would otherwise take longer. If you automate too much, you could end up losing business.

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How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Keep reading to get the insights you need to maximize your rental income. Key Takeaways Vacancy Rate Directly Impacts Rental Income and Property Performance – A high vacancy rate means lost rental income and potential management issues, while a low rate signals strong demand and stable cash flow.

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Digital marketing for property management: Choosing strategies that work

Buildium

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online.

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What Can Void a Notice to Quit in PA?

Bay Property Management Group

You may have missed a rent payment or violated your lease, and now the issue has escalated. Main Takeaways Here’s what can void a notice to quit in PA: Improper Delivery or Notice Errors A notice must be personally delivered or posted at the rental unit. Then, the tenant must pay or vacate within 10 days.

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