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What to Do If You’re Facing a Rent Increase

Bay Property Management Group

Rent increases are pretty much unavoidable. While they’re unpleasant for tenants, they’re necessary for landlords who must pay for the rising maintenance costs, taxes, and utilities. So, if you’re facing a rent increase, there are a few things to remember. Contents of This Article: How Often Can Your Landlord Increase Rent?

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What Is Debt-To-Income Ratio (DTI): What Investors Need to Know

Bay Property Management Group

Meanwhile, g roceries, utilities, insurance, phone bills, and entertainment expenses don’t typically count as debt. Once youve secured a property and have tenants ready to move in, our comprehensive services can step in to handle virtually every aspect of day-to-day rental management. What Counts as Debt (and What Doesnt)?

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Gross Lease vs. Net Lease vs. Triple Net Lease: A Guide

Bay Property Management Group

It is a lease in which the tenant agrees to pay the property owner a flat rental fee. The fee includes all of the costs associated with property ownership – taxes, insurance, utilities – so in that way, it is intended to be “all-inclusive”… it simplifies things for tenants in many ways.

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How to Use Data Analytics to Optimize Your Property Management Strategy in Carson

Real Property Management Choice

By integrating robust data analytics into their management processes, investors can: Increase Operational Efficiency. Identify inefficiencies in property operations, such as high utility costs or vacancy rates, and address them promptly. Make Data-Backed Decisions. Optimized Schedules.

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Guide to Rental Bookkeeping

ADDA

What is Rental Bookkeeping? Rental bookkeeping involves the systematic recording and tracking of all financial transactions related to rental properties. This includes rent collection, expenses like maintenance and repairs, utility bills, mortgage payments, and any other costs related to the management of rental properties.

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Benefits of Renting: Why Renting is Better Than Owning

California Pacific Realty

Will renting do more harm than good for your finances and living preferences? When searching for a place to live, renting and owning can affect one’s financial decisions and lifestyle. Why Is It Better to Rent Than Buy a Place in 2024? For several reasons, renting can be more advantageous than buying a home.

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Stress-Free Landlord: 5 Ways to Automate Your Colorado Springs Rental Property

Muldoon Associates

After all, theres rent to collect and vacancies to fill and preventative maintenance services to schedule. How can you not feel a little bit stressed when youre leasing, managing, and maintaining a Colorado Springs rental property ? Try Zillow Rental Manager to syndicate your listing across Zillow, Trulia, and HotPads.