Bay Property Management Group

JANUARY 27, 2025

Wondering, “what credit score do you need to rent an apartment?” answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with. answers what credit score you need to rent an apartment, we need to first define what a credit score is to begin with.

Rent 130

Rent Landlord Applications Applicants 130

American Apartment Owners Association

DECEMBER 16, 2024

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

Tenant 246

Tenant Property Management Property Manager Lease 246

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. These factors can affect a propertys value and its appeal to tenants. That means that if one tenant moves out, you will still receive income from the other tenants.

Property 200

Property Insurance Rental Income Real Estate 200

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 Management Property Manager 262

Bay Property Management Group

JANUARY 26, 2025

’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. As property management in Baltimore can tell you, renting out a property is a business. After all, youre managing tenants, maintaining the property, and, of course, getting income.

Rental Income 130

Rental Income Landlord Utilities Insurance 130

Bay Property Management Group

MARCH 25, 2025

Renting to tenants who can reliably pay on time, every time. Verifying income helps you find tenants who are financially stable and trustworthy. Main Takeaways The income verification process is a core part of finding qualified tenants who can pay the rent on time. So, how do you make that happen?

Apartment 130

Apartment Landlord Tenant Rent 130

Bay Property Management Group

APRIL 23, 2025

But before you dive in, there are a few things you should knowthings that goes beyond the basic buy low, rent high advice. Additionally, if you live in one unit and rent the other, you can lower your housing costs while building equity, offering flexibility for homeowners and investors alike. Sounds smart, right? What Is a Duplex?

Single-Family Home 130

Single-Family Home Finance Rental Income Property Management 130

Rental Housing Journal

NOVEMBER 26, 2024

Ohio legislators are considering a bill to make tenants responsible for unpaid utility bills and other municipal bills, and to allow cities to collect unpaid bills directly from renters, according to reports. Johnson said the current system does not only negatively affect landlords but can also result in higher costs for tenants. “It

Utilities 98

Utilities Landlord Tenant Apartment 98

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. Enhanced Tenant Experience: Unlike human customer support agents, AI chatbots never get tired.

Property Management 130

Property Management Property Manager Management Property 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. This guide explores how rental leasing software helps landlords make every leasing tasks more efficient and enhance tenant experiences.

Lease 130

Lease Landlord Lease Agreement Tenant 130

Bay Property Management Group

MARCH 24, 2025

Tenants get their own private bedroom, often with its own bathroom. The monthly rent often covers everything, like utilities, Wi-Fi, cleaning, and access to shared spaces. For instance, they handle marketing, tenant management, utilities, and upkeep. Coliving vs. Traditional Renting: Which is Better?

Real Estate 130

Real Estate Lease Fixed Fee Rent 130

Bay Property Management Group

JANUARY 20, 2025

Article Contents Key Features of a Duplex Benefits of Investing in Duplexes Tips for Buying and Renting Out a Duplex Key Features of a Duplex What is a duplex, anyway? Separate Utilities: Many times, each unit can have its own utility meters for water, electricity, and gas. But how do you go about buying and renting one out?

Real Estate 130

Real Estate Single-Family Home Regulation Utilities 130

Buildium

APRIL 16, 2025

Its no secret that rental maintenance requires careful coordination with tenants, vendors, and owners. How do you take a tenants ticket from submission to resolutionwithout letting anything fall through the cracks? Turnovers: The step-by-step process for getting a unit rent-ready after a move-out or when onboarding a new property.

Maintenance 205

Maintenance Property Maintenance Management Property 205

Bay Property Management Group

FEBRUARY 11, 2025

Ask about the lease duration, renewal process, rent amount, additional fees, and policies on subletting or early termination. Know Whats Included in Your Rent – Clarify whether utilities like water, electricity, gas, and internet are included in the rent or if they need to be paid separately.

Apartment 130

Apartment Lease Rent Insurance 130

Buildium

MARCH 19, 2025

Managing rental properties involves more than just collecting rent and maintaining the property. These tools simplify everything from tracking rent payments to generating tax reports, which ultimately saves time and reduces errors. These features help you never miss a payment and that tenants are always aware of what they owe.

Rental Property 130

Rental Property Landlord Property Utilities 130

Buildium

FEBRUARY 9, 2025

The franchise will have already set up best practices for business operations, marketing, branding, tenant and owner experience, and so on. You will receive training in rent and fee collection, marketing techniques , accounting practices , compliance and other legal issues, and all other aspects of property management.

Property Management 163

Property Management Property Manager Management Property 163

Bay Property Management Group

DECEMBER 1, 2024

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. So, what can you do about it as a tenant?

Rent 147

Rent Landlord Property Management Property Manager 147

Bay Property Management Group

APRIL 11, 2025

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. It is: A co-applicant shares full responsibility for rent and lease terms roommates, partners, or family members who apply together are equally liable for payments and property upkeep.

Applications 130

Applications Applicants Lease Rent 130

Bay Property Management Group

JANUARY 7, 2025

If you need extra income, renting out a spare room can be a great solution. There are several things you need to consider before moving forward, especially since the tenant will be sharing your home. By renting out a room, you can help cover your mortgage, property taxes, utility bills, and more.

Rent 147

Rent Lease Tenant Lease Agreement 147

Authority Property Management

MARCH 28, 2025

Why Small, Annual Increases Are Best for You and Your Tenants As a landlord or property owner in Redding, CA, when was the last time you raised the rent on your tenants? Many property owners hesitate to increase rent, either because it feels awkward to bring up or because they worry it might push good tenants out the door.

Rent 59

Rent Tenant Landlord Rental Income 59

Bay Property Management Group

MARCH 14, 2025

What is Inflation and How Does It Work As the most trusted property managers in Washington, DC, we monitor inflation trends so that property owners and tenants alike can navigate rising costs. Then, if you pass these extra costs onto tenants, the rent may have to go up even more. So, what exactly is inflation?

Rental Property 130

Rental Property Property Property Management Property Manager 130

Bay Property Management Group

APRIL 22, 2025

Local zoning laws, rental regulations, and permits dictate whether you can build and lease them , with size restrictions, occupancy requirements, and compliance with tenant rights laws varying by region. Rental Regulations If you plan to rent out ADUs, be aware of your area’s rental laws. What Is a Mother-In-Law Apartment?

Apartment 130

Apartment Regulation Compliance Property Manager 130

Bay Property Management Group

DECEMBER 30, 2024

Considering renting out your house? Read on to understand the process of renting out your house and avoid potential hiccups. Read on to understand the process of renting out your house and avoid potential hiccups. Renting out your house can give you several benefits. There are many reasons you could be here.

Rent 147

Rent Lease Agreement Lease Landlord 147

Bay Property Management Group

FEBRUARY 16, 2025

For instance, if a landlord rents out an apartment, they’re a lessor making a rental agreement with a tenant (lessee). For example, the lessor could be a landlord renting out an apartment, a tenant subletting their rental, a business leasing out office space, or even someone renting out equipment. utilities).

Lease Agreement 130

Lease Agreement Lease Insurance Tenant 130

Bay Property Management Group

APRIL 2, 2025

Most landlords worry about chasing late rent, getting repairs done, or dealing with difficult tenants. Signs to Watch For : Look out for unexplained noises, unlocked doors or windows, personal items that dont belong, or unexpected spikes in utility bills. But what if someone was living in your property without you even knowing?

Real Estate 130

Real Estate Tenant Insurance Landlord 130

Buildium

MARCH 19, 2025

Rental income includes all the payments you receive from tenants. This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. Heres a quick breakdown of those definitions. What Counts as Rental Income?

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

American Apartment Owners Association

APRIL 3, 2025

From tracking rent payments and expenses to handling invoices and bank reconciliation, your accounting practices can make or break your efficiency. Paying vendors, maintenance teams, and utility bills manually can be time-consuming and error prone. Automated Payables: Are You Avoiding Late Payments and Errors?

Maintenance 130

Maintenance Utilities Property Management Property Manager 130

Rental Choice

NOVEMBER 28, 2024

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. A lease renewal is an agreement between the tenant and the landlord to renew the lease.

Lease 246

Lease Landlord Tenant Rent 246

American Apartment Owners Association

DECEMBER 9, 2024

Landlords navigating the rental landscape understand the pivotal role that visibility plays in securing the right tenants. As property markets evolve, the competition for tenants becomes fiercer, making it essential for landlords to master the art of maximizing visibility for their rental property listings.

Property Listing 244

Property Listing Rental Property Property Media 244

Bay Property Management Group

MARCH 3, 2025

For example, when most people hear “rental income,” they immediately conjure up rent payments in their heads, but it’s so much more than that. Income Sources Rent Payments The obvious one is money collected from tenants. Parking Fees If the property has parking spaces, tenants may pay extra for them.

Real Estate 130

Real Estate Rental Income Property Manager Property Management 130

Real Property Management Evertrust

JANUARY 9, 2025

The advancement of modern tech has rendered property management more efficient, accessible, and responsive, from automating routine tasks to enhancing tenant communication. Tenant Portals Simplify Communication and Payments The period of collecting paper checks or cash from your renters has ended. At least, they should be!

Property Management 241

Property Management Property Manager Management Property 241

Rental Choice

SEPTEMBER 25, 2024

Credit checks are handy screening tools that provide landlords with more insight into the tenant’s financial history and responsibility. Should tenants have a certain credit score or history to find a place? Credit checks are an important part of the tenant screening process. Let’s find out.

Landlord 246

Landlord Tenant Rental Property Rental Property Management 246

Buildium

MARCH 19, 2025

If youre renting out your property, its only a matter of time before youll need to make an emergency repair, conduct a routine inspection, or invest in preventative maintenance. Tenants can report issues directly through the software, and landlords can provide updates on the status of repairs.

Property Maintenance 130

Property Maintenance Maintenance Landlord Rental Property 130

American Apartment Owners Association

DECEMBER 9, 2024

Implement effective tenant screening processes. Analyzing rental trends, vacancy rates, and comparable rents can provide valuable insights into the property’sincome potentialand overall market stability. Implementingbest practicesfor tenant screening can greatly impact your investment’s success.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

American Apartment Owners Association

JANUARY 29, 2025

Its the best of both worlds: Its simple enough to utilize without an accountant but packed with enough features to handle the many ins and outs of financial reporting and preparing tax documents. Ledgre is an accounting software built specifically for managing rental properties. Thats where property management software comes in.

Landlord 130

Landlord Property Management Software Finance Property Management 130

Real Property Management Choice

APRIL 17, 2025

Data analytics help you understand renter demographics, revealing who your tenants are likely to be and what kind of amenities and features might appeal to them. You can expect to pinpoint where demand is highest and how to reach prospective tenants. This allows you to stay ahead of market trends. Make Data-Backed Decisions.

Property Management 86

Property Management Property Manager Management Property 86

Buildium

JANUARY 22, 2025

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. By improving your website’s visibility, you can attract more organic traffic and potential tenants. So how do you choose the ones to focus on?

Property Management 130

Property Management Property Manager Management Media 130