article thumbnail

Are Utilities Included in the Rent, Explained

Bay Property Management Group

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. So, be careful.

Utilities 130
article thumbnail

How renters are saving money with deregulated energy sources

Yardi Breeze

electric grid comprises more than 12,500 utility-scale power plants that serve more than 160 million customers. However, the system that makes this possible is complex, involving power plants, transmission lines and various market participants. According to the U.S. Energy Information Administration (EIA), the U.S.

Retail 236
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying A Duplex: What You Need to Know

Bay Property Management Group

Cons of Buying a Duplex: Managing a duplex comes with added responsibilities, such as handling tenant disputes, increased maintenance costs, and financing complexities that may differ from single-family homes. In other words, you save on land costs while still having two homes in one structure. What Is a Duplex?

article thumbnail

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

Buildium

Plus, AI can help you catch maintenance issues early to reduce repair costs and optimize utility use to lower energy costs. With AI-powered smart devices, you can track and automatically adjust HVAC, lighting, and other utility usage. Cost Reduction: AI can reduce labor costs by aiding or replacing staff who perform repetitive tasks.

article thumbnail

What is a Duplex?: A Guide for Real Estate Beginners

Bay Property Management Group

Separate Utilities: Many times, each unit can have its own utility meters for water, electricity, and gas. Since each unit has separate utilities, tenants are only responsible for paying for their own usage. They give you just slightly more work to juggle than a single-family home, but not as much as a traditional apartment.

article thumbnail

Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

Accessory Dwelling Units (ADUs) are smaller, independent living spaces located on the same lot as a single-family home. You will want to confirm: Your lot is zoned for residential use Your home meets setbacks and coverage limits There is proper space to accommodate an ADU layout and access 3.

article thumbnail

Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

Pros Lower Purchase Price: Condos usually cost less to buy than single-family homes or duplexes. Over time, it might cost more to manage each unit’s separate utilities and appliances than it would for single-family investments. First, we’ll start with condos.