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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

When people set up their monthly budget, rent is usually the #1 priority, followed by utilities. But sometimes, utility costs can pile up fast and throw off your entire budget. That’s why some landlords bundle certain utilities with the rent. Still, what utilities are included in the rent, exactly?

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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.

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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

You’ll also likely have to have a separate agreement on file outlining your relationship with the third-party provider, as well as the tenants. In this case, the tenant will pay an upfront deposit on the bond, typically 17.5% For example, Obligo doesn’t utilize a claims process like a surety bond. Some areas may limit use.

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Are energy management systems right for all property managers?

Yardi Breeze

That means they’re doing monthly utility calculations, inputting utility invoices into custom spreadsheets and manually generating charges for tenants. Energy management systems automate these processes and provide better transparency into utility usage and expenses.

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The Art of Landlord-Tenant Communication: A Comprehensive Guide

Real Property Management Evertrust

Communication is vital in forming a strong relationship between landlords and tenants, as it outlines the responsibilities of both sides. This not only enhances the tenant experience but also strengthens the overall relationship between the parties involved. Nevertheless, exercise care and maintain professionalism while utilizing it.

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

Buildium

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.

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Social media marketing for property management: How to build a strong presence on the right channels

Buildium

As a property manager, you already know that, to find new clients and tenants, youll have to meet them where they are. Platforms like Facebook, Instagram, Twitter, and LinkedIn give you unique opportunities to showcase your properties, chat with tenants and prospects, and build a solid online presence.