Property Management, Tenant Selection, Real Estate News & Tips

Tag: lease agreement

Guide to Late Rent Fees for Landlords and Property Managers

By on October 20, 2017 in Education with 0 Comments
Guide to Late Rent Fees for Landlords and Property Managers

When a renter pays rent late, most landlords will impose a late fee as a penalty to the late rent.   Late fees for rent payments are typically based on a reasonable percentage of the monthly rental rate (5-10%) or a flat fee. In most cases, a landlord can only charge a late fee if […]

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Avoid Risks When Signing a New Rental Agreement

By on May 1, 2017 in Education with 0 Comments
Avoid Risks When Signing a New Rental Agreement

There is a joke that the only time we read the fine print of any contract is when a problem arises. This collective negligence is not a new thing. According to David Hoffman, a professor at the University of Pennsylvania Law School, few people read contracts in their entirety.  But what does this mean for […]

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As a PM or Landlord What Documents are We Required To Keep?

By on June 16, 2014 in Education, Off Topic with 0 Comments
As a PM or Landlord What Documents are We Required To Keep?

As a property management software distributor catering to the property management industry, we’re often asked:  “What documents do we need to keep?”.  This varies state to state; however, I’ve begun compiling a list of documents that landlords and property managers absolutely must keep; not just for the term of the tenancy, but beyond. Basic Documentation: Lease Agreements […]

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