Recent - Azibo

Join a thriving community of over 5000 readers who are reshaping the rental landscape with Azibo’s expert advice.

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

Recent Blog Posts

October 26, 2023

Nichole Stohler

What Can a Landlord Look at During an Inspection? Everything You Need to Know

Learn about the different aspects a landlord can inspect during a rental property inspection, including the property's condition, maintenance issues, lease violations, and compliance with rules and regulations.

October 25, 2023

Vivian Tejada

Maximum Late Fees by State: A Landlord’s Guide

Discover the ins and outs of late rental fees in your state with our detailed guide. Stay in control of your property investment and ensure timely payments with our essential insights.

October 12, 2023

Gemma Smith

Short-Term Rentals in New York City: What You Need to Know in 2023

Explore the changing face of short-term rentals in New York City: Unpacking regulations, challenges, and adaptations in the landscape.

No results!

Press 'Clear' & try again!

No results!

April 26, 2024

Nichole Stohler

A Demand Security Deposit Letter Template for Tenants

Moving out can make getting your security deposit back a hassle, but a demand letter can smooth out the process. By including all the key details in writing and using a polite yet formal tone, you give your former landlord a fair chance to return what they owe without any unnecessary complications.

April 26, 2024

Nichole Stohler

Understanding the Common Area in Apartments and Commercial Properties

Common areas, those often overlooked shared spaces found in apartment buildings and commercial properties, are key pieces of the communal living puzzle. This guide covers what exactly qualifies as one of these community hubs and how property owners can ensure they remain clean, safe, and accessible for all.

April 25, 2024

Nichole Stohler

Tenancy in Common: Shared Real Estate Ownership

Tenancy in common allows multiple people to own different percentage shares of a single property. It can be a handy setup for splitting the costs and benefits of ownership. This co-ownership arrangement has advantages like flexible ownership stakes but also potential drawbacks you should consider.

April 25, 2024

Noemie Peou

Is Security Deposit Considered Rental Income? Tax Tips for Property Owners

Get ready to examine security deposits and whether they count as rental income. In our comprehensive guide, we'll explore the ins and outs of security deposits, how they impact your taxes, and everything you need to know to stay compliant with IRS regulations.

April 24, 2024

Nichole Stohler

The Profit and Loss Statement for Real Estate Made Easy

This article explains the Profit and Loss (P&L) Statement for rental property owners, outlining how to effectively generate and analyze these financial reports to monitor and enhance business performance. With Azibo's intuitive tools, property owners can effortlessly manage their financial data, gaining crucial insights to optimize profitability and ensure efficient property management.

April 23, 2024

Nichole Stohler

Simplifying Your Rental Management With Online Lease Agreements

This article explores online rental agreement software, revealing how it simplifies the process of creating legally airtight leases tailored to your state's regulations. We'll also explore how having a complete solution that integrates leasing with other key aspects like tenant screening and accounting provides landlords with a seamless rental management experience.

April 23, 2024

Nichole Stohler

The Investor's Guide to Insurance for Commercial Properties

Ask any seasoned real estate pro, and they'll tell you that a commercial investment property needs commercial property insurance. No one can control life's unexpected disasters, like fires, storms, or theft, which is why you need this type of policy to protect your assets. Discover what commercial property insurance is, how it works, and what it covers to help safeguard your investment.

April 22, 2024

Nichole Stohler

Short-Term Rental Tax: What Property Owners Need to Know

Are you renting out your home or apartment for short stays? Although this extra income will have your bank account thanking you, it will come at a cost come tax time. In this article, we'll provide a comprehensive guide to understanding the tax rules for short-term rental properties so you can stay on the right side of the law and benefit from your extra earnings without any unwanted surprises from the IRS.

April 19, 2024

Gemma Smith

Can My Landlord Ask for Additional Security Deposit?

Here, we take a look into the circumstances under which a landlord can legally request an additional security deposit, highlighting the role of state-specific laws and tenant rights in such scenarios. We provide an insightful overview of how changes in rental conditions, property modifications, or adjustments in lease terms can prompt landlords to seek extra security deposits, ensuring that tenants are equipped with the knowledge to handle these requests appropriately.

April 19, 2024

Nichole Stohler

Can You Write off HOA Fees on Rental Property?

As a real estate investor, you're constantly looking for ways to reduce your expenses and increase your bottom line. One significant cost that you may have are homeowner's association (HOA) fees. This guide will give you answers on deducting these fees and information on how to maximize your overall tax deductions.

April 18, 2024

Gemma Smith

What Is a Commercial Lease Security Deposit?

A commercial lease security deposit serves as a financial safeguard for landlords against potential damages or unpaid rent, and it plays a crucial role in the financial strategies and negotiations of commercial leasing agreements. Understanding the terms related to these deposits is vital for both landlords and tenants to manage property effectively and avoid disputes.

April 18, 2024

Nichole Stohler

Multifamily Operating Expenses: A Comprehensive Guide

What are all the operating expenses you can expect as a multifamily investor? Learn the typical operating expense categories, how to track your performance against other properties, and strategies to reduce costs.

April 17, 2024

Gemma Smith

Writing a Notice to Vacate Letter: A guide for landlords and tenants

Join us as we provide a comprehensive guide on how to write a notice to vacate letter, detailing the different types necessary for various leasing scenarios. It offers practical advice to ensure these notices meet legal standards and clearly communicate the intentions of both landlords and tenants.

April 17, 2024

Nichole Stohler

Mastering the Management of Out-of-State Rental Property Taxes

Investors seeking higher returns and better opportunities may seek out-of-state investment properties. While the potential rewards are compelling, tax obligations can quickly become complicated if you own rentals across state lines. Discover the steps for filing taxes on those out-of-state rentals, including the state tax rate structures and how to avoid double taxation.

April 17, 2024

Nichole Stohler

The 13 Best Bank Accounts for Rental Properties

Opening a separate bank account for your rental property business is a smart move that often gets overlooked. This simple step can save you from a tangled web of financial and legal headaches, setting you up for success as a real estate investor.

April 16, 2024

Gemma Smith

Demystifying Interest on Security Deposit Payments

Explore your rights and responsibilities regarding interest on security deposits. This guide helps landlords and tenants navigate the complexities of deposit laws across states, ensuring compliance and an understanding of financial implications.

April 16, 2024

Nichole Stohler

Rent-to-Own Tax Reporting: Everything Sellers Need to Know

Are you thinking about selling your home? Find out how a rent-to-own agreement can provide unexpected tax benefits, help you maximize your profits, and improve your tax management.

April 15, 2024

Gemma Smith

What is Considered Normal Wear and Tear in a Rental Property?

Grasp the fundamentals of what constitutes normal wear and tear in rental properties, distinguishing it from tenant damage. This guide outlines crucial considerations for landlords to manage their properties efficiently and foster positive tenant relationships.

April 15, 2024

Gemma Smith

Essential Tips for Managing a Security Deposit for Sublease Agreements

This article explores the complexities of managing security deposits for sublet tenants, emphasizing the importance of these deposits as financial safeguards in subletting agreements. It details the roles and responsibilities of both the tenant and the landlord and explains the differences between subleasing and directly renting an apartment unit.

April 15, 2024

Nichole Stohler

7 Rent Tracking Apps to Maximize Your Rental Income

Streamline your rental property management with the right rent-tracking app. From online rent collection to automated reminders and comprehensive accounting, these tools can save you time and help you stay on top of your rental income.

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.