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When Is the Last Time You Raised the Rent?

Authority Property Management

Administrative Effort: Raising rent involves notifying tenants, updating leases, and ensuring compliance with California's rent control laws (like the Tenant Protection Act of 2019 ), which can feel like a hassle. Time It Wisely: Tie increases to lease renewals or give ample noticeCalifornia requires 30-90 days depending on the amount.

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Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Practice proactive risk management strategies like robust tenant screening and maintenance plans. Implement proactive risk management strategies like robust tenant screening and preventive maintenance. Additionally, incorporating preventive maintenance strategies is key to controlling costs and extending the life of your property.

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Water damage in a rental property can cause tremendous damage.

Real Property Management DC Metro

Kathy Grey, Manager at Real Property Management Houston said, “The great Memorial Day flood of 2015 led to water damage in a rental property and a tenant wanting to be reimbursed when the whole lower level flooded. As in all cases, we politely and respectfully draw tenants back to the lease regarding areas of responsibility.”

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New Laws for LA Landlords

Real Property Management Choice

This law applies to any lease executed, renewed or extended on or after 1st July 2015. and it is also their responsibility to pay for all expenses prior to installation and costs that may arise from damage, maintenance, repair, removal and replacement of the charging stations.

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Rent Control - A Solution? by Gaston Reboredo CCIM CPM

Florida Property Management

million housing units were added to the market between 2005 and 2015, the vast majority of those homes were designed to accommodate only the smallest and wealthiest portion of the rental population. 5- Bad tenants are incentivized to renew their leases as well as good tenants.

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Maximize Property Management Revenue Part 1: The Truth Behind Fee-Maxing

Fourandhalf

He started and later sold a maintenance company. The A-Ha Moment for Fee-Maxing Todd began thinking about involving ancillary fees in his own property management business at a NARPM Owner/Broker conference in 2014 or 2015, where he heard Marc Cunningham talk about the ancillary fees that were available for property management businesses.

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Alabama HOA Laws: A Guide to Homeowners’ Rights and HOA Powers

HOA Managememt

Alabama Homeowners Association Act (2015) Effective January 1, 2016, Alabamas Homeowners Association Act governs homeowners associations created after that date. It also regulates budgeting, insurance, maintenance obligations, and voting rights. Existing HOAs can opt in by amending their governing documents.