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6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

You already know how to handle tenants, maintenance, budgeting, and legal compliance. Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental ownership. Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said.

Property 200
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6 steps to jump from property manager to property investor: Build your rental portfolio with confidence

Buildium

You already know how to handle tenants, maintenance, budgeting, and legal compliance. Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental investment. Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said.

Property 130
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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

Landlords will need to provide “supporting documentation” for applicable costs, which must be limited to expenses related to operation, maintenance, and repair. Local district attorneys have been granted authority to enforce these requirements, necessitating a rigorous adjustment to leasing practices.

Lease 52
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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

Documenting any maintenance issues and costs that occur within the home and filing all warranties and repair information will give references to all future repair works, budget analysis, and define your and tenant’s responsibilities on repair costs. It also saves the attorney from having to do this for you, for a fee.)

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December 2024 Client Town Hall

Nest DC

While we actively negotiate the best pricing for our clients, this significant market shift affects all aspects of property maintenance and updates. At Nest DC, this isn't just about maintenance - it's about caring for homes the way we'd want our own homes cared for. Often times such efforts result in the payment in past due rent.