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Everything you need to know about apartment management in 2025

Buildium

Partner with licensed plumbers, electricians, and HVAC professionals. Create a detailed monthly budget covering maintenance, staffing, utilities, marketing, taxes, insurance, and office operations. Verify licenses and insurance before work begins. Standardize unit inspections to identify recurring issues early.

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Firing Your Property Manager

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Depending on your area, a property manager might be a licensed real estate salesperson. Understanding Licensing Requirements Licensing needs vary by location when someone oversees property, so some places require licenses to co-host. Midterm Rentals and Licensing Thinking about midterm rentals as an option?

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

HOA Managememt

It also regulates budgeting, insurance, maintenance obligations, and voting rights. When in doubt, both board members and homeowners should consult: A licensed attorney A professional Alabama HOA management company These experts can ensure compliance with Alabama law and help navigate complex disputes.

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What you didn’t know about property management trust accounting

Buildium

These types of trust accounts are often prepared by an attorney and come with several pieces of documentation such as notarized trust certification, estate rules, etc; None of which applies to a property management business!

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Essential Legal Considerations for Starting a Real Estate Business

American Apartment Owners Association

Its essential to consult with an attorney, business consultant, or accountant in your state. Secure Necessary Permits and Licenses: Research local laws and policies to guarantee your business complies with zoning laws and other regulations. This makes an LLC ideal for partnerships and also solopreneurs.

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Small Law, Big Tech: AI’s Role In Revolutionizing The Legal Industry

Forbes Business Council

Home Warranty Cost Best Home Appliance Insurance Best Solar Companies Best Solar Panels Cost Of Solar Panels Solar Tax Credit By State Are Solar Panels Worth It? for Forbes Business Council COUNCIL POST Expertise from Forbes Councils members, operated under license. All Rights Reserved. Opinions expressed are those of the author.

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Real Estate Title Claim Dispute Toolkit

American Apartment Owners Association

If you purchase property, you should have title insurance, and if you loan money secured by real property you should have title insurance. It is well worth it to have an insured deed with a policy of title insurance issued by a title insurance company. Bankruptcy Court. The prelim is an imperfect snapshot!