Remove Compliance Remove License Remove Maintenance
article thumbnail

The Importance of Hiring and Working with Licensed Contractors

Bay Property Management Group

However, when you own a rental property, you must be prepared to make repairs and tend to maintenance requests to ensure a safe and habitable home for tenants. Working with licensed contractors is vital if you’re not very skilled in these areas. Contents of This Article: Why Do You Need Licensed Contractors?

article thumbnail

How property managers can expand their business by acquiring other property management companies

Buildium

Conducting Due Diligence Due diligence involves checking your potential acquisition’s financial health, operational stability, and legal compliance. Review their software platforms, vendor agreements, and maintenance processes. Standardize workflows including rent collection, maintenance requests, and tenant communications.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Legal Deadline Alert! New California Law Webinar Series Starts June 26

American Apartment Owners Association

California landlords, HOAs, and property managers — are you ready for the upcoming compliance deadlines tied to Senate Bills 721 and 326? We’ll also walk through key questions to ask when selecting a licensed EEE inspector.

article thumbnail

When to Consider Hiring a Professional Property Manager

AirKeeper

Between handling guest bookings, coordinating cleaners, juggling maintenance needs, and staying on top of local regulations, what starts as a promising investment can quickly become a full-time job. Navigating complex compliance requirements Local councils and strata bodies continue to evolve short-term rental rules.

article thumbnail

Stessa vs Buildium: Which software is best for you in 2025?

Buildium

It covers nearly every aspect of property management, including leasing, rent collection, maintenance tracking, and accounting. You are using an outdated browser. Please upgrade your browser to improve your experience and security. Buildium stands out for its ability to grow with your business.

article thumbnail

How SB-721 is Shaping the Future of Property Management in California: A Comprehensive Analysis

Authority Property Management

Qualified professionals must conduct these inspections, including licensed architects, civil or structural engineers, or experienced contractors. Inspections must be performed by: Licensed Architects with structural design expertise. Civil or Structural Engineers licensed in California. Who is Qualified to Conduct Inspections?

article thumbnail

Is Your CA Property Manager Legally Licensed?

Authority Property Management

Why Must California Property Managers Have a Real Estate Broker License? One key requirement is that both individual property managers and firms must operate under the supervision of a licensed Real Estate Broker. This regulation is essential for maintaining high standards of professionalism and legal compliance in the industry.

License 52