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How to Start a Property Management Company

BetterWho

Most guides will tell you to register an LLC, get licensed, and open a bank account. Build this now: Trust account(s) Bookkeeping system that syncs with your PM software Owner payout calendar Consider a fractional bookkeeper or finance-focused RTM to stay lean and accurate. Book a free discovery call with our consulting team

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How to conduct an HOA reserve study: A guide for community managers

Buildium

It provides a roadmap to plan for repairs and improvements and to keep the community’s finances stable. Keep in mind that hiring an outside consultant will come with a cost. If not, you can ask your reserve study professional or a licensed contractor to provide you with estimates. When Should I Conduct an HOA Reserve Study?

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Everything you need to know about apartment management in 2025

Buildium

Luckily, the same principles apply: keep units occupied, tenants engaged, operations running efficiently, and finances under control. Partner with licensed plumbers, electricians, and HVAC professionals. Verify licenses and insurance before work begins. Standardize unit inspections to identify recurring issues early.

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Buying Property in Big White

Lifty Life

It’s strongly recommended to consult a real estate accountant or tax advisor familiar with vacation rental properties before closing. Can I finance a Big White property with a traditional mortgage? Some lenders may limit financing on properties under a certain square footage or in buildings that don’t allow full-time occupancy.

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Why Renting Might Be the Smarter Financial Choice Over Homeownership

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Weve Got Loans For All Your Real Estate And Business Needs Want to cut through the red tape of conventional financing? Real estate investing involves risks; past performance does not indicate future results.

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Does Asset Protection Work? How to Cover Your Ass(ets)

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Disclaimer The information provided on this website is for general informational purposes only and should not be construed as legal, financial, or investment advice. Treating your business like your personal piggy bank.

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Why Wait? How Gary Hibbert Takes 2-Month Mini-Retirements Twice a Year

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. 4⃣ Plan Your Finances Mini-retirements require smart budgeting and investing so you dont feel pressured to work constantly. Try taking a one-month break each year first.