Remove Contractors Remove Demo Remove Regulation
article thumbnail

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

Buildium

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. These are exactly the areas where new investors struggleand where you can excel immediately.

article thumbnail

Maximize your rental business with small landlord property management software

Buildium

Property management software typically includes features for tracking maintenance requests, scheduling repairs, and managing contractors. Legal Compliance The legal landscape for rental properties is complex, with various regulations to adhere to. This helps you spot and fix issues quickly.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too. A single account through which all money passes simply wont cut it.

article thumbnail

A Complete Guide to Commercial Building Maintenance: Checklists, Costs, and Schedules

MRI Software

Regular upkeep not only prevents costly repairs but also improves energy efficiency, ensures compliance with regulations, and enhances the overall experience for occupants. Regular testing and servicing of fire alarms, sprinkler systems, and extinguishers ensure compliance with local fire codes and regulations.

article thumbnail

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

Buildium

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. These are exactly the areas where new investors struggleand where you can excel immediately.

article thumbnail

What are hard services in facilities management?

MRI Software

Safety and compliance: Hard services like fire safety systems keep your facility compliant with safety regulations, protecting occupants and assets. Effective HVAC systems regulate air quality and temperature, which are essential for occupant comfort and can significantly impact productivity and well-being. Contact us today.

article thumbnail

What are multifamily ADUs?

MRI Software

For example, a six-unit apartment building could add two conversion ADUs and two detached ADUs under current regulations. In ADU multifamily California laws, multifamily ADUs are regulated under state and local ordinances, with specific rules on how many units you can add. What are the benefits of adding ADUs to multifamily properties?