Remove Contractors Remove Finance 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. In terms of financing, your professional background can also give you an edge.

article thumbnail

Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

Local zoning laws posed challenges earlier, but many cities and states now have more flexible regulations. Contacting professionals such as architects, designers, or ADU-specialized contractors can help ensure your plans meet the code and avoid delays during review. What Are ADUs and Why Are They Important?

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

100+ Questions Every LA Multifamily Investor Should Ask

InveServe

Initial Investment & Financing (LA-Specific): What is the total acquisition cost (including purchase price, closing costs, due diligence, and potential seismic retrofitting a critical LA consideration)? What are my financing options specific to the LA market (local lenders, specialized programs)? tenant relocation costs)?

article thumbnail

How to Handle a Bad Contractor

SparkRental

The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.

article thumbnail

2025 HVAC Refrigerant Rules: Downloadable Guide for Property Managers

Lula

This guide explains the 2025 HVAC regulations in simple terms, helping property managers keep investors properties valuable and tenants happy. Explore Financing : Help investors find loans or payment plans for upgrades. Get Good Deals : Negotiate with contractors for better prices or priority service. Whats Happening?

article thumbnail

What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

Make Use of Reliable Vendors: Engage in business with contractors who are dependable and economical. A major component of property management is the administration of finances in a manner that is both accurate and transparent. Is your property management service mindful of the management of financial resources that you desire?