Remove Contractors Remove Landlord Remove License
article thumbnail

California Increases Dollar Limit for Home Repairs Without Licensed Contractors

Authority Property Management

AB 2622: How Californias New $1,000 Rule Benefits Landlords, Tenants, and Homeowners How AB 2622 Is Transforming Property Management in California Californias latest legislation brings flexibility and cost savings for landlords, homeowners, and tenants alike. Benefits of AB 2622 for Landlords and Homeowners 1. What Is AB 2622?

article thumbnail

What Are Leasehold Improvements in Rentals?

Bay Property Management Group

Sometimes, to make accommodations for the property, the landlord may need to make certain changes that help the leaseholder feel more comfortable. These improvements are often considered capital assets and may require landlord approval, licensed contractors, and lease review before starting.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Property Management Maintenance Feels Expensive (and What’s Really Going On)

T&H Realty

Nick is also a highly successful real estate investor who formed Off Leash in response to what he saw as a lack of quality General Contractors in Central Indiana. Need a licensed HVAC, plumbing, or electrical pro? On top of this we have ongoing fees for Indiana General Contracting licensing and bonds. Expect 1.5–2×

article thumbnail

Best practices for expanding your property management portfolio into new markets

Buildium

Before breaking into a new market, research its local landlord-tenant regulations, rent control laws, eviction policies, licensing requirements, and other relevant restrictions. Building Local Partnerships Partner with local real estate agents, contractors, and real estate lawyers. Not sure where to find them?

article thumbnail

Choosing the Right Property Manager

California Leasing & Management

Do they perform credit checks, criminal background checks, income verification (and what are their income requirements), and check references from previous landlords? Do they have an in-house maintenance team or a network of vetted, licensed, and insured contractors? How Do You Handle Property Maintenance and Repairs?

article thumbnail

Would Your Portfolio Benefit From A Property Manager?

Rental Housing Journal

They market the property and manage its maintenance using quality contractors and even tenants. The best property-management companies use licensed professionals, from real estate agents and marketers to licensed contractors and trade professionals with all the right connections and certifications.

article thumbnail

Can You Remodel a Condo in Philadelphia?

Bay Property Management Group

Your licensed general contractor will handle filings, so submitting paperwork early can prevent project delays. In most cases, your licensed general contractor will handle this part for you. Landlords can deduct maintenance, depreciation, mortgage interest, and many other basic costs of doing business.