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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. What Is AB 2622? Benefits of AB 2622 for Landlords and Homeowners 1.

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Best practices for expanding your property management portfolio into new markets

Buildium

The most successful property managers aren’t just overseeing properties—they’re expanding. Understanding the Benefits of Expanding Your Property Management Portfolio Expanding your portfolio comes with real advantages. If commercial real estate rents dip, your residential properties can buoy you up (and vice versa).

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Property maintenance management workflows 201: Shifting from reactive to proactive maintenance

Buildium

As your property management company grows, your maintenance game has to level up, too. Thats what process solutions consultant Kelli Segretto of K Segretto Consulting told us based on her 20+ years of experience within multifamily, single-family, and LIHTC property management. In-house staff are being hired to handle work orders.

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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. As someone who has owned nearly 200 rental properties, I’ve seen (and paid for) just about everything that can break, leak, or fall off (or onto) a building. Expect 1.5–2×

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Lula Partners with Rent Manager, Progressing Property Maintenance Transformation

Lula

Lula has officially partnered with Rent Manager, one of the nations leading property management software platforms, to deliver an AI-powered, seamless maintenance experience for single-family and multi-family property managers and owners nationwide. Say goodbye to after-hours calls and last-minute emergencies.

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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. Instead, it’s recorded as an asset.

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Property Manager’s Guide to Planning Major Renovations

Real Property Management DC Metro

Planning large-scale property renovations is both inspiring and formidable for rental property owners and managers. However, it’s formidable due to the demand for careful planning, budgeting, and synchronization—especially when the property you are renovating is currently occupied. and unexpected expenses.