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California Increases Dollar Limit for Home Repairs Without Licensed Contractors

Authority Property Management

Signed into law in September 2024, California Assembly Bill 2622 (AB 2622) introduces updates to the Contractors State License Law that directly benefit property owners and renters. AB 2622 raises the dollar threshold for contracting work that does not require a licensed contractor.

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Best practices for expanding your property management portfolio into new markets

Buildium

This limits your exposure to region-specific challenges, such as real estate regulations and natural disasters. Assessing Local Regulations and Policies Rental regulations and policies can significantly impact profitability. Building Local Partnerships Partner with local real estate agents, contractors, and real estate lawyers.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

However, some provisions may be found in state regulations. More specifically, Arizona Revised Statutes (ARS) Title 33, Chapter 16, including ARS 33-1807 and ARS 33-1808, regulates debt collection. It applies mainly to third-party collectors, and HOAs may be affected if they hire such contractors. Code 1788 et seq.).

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Property Manager’s Guide to Planning Major Renovations

Real Property Management DC Metro

If the property is unoccupied, focus your planning on costs and hire experienced contractors who can work within your desired timeframe. Coordinating contractors, vendors, and renters requires investing considerable time and effort in managing expectations and schedules. and unexpected expenses.

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HOA Summer Preparation Checklist: Getting Ready For Warmer Months

HOA Managememt

Having licensed professionals assess your property can save the community money in the long run. Refresh Rules and Regulations Warmer months may prompt behaviors that test the communitys guidelines, such as noise complaints, parking violations, or pet disputes.

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Everything you need to know about apartment management in 2025

Buildium

Partner with licensed plumbers, electricians, and HVAC professionals. Forecasting Tips for On-Time, On-Budget Rental Property Maintenance Staff, Contractors, and Vendor Management for Apartment Management Efficient operations rely on a dependable team and responsive service providers. Verify licenses and insurance before work begins.

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Property Manager’s Guide to Planning Major Renovations

Real Property Management California Coast

If the property is unoccupied, focus your planning on costs and hire experienced contractors who can comply with your desired timeframe. Coordinating contractors, vendors, and renters demands investing considerable time and effort in managing expectations and schedules. and unexpected expenses.