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How to Start a Property Management Company

BetterWho

Most guides will tell you to register an LLC, get licensed, and open a bank account. At BetterWho, weve helped dozens of property management entrepreneurs stop being the bottleneck and start building something real with systems, team structure, and strategy from day one. Step 5: Set Up Financial Systems Dont wait until tax season.

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Stessa vs Buildium: Which software is best for you in 2025?

Buildium

read Download Buildium’s 2020 State of the Property Management Industry Report Download Today --> Get the latest industry insights. --> MktoForms2.whenReady(function Stessa vs Buildium: Property Maintenance Management Managing maintenance effectively keeps tenants happy and protects property value.

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Occupancy Cost in the Short-Term Rental Market

Hospitable

Insurance includes the costs of policies that protect the property and contents against damage or loss and liability insurance that covers accidents or injuries occurring on the property. Common Area Maintenance (CAM) charges for maintaining shared areas in multi-tenant buildings, such as hallways, restrooms, and parking lots.

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Airbnb Preventative Maintenance

Thanks For Visiting

Drain and Inspect: Yearly Maintenance Is Key Draining your hot water heater annually prevents sediment buildup and improves efficiency. Have a licensed plumber inspect, especially gas-powered units, to minimize risks such as carbon monoxide leaks. It also extends the tank’s lifespan. Hire a professional for this task.