Property Management News
In California, Senate Bill 721 (SB 721) and Senate Bill 326 (SB 326) represent transformative legislation aimed at reinforcing safety and structural integrity in multi-family and condominium properties. While these laws were enacted in response to tragic incidents, they also provide a crucial compliance pathway to protect building owners and homeowners associations (HOAs) from insurance cancellation, liability exposure, and financial penalties. Background & Overview of SB 721 and SB 326 The Berkeley Tragedy & Legislative Response A tragic balcony collapse in Berkeley in June 2015 claimed six lives and injured several others. The collapse was later attributed to dry rot,... Read more
Selling a multifamily property can be a big step for real estate investors. Are you ready to cash out or trade up from your duplex, triplex, or apartment...
Recent reporting shows issues with lease clauses banning tenants from leaving negative reviews, sometimes called non-disparagement clauses in leases, so see what the...
Denying a rental application is sometimes necessary to protect your property, your other tenants, and your investment. However, in California, landlords must follow...
Are you constantly seeking out innovative solutions to enhance the security, convenience, and operational efficiency of your multifamily dwelling? If you’re still...
Sometimes living within your means requires making the most of every inch of your space. One way to do that? Renting an efficiency apartment. But what is an efficiency apartment exactly? Here, we unpack what makes an efficiency apartment unique, outline its key features, compare it with a studio, and walk you through the building amenities you might find. Keep reading to see if an efficiency apartment checks all your boxes. What Is an Efficiency Apartment? An efficiency apartment is a self-contained living space. It is a single room that includes a kitchenette, a bathroom, and other essential areas. Even seasoned property management personnel sometimes swaps the terms. But there’s more... Read more
It comes as no surprise to anyone familiar with the housing market that seasonal changes affect the purchase of homes. Summer, winter, fall, and spring create a range of...
AI might seem like something only giant companies need, but a growing array of easy-to-use AI tools can sharpen your competitive advantage in crucial areas of your small...
Managing a rental property comes with more work than most people expect—advertising vacancies, answering calls, showing units, and sorting out lease paperwork. Instead...
If you’ve ever lost a great resident, you know it stings. They paid rent on time. Took great care of the space. Maybe even brought your property manager cookies. So...
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