Property Management News
AB 2801, now active in California, is a security deposit law that changes the way landlords must handle security deposit documentation. The law requires property owners to: Provide itemized lists of deductions to tenants after move-out Include supporting documentation, such as receipts and photos Ensure all communication and documentation is shared in a timely, legally compliant format These rules are designed to protect tenants, but they also create a major shift in how landlords manage their recordkeeping—and increase the risk of legal issues for those who aren’t prepared. Failing to comply with AB 2801 can lead to: Disputes escalating to small claims court Hefty penalties for... Read more
Trade shows are a cornerstone of the property management industry, offering invaluable opportunities to network, discover new technologies, and gain insights into the...
If you’re considering moving to a new home but aren’t ready to part with your current one, you might be asking yourself: should I turn my primary residence...
To master the eviction process in multifamily rentals, grasp legal requirements, document meticulously, and communicate clearly. Comprehend state laws, issue correct...
The apartment industry is doubling down on high-quality media—something we’ve advocated for years. Your photos and videos should give renters the confidence to apply...
When executing a 1031 exchange for multifamily investment success, meticulous planning is essential. Guarantee IRS compliance, involve a Qualified Intermediary, and meet strict timelines. Select replacement properties wisely to maximize tax deferral and returns. Verify like-kind status, match or exceed relinquished property value, and hold for business or investment. Leverage debt strategically to impact cash-on-cash returns positively. Multifamily investments offer wealth growth potential and tax savings. Be mindful of risks like disqualification and depreciation recapture. Explore lucrative opportunities through networking and financial due diligence. Real-life case studies... Read more
In the changing multifamily landscape, resident expectations are shifting from traditional amenities such as pools and fitness centers to comprehensive service offerings...
Owning a vacation rental can be a fantastic investment, providing both passive income and property appreciation. However, managing a short-term rental successfully...
Navigating the complexities of property management can be challenging, especially when a tenant decides to break their lease. As a landlord, understanding what to do if...
Have you ever wondered how to quickly assess whether a tenant can afford your rental property? The rent-to-income ratio is a simple, yet powerful, tool that helps...
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