Property Management News
What is SB326 for HOAs and Community Boards? In California, Senate Bill 326 (SB326) is transforming how Homeowners Associations (HOAs) and community boards manage the safety and maintenance of multi-family residential properties. Passed into law in 2019, this legislation directly addresses the structural integrity of elevated exterior elements—most commonly balconies, decks, walkways, and stairways—used by multiple families in condominium buildings. For HOAs, this means a significant shift in responsibilities, risk management, and long-term planning. Why SB326 Was Enacted? SB326 was introduced in response to several tragic incidents involving the collapse of elevated structures in... Read more
Looking at the multifamily industry today, it’s easy to forget that many of our current best practices were born of necessity five years ago, when the COVID-19...
As a landlord or property owner, staying on top of your investment’s financial health is essential. Whether you self-manage or work with a property management company,...
Problems & symptoms of a poor apartment website You’re unable to make frequent updates to your community website. The two most essential pieces of information...
It’s a simple truth that’s becoming impossible to ignore: renting isn’t just a short-term lifestyle choice anymore, it’s a financial strategy (or must) for...
You might wonder why the passive income classification matters. The answer lies in taxes and investment strategies. Passive income often gets better tax treatment than active income. It can also help you balance your investment portfolio and reduce your overall tax burden. But there are exceptions to the rule. If you’re a real estate professional, your rental income might be treated differently for your benefit. Understanding these nuances can help you make smarter investment choices and optimize your tax strategy. Key Takeaways Rental income is usually considered passive income for tax purposes The passive income classification can offer tax advantages to real... Read more
Furnishing a rental unit is one of those behind-the-scenes tasks that can quietly make—or—break your tenant’s first impression. For landlords in Baltimore, the big...
Problems & symptoms of low quality leads The lead-to-lease conversion rate is poor. An essential metric for assessing the performance of your apartment’s...
After a gradual phase-out, 100% bonus depreciation is making a timely comeback—and the implications for the real estate sector are substantial. For those investing in...
In today’s ever-changing economic landscape, families are increasingly looking for ways to preserve and grow their wealth for future generations. One of the most...
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