Property Management News
Skipping or delaying SB 326 inspections can trigger lawsuits, loan denials, insurance cancellations, special assessments, and falling property values. If you manage or live in a California condo community, compliance is not optional. What Is SB 326 and Who Must Comply Purpose: Prevent structural failures of Exterior Elevated Elements (EEEs) in condo communities. Applies to: Condo HOAs with buildings of 3+ units. Elements covered: Balconies, decks, walkways, stairways, catwalks, and other wood-supported structures 6+ feet above grade. Key compliance points First inspection deadline: January 1, 2025 Ongoing cycle: Every 9 years after the initial inspection Qualified inspectors: Licensed... Read more
When managing a short-term rental property, understanding what is reasonable wear and tear is critical for maintaining good relationships with guests while protecting...
Renovating your multifamily property can lead to higher rents, better tenants, and increased value, but not every project makes financial sense. In today’s evolving...
In California, Senate Bill 721 (SB 721) and Senate Bill 326 (SB 326) represent transformative legislation aimed at reinforcing safety and structural integrity in...
Are you constantly seeking out innovative solutions to enhance the security, convenience, and operational efficiency of your multifamily dwelling? If you’re still...
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 why’d they move out? Sometimes, life just happens. But in many cases, residents leave because of issues that could have been addressed — or better yet, prevented. And when you consider the true cost of resident turnover (lost rent, cleaning and repairs, leasing fees, vacancy stress…), it’s clear: improving resident retention isn’t just a nice-to-have. It’s a strategy worth investing in. Here are the top reasons residents move out — and how you can help them stay longer, happier. 1. Maintenance Delays and... Read more
Tenants dream of living in a place they can truly call home. However, issues like mold can sometimes get in the way. It makes the place feel stuffy and can even take a...
Though they were once the height of fashion, these days, many are wondering how to remove popcorn ceilings. In the middle of the 20th century, the textured feature...
Today’s multifamily investment market can feel like a three-ring circus thanks to leveled-off rents, increased costs and more competition in many regions. Performers...
The history of property maintenance operations has seen slow but continuous innovation. The techniques we see as outdated today were the best practices of their time,...
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