American Apartment Owners Association
FEBRUARY 13, 2025
Delays in compliance could lead to legal actions from homeowners, insurance complications, and costly emergency repairs. In the wake of tragic balcony collapses, such as the 2015 Berkeley balcony failure , California legislators enacted Senate Bills 326 and 721 to prevent similar disasters.
Authority Property Management
MARCH 14, 2025
Generate Passive Income and Build Long-Term Wealth Renting out your home can create a steady stream of passive income, which can help cover the mortgage, property taxes, insurance, and maintenance costs. Insurance and Property Taxes Both expenses can be written off as part of your rental property's operating costs.
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Authority Property Management
MARCH 28, 2025
The Pros and Cons of Raising Rent Pros of Raising Rent: Keeps Up with Rising Costs: Property ownership isn't cheapmaintenance, taxes, insurance, and utilities all creep up over time. Let's break down the pros and cons of raising rent versus keeping it static so you can make an informed decision.
Hospitable
MARCH 24, 2025
AirCover for Hosts includes guest identity verification, reservation screening, $3M Host damage protection, $1M Host liability insurance, and a 24-hour safety line. Houfy vs. Airbnb: General Facts Founded in 2015, Houfy markets itself as the largest vacation rental direct booking advertising platform, designed to maximize host independence.
Real Property Management DC Metro
MARCH 17, 2016
Kathy Grey, Manager at Real Property Management Houston said, “The great Memorial Day flood of 2015 led to water damage in a rental property and a tenant wanting to be reimbursed when the whole lower level flooded. While no one can predict exactly when a rental property may flood, it’s important to prepare as much as possible.
Real Property Management Choice
JULY 21, 2015
This law applies to any lease executed, renewed or extended on or after 1st July 2015. The tenant is required by the law to maintain a $1,000,000 lessee’s general liability insurance policy.; However, this law exempts properties with less than five parking spaces or properties with subject to rent control.
American Apartment Owners Association
NOVEMBER 27, 2024
Staying informed about local codes, regularly updating lease agreements to reflect current regulations, and maintaining adequate insurance coverage are essential components of legal compliance. The escalating average legal verdicts in real estate from 2015 to 2019 underscore the importance of prioritizing legal compliance measures.
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