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Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Practice proactive risk management strategies like robust tenant screening and maintenance plans. Implement proactive risk management strategies like robust tenant screening and preventive maintenance. Additionally, incorporating preventive maintenance strategies is key to controlling costs and extending the life of your property.

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Water damage in a rental property can cause tremendous damage.

Real Property Management DC Metro

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. As in all cases, we politely and respectfully draw tenants back to the lease regarding areas of responsibility.”

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New Laws for LA Landlords

Real Property Management Choice

This law applies to any lease executed, renewed or extended on or after 1st July 2015. and it is also their responsibility to pay for all expenses prior to installation and costs that may arise from damage, maintenance, repair, removal and replacement of the charging stations.