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From Invisible to Irresistible: Grow Your Property Management Business by Getting Owners to Find, Like, and Hire You

Fourandhalf

The Challenge: A Crowded Market The property management industry has been growing by about 5% per year between 2018 and 2023. Add in the influx of real estate professionals and the rise of prop-tech companies, and its clear: property managers face fierce competition for new clients. The simplest way to improve your reviews?

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Seattle Hires Law Firm To Defend Against Landlord Lawsuit

Rental Housing Journal

The City of Seattle has hired a law firm to defend against a Seattle real estate investor suit alleging the city “destroyed” its ability to sustainably operate an affordable apartment property in the Chinatown International District, according to reports. The suit claims this is a “taking” of the landlord’s property.

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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

As we approach the November 2024 elections, one of the key ballot measures that could significantly impact the real estate market in California is Proposition 33. Maintenance and Upgrades With capped rental income, property owners might find it challenging to maintain and upgrade their properties.

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Property Maintenance: What The Best Property Managers Do To Get The Most Money For Their Clients

Property Management Inc.

October 26, 2018 Once a tenant signs a lease and moves into a property, it’s easy to picture the property owner relaxing and letting the rent money from their real estate investment roll in. The best managers know that proactive property maintenance pays off.

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HOA Reserve Study Requirements By State

HOA Managememt

3) An estimate of the cost of repair, replacement, restoration, or maintenance of the components identified in paragraph (1). (4) If an item is not covered in the most recent study or if no study has been conducted, the reserve amount is calculated using the estimated remaining lifespan and replacement or deferred maintenance costs.

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Reserve study requirements by state

Condo Control

According to SB 4-D , in addition to annual operating expenses, the budget must include reserve accounts for capital expenditures and deferred maintenance. Section 81-315 states that minimum contributions to reserves vary based on the Reserve Study or a statutory formula based on number of common area components. This rule is very important.

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Finding Deductions For Residential Rental Property And Lowering Your Tax Bill

Property Management Inc.

April 10, 2018 By Cassie James, PMI Communications Manager Tax season can be stressful for solo entrepreneurs and landlords. The last thing any investor wants is for an unexpected tax bill to cut profits on their real estate investment. The IRS allows owners to depreciate residential rental property over a period of 27.5