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Understanding and managing rental property maintenance emergencies—before it’s too late

Buildium

Your approach can significantly impact the profitability of each property in your portfolio, tenant satisfaction, relationships with your clients, and compliance with legal obligations. Vendor and Contractor Coordination Establish a network of reliable vendors and contractors. Documentation Document everything meticulously.

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Effective asset management property maintenance: Strategies for property managers

Buildium

Well explore preventative maintenance, cost-effective strategies, harnessing technology, and the importance of legal compliance, outlining some actionable ways for you to tighten up your maintenance operations. Common legal challenges include tenant complaints, non-compliance fines, and insurance liabilities.

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The Importance of Hiring and Working with Licensed Contractors

Bay Property Management Group

Working with licensed contractors is vital if you’re not very skilled in these areas. Today, we’re reviewing when to hire licensed contractors and why working with them is so important. Contents of This Article: Why Do You Need Licensed Contractors? Why Do You Need Licensed Contractors? Need More Advice?

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Maximize your rental business with small landlord property management software

Buildium

Property management software makes messaging more intuitive through communication platforms (think mobile apps and tenant portals ), automated reminders for upcoming rent due dates, and easy access to lease agreements and other important documents. Lease Management Managing lease agreements and related documents can be overwhelming.

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Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This role includes preparing the agenda, facilitating discussions, and documenting decisions.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

Most debt collection practices are governed by state law, and your specific homeowner’s associations governing documents tackle the process. Many HOAs have already meticulously outlined the process in their governing documents. It applies mainly to third-party collectors, and HOAs may be affected if they hire such contractors.

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How to Handle a Bad Contractor

SparkRental

The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.