Remove Document Remove License Remove Rental Property
article thumbnail

The Importance of Hiring and Working with Licensed Contractors

Bay Property Management Group

Owning one or more rental properties can be a great way to make a living for you and your family. However, when you own a rental property, you must be prepared to make repairs and tend to maintenance requests to ensure a safe and habitable home for tenants. Contents of This Article: Why Do You Need Licensed Contractors?

License 130
article thumbnail

6 proven ways to prevent rental fraud at your multifamily properties

Yardi Breeze

Use advanced document authentication Documents can be hard to verify manually. Unless you are also a licensed private investigator and have all the time in the world, technology is your key to quickly and accurately make sure the documents provided to you by prospective renters are authentic. Cons : None!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

Stricter Rent Control and Resident Protections California has expanded rent control and resident protections to further regulate rental price increases and eviction processes. Reduces loopholes used by property owners to bypass existing rent control laws. Higher taxes and fees for short-term rental operators.

article thumbnail

Building Strong Vendor Relationships: A Property Manager’s Key to Success

Real Property Management Chicago

Creating a network of dependable vendors is crucial for rental property owners or managers who want to maintain their rental property in good condition. If doable, check with vendor past clients and local licensing boards. Documenting every interaction with the vendor, including phone calls, is also necessary.

Property 189
article thumbnail

HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

In this article, we’ll explore the significant benefits of regular HVAC maintenance for single-family rental properties and provide a few statistics that highlight the impact. For owners of multiple single-family rental properties, these unexpected costs can add up quickly.

article thumbnail

The Property Manager’s Guide to Rental Property Laundry

Lula

Enhancing Rental Properties with Efficient Laundry Facilities When I was viewing my current apartment for the first time, before I had even seen a rental agreement, I was elated to learn that use of the onsite laundry facility was provided free of charge. Failing to do so can lead to disgruntled tenants or costly repairs.

article thumbnail

Refinance Rental Property: Should Landlords Do It?

SparkRental

The Big Picture on If And When to Refinance Rental Property: Refinancing is most advantageous when interest rates drop significantly compared to your current mortgage, allowing you to reduce monthly payments and improve cash flow. Always consult a licensed real estate consultant and/or financial advisor about your investment decisions.