Remove Regulation Remove Residential Property Remove Retail
article thumbnail

Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

But here's the real kicker—not all property management is created equal. The differences between commercial property management and residential property management go deep enough to shape nearly every decision you make as a property owner or manager. Each type comes with unique challenges.

article thumbnail

What is a CMMS?

Lula

These maintenance management systems are often used by hospitals, hotels, retail, restaurants, commercial real estate, and (our favorite) residential property managers. Enhanced Decision Making: Data-driven insights provided by a CMMS enable managers to make informed decisions about asset management and maintenance strategies.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is multifamily considered residential or commercial?

MRI Software

Here we explore the factors that influence how to classify a multifamily property and the implications of the classification: Residential property classification Before categorizing a multifamily property, it is important to understand the difference between residential and commercial property.

article thumbnail

What Does a Property Manager Do?

California Pacific Realty

Staying on Top of Rental Laws for Peace of Mind Property managers also have a duty to learn about housing regulations. To ensure full compliance, they must stay informed about local, state, and federal laws regulating rental properties. This includes fair housing laws, safety regulations, and tenant rights.

article thumbnail

What is multifamily zoning?

MRI Software

Multifamily zoning regulations are a crucial part of urban planning, shaping how land can be used for residential development. As demand for higher-density housing continues to grow, property managers and investors need to understand the basics of zoning for multifamily developments to make informed decisions.

article thumbnail

Senate Bill No. 969 Garage Door opener

Authority Property Management

Civil Penalties While some property owners and landlords may not feel as if this new law is terribly important, the fact is a failure to comply can result in fines that can quickly add up to thousands of dollars. Therefore, if numerous properties are found to be in violation, the fines can quickly mount up.

article thumbnail

Building a robust commercial real estate investment strategy to maximize ROI

MRI Software

When talking about real estate investing, residential real estate is typically the first to come to mind. Investing in commercial properties such as offices, industrial spaces, retail centers, and multifamily rentals offers numerous opportunities. How are local regulations and zoning laws impacting real estate development?