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Amanda Maher
| 7 min. read
Benign lease provisions lead to 6-year battle, $1M class-action lawsuit against Iowa City landlord
“Tenants are responsible for the cost of all damages/repairs to windows, screens, doors, carpet, and walls, regardless of whether such damage is caused by residents, guests, or others.” At the outset, this seems like very standard lease language....
Amanda Maher
| 7 min. read
Squatters’ rights in Washington State leads to onslaught of unwelcome guests
Last year, we posted “Squatters’ Rights in New York City,” an article that looked at how difficult it is to evict squatters camping out in NYC apartments. However, urban landlords aren’t the only ones facing this issue. It seems...
Jason Van Steenwyk
| 7 min. read
Protect your neck: Understanding key clauses in your errors and omissions insurance policy
Errors and Omissions Insurance vs. General Liability Insurance The courts have held that errors and omissions insurance “generally protects against liability based on the failure of the insured, in his or her professional status, to comply with what...
Amanda Maher
| 7 min. read
New marijuana laws create hazy situation for landlords & property managers
This past November, voters in California, Massachusetts, Maine, and Nevada voted overwhelmingly in favor of recreational marijuana. These four states joined Colorado, Alaska, Washington, Oregon, and the District of Columbia, which had already legalized the use of marijuana...
The Anatomy of the Perfect Lease
Great property management begins with a great lease. That’s because smart, clear leases help keep you organized, compliant with laws, and can help make you more profitable and efficient in your business. Download this comprehensive guide for advice...
Amanda Maher
| 6 min. read
Screening tenants just got more complicated—here’s what you need to know
Tenant screening has never been easy. Landlords and property managers have to balance their desire to find good tenants—those who will pay on time, take good care of the property, etc.—with the requirements set forth in the Fair Housing...
5 Critical Steps for Tenant Verification
  Tenant Verification Did you know, when we surveyed owners last summer to see what they most look for in a property manager, 78% cited finding great tenants as a top priority? That’s no surprise for most of...
Jason Van Steenwyk
| 5 min. read
15 winter landscaping tips to keep your property looking its best
Winter is a challenging season for property managers. The ice, snow, salt, and grime can make it challenging to keep your property looking attractive, even for the most diligent property owners and community managers. But don’t give up!...
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Daniel Craig
| 5 min. read
The PM forecasting mindset
No one can deny that 2020 has been a year of change, and as entrepreneurs, agility is what we thrive on. With every new obstacle has come new opportunities—and this year has been filled to the brim with...
Laurie Mega
| 8 min. read
How to run flawless, virtual HOA board meetings: Tips from a pro
Since the beginning of lockdown, property managers have had to come up with innovative ways to keep their residents safe while still providing the best service possible. One big change has been the way they run virtual HOA...
Amanda Maher
| 5 min. read
How does a 1031 exchange work? What property managers should know
Established real estate investors and property managers are likely already familiar with 1031 exchanges. The concept itself is simple: Reinvest the proceeds from the sale of a business or investment property into a like-kind investment in order to...
Tony Maiella
| 35 min. read
Forecasting 2020, Planning 2021 [Interview]
Knowing where you stand and forecasting the future: These are both simple ideas in business, but trickier than ever these days for property management companies. In order to do both, sound accounting practices and a simple forecasting framework...
Tony Maiella
| 13 min. read
The ins and outs of HOA reserve fund accounting
If you talk to an association and ask them about their hoa reserve fund accounting, you may hear some pretty unfortunate stories that happened before you arrived; reserve funds that were too low to cover repairs, treasurers who...
Laurie Mega
| 14 min. read
Property maintenance services: Everything you need to know from trends to seasonal checklists
Property maintenance services are a big part of what you do as a property management firm. Done right, regular property maintenance does more than just keep up the place. It provides value and safety for both your residents...
Tony Maiella
| 28 min. read
First 90 Days with Buildium: Essential Property Management
“Hitting the ground running” sometimes isn’t fast enough in property management. These days, property managers are sprinting as they have overhauled their businesses and adapted to the COVID-19 crisis. That’s particularly why it was so rewarding to talk...
Deb Newell
| 5 min. read
Why change up your business model now?: A property management consultant’s perspective
How many times have you heard that this is now your “new normal?” How many times have you pondered what COVID-19 will mean for the long term of your business? It’s no secret that your world—our industry—has changed...

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