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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Class 1 – Comprehensive study A physical examination of the property must be conducted. The professional will review maintenance records and interview directors, employees and agents of the corporation, and deliver a reserve fund projection that spans at least 30 years.

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Property management trends: What to prepare for in 2025

Condo Control

Everything costs more, and as a result, some would-be clients looking to save money will hold off on hiring a manager. According to one report, 50% of property management companies plan to expand between 1% and 25%. This is a slower rate of growth than what companies projected in 2022 and 2023.

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Maximizing Tenant Retention in Shasta County: Insights on Average Stay Durations for Real Estate Investors

Authority Property Management

Overall Average Duration Our analysis reveals that, on average, tenants stay in our managed properties in Shasta County for approximately 985 days, which is about 2.7 years) 2023: 337 days (about 0.9 Ensuring timely maintenance, responsive communication, and a positive living experience can contribute to longer tenant stays.

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San Francisco Property Taxes: What Landlords Need to Budget For

Gordon Property Management

Plenty of tax benefits are available to rental property owners in San Francisco, and that’s good news. You’ll be able to recoup a lot of what you spend on things like maintenance, property management fees, and mortgage interest when you file your taxes. For the fiscal year 2023 – 2024, the amount is $59.00

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

Property management services have changed by leaps and bounds over the past 5-10 years. And property management outsourcing services have grown along with it. While the traditional approach to property management simply provided the basics – maintenance, rent collection, etc. Maintenance and repair.

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Staying Ahead of Market Trends: Colorado Springs Property Management Insights for 2024

Muldoon Associates

The jumps are not as dramatic as they were a year ago, but you shouldn’t have to lower the asking price for your rental properties quite yet. Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6% They’ll respond favorably to rental homes offering smart home technology.

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Property Management Software: Managing Vacation Rentals

Avantio

Contents Toggle Is investing in property management software the key to success in a competitive industry? What Is Property Management Software? Why is Property Management Software Essential for Short-Term Rentals? What are the Key Challenges in Vacation Rental Management?