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Finding the Perfect Multifamily Property

American Apartment Owners Association

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property 200
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BOI Reporting: Corporate Transparency Act Update

Yardi Breeze

The end of the first reporting deadline is January 1, 2025 (applicable to businesses formed before January 1, 2024). The bottom line : protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. What is the Corporate Transparency Act?

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What is NOI In Real Estate, Answered

Bay Property Management Group

Furthermore, legal fees for tenant disputes or compliance issues, as well as unexpected repairs like plumbing or electrical issues, can also impact your bottom line. Also, stay informed about changes in rental rates, taxes, and maintenance costs by monitoring market reports and consulting with local real estate professionals.

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Should There Be A Social Media Code Of Conduct For HOA Board Members?

HOA Managememt

Research is key here, and consulting a legal professional helps as well. The board can also consult legal counsel to ensure compliance with applicable laws. Posting incorrect or misleading information can cause confusion and distrust among homeowners. It’s best to review examples from other HOAs.

Media 246
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Run better HOA board meetings: Tips and tools for association managers

Buildium

Compliance: Meetings help confirm that all actions and decisions align with the communitys governing documents and relevant legal requirements, thereby safeguarding the communitys interests. You should develop it in consultation with the board president and other key members.

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Trendspotter: How PropTech Helps PHAs in Unpredictable Funding Landscapes

MRI Software

PropTech tools made specifically for the industry, such as MRI PHA Pro , simplify compliance, reporting, and financial management, reducing the administrative workload for PHAs. Enhancing Tenant and Applicant Communication Tenant and applicant communication can be a major administrative burden.

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The FTC Lawsuit Against Invitation Homes: What It Means for Property Managers

BetterWho

Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed. Utilize Compliance Tools Invest in property management software that includes compliance features.