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Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. In this guide, we give you the full HOA finances picture. What are HOA Finances? Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity.

Finance 245
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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Conducting a detailed review of lease agreements and legal documents is also necessary to uncover any potentiallegal risksthat could impact the investment. When making leasing decisions, it’s essential to prioritize tenant screening as 80% of landlords believe it to be the most critical factor. Need Legal Help?

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New 2025 condo and HOA laws for U.S. states

Condo Control

If there are insufficient funds in the reserve to cover the cost of repairs, the bill authorizes an association to obtain competitive financing to commence repairs or replacements without a vote, and to levy an emergency assessment to repay the loan if certain conditions are met. These types of issues are not as costly for owners to litigate.

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Navigating the Landscape: Discover Multifamily Property for Sale with Expert Insights

American Apartment Owners Association

Financing Options Explore diverse financing avenues, including insights on how to buy a multifamily property with no money down, to kickstart your investment journey. Evaluate traditional financing methods, government-backed loans, and private lending options.

Property 130
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Dealing with Difficult Tenants: When and How to Enforce Eviction Procedures

Real Property Management Evertrust

Unclear Lease Terms Another rookie mistake is not having a solid, legally binding lease agreement that clearly outlines tenant expectations, rent payment dates, and consequences for non-compliance. Resolution Tip: Have a lawyer review your lease agreement to ensure it complies with state and local laws.

Tenant 130
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Making Money in Multifamily: Tips and Tricks for Smart Investors

American Apartment Owners Association

LEARN MORE Leveraging Technology In today’s digital age, technology can streamline property management make sure to hire a PM that uses Tech to your advantage: Property Management Software: Use software to keep track of finances, lease agreements, and maintenance requests efficiently.

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What are the different types of commercial leases

MRI Software

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence. What defines a commercial lease?

Lease 52