Remove Commercial Property Remove Condominium Remove Finance
article thumbnail

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. Milestone inspections must continue every 10 years thereafter.

article thumbnail

What’s the Difference Between an HOA vs. COA vs. POA?

Bay Property Management Group

The primary purpose of POAs is to make sure that the overall maintenance of common areas is intact, as well as shared amenities These associations often charge property owners reoccurring fees, known as assessments, which have similarities to HOA fees but are not the exact same thing. What is a COA? However, they aren’t 100% the same!

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Advantages of Investing in Real Estate: A Comprehensive Guide

Florida Property Management

Appreciation Potential: SFRs often appreciate faster than multi-family properties due to their desirability and limited supply. Ease of Financing: Mortgages for single-family homes are easier to obtain compared to multi-family or commercial properties.

article thumbnail

Asset classes in real estate: How to maximize your investment potential and diversification

MRI Software

Understanding residential, commercial, industrial, and mixed-use options helps you align your portfolio with opportunities that match your goals. Residential asset class Residential properties include familiar living spaces like single-family homes, condominiums, and townhouses.

article thumbnail

Boca Raton Real Estate Investing (Ultimate Guide)

Florida Property Management

Boca Raton boasts a diverse real estate market, catering to various investment preferences with options ranging from single-family homes to luxury condominiums and commercial properties. Boasting a population exceeding 98,000, Boca Raton ensures a superior quality of life, top-notch schools, and a diverse array of amenities.