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

Condo Control

Owners living in California can elect directors and amend governing documents using electronic secret ballots as of January 1, 2025. HOAs were not specifically mentioned in HB 1237, but Senate Bill 398 did state that “each association shall designate on its website” certain documents. The policy must be posted on the POA’s website.

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What is residential property management? Roles and responsibilities explained

MRI Software

Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming. What is residential property management?

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Scaling Up: Transitioning from Single-Family to Multi-Family Rentals

Real Property Management Chicago

Choose a Property Type Perhaps the first thing to understand about multi-family rental houses is that there are two main categories. Residential properties are multifamily structures with four or fewer units, while properties with more than four units are typically commercial properties.

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What A Difference Affordable Housing Software Can Make

Yardi Breeze

During the 1980s, Great Western Management (GWM) developed 15 residential properties with subsidies from the United States Department of Agriculture (USDA) under its Section 515 Rural Development (RD) program. Not just for affordable housing Most of GWM’s business is centered on commercial property management.

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You Ask, We Answer: Top Property Management Software FAQs

Yardi Breeze

How should I set up this property? For a mixed-use property, it is possible to set up the commercial units as a commercial property and the residential units as a residential property. Billing will update automatically. What happens if you have multiple lease holders to send to?

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Ready to Scale Up from Single-Family to Multi-Family Rentals?

Real Property Management California Coast

Choose a Property Type Arguably the first thing to know in regards to multi-family rental properties is the two basic classifications. Multi-family buildings with four or fewer units are presented as residential properties, while a property with more than four units is generally identified as commercial.

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Ready to Scale Up from Single-Family to Multi-Family Rentals?

Real Property Management DC Metro

Choose a Property Type Doubtless, the first thing to truly understand with regards to multi-family rental properties is the two crucial classifications. Multi-family buildings with four or fewer units are identified as residential properties, while a property with more than four units is mostly known as commercial.