Condo Control

NOVEMBER 11, 2024

Motivated by the Surfside condo collapse, lawmakers don’t ever want to see another community in the same position as the Miami condominium ended up in. Condominium disclosure statements must include the current balance in reserves, and the most recent reserve study, states Section 81-409.

Condominium 130

Condominium Maintenance Government Management 130

HOA Managememt

OCTOBER 28, 2024

HOA Reserve Study Requirements by State A reserve study is an integral tool for any homeowners or condominium association. 3) An estimate of the cost of repair, replacement, restoration, or maintenance of the components identified in paragraph (1). (4) ” Colorado These are the Colorado HOA reserve study requirements. (b)

Government 162

Government Condominium Maintenance IT 162

Condo Control

NOVEMBER 7, 2024

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? 133 of the Strata Property Act.

Condominium 130

Condominium Government Insurance Landlord 130

Condo Control

MARCH 6, 2025

Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. Artificial Intelligence (AI) seems to be everywhere, and while the novelty will wear off, AI has real and lasting value. Regardless of the industry, AI has the potential to make things easier.

Condominium 130

Condominium Maintenance Management Property Management 130

Condo Control

DECEMBER 6, 2024

cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation. If you live in a condominium or homeowners association, does your community have a reserve study to help plan for repair and replacement of major components owned by the community? Just how much have fees increased?

Condominium 130

Condominium Government Management Maintenance 130

Bay Property Management Group

NOVEMBER 20, 2024

Condominiums – The ownership of a condominium is divided by each unit. Condos are often a good choice for investors seeking the stability and financial benefit of home ownership, but also the low maintenance and amenities of multifamily communities. and nearby cities), we know there are unique considerations for investors.

Single-Family Home 147

Single-Family Home Condominium Property Management Property Manager 147

Real Property Management Chicago

MAY 3, 2015

However, as you quickly discovered, researching city ordinances, advertising your rental, responding to maintenance requests, and making sure your tenants pay rent are way more time consuming tasks than you had imagined. Maintenance: Maintenance issues are inevitable for any rental property.

Property Management 130

Property Management Property Manager Management Property 130

Bay Property Management Group

DECEMBER 3, 2024

Every Landlord’s Guide to Managing Property by Michael Boyer Here, Boyer offers a window into tenant retention, basic property maintenance, finding good contractors, accounting, and other key tasks. Even better, he includes sample forms, like a maintenance log, for your reference. It includes reference templates.

Property Management 147

Property Management Property Manager Landlord Management 147

Bay Property Management Group

NOVEMBER 18, 2024

These HOAs are run by a board of directors and usually collect monthly or annual fees as a means to cover the costs of common areas, amenities, and general maintenance of the community. A condominium owner’s association (COA) is another one that is very similar to an HOA. And they come with letters. Sometimes it is an HOA.

Government 130

Government Regulation Single-Family Home Property Management 130

Mem Property Management

OCTOBER 19, 2024

What Do Senior’s Want in an Condominium? #1: They’re tired of the maintenance and upkeep that’s required, which is often a driver of downsizing to an community. 1: Accessibility Older Americans, Active Adults and 55+ are looking for homes that will be easy to navigate as they age. Today’s 55+ have owned their own homes before.

Condominium 45

Condominium Property Management Property Manager Management 45

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property 130

Property Insurance Rental Income Real Estate 130

American Apartment Owners Association

DECEMBER 9, 2024

Property Condition: Make sure the replacement property is in good condition or has manageable renovation needs to avoid high maintenance costs. Types of Properties Eligible for a 1031 Exchange While the term like-kind can sound limiting, it encompasses a broad range of investment properties. Final Thoughts: Is a 1031 Exchange Right for You?

Real Estate 130

Real Estate Regulation Condominium Attorney 130

Mem Property Management

OCTOBER 13, 2024

mem property management is privileged to serve some of the finest communities throughout New Jersey including many of the major developers and builders as well as communities as diverse as small ocean-front condominiums to large master-planned communities with several hundred homes to age-restricted retirement communities.

Condominium 70

Condominium Property Education Property Management 70

Rental Choice

APRIL 4, 2024

Similarly, you can charge higher rental rates if the apartment, condominium, or community has amenities like gyms, pools, on-site parking, or co-working spaces. An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. Factors to Consider: How Much Should I Charge for Rent?

Apartment 130

Apartment Rent Landlord Single-Family Home 130

Beach Front Property Management

OCTOBER 2, 2024

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. They may face functional issues, have outdated designs, or require maintenance and renovations. Start by setting clear investment goals and determining your budget.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

Florida Property Management

FEBRUARY 9, 2024

This leads to a decline in the overall quality of rental housing stock and can exacerbate issues such as poor maintenance and inadequate living conditions. Market Distortions: One of the fundamental flaws of rent control is its tendency to distort market dynamics.

Rent 52

Rent IT Regulation Rental Unit 52

Authority Property Management

JULY 26, 2024

Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. Maintenance and Upgrades With capped rental income, property owners might find it challenging to maintain and upgrade their properties. New constructions built after February 1, 1995.

Real Estate 64

Real Estate Single-Family Home Property Regulation 64

Florida Property Management

MARCH 30, 2023

Condominium units sometimes represent a problem because you need to abide by a strict set of rules that many times are not investor friendly and create problems with the optimal performance of your real estate investment. When we look at residential properties first we need to talk about the property type. In Major cities it is.

Condominium 52

Condominium Single-Family Home Commercial Property Property 52

Mem Property Management

AUGUST 5, 2024

A trademark registration is valid as long as the owner timely files all post registration maintenance documents.

Property Management 95

Property Management Property Manager Media Management 95

Florida Property Management

JUNE 27, 2024

Condominiums Condos can be a cost-effective entry point into real estate investing, often requiring lower initial capital compared to single-family homes. Townhomes Townhomes offer a blend of single-family homes and condominiums. Focus on kitchens, bathrooms, and curb appeal.

Real Estate 52

Real Estate Single-Family Home Rental Income Condominium 52

Nest DC

JUNE 22, 2023

After single-family row homes and townhouses, condominiums (condos) and cooperatives (co-ops) are two popular housing types in Washington, DC, for potential buyers. When you purchase a condominium, you are buying an individual unit within a larger building or complex. What does that mean? And, is it important? Is it co-ops or condos?

Rent 52

Rent Condominium Finance Regulation 52

Mem Property Management

FEBRUARY 5, 2025

mem property management corporation, a full-service condominium management firm headquartered inNew Jersey has proved the unparalleled effectiveness of its disaster readiness plan in the aftermath of Superstorm Sandy. For mem property management, NJ comes first. Laderman, President of mem property management company.

Property Manager 52

Property Manager Property Management Management Property 52

Florida Property Management

DECEMBER 16, 2023

Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. Regularly inspect these appliances for any leaks, and follow the manufacturer's maintenance recommendations.

Tenant 52

Tenant Lease Agreement Insurance Condominium 52

MRI Software

FEBRUARY 2, 2025

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. A condo, or condominium, is a privately owned unit within a larger multi-unit building. What are the ownership and maintenance responsibilities of a condo? is about $300.

Finance 52

Finance Commercial Property Single-Family Home Maintenance 52

Property Management Inc.

NOVEMBER 26, 2024

This is why we often stress the importance of regular maintenance because issues only grow more costly when they’re not caught and taken care of early on. ” This result is a reminder of how important preventative maintenance and comprehensive reserve studies are to an HOA’s success. That is communication.

Contractors 52

Contractors Engineering Maintenance Condominium 52

MRI Software

DECEMBER 9, 2024

Residential asset class Residential properties include familiar living spaces like single-family homes, condominiums, and townhouses. Single-family homes: Often lower maintenance and a popular choice for beginner investors looking for straightforward management.

Real Estate 52

Real Estate Retail Single-Family Home Manufacturing 52

MRI Software

DECEMBER 12, 2023

From ensuring satisfaction for multiple tenants to tracking payments to handling emergency maintenance issues, managing these types of properties requires effort and expertise. The types of properties managed within this sector include condominiums (condos), townhouses, and any other residential buildings with multiple rentable units.

Property Management 52

Property Management Property Manager Management Property Management Software 52

McKee Properties

FEBRUARY 10, 2025

Review Property Type Options Hillcrest offers diverse property types, including condominiums, single-family homes, and apartment complexes. Evaluate Property Conditions Pay close attention to maintenance needs when selecting a property. For property investors, Hillcrest in San Diego presents a vibrant and promising market.

Single-Family Home 52

Single-Family Home Property Real Estate Apartment 52

Mem Property Management

JULY 24, 2024

There is also the question of maintenance and who should pay for them. One option is to include the maintenance costs in the computation of HOA dues. The obvious alternative is to only charge the cost of maintenance to homeowners that use the charging station. These providers usually take care of maintenance issues and expenses.

Government 52

Government Maintenance Condominium Applications 52

MRI Software

DECEMBER 12, 2023

Condo A condominium, known as a condo, is a private residence within a larger complex or building where each unit is individually owned. Condos will also have an HOA that typically handles exterior repairs, landscaping, and upkeep of communal amenities, making maintenance convenient for homeowners. Who are multifamily homes best for?

Single-Family Home 52

Single-Family Home Property Property Management Software Property Management 52

Real Property Management DC Metro

AUGUST 11, 2023

You’re on the right track to depend on your rental income if it comfortably pays all of your bills, including your mortgage, property taxes, insurance, maintenance fees, and personal living expenses. You may maintain steady occupancy and maximize your rental income by combining single-family homes, apartments, and condominiums.

Rental Property 52

Rental Property Rental Income Property Real Estate 52

Property Management Inc.

NOVEMBER 26, 2024

Whether you're renting an apartment, condominium, or commercial space, effective communication with your property manager is essential for resolving issues and ensuring a positive rental experience. Dealing with a property manager who ignores your concerns or requests can be frustrating and challenging.

Property Manager 52

Property Manager Property Management Management Property 52

Real Property Management Choice

MAY 23, 2024

Unless: You’re renting out a single-family home or a condominium and you are not part of a corporation or a REIT. This touches some key parts of your rental experience, including how much you charge in rent and how you remove tenants from your property. The law also touches on eviction. are not subject to rent control. Time will tell.

Lease 52

Lease Landlord Single-Family Home Rent 52

Mem Property Management

SEPTEMBER 4, 2024

Condominium and townhome owners will need to have a personal lines policy (HO-4, HO-5, HO-6, etc.) The board of directors of a community association has a fiduciary responsibility to act in the best interests of the association. This is a fancy sounding term that applies to the board of directors of a community association.

Government 52

Government Insurance Condominium Physical Property 52

MRI Software

APRIL 1, 2025

Condos have become a popular choice for buyers seeking affordable and low-maintenance homeownership, and this trend has sparked interest among multifamily property owners. Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment.

IT 52

IT Property Single-Family Home Condominium 52

Condo Control

FEBRUARY 13, 2025

Administrative tasks, such as maintenance requests or payments, can be streamlined and automated when they are brought online. There are hosting fees and maintenance fees to consider in addition to the initial cost of the site Has the board spoken with an attorney about the website and what information should be gated?

Government 162

Government Management IT Condominium 162