American Apartment Owners Association

FEBRUARY 13, 2025

The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. Californias balcony inspection laws, SB721 and SB326 , are reshaping how property owners and HOAs approach building safety.

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Bay Property Management Group

DECEMBER 3, 2024

If you’re looking for the best property management books around, we’re here to help. Our professional property managers have chosen our personal favorites for your viewing pleasure. Read below for some great recommendations on managing rental properties. Landlord’s Legal Kit for Dummies (2 nd Edition) by Robert S.

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Real Property Management Chicago

MAY 3, 2015

6 reasons to hire a Chicago property manager You’ve decided to diversify your investment portfolio by purchasing a two flat in Irving Park, a couple of condos in Naperville, or a vacation home on the North Shore. A knowledgeable property manager can help you set the right price for the area.

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Condo Control

JANUARY 20, 2025

But January can be a heavy month too, especially if you help manage a large condominium or HOA community. Table of contents Large communities benefit from having paid parking and storage What is the best way to manage paid parking and storage? How is a community assets management system better than what were doing now?

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Condo Control

JANUARY 28, 2025

Take paid condominium parking and storage as an example. Inventory management waitlists Once the maximum number of spots or spaces have been leased, condos and HOAs can create waitlists to address demand for these shared assets. Restriping If you manage an older community, the parking spaces might be larger than necessary.

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Condo Control

MARCH 24, 2025

Traditional guest pass management can be complicated and ineffective It is precisely because of scenarios like the one described above that drive condominiums and HOAs to implement guest pass systems for pool access. Traditional pool pass management is burdensome for staff, and an inconvenient experience for owners and guests.

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Management Condominium Compliance Electronics 130

HOA Managememt

MARCH 27, 2025

Here are some of the homeowners and condo association collection laws to take note of per state: Alabama In Alabama, community associations need to follow the Uniform Condominium Act (Alabama Code 35-8A-316) and the Homeowners Association Act (Alabama Code 35-20-12) for debt collection. Laws 34-36.1-3.116)

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Condo Control

DECEMBER 9, 2024

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.

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Condo Control

MARCH 19, 2025

Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website. Finally, 1 year after completing the 4-hour course, and each year thereafter, the director must complete at least 1 hour of continued education about recent changes to the condominium laws and rules during the past year.

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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. What if we need help with reserve management? Condominium disclosure statements must include the current balance in reserves, and the most recent reserve study, states Section 81-409.

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HOA Managememt

OCTOBER 28, 2024

HOA Reserve Study Requirements by State A reserve study is an integral tool for any homeowners or condominium association. The condominium disclosure statement must also include the most recent reserve study, as per Section 81-409. There are 13 states that require a reserve study or a reserve schedule for condo associations.

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Bay Property Management Group

NOVEMBER 20, 2024

When we are busy overseeing Northern Virginia property management of multifamily homes (including Richmond, Baltimore, D.C., Condominiums – The ownership of a condominium is divided by each unit. The post All About Multifamily Investing – The Ultimate Guide appeared first on Bay Property Management Group.

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Condo Control

MARCH 6, 2025

Condo management is no exception. Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. Below are some of the most common ways high-rise communities and condo management companies are currently implementing AI.

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Condo Control

DECEMBER 6, 2024

Table of contents The homeowner satisfaction survey Trends Overall satisfaction Community managers Board members Perks Drawbacks Reserve studies Assessments The homeowner satisfaction survey The data used in this article was collected from the Foundation for Community Association Researchs Homeowner Satisfaction Survey. Read on to find out.

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Condo Control

APRIL 2, 2025

Download our free email policy In order to ensure email correspondence remains productive and useful, condominiums and HOAs should have an email or electronic communications policy in place. The system is the perfect solution for condos and HOAs that are looking to engage the community without adding more work for busy boards and managers.

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Bay Property Management Group

DECEMBER 19, 2024

At Bay Property Management Group, we are Baltimore property management professionals focused on customer service. We know that our success is due to our awesome team members and how they each contribute something special to our property management company. His favorite part of the job is making sure new residents feel welcome.

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Condo Control

NOVEMBER 12, 2024

Homeowners associations, condominium associations, and housing cooperatives are usually structured as state non-profit corporations and are therefore swept into the BOI reporting requirements. If board members ask a manager or attorney to file on their behalf, then they will need to pay those professionals for their time.

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Mem Property Management

OCTOBER 19, 2024

What Do Senior’s Want in an Condominium? #1: Homes with long driveways or multi-level entrances can be difficult for older adults to traverse, states Matthew Laderman, Vice President of mem property management To increase the appeal of your property for Active Adults Offer parking as close to the entrance as possible.

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Condo Control

JANUARY 13, 2025

Condo Control has been recognized as a Property Management Software Leader. 435 software companies were competing to earn a leader award in the property management category, and we were 1 of only 15 who were selected. On average, property management software companies get a score of 87% for ease of setup.

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Bay Property Management Group

NOVEMBER 18, 2024

When we take care of rental property management in Baltimore and other cities, we always strive to be transparent and upfront on what these are and how they interact with your daily living. Key Differences: HOA vs POA vs COA How Property Management Can Help What is an HOA? POA vs. COA… and how does it affect where you call home?

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Government Regulation Single-Family Home Property Management 130

Mem Property Management

JANUARY 12, 2025

Laderman President of mem property management. Buy Your Policy from an HOA Insurance Expert The first thing to understand is that your HOA Master Insurance Policy should be written by an agent that has expertise in HOA insurance, states mem property management.

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Insurance Broker Condominium Education 98

HOA Managememt

AUGUST 27, 2024

Integrating artificial intelligence into HOA management transforms administrative tasks, improves communication, and enhances security. Today, communities and managers use AI-driven tools for a wide range of tasks. It covers various aspects of association management.

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Mem Property Management

OCTOBER 13, 2024

mem property management has announced its support of the New Jersey chapter Community Associations Institute (CAI-NJ) Annual Conference & Expo. Some of the topics to be covered include: Social Media, How to be a Successful and Outstanding Manager and Changing Cultures Within Communities.

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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.

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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.

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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?

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HOA Managememt

JANUARY 14, 2025

Arizona According to the Arizona Statutes , HOA proxy voting is only allowed during the period of declarant control or when the developer or declarant is still managing the HOA. It does have stipulations for condominium association proxy voting , however. However, some laws are outlined for condominium associations.

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Government Electronics Attorney Single-Family Home 130

Property Management Inc.

NOVEMBER 26, 2024

Dealing with a property manager who ignores your concerns or requests can be frustrating and challenging. 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.

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Beach Front Property Management

OCTOBER 2, 2024

At Beach Front Property Management Inc , our goal is to stabilize your returns while reducing vacancy rates, especially while handling multifamily units. What are Multifamily Properties? Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums.

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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. Rental Cost Home or apartment rent prices should never be lower than the cost of maintaining and managing rental property. A property management company might help with that.

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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. This is where multifamily property management steps in. What is multifamily property management?

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Mem Property Management

AUGUST 5, 2024

mem property management , recently filed with the United States Patent and Trademark Office (USPTO) a Combined Declaration of Use and Incontestability Under Sections 8 and 15 to further strengthen the company’s intellectual property rights. “We

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Mem Property Management

JANUARY 6, 2025

DEALING WITH CONDO FROZEN PIPES Every season has its range of weather-specific concerns for property owners and condominium associations. PREVENTING FROZEN PIPES IN CONDOMINIUMS Frozen pipes happen when outside temperatures reach freezing and there is a lack of heat inside the property. Then, call your HOA manager for additional steps.

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IT Condominium Insurance Government 52

Mashvisor

JUNE 15, 2022

Though condominiums may seem quite similar to traditional houses, there are actually plenty of differences to be aware of. So, what is a condo? Table of Contents What Is a…

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Authority Property Management

JULY 26, 2024

While it is marketed as a measure to provide relief for renters, it poses serious concerns for property owners, managers, and landlords. In this blog post, we will delve into the details of Proposition 33 , how it could affect the real estate market, and why those involved in property management should consider voting no.

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Real Estate Single-Family Home Property Regulation 64

Florida Property Management

JUNE 27, 2024

Multi-family properties can provide higher rental income due to multiple units but also come with higher management demands and potentially higher vacancy risks. Condominiums Condos can be a cost-effective entry point into real estate investing, often requiring lower initial capital compared to single-family homes.

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Real Estate Single-Family Home Rental Income Condominium 52

HOA Managememt

DECEMBER 31, 2024

Enacted in 1985, this law applies to all forms of common interest developments (CIDs), including condominiums, planned developments, and cooperatives. An HOA management company can help with that. The Davis Stirling Common Interest Development Act is the primary legal framework governing HOAs in California.

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