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5 HOA Terms Every Board Member Needs to Know

Mem Property Management

Governing Documents The declaration, bylaws, operating rules, articles of incorporation or other documents which govern the operation of the association. The governing documents , sometimes referred to as the CC&R’s (Conditions, Covenants, and Restrictions) is where the HOA and the board get their authority.

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5 residential property tech trends you must watch out for

MRI Software

Fraud prevention The shift towards digital solutions in property management has brought along its share of challenges, among which is the growing threat of fraudulent activities. PropTech has been one of the useful residential property tech trends for fraud prevention.

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How to prepare your multifamily property for storm season

MRI Software

Without knowing how to prepare your multifamily property for storm season, storms can disrupt operations, create safety hazards, and lead to financial setbacks. These impacts not only harm the physical property but also affect tenants’ well-being and confidence in property management.

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Is Stock or Real Estate Faster in Building Wealth?

SparkRental

You wont be dealing with physical properties and tenant calls at 1 AM about a leaking pipe. Instead, youll buy shares from companies you think will grow or pay you dividendspassive income streams like rental properties. On the other hand, investing in the stock market is a whole different animal.

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45 Questions to Ask Short Term Rental Management Companies

Renjoy

By inquiring about guest emergencies, you can get a better understanding of their emergency support availability, communication protocols, coordination with emergency services, guest support practices, property assessment and resolution procedures, as well as their approach to documentation and follow-up. Who cleans my property?

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Blockchain in Real Estate: Recent Developments and Empirical Applications

Beach Front Property Management

Real estate blockchain technology addresses these issues, delivering notable benefits: Real Estate Tokenization Converts physical properties into digital assets, enabling fractional ownership and broader investor participation. Digital identities stored on decentralized networks eliminate the need for repetitive document submissions.