Mon.Sep 30, 2024

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The Effect Of A HOA Reserve Deficit On Homeowners

HOA Managememt

An HOA reserve deficit harms both the association and the homeowners who comprise it. Unfortunately, far too many HOAs have underfunded reserves or, worse yet, no reserves at all. While it may not seem like it initially, the ramifications of a reserve deficit can have a long-lasting negative impact. What is a Reserve Deficit? Homeowners associations are responsible for budgeting, accounting, and financial management.

Finance 246
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Top 5 Weather Proofing Hacks for Winter

American Apartment Owners Association

As winter approaches, ensuring your rental properties are prepared for the cold months ahead is essential for both tenant comfort and property preservation. Proper weatherproofing can prevent costly repairs and maintain tenant satisfaction. Here are the top five steps you can take to winterize your rental properties effectively. Insulate and Seal Why It Matters: Proper insulation and sealing prevent heat loss, making your properties more energy-efficient and comfortable for tenants.

Tenant 138
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Choosing The Right Manager For Your Airbnb Property

AirKeeper

Managing a short-term rental property can be an exciting way to boost rental income, but it comes with its share of challenges. For many property owners, balancing all the work involved, including guest communication, property maintenance, marketing, and pricing strategies is overwhelming. This is where professional management services can help, offering their expertise to reduce your workload and maximise rental revenue.

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Defining Squatters’ Rights vs Tenants’ Rights: Key Differences and Legal Protections

American Apartment Owners Association

Ever wondered about the difference between squatters and tenants? The complex world of property rights can make you question the legal status of these two occupants. These are two individuals who reside on a property, but their legal standings differ hugely. Therefore, the article will shed some light on what rights each group has, how they’re protected by the law, and what happens when everything goes wrong.

Tenant 130
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Choosing The Right Manager For Your Airbnb Property

AirKeeper

Managing a short-term rental property can be an exciting way to boost rental income, but it comes with its share of challenges. For many property owners, balancing all the work involved, including guest communication, property maintenance, marketing, and pricing strategies is overwhelming. This is where professional management services can help, offering their expertise to reduce your workload and maximise rental revenue.

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Is your Society Management App Distraction Free?

ADDA

Only Zero ads/Zero spam Community & Visitor Apps (like ADDA.io), can be effective in ensuring residents’ security and providing convenience in Community Living. Let’s understand why: Every App has a purpose. The purpose of a Society App is to make sure: Residents receive timely community updates, They can easily reach out to neighbors and the community management team, when in need.

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13 Real Estate Hot Spots You Won’t Want to Miss Next Year

BiggerPockets

Some cities across the United States are emerging as economic powerhouses, creating ideal conditions for real estate investors. Here's where to look.

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The 9 Best Property Management Podcasts

Second Nature

As incredibly busy single-family and multifamily property managers, staying informed on the latest industry trends and resources on top of your ever-increasing list of to-dos can feel near impossible. But thankfully, there is now a wealth of excellent industry podcasts to do the hard work of staying up to date. All you have to do is tune in.

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A Better Retirement After Buying Just ONE Rental (and Never FOMO-ing)

BiggerPockets

Mike Baum owns just one rental property, but this one property alone has changed his life.

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The Retail Foot Traffic Battle: Harnessing the Power of Omnichannel Strategies

Colliers

Over the last year, nearly every retail segment experienced an upward swing in visitations. Shoppers returned to stores in force with mall foot traffic experiencing a boost, right along with downtown shopping corridors, driven by seasonal sales.

Retail 52
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Snowballing $20K Into 11 Rental Properties in Under 4 Years

BiggerPockets

Snowballing a $20,000 investment into eleven rental properties…in under four years?!

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CRE: Industries Revealed, Episode 5 | The Hidden Dynamics of Law Firm Real Estate

Colliers

In this episode of CRE: Industries Revealed, Anjee Solanki is joined by Colliers’ North American Law Firm Practice Group experts Dan Arends and Colin Scarlett as they explore the evolving real estate needs of law firms, diving into trends such as office downsizing, hybrid work strategies, and the impact of AI on legal services.

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Are Real Estate Syndications Dead?

BiggerPockets

Are real estate syndications dead? Some multifamily syndicators are making capital calls and hiding information from investors who anxiously wait (and pray) for their money to be returned.

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Roles and responsibilities of condo boards vs. property managers: Key differences

MRI Software

The world of multifamily property management can be challenging without understanding the responsibilities of a condo board vs property manager. With over 70% of U.S. households living in communities governed by condo associations, their efficiency directly impacts resident satisfaction and property value​. In this guide, we explore the specific condo property management responsibilities of both condo boards and property managers.

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Property Insurance Is Changing—Here’s What to Expect Next Year

BiggerPockets

Depending on the area of the country you’re investing in, property insurance costs can add many thousands to your annual costs—and in some areas of the country, these are rising rapidly.

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Celebrating International Podcast Day with Beyond Rent

Rent Manager

In celebration of International Podcast Day, we’re recapping a standout episode of our podcast, Beyond Rent, hosted by Joe Easton, Rent Manager’s Director of Partnerships and Industry Relations. This milestone 100th episode focuses on the past, present, and future of property management, providing a thorough understanding of where we’ve been and where we’re headed.

Rent 52
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Is Investing in Hotels a Better Move Than Scaling Short-Term Rentals?

BiggerPockets

In the face of short-term rental regulations, among other struggles, are hotels a better option?

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Are You and Your Rental Ready for a New Tenant?

American Apartment Owners Association

Whether you are a seasoned landlord or are about to rent a property for the first time, it is always necessary to prepare yourself and your rental for a new tenant. Its never as easy as putting up a sign and saying yes to the first person that shows an interest in living there. Preparing yourself for a new tenant Even if you are a veteran landlord, It may be quite a while since youve had to find a new tenant and laws have most likely changed, both for you and the renter.

Tenant 130
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Property Insurance Is Changing—Here’s What to Expect Next Year

BiggerPockets

Depending on the area of the country you’re investing in, property insurance costs can add many thousands to your annual costs—and in some areas of the country, these are rising rapidly.

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How Cost Segregation Transformed My Real Estate Investments with Unmatched Tax Savings

American Apartment Owners Association

Written by Jason Malabute , CPA When I first started as a CPA, I had heard about cost segregation, but it wasnt until I became a real estate investor and completed a cost segregation study on one of our own deals that I truly understood its power. While we hired a specialist to conduct the study, seeing the results firsthand opened my eyes to the incredible impact it had on our investment returns.