Mon.Oct 21, 2024

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Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. And if you’re new to the job, you might be wondering exactly what that looks like on a day-to-day basis. How do you ensure the budget stays on track? What steps should you take to maintain financial health for the long haul? In this guide, we give you the full HOA finances picture.

Finance 245
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Preparing Your Home for the Winter

Mem Property Management

This year the annual cold snap took its toll and stranded many in the north east, Chicago, mid-west and elsewhere with huge snow storms, record below zero temperatures and much more. If you live in an area where the winters are cold and unforgiving, there are a few steps you can take to stay warm and safe in your home. The Center for Disease Control (CDC) offers emergency preparedness advice and recommends that the first step to keeping your family warm and safe during the winter is to listen to

IT 94
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Proposition 33 Ignites Fierce Debate Over California Rent Control Laws

BiggerPockets

Proposition 33—a measure on this year’s California election ballot that would increase rent control laws by limiting the amount landlords can charge for rent, regardless of an apartment’s rental history, […]

Rent 92
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Handling Partial Payments: Should You Accept Less Than Full Rent?

RL Property Management

Rent collection is a crucial part of managing rental properties, but landlords may sometimes face situations where tenants cannot pay the full rent on time. This raises the question: should partial rent payments be accepted? While it can seem like a reasonable compromise, especially during tenant hardships, accepting less than full rent can lead to complications, such as financial strain or setting a bad precedent.

Rent 52
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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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5 Year-Round Markets Where Short-Term Investors Can Rake In Cash

BiggerPockets

I’m from a city where you sweat just by stepping outside for a couple of seconds (Houston, Texas).

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Kitsilano 2 Bed + Flex 2 Bath Condo w/ Balcony & Fireplace @ TROPEZ

Sunstar Realty

Address: #309- 2263 Redbud Lane, Vancouver Already Rented - long term unfurnished Bedrooms: 2 + flex Bathrooms: 2 Finished area: 976sf Fireplaces: 1; natural gas Flooring: hardwood, tiles mixed Outdoor: 1 balcony Parking: 2 underground stalls Locker: 1 Deposits: half a month security deposit + fob deposits. Lease term: minimum one year lease. Move-in/out fees: as per strata bylaws.

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Indianapolis Property Management Update: Rental Statistics Q3 2024

T&H Realty

Quarter 3 brought some welcome news to the Indianapolis rental market. The standout statistic? There are a few, so let’s dig into things… Days on Market (DOM) for rental properties in Indianapolis dropped to an average of 35 days. This is the lowest DOM we have seen since Q4 of 2022, and a significant turn in the market at large. For landlords, this is excellent news.

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Making 6 Figures Investing After Quitting His $40K/Year Job for Real Estate

BiggerPockets

What if you could not only replace but make MUCH more than your W2 salary with real estate investing? Now, imagine you could do it all in just two years.

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Moving 1,500 Miles Away to Buy His First Rental with Just $25,000

BiggerPockets

Your first rental property is out there; it just may not be where you live. Austin Wolff came to this conclusion quickly.