Sat.Sep 28, 2024 - Fri.Oct 04, 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.

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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.

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The FTC Lawsuit Against Invitation Homes: What It Means for Property Managers

BetterWho

As a property management business owner, the recent lawsuit between the Federal Trade Commission (FTC) and Invitation Homes has raised concerns across the industry. This isn’t just another regulatory issue; it sets new expectations for transparency, tenant relations, and operational fairness. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.

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ADDA Co-Founder & CEO, San Banerjee’s Podcast with Property Angel – How Other Society Apps in India are misusing data, ADDA’s growth story, and more.

ADDA

We’re excited to present ADDA Co-Founder & CEO, San Banerjee’s latest podcast collaboration with Property Angel , where she delves into a wide array of topics around society management. From the risks Managing Committees face to the ever-pressing issue of data security, this podcast covers it all. Here’s the trailer: The Podcast Trailer While you might not have time to watch the entire episode , we’ve compiled key highlights and snippets for you to check out.

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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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Common Tenant Rent Scams Landlords Need to Watch Out For

Genuine Property Management

While most tenants are honest and reliable, there are some who attempt to manipulate the rental process for their own gain. Tenants scamming landlords stem from a variety of motives, including financial difficulties, desperation, or simply an opportunistic desire to exploit loopholes in the system. In some cases, tenants may be facing personal hardships that […] The post Common Tenant Rent Scams Landlords Need to Watch Out For appeared first on Welcome to Genuine Property Management.

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How Much Home Can I Afford as a First-time Home Buyer?

American Apartment Owners Association

Before asking about the size of the bedroom closets or how much storage is in the garage, one of the most important questions to ask as a first time home buyer is the cost of the monthly mortgage payment. While not the most exciting consideration in the home-buying journey, you dont want to experience that sinking feeling of buyer’s remorse after the thrill of settling in has worn off and it’s time to start making payments.

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Advanced Facility Booking Options with ADDA: A Game-Changer for Facility Management

ADDA

In most residential communities, Common Amenities or Facilities play a vital role in enhancing the living experience. However, managing these Facilities, especially during peak demand, can be challenging. As a part of the Community Management Team (Management Committee / HOA / RWA, etc.), it’s crucial to have tools that ensure fair and efficient booking processes for all residents.

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How a Month-to-Month Lease Agreement Works in Norfolk, VA

Osprey Property Management

Originally published September 2021. Updated October 1, 2024. Rental property owners in Norfolk, VA, know it's important to understand how month-to-month lease agreements work. Unlike a long-term lease, a month-to-month agreement is automatically renewed unless either the tenant or landlord provides notice of non-renewal. Many property investors incorporate a monthly option into their leasing process, but how does this work when thinking about your long-term real estate investment goals and navi

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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.

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Everything you Need to Know About Investing In Multi-family Real Estate

Beach Front Property Management

Investing in multifamily properties is an excellent way to grow your portfolio and generate steady passive income. By focusing on a few simple steps, the process becomes much more approachable for first-time investors. Start by setting clear investment goals and determining your budget. Research potential locations and secure financing options. After finding the right property, conduct a thorough inspection and review its financials to ensure it meets your criteria.

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ADDA Community Times – September Edition

ADDA

Let’s dive into this edition of ADDA Community Times! Breaking News: Residents move away from data-hungry management apps!! Times Property Reports: “ Many Community Apps are misusing this space, spamming residents, using residents’ personal information without their explicit consent for selling products like insurance”. Read More at: [link] From Times Property – “ Many Community Apps are misusing this space, spamming residents, using residents’ personal information without their explicit c

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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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How to Resolve a Dispute Between Tenants Peacefully

Genuine Property Management

Sometimes, even the best-laid plans often go awry. If you are a landlord who has taken every precaution when finding tenants for your building, it can be disheartening when things go wrong. You might have done the most thorough background checks and interviewed every tenant before renting to them, but even these processes cannot prevent […] The post How to Resolve a Dispute Between Tenants Peacefully appeared first on Welcome to Genuine Property Management.

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Meet the Experts: AAOA Rental Housing Conference 2024 Speaker Lineup

American Apartment Owners Association

The AAOA Rental Housing Conference is just days away on October 16 , offering a powerhouse lineup of expert speakers ready to share vital knowledge for property owners and managers. These professionals bring real-world experience and innovative solutions to the challenges landlords face, from tax-saving strategies to managing emotional support animal (ESA) requests and tackling the insurance crisis.

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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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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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How Do You Get Reimbursed If An Airbnb Guest Damages Your Property?

Our Little Lifestyle: Airbnb

It’s the moment we all dread as Airbnb hosts—when an Airbnb guest damages your property or steals from you. But it will inevitably happen! So, today, I want to discuss how you get reimbursed when a guest damages your Airbnb and offer a few tips to avoid that happening in the future. In this Airbnb hosting blog post, I will run through a couple of different scenarios and share how I would approach each one!

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How to get your Airbnb ready for the holiday season

GuestReady

Before you start putting up the tinsel and Christmas decorations, have a think about ways to increase your occupancy and ensure your Airbnb is the top choice.

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How You Can Legally Minimize Rental Property Taxes as Much as Possible

BiggerPockets

As a landlord, you probably already know that taxes are unavoidable, but that doesn’t mean you can’t minimize them and keep more of your hard-earned cash.

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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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The 15 Best Places to Buy a Condo for Investment in the US

Mashvisor

No one can deny that investing in real estate is a great way to make money.

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Tip of the Week: Document Property Condition Before Tenants Move In

California Leasing & Management

As a landlord or property owner, ensuring the protection of your rental property is one of your top priorities. One of the best ways to protect your investment is by thoroughly documenting the condition of your property before tenants move in. At California Leasing Property Management, we strongly recommend taking detailed photos and notes as part of your move-in process to avoid any disputes and safeguard your property.

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5 Steps to Starting a Short-Term Rental Business

BiggerPockets

So, you’ve decided to dive into the world of short-term rentals—whether it’s Airbnb, VRBO, or whatever acronym you want to use. Congratulations!

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Is Renting Smarter Than Buying Your Home?

Real Property Management California Coast

Now is the ideal time to own rental properties! This is simply because now more than ever, many people are making up their minds to rent over buying a home, generally because it better fits their personal or financial situation. To benefit from the number of renters in the market right now, it’s really important to determine why so many people find it wiser to rent instead of buy.

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How Do You Get Reimbursed If An Airbnb Guest Damages Your Property?

Our Little Lifestyle: Airbnb

It’s the moment we all dread as Airbnb hostswhen an Airbnb guest damages your property or steals from you. But it will inevitably happen! So, today, I want to discuss how you get reimbursed when a guest damages your Airbnb and offer a few tips to avoid that happening in the future. In this Airbnb hosting blog post, I will run through a couple of different scenarios and share how I would approach each one!

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Addressing Healthcare’s Real Estate Challenges:  Insights from Providers

Colliers

The healthcare industry faces significant challenges, from talent shortages to the growing impact of inflation on operational costs. During the recent Colliers National Healthcare Conference (NHC), a panel of providers delved into these pressing issues and explored strategies for healthcare organizations to adapt.

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What Kind of Insurance Do You Need for Short-Term Rentals?

BiggerPockets

You have finally decided to enter the short-term rental (STR) market, and your biggest concern is a call from the local fire department stating that your house is ablaze or […]

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What does smart stand for in technology?

MRI Software

In today’s rapidly evolving digital landscape, smart technology has become a buzzword that property managers frequently encounter. But what does smart actually stand for when applied to devices or systems? In this post, we delve into the essence of smart technology, examining its core principles, the benefits it offers and the ways it can streamline and automate tasks.

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The Benefits of Hiring a Local Property Manager in Gardena

Real Property Management Choice

Deciding to partner with a Gardena property manager to lease, manage, and maintain your rental property is a smart idea. Successful investors will tell you that professional management leads to higher returns and better investment experiences. You have a lot of options when it comes to choosing a property management team. We recommend you stay local.

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Quick Hits | August MSCI Update: A Summer Slump 

Colliers

Office Office may have found a bottom, at least in terms of volume. The asset class has now posted back-to-back months of stronger volume compared to one year ago. Total transactions remain low, but activity is increasing in the $100 million+ price category. User buyers were a theme in August.

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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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Buying Land for Airbnb

Thanks For Visiting

How We Bought 135 Acres To Use For Airbnbs Venturing into the world of short-term rentals is exciting, and buying land for Airbnb can be incredibly lucrative. However, it’s also a complex process, especially when partnering with others. We have recently navigated this terrain and would love to share some hard-earned wisdom. We recently purchased 135 acres with a small cabin, planning to turn it into a multi-unit short-term vacation rental.

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Should I Sell Or Rent My House?

California Pacific Realty

Deciding whether to sell or rent your home can be a complex choice influenced by various factors. Selling your home can provide a lump sum of cash, allowing for new investments or purchases, while renting can generate a consistent income stream and offer flexibility in future relocation. However, you must ensure your decision will lean towards your best interests.

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What Is Real Estate Crowdfunding?

Young Management

Real estate crowdfunding is a way for people to pool their money together. This allows them to invest in real estate projects. Traditionally, investing in real estate required significant capital, experience, and resources. But crowdfunding has made it more accessible to everyone, whether you’re a part-time or full-time landlord ! Whether it’s a residential development, commercial property, or rental building, people can now invest.

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Active vs. Passive Investing: Make Higher Returns With Less Headache?

BiggerPockets

Can you make the same returns as active real estate (if not more) with “passive” real estate investing?

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Community Counts: Your Key to Thriving in Colorado Springs’ Real Estate Landscape

Muldoon Associates

Colorado Springs is growing quickly, and while that’s good news for real estate investors who are renting out properties, it can create a sense of disconnect and solitude. Owning rental property can be both a smart investment and a deeply rewarding experience. There are rising rental values, appreciating home values, and a large pool of qualified tenants looking for desirable and well-maintained rental homes.