The Hidden Cost of Deferred Maintenance
Deferred maintenance can feel like a short-term win by delaying immediate repair costs, but it can be a silent destroyer of property value, as damage can compound a once-small...
Are HOA or Homeowners Responsible For Repairs?
Regular, thorough maintenance of a condominium community is one benefit of living in a homeowners association (HOA) that many unit owners appreciate. In fact, many unit owners potentially chose...
Security Deposits: A Guide for Landlords and Tenants
A security deposit is often one of the first and most significant financial transactions in a rental agreement, serving as a layer of protection for property owners and a...
Attracting Tenants: Marketing Your Rental Property
Ideally, property managers and landlords aim to retain quality tenants for the long term by offering competitive rental rates, providing effective communication and conducting credit and background checks. When...
Clearing the Air: Property Management Strategies for Vaping and Smoking in Rental Communities
If we look at modern American cultural trends, there’s a fascinating contradiction at play: we’ve successfully moved away from the era of cigarettes only to see nicotine addiction return...
Parking Issues in an HOA
What’s one real hot-button issue in homeowners associations? Remarkably, a truly contentious topic tends to be the application of the rules and regulations dealing with parking and parking spaces...
Resale Ready: Key Strategies for Maximizing Your Rental Property’s Value
While owning a rental property or a rental community can be rewarding, it also entails significant risk and responsibility. This is rarely true when considering strategies to maximize your...
Crisis Control: A Guide to Handling Rental Property Maintenance Emergencies
Fires, floods, gas leaks, and power outages are emergency situations that don’t adhere to a schedule. They can strike at any hour, day or night, often when you least...
Renting with Pets: What To Know
Americans love their pets! The 2023-24 American Pet Products Association (APPA) National Pet Owners Survey reports that over 65 million American households have at least one dog, and over...
The Hidden Dangers (& Costs) of DIY Property Management
Thinking of self-managing your rental property to save money and become your own boss? It can be tempting to manage your investment properties on your own, especially if you...