Real estate investors are often focused on their bottom line when shopping for potentially lucrative properties, especially when it comes to apartment complexes, deed restricted communities, and the like; however, many investors fail to appreciate the value of the property managers that help make these neighborhoods attractive to prospective buyers and renters. As Tampa homeowners … Continue reading “3 Things Real Estate Investors Need to Know About Property Managers”
READ MORE3 Signs That You Need a New Management Company for Your Neighborhood
Condominium associations hire property management companies for convenience and peace of mind. A management company that declines over time and doesn’t meet expectations can sabotage the quality of life in your neighborhood. When a management company is disappointing you, it’s time for them to go. In this article, we’ll be looking at three warning signs … Continue reading “3 Signs That You Need a New Management Company for Your Neighborhood”
READ MOREHow to Welcome a New Resident to the Community
Being a new condominium resident can be challenging as the tenant is inexperienced with their surroundings while everyone else is familiar with the rules and each other. The prospect of integrating into such a close-knit community can be intimidating, and they may feel the urge to close themselves off from their new neighbors. Here are … Continue reading “How to Welcome a New Resident to the Community”
READ MOREDealing with Pests in an HOA Community
Pests can easily spread from home to home, especially in a humid Florida climate. That’s why it’s important to know what to do when your homeowners’ community is faced with an infestation of termites, roaches, ants, or any other manner of vermin. Here is how a homeowners association (HOA) should approach the elimination of pests … Continue reading “Dealing with Pests in an HOA Community”
READ MOREWhy Keeping Residents Happy is Essential
Living in a condominium community is supposed to help lessen the amount of stress one would normally face when dealing with a standalone home. For example, when homeowners have an issue with their home, they must call a professional to provide an estimate and pay out of pocket for any necessary repairs. On the other … Continue reading “Why Keeping Residents Happy is Essential”
READ MOREThe Difference Between HOA Operating and Reserve Funds
Many decisions a homeowners’ association (HOA) have to make hinge on their financial state. HOAs typically operate within two kinds of budgets: operating funds and reserve funds. Budgeting and arranging finances are some of the most important duties an HOA board can have and can be the difference between a successful community and an unsuccessful … Continue reading “The Difference Between HOA Operating and Reserve Funds”
READ MOREShould Your Condo Association Hire a Structural Engineer?
Saving money in the short term can seem like the best answer to keeping your condo association fees lower. However, completing regular maintenance will prevent condo owners’ fees from going up unnecessarily. To get the best life expectancy possible out of your buildings, hire a structural engineer to inspect the property once about every five … Continue reading “Should Your Condo Association Hire a Structural Engineer?”
READ MOREWhat Services Does a Tampa HOA Property Management Company Offer?
If your HOA is considering hiring an HOA property management company, you may be interested in finding out what services they offer. While the services vary from company to company, the best HOA property management companies offer extensive services that can be tailored to take pressure off the board of directors. If you’re looking for … Continue reading “What Services Does a Tampa HOA Property Management Company Offer?”
READ MOREQualities of a Dependable Property Management Contract
Hiring a new property manager to work in conjunction with your homeowners’ association (HOA) to oversee your neighborhood and elevate the experience of living there requires a dependable contract that accounts for a variety of important factors and considerations. Property managers need to understand the scope of their responsibilities and obligations to your neighborhood, and … Continue reading “Qualities of a Dependable Property Management Contract”
READ MOREConflict Resolution Tips for Your HOA
Conflicts are a common occurrence in neighborhoods of all sizes, but butting heads tend to reach a boiling point particularly fast in condominiums where tenants living in close quarters invade each other’s “personal bubbles” more frequently. Your neighborhood’s HOA is often confronted with these issues, but without understanding some important fundamentals of conflict resolution, a … Continue reading “Conflict Resolution Tips for Your HOA”
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