Thinking of Investing in Residential Real Estate? Tips for You

Posted on: 30 January 2017

If you are trying to come up with a new way to make money and to gain a sense of financial independence, then you may be considering investing in residential real estate. However, if you have never owned a property or several properties that you rent out or lease, you may not know what you should do to ensure your success in the residential real-estate game. Before you jump right in and start buying properties, get to know some of the facts that you should know about investing in residential real estate.
[Read More]

Have Your Property Manager Identify Any Potential Security Risks In And Around Your Building

Posted on: 27 January 2017

When you have a real estate investment that you've hired a residential property manager to oversee, you need to ensure that this professional's duties include maintaining a safe environment for your residents. While a larger real estate investment can frequently warrant on-site security personnel, this may not be practical or necessary if you own a smaller investment — for example, you have a six-unit condo building. Still, your property manager should keep safety and security in the forefront of his or her mind by taking the following important steps.
[Read More]

Community Association Managers And Pets: The Biggest Mistakes Made

Posted on: 27 January 2017

One of the most difficult tasks a community manager often has is in dealing not with residents but with their pets. A great deal of the complaints and issues that arise throughout a home or condo association has to do with the animals in these communities. And unfortunately, there are many mistakes that could be made that could end up to be either costly or simply a headache later on.
[Read More]

Four Powers That Your HOA Doesn't Have

Posted on: 27 January 2017

A Homeowner's Association can seem all-powerful -- especially when you've just purchased a home or moved into a neighborhood. But there are certain things that an HOA cannot do and you need to be aware of your rights. Many HOAs do not work directly with legal counsel for their day-to-day operations, so it will be up to you to enforce these rights. 1. HOAs Can't Discriminate Against Protected Classes HOAs cannot make rules or regulations that discriminate against protected classes.
[Read More]