Posts Tagged ‘property owners’
What is an HOA Fee?
Are you thinking to purchase a property and confused about an HOA and its fees?
Read MoreNew York’s Housing Crisis
Years have passed since public housing in New York City received adequate funding from the government to address the deteriorating structures, erratic heating systems, broken elevators, vermin, and other issues that have made it a symbol of neglect.
The nation’s oldest and largest public housing system is currently experiencing a problem that could get worse due to residents’ declining rent payments.
Read MoreThe Best Way To Boost Attendance At The Annual HOA Meeting
Getting homeowners to attend the HOA annual meeting is one of the most challenging tasks. A large majority of homeowners simply don’t seem bothered about association issues, which has a negative impact on attendance. However, you can take steps to increase your participation at HOA annual meetings, believe it or not. Why it’s important to…
Read MoreEmploying HOA Vendors? Here Are Some Legal Matters to Take into Account
The numerous daily chores necessary to run and maintain your community are overseen by your board of directors, but they are not the only ones who must be involved. Painters, plumbers, electricians, landscapers, repairmen for equipment maintenance or emergencies, exterminators, and other vendors will be expected to be hired by your property management company. Additionally,…
Read MoreAlteration Agreements For Co-Ops
Nobody enjoys it when a neighbor’s continuous remodeling project lasts for months on end, especially when the renovations may cause damage to your own home. The alteration agreement, fortunately, is a mechanism that most buildings have in place to address issues for Co-Ops. Beginning the ProcessWhen shareholders consider a large-scale renovation, they should be prepared…
Read MoreHow to Make Your Rental Property Smell Smoke-Free
As a landlord, you want to keep your home in peak condition. This way, it will draw in the best tenants possible. Future tenants will want to sign the lease right away due to your new appliances, lovely landscaping, and light windows. But what’s that odor all about? It can truly turn away prospective excellent…
Read MoreWhat to Charge for Rent in an Environment of High Inflation
When determining a reasonable market rental rate during a period of significant inflation, it’s critical to stick to the fundamentals. Look for comparable property prices in the area to establish a benchmark before deciding on the rent. Then, to vary from the base rent, take into account additional elements such as location, amenities provided, unit…
Read MoreHow to Switch HOA Management Companies
Do you encounter issues with your HOA management company? You might be unsure of what to do if the board has determined that your current management is ineffective. How to Change Your HOA Management Company: A GuideHaving an HOA management company on your team has a lot of advantages. What does an HOA’s management company do?…
Read MoreSix Budget-Friendly Rental Property Renovations
Rental renovations are a terrific method to draw in new tenants and raise the value of your home, which will allow you to charge higher rental rates and boost your income. There are various rental improvements you as a landlord may do, all for less than $1,000. Some low-cost remodeling suggestions include outside improvements like…
Read MoreAre You Setting Too Strict a Standard for Tenant Screening?
You must have objectives in mind as a landlord when looking for the ideal tenants for your rental property. How can you determine if your tenant screening standards are too stringent, though? Overly tight tenant criteria can make it difficult for you to fill openings or perhaps cause you to ignore qualified candidates. Your screening…
Read More