As a residential landlord, it's important to regularly invest in renovations. The right renovations can entice tenants to rent and increase the value of the rental. However, if too much money is spent during renovations, you may end up losing money... (Read More)
The safety and well being of community members should be of utmost importance to your HOA. Associations should act to the fullest extent possible to adhere to all procedures and policies that keep communities safe.
Ultimately, the safety and... (Read More)
Do you shower in the morning or at night? Do you enjoy midnight movies or early-morning breakfasts? Do you prefer 70-degree nights or something cooler?
Those are great questions to ask your traveling companions before spending your first night in... (Read More)
While you may be a landlord because you're motivated by the income opportunity, you can't approach the tenant relationship as such. The relational aspect of renting a property can't be overstated. You need to treat it as more than a business... (Read More)
Showing tenant appreciation isn't just good for the tenants, it's also good for the landlord. By letting tenants know how grateful you are for them, it can improve their satisfaction and your retention rates. And, we know better retention rates are... (Read More)
Websites come in many forms. Some are pretty basic, while others house pages upon pages of valuable information. Having a great HOA website can be a real asset for your board and the community.
It's not uncommon for board members to become... (Read More)
Decisions, decisions! Today, it seems there are endless options when it comes to buying goods and acquiring services. Financial institutions are no exception. There are big international banks with a presence across the country. Regional banks are... (Read More)
It's an unfortunate reality, but in many HOAs, a handful of people carry the load for the rest of the board. Those high-achievers can get burned out. (Who doesn't from time to time, right?)
What can you do to prevent burnout in the first place... (Read More)
You may have heard that you should treat your residential rental like you would a business. This makes sense because it is a business. You're earning money by providing something. It may look different from a typical business that sells a service or... (Read More)
Searching for the right tenant is a process. You need to start the search with an excellent and accurate listing. It should have clear, high-quality imagery. It should include the amenities and specifics of the property. The right rental price... (Read More)