One of the biggest benefits of hiring a property management company is that you can lean on them to handle day-to-day rental operations. This allows you, the property owner, to focus efforts on boosting profits, instead of handling the minutiae or... (Read More)
So, you've been asked to join your HOA board. Congrats! You may feel like this is unfamiliar territory. That's understandable, but you'll feel more ease with experience under your belt. But right now your job is to observe and absorb information... (Read More)
There's a popular quote that says "don't give up what you want most, for what you want now." This is important to remember when making any decision. Many of us are quick to act. We live in a society that expects things now. Of course, there are... (Read More)
Let's take a minute to talk about tenants. We know that finding the right tenants is good for business. As a commercial landlord, you're aware that locating those perfect-fit tenants is easier said than done. But, we hope you know it's not... (Read More)
When you approach a commercial building, such as an office or a strip mall, what are your initial thoughts? Do you scan the exterior at all? Do you notice if they have nice landscaping or if they have an overgrowth of weeds? What about the paint? Do... (Read More)
Do you have any vacant properties in your community? Check your governing documents to determine your rights as an HOA. Some governing documents allow associations to perform maintenance if the owners fall short. If the governance doesn't outright... (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)
What did it feel like when you were elected to your association's board? What were your goals? Why did you agree to serve? Does the reality of the responsibility align with your vision of the work?
Board members may be able to leverage their... (Read More)
Being a landlord is no small undertaking. Many critical tasks come along with the job. Some landlords, especially those who are new to the role, may not realize the breadth and depth of the work. And oversights can lead to serious legal issues in... (Read More)
As a landlord, you know the job description is never the same. It's unlike a 9 to 5, where you clock in and clock out. It's a responsibility that changes day by day. Some days, things go well and you may not have to do much. Other days, you feel... (Read More)