Remove 2023 Remove Maintenance Remove Regulation
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A new phase in property management companies’ portfolio growth? [The Lookout]

Buildium

50% of companies now expect to expand their portfolios on this smaller scalethats up from 44% in 2023. In 2023, we started to see a significant disparity in property managers growth plans versus those of their owner clients. But this year, weve seen an increase in the number of companies who plan to grow by less than 25%.

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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

The professional will review maintenance records and interview directors, employees and agents of the corporation, and deliver a reserve fund projection that spans at least 30 years. Effective November 1, 2023, strata corporations and sections are now required to contribute a minimum of 10% of annual operating funds to their CRFs each year.

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The 5 best rental markets in Florida for investors & property managers in 2025

Buildium

Already the nations third-most-populous state, the Census Bureau estimates that Florida experienced a net gain of more than 1 million residents between 2020 and 2023.

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Should You Convert Your Primary Home Into a Rental Property?

Authority Property Management

Generate Passive Income and Build Long-Term Wealth Renting out your home can create a steady stream of passive income, which can help cover the mortgage, property taxes, insurance, and maintenance costs. Repairs and Maintenance Everything from fixing a leaky roof to repainting the walls can be deducted. mortgage interest rate.

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Meet the Experts: AAOA Rental Housing Conference 2024 Speaker Lineup

American Apartment Owners Association

Davids ability to simplify complex regulations makes him an invaluable resource for property owners facing SB 721 and SB 326 compliance. This panel will break down the latest legal shifts and offer strategies for surviving and thriving in a more regulated environment.

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Reserve study requirements by state

Condo Control

Many states have or are considering enforcing laws that regulate reserves. According to SB 4-D , in addition to annual operating expenses, the budget must include reserve accounts for capital expenditures and deferred maintenance. Reserve funds and studies have become a hot topic among condo and HOA communities.

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Residential Housing Market Update for Washington, DC 2023

Nest DC

Home prices, interest rates, and rental rates have steadily increased, and 2023 has seen a halt in movement because folks are giving careful consideration to the costs of moving versus staying in place. still remains a challenging environment for many prospective tenants in 2023, as high demand and limited affordable options persist.