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Property management accounting essentials: 6 must-have software features

Buildium

2: General Ledger Accounting Track your company financials with the same accuracy and efficiency that governs all other parts of your business. Bonus points if the accounting software you choose lets you accept rental applications and application fees online. #5: You can solve major headaches with this featuredont overlook it!

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HOA Meeting Minutes Mistakes: Bad Practices To Avoid

HOA Managememt

Here’s a bad example: “Board Member A said, ‘I dont trust that contractor,’ and Board Member B responded, ‘Thats ridiculous.’ ” Here’s the correct approach: “The board discussed concerns about the contractors performance and considered alternative options.”

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Average Rent In Northern Virginia: Costs & Fees Explained

Bay Property Management Group

So, many people in cities like Arlington, Fairfax, and Alexandria work for federal agencies or government contractors. Then, around October , government agencies and contractors often start new projects since the federal fiscal year begins. Economic Conditions As you can imagine, the Washington, D.C.

Rent 130
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Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners.

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Bill 30 could make condo living easier in Alberta

Condo Control

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.

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5 ways for high rise condominiums to save money in 2025

Condo Control

For example, residents can sign into their accounts using a mobile app in order to access governing documents to check a rule, or submit a request to book the party room. Condominium corporations participate in a formal tendering process to acquire goods or services from third-party suppliers or contractors.

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Reducing Vacancy Rates in California: Proven Strategies

Real Property Management Choice

Overpricing may deter responsible applicants who could otherwise have been a perfect fit for your property. You dont have to spend time marketing to new tenants or screening new applications. You can put together a great list of vendors and contractors for when maintenance is needed. Leverage accurate data and analytics.