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HOA Candidate Qualifications: Not Everyone Can Run For Position

HOA Managememt

Vendor or contractor relationship: To avoid any conflict of interest, HOAs disqualify homeowners affiliated with vendors. Related Articles: What Is The Purpose Of An Interim HOA Board? Here are some of them: Delinquent assessments : Homeowners with outstanding dues or fines are deemed ineligible. This is the most common disqualifier.

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Why Investment Property Owners Should Consider a Home Warranty

American Apartment Owners Association

This article was provided by Mike Holmes Protection. A home warranty provider can streamline this process by connecting the owner with vetted contractors who handle the job efficiently. To find out more on home warranties Click Here Owning investment property can be both rewarding and challenging.

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What Are Leasehold Improvements in Rentals?

Bay Property Management Group

In this article, we’ll look at some common leasehold improvements, compare them with regular maintenance, discuss who typically pays for them, share a few tips, and more. These improvements are often considered capital assets and may require landlord approval, licensed contractors, and lease review before starting.

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HOA Summer Preparation Checklist: Getting Ready For Warmer Months

HOA Managememt

Service should include: Cleaning vents and ducts Replacing air filters Checking refrigerant levels Testing thermostat settings Inspecting for leaks or worn components For communities where individual homes manage their own HVAC systems, board members can still share seasonal reminders or contractor recommendations with residents.

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The Ultimate Guide To Creating A Reliable HOA Budget

HOA Managememt

Related Articles: How To Plan For Your HOA Budget HOA Budget Best Practices Every Board Member Should Know A Comprehensive Guide To HOA Loans The post The Ultimate Guide To Creating A Reliable HOA Budget appeared first on Hoa Management.com. Reserve Fund Contributions The reserve fund is your communitys safety net.

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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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How Much Should You Budget for a Rental Turnover in Columbus? (Especially If You Own an Older Home)

RL Property Management

In this article, you’ll get a simple rule for how much to save, what drives turnover costs (especially in older homes), and how to build a reserve strategy that protects your cash flow. Aging plumbing, outdated finishes, or code compliance issues can turn a simple turn into a financial setback. Many property owners underestimate this reality.