Remove Article Remove Contractors Remove Maintenance
article thumbnail

Why Investment Property Owners Should Consider a Home Warranty

American Apartment Owners Association

This article was provided by Mike Holmes Protection. A flat-rate approach to service calls and coverage makes it easier to budget across the board, offering some insulation against the volatility that can accompany maintenance expenses. Amid these ongoing responsibilities, one tool that often gets overlooked is the home warranty.

article thumbnail

HOA Summer Preparation Checklist: Getting Ready For Warmer Months

HOA Managememt

HOA Summer Preparation: 11 Things to Do From maintenance works to managing financials and documents, here are 11 things that you need to include in your to-do list for the warmer months. For communities with common buildings or systems, proactive HVAC maintenance is a must.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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. Understand the issues: Educate yourself on budget concerns, maintenance plans, and community challenges. Related Articles: What Is The Purpose Of An Interim HOA Board? This is the most common disqualifier.

article thumbnail

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. Think of turnover as a kind of “maintenance multiplier.” If you own an older home or haven’t kept up with maintenance, this might sound familiar.

article thumbnail

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. A trusted HOA management partner can make budgeting easier and more effective for your board.

article thumbnail

HOA Meeting Minutes Mistakes: Bad Practices To Avoid

HOA Managememt

Avoid doing this: (No mention of homeowner concerns in the minutes) Instead, write this as the entry: “Three homeowners expressed concerns about landscaping maintenance. Here’s a bad example: “Board Member A said, ‘I dont trust that contractor,’ and Board Member B responded, ‘Thats ridiculous.’