Attorney Broker Insurance 
American Apartment Owners Association
JANUARY 27, 2025
Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Make sure you understand the historical actuals on the expense structure, not just what the broker estimates they could be, Lea said.
Buildium
MAY 15, 2025
Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. List your expected rent income and subtract all expenses, such as your mortgage, taxes, insurance, maintenance, and vacancy periods. Your professional network is another huge advantage. Plan for those cycles financially.
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Mem Property Management
JUNE 23, 2025
As property insurance rates are somewhat stabilizing in 2022, umbrella liability rates continue rising for common interest communities. In the past two years, insurance companies have reduced their limits to $5 million or have been forced to exit the market altogether. This also is prolonging the time that insurance claims are open.
InveServe
JULY 9, 2025
Gross Lease (or Full-Service Lease) Here, a commercial property tenant pays one flat monthly fee, and the property owner covers most, if not all, of the building’s running costs, such as property taxes, insurance, and common area maintenance (CAM) fees. The property owner still handles insurance and CAM.
Buildium
APRIL 21, 2025
These types of trust accounts are often prepared by an attorney and come with several pieces of documentation such as notarized trust certification, estate rules, etc; None of which applies to a property management business! Monitor who signs: Ensure all signees are either broker, agent, or bonded employees.
American Apartment Owners Association
JANUARY 7, 2025
If you purchase property, you should have title insurance, and if you loan money secured by real property you should have title insurance. It is well worth it to have an insured deed with a policy of title insurance issued by a title insurance company. Bankruptcy Court. The prelim is an imperfect snapshot!
American Apartment Owners Association
OCTOBER 11, 2024
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