Remove Attorney Remove Compliance Remove Management
article thumbnail

Fair Housing Training: Your Financial Safety Net in a Tight Economy

American Apartment Owners Association

Fair housing training isnt just a compliance checkbox; its a core part of operational risk management. The Real Cost of Non-Compliance Across the property management industry, professionals who handle internal audits and compliance reviews regularly see the same cycle: organizations forgo training, assuming they can circle back later.

article thumbnail

6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. This guide will walk you through everything you need to know to move from managing other peoples investments to growing your own portfolio. Where do I see opportunity gaps in the markets I manage?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Property management Consider the management demands of the property and whether you have the time and energy to deal with them yourself.

article thumbnail

HOA Transition Checklist: Onboarding The New HOA Board

HOA Managememt

HOA Operations and Management Systems The next part of anHOA transition checklist should involve operations and management systems. Outgoing board members should provide incoming board members with login credentials and access to all management software. Many HOA management companies also offer board education and training.

article thumbnail

Everything you need to know about apartment management in 2025

Buildium

Apartment management demands a careful balance of tenant satisfaction, building upkeep, financial control, and regulatory compliance. This guide covers what you need to know about leasing, communication, maintenance, budgeting, staffing, compliance, technology, and growth strategies. Avoid relying solely on reactive fixes.

article thumbnail

Understanding the 1031 exchange timeline: A step-by-step guide for property managers

Buildium

This powerful tool allows property managers and investors to defer capital gains taxes by reinvesting the proceeds from the sale of an investment property into a like-kind property. Increased Buying Power: With more capital to invest, property managers can acquire higher-value properties or multiple properties.

article thumbnail

How are HOAs using AI to improve operations?

Condo Control

Right now, the majority of HOAs are using AI for communications , but some are also experimenting with maintenance and financial management. Vantaca has reported that, with the help of AI, management companies completed annual budgets in under 2 minutes. Table of contents What can AI help with?