Remove Compliance Remove Finance Remove Property
article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Are you taking that big step and purchasing your first multifamily property? Get started by viewing .

Property 200
article thumbnail

ADDA.io’s Estate Managers Workshop 2025

ADDA

Session 1 Highlights Speaker 1 Session Overview Mr. Vinod delved into the critical responsibilities of estate managers during the property takeover process, emphasizing the importance of thorough documentation, asset management, and vendor relations. Compliance Monitoring – Setup all compliances in one place, along with documents.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. In this guide, we give you the full HOA finances picture. What are HOA Finances? Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity.

Finance 245
article thumbnail

Buying A Duplex: What You Need to Know

Bay Property Management Group

Cons of Buying a Duplex: Managing a duplex comes with added responsibilities, such as handling tenant disputes, increased maintenance costs, and financing complexities that may differ from single-family homes. Thats double the income from the same property. Lenders may view duplexes as higher-risk properties. What Is a Duplex?

article thumbnail

Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Implementproactive maintenancestrategies and legal compliance measures to control costs and legal liabilities. Ensure legal compliance to mitigate risks. Manage maintenance costs proactively.

article thumbnail

HOA Transition Checklist: Onboarding The New HOA Board

HOA Managememt

This is also the perfect time to discuss the board’s approach to compliance and enforcement. Legal and Regulatory Compliance The HOA board is also responsible for legal and regulatory compliance. New board members should know about all required filings, including annual reports and tax documents.

article thumbnail

Rental Yield: What It Is and How It’s Calculated

Bay Property Management Group

There are many ways to assess the success of a rental property, but one of the most effective, tried-and-true ones is the rental yield. This tool helps investors determine how much income a property generates in relation to its cost. In turn, this offers a clear, succinct snapshot of a property’s profitability.

IT 130