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Finding the Perfect Multifamily Property

American Apartment Owners Association

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

Property 200
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Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

Local zoning laws posed challenges earlier, but many cities and states now have more flexible regulations. The accessory dwelling unit house plans should also include architectural drawings that demonstrate compliance with building and zoning standards. What Are ADUs and Why Are They Important?

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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
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How property managers can expand their business by acquiring other property management companies

Buildium

Set a realistic budget and decide how you’ll finance acquisitions. Conducting Due Diligence Due diligence involves checking your potential acquisition’s financial health, operational stability, and legal compliance. Here are the factors to consider when structuring the deal and laying out your financing options.

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

Buildium

You already know how to handle tenants, maintenance, budgeting, and legal compliance. Skills such as tenant screening, handling maintenance, and navigating local regulations directly transfer to rental ownership. In terms of financing, your professional background can also give you an edge. The best part?

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How Fund Accounting Helps HOAs Stay Organized and Transparent

ADDA

Fund accounting is a method of organizing finances by purpose , rather than lumping everything into one pool. Ensures Legal Compliance Many U.S. Fund accounting keeps your HOA on the right side of those regulations. Pro Tips for Doing Fund Accounting Right Stick to accrual accounting for a more accurate view of your finances.

Finance 130
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Property Management Laws, Regulations, and Rules l Second Nature

Second Nature

Property management activities involve overseeing rental properties, ensuring theyre maintained, residents are managed, and finances are handled effectively. Property managers should familiarize themselves with the specific regulations in their state to ensure compliance. Related : What is the resident benefits package?