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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Not only is it easy to get to, but condominium units were plentiful and very affordable. While there are some exceptions to reserve fund requirements, most condominiums are required to have studies completed by a professional at least once every 5 years. Florida has historically been considered an ideal state to purchase a winter home.

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How do license plate readers work in condominium buildings?

Condo Control

That being said, license plate readers can be effective access control solutions in condominium parking garages. Table of contents How do automated license plate readers work How are LPR systems used in condo buildings? The condominium must consider costs, make a maintenance plan, and determine who can review footage.

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Advanced financial strategies to maximize profitability as a condo/HOA portfolio manager

Condo Control

So, prioritizing the financial health of your communities is the first step to maximizing profitability for your own organization. Comprehensive budgeting Ignorance is not bliss when it comes to financial management. Your staff may already be responsible for assisting with this responsibility.

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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?

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Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

Californias balcony inspection laws, SB721 and SB326 , are reshaping how property owners and HOAs approach building safety. The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed.

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What to do when the demand for condo/HOA parking and storage is high

Condo Control

Take paid condominium parking and storage as an example. A limitation can be both a problem and a solution. Depending on laws and location, developers dont always include a spot or storage space for every unit.

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How to increase the annual budget while making your condominium more bike friendly

Condo Control

Would you consider your condominium to be bike friendly? of bike amenity space into their new condominium. While management cant do anything to replace a bike once its gone, they can suggest ways for the condominium to minimize bike thefts. If youre not a cyclist, you may have not given this question much thought before.