Condo Control

JANUARY 8, 2025

Would you consider your condominium to be bike friendly? of bike amenity space into their new condominium. Urban multifamily buildings that are equipped to keep bikes safe(r) will attract tenants more quickly than buildings without adequate bike protections. One developer is incorporating over 7,000 sq.

Condominium

Condo Control

NOVEMBER 21, 2024

Amendments were made in 2024, requiring condominiums with 25 or more units to have a website. HB 1203 makes it clear that HOAs need a website, just like condominium communities. Mandatory reserve fund requirements This news should not come as a surprise to any Florida condominium community. Recent U.S.

Condominium

Condo Control

NOVEMBER 7, 2024

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? What costs can be charged back?

Condominium

Condo Control

MAY 7, 2025

Condominiums are sometimes praised for their inventive designs. However, structural integrity, an equally attractive trait, probably doesnt get enough attention from condominium communities. If this happens, the entire condominium could be at risk of collapsing. What does the inspection cover?

Condominium

Condo Control

MARCH 6, 2025

Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. Use chatbots for improved response times Chatbots can be installed on a condominiums website or portal, and can deliver basic 24/7 support to residents. Condo management is no exception.

Condominium

Real Property Management Chicago

MAY 3, 2015

However, as you quickly discovered, researching city ordinances, advertising your rental, responding to maintenance requests, and making sure your tenants pay rent are way more time consuming tasks than you had imagined. Tenant screening: You don’t want just anyone living in your property.

Property Management

Mashvisor

JUNE 6, 2021

Investing in rental property is one of the best strategies for generating passive income and building wealth. You can invest in a wide range of properties including condos, single family…

Condominium

Condo Control

JUNE 19, 2025

While that seems relatively long, consider this: it can cost $200,000 to $300,000 to replace a single elevator cab in a condominium! Instead of paying a premium to replace an entire cab or initiate emergency repairs, your condominium can budget accordingly and spend less on small repairs and adjustments.

Condominium

Bay Property Management Group

NOVEMBER 20, 2024

Condominiums – The ownership of a condominium is divided by each unit. Having the luxury of always having college students flowing through your neighborhood is helpful for finding tenants, but it also comes with its own set of expectations.

Single-Family Home

Bay Property Management Group

DECEMBER 3, 2024

Every Landlord’s Guide to Managing Property by Michael Boyer Here, Boyer offers a window into tenant retention, basic property maintenance, finding good contractors, accounting, and other key tasks. Preventative Maintenance for Multi-Family Housing: For Apartment Communities, Condominium Associations, and Town Home Developments by John C.

Property Management

American Apartment Owners Association

JANUARY 27, 2025

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. These factors can affect a propertys value and its appeal to tenants. That means that if one tenant moves out, you will still receive income from the other tenants.

Property

Florida Property Management

DECEMBER 16, 2023

Water damage is a common and potentially costly issue that tenants and renters need to be proactive about preventing in their rental properties. In this blog, we'll explore practical tips and strategies to help tenants safeguard their homes from the damaging effects of water.

Tenant

Rental Choice

APRIL 4, 2024

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. Charging too much might discourage potential tenants. Similarly, you can charge higher rental rates if the apartment, condominium, or community has amenities like gyms, pools, on-site parking, or co-working spaces.

Apartment

Florida Property Management

MARCH 30, 2023

Condominium units sometimes represent a problem because you need to abide by a strict set of rules that many times are not investor friendly and create problems with the optimal performance of your real estate investment. It is better to look for areas where tenants are more stable, les transient.

Condominium

Florida Property Management

JUNE 27, 2024

Investors can make strategic decisions about property improvements, tenant selection, and rent pricing to optimize their returns. Single-Family Rentals (SFRs) Single-family rentals involve purchasing individual houses and renting them out to tenants. Townhomes Townhomes offer a blend of single-family homes and condominiums.

Real Estate

Mashvisor

JUNE 15, 2022

Though condominiums may seem quite similar to traditional houses, there are actually plenty of differences to be aware of. So, what is a condo? Table of Contents What Is a…

Condominium

MRI Software

DECEMBER 9, 2024

Types of real estate asset classes: Unique features and investment potential Each real estate asset class brings unique characteristics, from tenant types to varying levels of risk. Residential asset class Residential properties include familiar living spaces like single-family homes, condominiums, and townhouses.

Real Estate

Nest DC

JUNE 22, 2023

After single-family row homes and townhouses, condominiums (condos) and cooperatives (co-ops) are two popular housing types in Washington, DC, for potential buyers. When you purchase a condominium, you are buying an individual unit within a larger building or complex. What does that mean? And, is it important? Is it co-ops or condos?

Rent

Florida Property Management

FEBRUARY 9, 2024

Because tenants in rent-controlled units have little incentive to move, even when their housing needs change, they may occupy larger units than necessary or stay in prime locations longer than they otherwise would. This undermines the intended goals of rent control while exposing tenants to exploitation and landlords to legal risks.

Rent

Real Property Management California Coast

APRIL 28, 2023

No matter what their unique circumstances may be, as a landlord with a rental property, you naturally want to make accommodations for all of your tenants. However, how do you ascertain if a potential tenant has a disability? What Information Can You Ask Your Tenants to Provide?

Condominium

Beach Front Property Management

OCTOBER 2, 2024

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. What is Multifamily Investing? Investing in buildings with many units can benefit from economies of scale and potentially achieve higher overall returns.

Real Estate

Real Property Management DC Metro

APRIL 27, 2023

Of course, as a landlord with a place to rent, you want to make every effort to accommodate every one of your tenants, regardless of their unique situation. What Information Can You Ask Your Tenants to Provide? Familiarizing yourself with this topic can spare you a great deal of trouble. What is a Reasonable Request?

Single-Family Home

McKee Properties

FEBRUARY 10, 2025

Properties catering to these preferences are more likely to attract quality tenants. Review Property Type Options Hillcrest offers diverse property types, including condominiums, single-family homes, and apartment complexes. Issues such as rent control policies, property taxes, and tenant rights can directly impact profitability.

Single-Family Home

MRI Software

DECEMBER 12, 2023

From ensuring satisfaction for multiple tenants to tracking payments to handling emergency maintenance issues, managing these types of properties requires effort and expertise. This type of management covers day-to-day operations, tenant relations, property upkeep, and financial oversight.

Property Management

Real Property Management DC Metro

AUGUST 11, 2023

Additionally, by recognizing the demographics of potential tenants, you can modify your property to better meet their requirements. For instance, if your target tenants are young professionals, they might favor contemporary facilities and close proximity to public transportation.

Rental Property

MRI Software

FEBRUARY 2, 2025

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Multifamily properties require more hands-on involvement, including tasks like tenant screening, lease management, and repairs. Owning a triplex could allow you to live in one unit while tenants in the other two cover your mortgage.

Finance

Authority Property Management

SEPTEMBER 18, 2019

Joining Oregon and New York, California recently became the third state to pass a rent control law aimed at giving tenants added protections regarding rent increases, evictions, and more. While many tenant’s rights groups applaud the passage of the bill, some have questioned if it is too watered-down to be very useful for tenant protection.

Rent

Property Management Inc.

NOVEMBER 26, 2024

Whether you're renting an apartment, condominium, or commercial space, effective communication with your property manager is essential for resolving issues and ensuring a positive rental experience. Dealing with a property manager who ignores your concerns or requests can be frustrating and challenging.

Property Management

MRI Software

DECEMBER 12, 2023

Condo A condominium, known as a condo, is a private residence within a larger complex or building where each unit is individually owned. Multifamily tenants can also find great value in living in multifamily homes. They can also provide a sense of community, as tenants live near their neighbors.

Single-Family Home

Real Property Management Choice

MAY 23, 2024

Also known as The Tenant Protection Act of 2019, AB1482 has been a pivotal law in the state of California. This touches some key parts of your rental experience, including how much you charge in rent and how you remove tenants from your property. Assigning or subletting the premises in violation of the tenant’s lease.

Lease

HOA Managememt

OCTOBER 10, 2024

Prohibit the display of association-specific political signs between the date the association provides written or absentee ballots to unit owners and three days after the condominium election. This term shall not include a condominium unit owners’ association as defined and provided for in subdivision (3) of section 448.1-103

Government

HOA Managememt

JANUARY 14, 2025

The state doesnt have specific HOA proxy voting rules for communities with single-family homes, but it does have a related law that discusses proxy voting for condominium associations. It does have stipulations for condominium association proxy voting , however. However, some laws are outlined for condominium associations.

Government

Real Property Management Choice

OCTOBER 31, 2024

California is well-known for its strict tenant protections and detailed rental laws. In that case, you can charge up to two months’ rent as a security deposit unless your tenant is a service member on active duty or in the reserves. Make sure your lease agreement reflects this limit and the amount you’re collecting from tenants.

Landlord

Rental Housing Journal

MAY 12, 2025

Called rent stabilization, the bill limits rent increases for existing tenants in Washington state to 7% plus inflation or 10%, whichever is lower. Landlords can still adjust rent by higher amounts for new tenants. Bob Ferguson has signed a rent-control bill, House Bill 1217 , which takes effect immediately, according to a release.

Rent

Beach Front Property Management

MAY 21, 2025

Just Cause Eviction Protections in LA Starting January 27, 2023, Los Angeles implemented eviction protections for renters, extending these safeguards to almost all rental properties, including single-family homes and condominiums.

Single-Family Home

MRI Software

APRIL 1, 2025

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

IT

Rental Housing Journal

JANUARY 28, 2025

Deals renters cant escape Ars Technica reported that with bulk billing, deals in which a company agrees to provide service to every tenant of a building, residents are billed a prorated share of the total cost. Tenants may be billed by either the landlord or the provider.

Apartment