Property owners can earn a good income from their property provided they have the right property manager looking out for their best interest. One of the biggest and most common mistakes that property owners make is hiring a property management company in haste. In their desire to earn from their investment as soon as possible, they fail to realize that entrusting their investment to the wrong property management company can turn their asset into a liability in a matter of months. Protect your investment; choose your property management company wisely. Here are a few red flags to watch out for:... Read more »

Before you purchase or move into a new home, you should check first if your house is part of a community that belongs to a homeowners association (HOA) because this will spare you from surprise dues or fees that you’ll be asked to pay monthly (or at regular intervals), and you’ll also know things that you’re allowed to do and what you shouldn’t do if you want to avoid trouble. To help you get started, here are five things you should know about homeowners associations, with a particular focus on the one thing that could affect your lifestyle: fees. 1.... Read more »

Homeowners associations (HOAs) have become increasingly popular over the recent decades. With well-maintained amenities and shared areas, rules that benefit property owners, a safe, welcoming neighborhood that’s perfect for raising a family, and more, there’s a lot to love about living in an HOA community. There’s more to HOA communities than meets the eye, however. Below, we list down 10 little-known yet fascinating facts about HOA communities. 1. Of 92 percent of HOA community residents, 70 percent consider living in such communities a positive experience. 2. 90 percent of HOA community residents have a good relationship with their association’s board... Read more »

When a Home Owner’s Association (HOA) is unable to effectively juggle managing a corporation and ensuring a community’s needs are met, it turns to an HOA management company for assistance. An HOA is generally responsible for the maintenance of the community’s amenities and other shared spaces. It also enforces rules, collects fees, covers continuing expenditures, and amasses the funding for larger expenses. These functions are overseen by the HOA’s board of directors, which is comprised of volunteers from the community. As you can see, the board has a multitude of obligations to attend to. Thankfully, HOA management companies are licensed... Read more »

One of the best things that an HOA’s Board of Directors can do for the association and its members is to hire the services of a property management company as they have the experience and expertise to handle not only the daily responsibilities of the homeowners association but more importantly, to expertly handle challenges as they come; which could include crises and disasters. With that said, it’s important to be careful about the property management company you hire as their professionalism could either make or break your HOA. Remember that they are there to help you handle the