How to Run a Successful HOA Board in Lakeland, Florida
The current metro area population of Lakeland, Florida, in 2023 stands at 364,000, a 1.68% increase from 2022. This population increase escalates the importance of an HOA in harmonizing community living.Yet, you may end up with an unhappy community if you don't know how to ru...
Lakeland Market Conditions: What to Know Before Investing
Did you know that the U.S. real estate market is worth almost $700 billion? With a number like that, it's easy to see why so many investors flock to this sector. Despite the great earning potential, markets vary and you should know all the details about the one you are invest...
While landlord insurance costs are often around 25% higher than standard homeowners insurance, it is just as important to have. These policies protect your home and you from problems that may crop up during the process of renting out your property.With that in mind, what are the ...
Having tenants in our rental properties can be great things when we
go through the proper suggested tips to find the perfect fit, but just
like in anything, there can be ups and downs. Sometimes we find ourselves
in situations that are not ideal and we have to start askin...
Most tenants sign a lease for a year at a time. This ensures that for that
year, a steady income can be counted on and decisions for either finding new
tenants or continuing a lease can be thought out and planned on. This helps
landlords rest easy in tenant stability for ...
A happy, responsible renter is like gold, and — as with any treasure — you donât want to lose it. If you want to enjoy long relationships with
your tenants, follow these four tips for keeping them happy and ready to renew that lease.
1. No Surprises
The best way ...
When renting out property, it’s important to make sure that you draw
in as many good tenants as possible. There are many ways to do this,
but one of the most effective ways is to make sure your property is
absolutely ready to be sold. Spice things up, fix imperfections,...
Hiring a property manager is an easy decision for landlords who
donât want to worry about the day-to-day hassles of running a
rental property. When it comes to Homeowners Associations (HOA),
however, the decision isnât so cut and dry.
Typically, an HOA exists...
Property managers should always require a refundable security deposit in
residential property management properties. This deposit should be kept in
a separate account for trust or escrow funds and will be returned to the
tenant in part or in full once the tenant has moved...
Importance of Association Management Meeting Minutes
Meetings are rarely on anyoneâs list of favorite things to do â
and keeping meeting minutes is even worse. However, timely, accurate
minutes are important, especially if decisions are being made about
your home and community. Ideally, after the conclusion of an ...