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We are pleased to present below all posts archived in 'February 2018'. If you still can't find what you are looking for, try using the search box.
Home-sharing and short-term rentals have substantially increased over the last decade since websites like Airbnb.com have come of age. Short-term rental services work by connecting people looking for a place to stay for a one to three nights with homeowners who are willing to rent out their home or a section of their property. The phenomenon is proven to be successful and does not look to go away at all. It’s also important to note that since it’s a free market with no industry standards, there are no government or organizational regulations placed upon it at this time.
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Now that 2018 is underway, it’s time to enact the HOA policies that you’ve set in place. What you’ll soon find out is how these policies will alter your reserve study. Although we’ve helped you update your reserve study this year, you’ll no doubt experience some surprises. Whatever changes you’ll need to make, we can guide you through the process so that you can be prepared over the next few years as your policies play out. Below are some HOA policies and procedures that have a significant effect on reserve studies.
Did you know that you can assess where the possible hazards are in your rentals by looking at your reserve study? If you can identify areas where safety is an issue, you can formulate a plan to prevent accidents before your new tenants move in. We formulated a checklist of core safety and health issues that arise in residential properties. These problems are common in homes, apartments, and condos - essentially, any dwelling structure.
Without proper management, communication issues can cripple an HOA and cause a broad spectrum of problems. For this reason, it is wise to hire a property management company such as Gassen to keep things organized and everyone informed. Below are some reasons why HOA boards have difficulty with communication and why property owners have strained relationships with their tenants. If you need to improve the communication model in your HOA, contact us today.