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We are pleased to present below all posts archived in 'February 2019'. 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 places to stay for one to three nights with homeowners who are willing to rent their home or a section of their properties. 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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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.
Now that 2019 is underway, it’s time to enact the HOA policies 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.
Did you know 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.