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What You Need to Know About Volunteering for Your HOA

Do you wonder if volunteering for your HOA is worth your time? An HOA needs strong leaders and volunteers that care about their property and the community environment. Gassen provides professional, trustworthy experience in property management in Eden Prairie, Minneapolis, and Twin Cities, and we love working with local property managers and their volunteers! Here are some volunteering tips that can help your organization.

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Minnesota Ranked 3rd Best State to Live In: Is Your Property Ready?

Yes, you read the title correctly. Minnesota once again ranks among the best U.S. states to live - third to be exact. According to a U.S. News & World Report article that came out just last year, once home and business owners give Minnesota a chance, they'll never live anywhere else.

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8 Pitfalls a Property Management Company Can Help You Avoid

Do you own a condo, apartment, or residential property in Eden Prairie, Minneapolis, or Twin Cities? If so, you don’t want to keep paying for it after you own it. Gassen provides trusted and experienced local property management service, that help property owners avoid business pitfalls. Below are eight property pitfalls that you can avoid by using our products and services.

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How Policy Enforcement is Beneficial for Everyone

One of the most critical tasks you can perform as a board member is to create policies for your HOA and then consistently enforce them. HOA regulations need to be adhered to by all members including the board members. Failure to implement policies leads to chaos and tension in the organization. It can also lead to lawsuits and conflict that would otherwise be unnecessary. If you need help developing policies including financial matters such as fees and expenses, Gassen can help you define the regulations and enforce them as required. Contact our office today for a consultation.

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How Important are HOA Management Contracts?

HOAs present a broad spectrum of challenges and issues that arise due to conflicts between members and board members. No matter how great your HOA is, there will always be situations that arise in which people disagree. For this reason, HOAs and other organizations must draw up contracts to get everyone on the same page. If conflict ensues (and it will), a contract reminds everyone of what was agreed upon between the board and everyone in the organization. Contracts are legally binding and give either side leverage in settling disagreements. Below is a summary of some of the reasons why you need clearly defined contracts in your HOA.

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Here's How to Avoid Low Property Values That Can Hurt Your HOA

By their very nature HOAs affect property values. The question is whether the values increase or decrease. Much of that is in the hands of the HOA. Property owners and managers also have a substantial effect on the market value the condition of the property over time. Below, we provide some tips on how to avoid low property values and maintain a strong presence in the real estate market. If you need further consultation, you can contact our office. We’ll be happy to go over the property management services we provide.

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9 Benefits of Living in an HOA

If you’re considering joining an HOA this year, you’re not alone. Every year hundreds of homeowners across the Twin Cities join HOAs and are experiencing new benefits every day. If you are currently managing an HOA and need professional help, Gassen provides experienced property management. We love working with HOAs. Here are 9 reasons why:

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How to Handle Short-Term Rentals in Your HOA

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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How HOA Policies Affect Your Reserve Study

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.

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A Proactive Approach to Tenant/Homeowner Safety and Health

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.

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