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Posts Tagged ' Rental'

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Why You Need to Enforce the Rules in Your Homeowners Association

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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Dealing With Problematic HOA Members

Dealing with difficult people can test your nerve in any setting. Trying to get along with a neighbor in your HOA, however, can sometimes take the challenge to the next level. There are many reasons for this, but one of the most important reasons is that we take ownership of our neighborhoods. We take responsibility for them, and we count everything that goes on in an HOA personally.

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Common Condominium Property Code Violations

Whether you own your own condo or are in charge of maintaining an entire building of them, regular building inspections are needed to ensure that every unit meets the current building safety codes.

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How to Screen Potential Tenants

A responsible tenant helps establish healthy business relationships with property owners and managers. You can feel confident that the rent will be paid on time and the property will be properly maintained. A lousy tenant, on the other hand, will create a stressful relationship and make you regret your decision.

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How to Deal with the Headache of Debt Collection

One of the biggest headaches you deal with is tenants who don’t pay their rent on time or not at all. Even though your property management company has created a straightforward rent agreement and has set a system in place to ensure timely payments, some renters do not adhere to the guidelines.

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5 Design Trends for Rental Properties in 2018

Which design trends are you embracing? Gassen stays current with design rental trends. We can meet with you to help you decide which trends will give the highest ROI. Call us today and let us help you with our comprehensive property management services.

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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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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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Why You Need a Professional Property Management Company in 2018

If you own property in Minneapolis, you know that it can be a sizable commitment that takes you in different directions. While it may make sense to take a do-it-yourself approach to save a little money, it rarely produces the kind of results you’re looking for. A professional property management company can ensure that your assets are taken care of and that you have financial stability when it comes to expenditures. Here are some important tasks a property manager can do for you:

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How to Handle Difficult HOA Members

Dealing with difficult people can test your nerve in any setting. Trying to get along with a neighbor in your HOA, however, can sometimes take the challenge to the next level. There are many reasons for this, but one of the most important reasons is that we take ownership of our neighborhoods. We take responsibility for them, and we count everything that goes on in an HOA personally.

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