How To Avoid Condo Association Problems Before They Begin

 

Photo of confident associates with pretty business lady standing in front

Condo association problems you can solve now

As a member of the condo board or property management team, there are going to be some problems that are simply beyond your scope of capabilities. There is no way you can prevent every problem that may ever occur. You can get ahead of most of these situations, though, with simple communication and respect.

1. Feeling left out

Condo owners who feel left out of association decisions may be less inclined to cooperate with new or existing rules. Don’t worry, there’s  an easy fix: make sure all condo owners know when and where association meetings are held, and what is on the agenda. Be sure there is enough notice for owners to come to the meetings if they want to, and always include space in the agenda for residents to submit issues they’d like to address ahead of time.

Owners who feel like a valued member of the condo association are more likely to feel like the community offers an excellent quality of life. [Read more…]

Property Management Advice for New Professionals

Property Management Advice for New ProfessionalsIn the theater world, it’s called stage fright. In love, you might say someone has “butterflies” or “the jitters.” If you’re starting a new job, especially in a management role, you may feel nervous, excited, or anxious, too.

When we’re new to something, aside from gaining the experience ourselves, the next best thing we can do to get comfortable is to ask for tips from someone who’s been there.

Property management advice, like so much other advice, is about as common as popcorn at a movie. But as helpful as Uncle Rob tries to be with his tip about using duct tape to cover the hole in the roof so you can save money, all the advice you’re given isn’t always helpful. The property management advice shared here is gleaned from some of the best in the business to help new management professionals know what to expect, and how to prepare for a successful career in condo property management.

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7 Ways Condo Landscaping Can Increase Your Occupancy Rate

ways condo landscaping can increase your occupancy rate

You’ll see the return on your investment when you spend money and time on condo landscaping

Take a moment to picture yourself in a beautiful location. Go ahead, I’ll wait.

What does that location look like for you? Is it filled with the beauty of nature? Are there water features or colorful trees? Now, think: how would you like to live there?

Creative condo landscaping can do just that for you; it will allow your prospective residents to picture themselves living in an ideal, beautiful location. In fact, the right landscaping can and will help you increase your occupancy rate.

Well manicured design increases curb appeal. So when it’s time to sell, your condo dwellers will be able to get a higher return on their investment as compared to condo owners living in a poorly landscaped community.

Likewise, condo landscaping can attract buyers, which leads to higher demand and a higher occupancy rate for the property you manage.

Here are seven things to consider when using condo landscaping to make your property the most longed for investment.

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5 Ways Condo Communities Are Better Than Neighborhoods

ways condo communities are better than neighborhoods

Some of us grew up in a neighborhood. A typical afternoon scene would have kids playing ball in the street, cars parked bumper-to-bumper against the sidewalk, and the occasional sound of a lawnmower followed by someone’s dad telling him to come home to rake the yard.

Condo communities, on the other hand, often have a very different feel about them. This isn’t a bad thing. In fact, there is a lot one can appreciate about condo communities that just doesn’t happen in a neighborhood.

The most obvious differences are, of course, that you don’t have to worry about replacing the roof all by yourself, or that, at least in larger condo communities, you don’t need to worry about mowing your own lawn. But there is more to it than that. And you condo association board members know what I’m talking about.

Sometimes, condo dwellers forget about the many advantages of living in a condo. If you’re trying to put some spirit back into your community, maybe it’s a good time to remind them your residents of how condo communities are better than neighborhoods. [Read more…]