In the world of co-ops, condos, and HOAs, management plays a slightly different role than it does in the rest of the real estate world. For example, in many rental buildings, the landlord or property owner often acts as de facto manager as …
Category: Management
Like any profession, property management has its moments. Managers often feel a sense of great achievement when they’ve done a good job for a client community, sorting out a seemingly intractable problem, saving them thousands of dollars, o…
Even before the covidpandemic hit in 2020, more and more of us were buying more and more goods online, and having them shipped or delivered direct to our doorsteps, with no car trip, parking search, or even human interaction required. The c…
In the world of owned residential communities like co-ops, condominiums, and HOAs, the issue of leased or sublet units is often the elephant in the corner of the communal room. Most owners choose to buy their units because they want a stabl…
Where there are people, there is detritus. It’s an age-old reality—so much so that even the remains of our ancient trash are often the basis upon which archeologists develop theories about vanished civilizations. While we can’t say what fut…
Saving the planet from the effects of climate change is an urgent—and gargantuan—task. It’s such a huge, global issue that the actions of individuals and small entities like co-op and condominium communities to help can seem pitifully inade…
While practical experience may be the best source of education for property managers, a little refresher in the classroom from time to time never hurts. Requirements for continuing property manager education vary from state to state, and ev…
As temperatures around the globe reach dangerous highs, many places are hitting the highest temperatures they’ve ever recorded - yet large-scale federal action on climate legislation is stymied. War rages on in Ukraine; inflation dogs econo…
For the first time in decades, serious inflation has reared its ugly head. Costs for nearly everything—including the goods and services needed to operate and maintain multifamily properties—are up an average of 10 percent. Some sectors, par…
First-time buyers in condo associations, co-ops, and other multifamily residential communities are often surprised—and a bit confused—by the way their new building or HOA operates. Whether they are coming from a rental background or a singl…