Finding the right property manager can take time, but is well worth the effort. Get our list of five warning signs that it may be time to cut ties with your existing property manager and seek a new partnership!
11 Signs You Should Hire a New HOA Property Management Company Read Full Article »
Selecting the right HOA property manager for your community takes time and effort. Not only do you need to know what services you are buying into with prospective firms but you also need to understand their cost/fee structure so that there are zero surprises for your HOA. Before you hire a new HOA property manager for your Chicago condo community make sure you’ve asked detailed questions and feel comfortable – to ensure success, both the condo board and the HOA property manager need to develop a solid working relationship.
12 Questions to Ask Prospective HOA Property Management Companies Read Full Article »
One of the best ways to keep a tenant happy and ready to renew their lease is to manage tenant maintenance requests quickly and efficiently.
How to Best Manage Rental Property Maintenance Requests as a Landlord Read Full Article »
A rental property to-do checklist for first-time landlords The single-family rental market is hot. Realtor.com’s chief economist, Danielle Hale, projects rent price growth will likely remain elevated well into 2023. Based on the consumer price index, the Federal Reserve Bank of Dallas forecasts that year-over-year rental price growth will rise from 5.8%, as of June
Seven Steps to Prepare Your House as a Rental Property Read Full Article »
Being a landlord is hard work and demands specific skills. Even those well-suited to the role make mistakes—especially at the beginning. For many property owners, landlord “duties” is a side gig, something you do when you’re not doing your “real” job. But being an independent landlord is a real job—and it can be stressful. Landlord
Seven Common Mistakes Landlords Make with DIY Property Management Read Full Article »
Aside from a financial or legal misstep, the most common reason an HOA board decides to hire a new property management company is that the previous manager was inattentive or lax and routinely failed to follow through with responsibilities. The result is that the primary focus of the manager interview process becomes all about ensuring
Look for a property manager that goes above and beyond Read Full Article »
Get tips from GNP Realty's HOA property management team on different ideas to present to your condo board about integrating energy efficient upgrades in your community. From water saving measures to window upgrades, such measures can cut not only individual homeowner association costs, but also increase home values for the entire community.
Energy Efficient Condo Recommendations From HOA Property Management Read Full Article »
Being a great landlord takes time and effort, but it is essential to keeping good tenants. After months of double-digit rent increases, rents have begun to moderate. A January 2023 report from the National Association of REALTORS® shows rents rose 3.7% year-over-year in the 4Q 2022, compared to 5.6% and 9.2% in the previous two
Six Traits of a Great Landlord Read Full Article »
After a year of skyrocketing rental prices, the growth rate has dropped to its lowest level since 1Q 2021, according to the National Association of REALTORS®’ January 2023 Commercial Insights Report.
Finding and Keeping Quality Tenants: How a Property Management Company Can Help Read Full Article »
Whether due to a job change, a growing (or shrinking) family or because hybrid employment allows you to work from Hawaii, you may be faced with deciding whether to sell or rent your residential property. In today’s sky-high rental price market, renting your home may seem the smart choice. Alternatively, while home prices have begun
Sell vs. Rent? The Pros and Cons of Being a Residential Landlord Read Full Article »
