According to the Project Management Institute, poor communication is the #1 reason for project failure. This is especially true in commercial construction projects due to the multiple stakeholders—the developer, architect, contractor, subcontractors, consultants, suppliers and investors.
Why Communication Matters in Commercial Construction Read Full Article »
Americans spent $420 billion on home remodeling in 2020. The pandemic changed how we use our homes—perhaps permanently—and kicked off a remodeling boom the is ongoing.
Home Renovation Dos and Don’ts Read Full Article »
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!
10 Signs You Should Hire a New HOA Property Management Company Read Full Article »
Hiring the right construction management firm is often as important as the construction company completing the project. From years of experience to managed budgets and a host of other considerations, its important to conduct your due diligence when researching potential firms to assist with your construction management project. Of course, if you've already got a great working relationship with your current property manager or real estate company, they might be able to provide you with the needed construction management services you require – just ask!
What to Look for When Selecting a Construction Management Team 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 »
Recent world events haven't exactly been kind to either tenants or landlords. The worldwide lockdowns resulting from the COVID-19 pandemic have led to radical shifts in commercial real estate. Millionacres reported that high-end commercial districts in New York have seen precipitous drops in cash flow, while Daily Business Review stated that some commercial property types in South Florida have watched their transaction values halve on a year-over-year basis.
How Rent Abatement is Applied in Commercial Property Leasings? 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 »
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.
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.
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.
Look for a Property Manager that goes Above and Beyond Read Full Article »
