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New to Property Management? Quick Tips for First-Time Landlords  By Concierge Plus

New to Property Management? Quick Tips for First-Time Landlords By Concierge Plus

  • Posted: Apr 24, 2022
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New to Property Management? Quick Tips for First-Time Landlords

Being a successful landlord means juggling lots of hats and more importantly, doing so in an organized, efficient manner. Otherwise, you’ll quickly find yourself overwhelmed and unable to do your job effectively – whether that’s answering emails, fixing repairs, managing equipment or any number of the other tasks you’re responsible for.

Learn Everything Possible

As with any major venture, knowledge is key. Before you set out to buy your first property, get to know the market. You’ll need to understand everything from local employment statistics to generally accepted rental rates. Homee further recommends understanding local housing laws and getting familiar with common property management metrics, such as maintenance cost, turnover, and occupancy rates.

If you have very little experience in real estate investing or management, consider taking a course, such as Property Management 101 from Udemy. While, at less than $50, the course is likely not fully comprehensive, it can help you understand the fundamentals and shape your mindset so that you can be a more effective manager.

Find the Right Property

Finding the right property is a crucial element in your management success, especially if you’re looking to turn a profit. But, before you buy, it pays to know why, exactly, people move into apartments or multi-housing units in the first place. Single people will often choose an apartment for the safety aspect, while others may want access to a clubhouse, fitness center, and swimming pool that they do not have to maintain.

When saving money at the beginning is one of your top concerns, you’ll need to take your time deciding on a property. You might wish to speak with a realtor about purchasing a home in “as-is” condition. This is a property that will likely need some work but, if you don’t mind rolling up your sleeves and doing some of the upgrades, seasonal maintenance, and repairs yourself, you can get a good deal and an even better return. Do keep in mind, however, that homes with an active termite infestation or other significant issues may not be the best bet. You should also have the property inspected for any potential red flags and, if possible, include a cancellation clause in the contract should your inspections yield negative results. Real estate agency Redfin suggests having an attorney perform a title search and examine pertinent land records.

Staying Organized & on Top of Things with Concierge Plus

When it is time to open your new property for tenants, being organized is essential. You will need to be able to do everything, like maintaining a resident databasebooking amenitieshandling service requestsaccepting card payments, and tracking visitor/tenant parking. This is where Concierge Plus comes into play. Our Resident Experience Management platform can do these things and so much more. Having a reliable property management app in your toolbox from the very beginning will help you grow and seamlessly add new properties to your real estate portfolio.

Staying organized may not solve all your problems, but it will help you look and be more professional so that you can manage your property effectively. Keeping accurate records, and knowing where those records are, will also save you money in the long run.

Owning your first tenants’ property is a big job. It takes lots of preparations, from learning about local tenant housing laws to finding ways to save money from the very beginning. But, real estate is a rewarding endeavor, and there is lots of income potential.

Watch our On-Demand Webinar

We recently held a webinar on how landlords, property managers, and board members can use our resident experience management platform to help stay organized.

Watch our webinar and learn about:

  • Getting a straightforward snapshot of what’s going on in your community with our Daily Overview feature.
  • Keeping track of all tasks with our Tasks & Reminders module.
  • Keeping a digital record of every piece of equipment in your community with our Equipment Management feature.
  • Distributing information about important happenings on site, or key knowledge that just needs to be handed to the next shift with our Pass-On-Logs feature.
  • Securely storing and sharing all of your community documents with our File Sharing feature.
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Allstate Resource Management specializes in wetland management in South Florida.

Allstate Resource Management specializes in wetland management in South Florida.

  • Posted: Apr 24, 2022
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Allstate Resource Management specializes in wetland management in South Florida and preventative weed control to maintain a healthy wetland environment.

Wetlands are frequently mandated by state and county statute. When you work with Allstate, you can be assured that we are following all regulations and mandates for wetland preserves and wetland management in South Florida.

Did you know! In Florida there are more 400 water recycling projects, making our state a national leader in the use of reclaimed water. The treatment process eliminates harmful substances, but leaves traces of nitrogen and phosphorous that act as fertilizers when reclaimed water is applied to lawns and landscape. Reclaimed water can cause spikes in algae growth on lakes.

Call us at 954-382-9766 for more information on causes for algae growth

As always, thank you for your business, loyalty, and support.

Sincerely, Allstate Resource Management


 

Allstate Resource Management has over 25 years of experience in maintaining the health of lakes, ponds, wetlands, and stormwater systems. We have continued since our inception to be the leader in resource management. Our services include lake managementwetland managementstormwater drain cleaning and maintenance, erosion controlfish stockingnative plantingsdebris removalwater qualityaquatic pest control, and upland management. All of our technicians are thoroughly trained and certified in order to meet the strict standards imposed by governmental agencies. This ensures that your property will be treated by only the most competent individuals who are proud of the services we render.

In addition to providing a healthy habitat, we specialize in the installation and maintenance of beautiful color lit fountains, bringing beauty and enjoyment to any lake or pond.

We also offer support services for property managers and HOA’s including educational presentations and CEU programs. Our approved courses offer continuing education credit to CAMs. Find us on the SFPMA Members Directory.

 A stormwater system is a tool for managing the runoff from rainfall. When rainwater lands on rooftops, parking lots, streets, driveways and other surfaces that water cannot penetrate, the runoff flows into grates, swales or ditches located around your property and neighborhood. These grates, swales and ditches carry the runoff into stormwater ponds. A stormwater pond is specifically designed to help prevent flooding and remove pollutants from the water before it can drain into the groundwater or into streams, rivers, lakes, wetlands, or the ocean.
Call us today to talk to one of our Stormwater Specialists at 954-382-9766 or info@allstatemanagement.com

Colleen Sullivan
Marketing Manager
www.allstatemanagement.com
6900 SW 21st Court, Building #9
Davie, Florida 33317
Phone: (954) 382-9766

New Product: SuperHanger(TM) patented PVC Pipe Hangers for Garage Piping

New Product: SuperHanger(TM) patented PVC Pipe Hangers for Garage Piping

  • Posted: Apr 24, 2022
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Lee Composites, Inc. has been supplying thousands of SuperHanger(TM) patented PVC Pipe Hanger Systems t0 Condominiums throughout Florida for over 27yrs now. It is by far the most popular pipe hanger system on the market, replacing rusted steel pipe hangers. Contact us now before problems occur.

 

THE PERFECT SOLUTION FOR SUPPORTING YOUR PLUMBING

Steel Rusts, PVC and Fiberglass Don’t. “There’s no other pipe hanger like it!” Lee Composites, Inc. introduces the PVC Super Hanger™ pipe hanger system. The Super Hanger™ pipe hanger is comprised of all nonmetallic, corrosion resistant materials and maintenance free properties.

The patented Super Hanger™ pipe hanger design allows for ease of installation on both new and used pipe, structural strength for pipe loadings and sizes to support various pipe diameters. They come in multiple sizes and are ready for immediate availability.

Learn more about Lee Composites members of sfpma view their membership listing.

Regards, Bob Lee- President
Lee Composites, Inc.
PO Box 130363
The Woodlands, TX 77393
281-782-2477

 

 

ELECTRIC CARS ARE COMING ! IS YOUR PROPERTY READY?

ELECTRIC CARS ARE COMING ! IS YOUR PROPERTY READY?

  • Posted: Apr 22, 2022
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ELECTRIC CARS ARE COMING ! IS YOUR PROPERTY READY?

by VANDELAY COMMUNICATIONS LLC

2022 is looking to be the year of the Electric Vehicle. Whether you like the idea of switching from ICE (internal Combustion Engines) to EV (Electric Vehicles) or not….they are coming and in droves.

Almost every major auto manufacturer is bringing an EV to market this coming year and from the looks of it, the wave will be small at first, but tremendous by 2023. What this means for Residential Condos and apartments, especially in High Rise buildings with limited parking, is you must be planning for it now.

Our company is already working with several Florida Management companies to bring state of the art EV charging equipment to their properties. Up until lately a lot of buildings have been allowing residents to add their own “outlet” or charger to their parking space. What this has done has taxed the electric panel to full capacity as well as contributed to a much higher electric bill because there is no control over demand charges as well as the inability to know exactly what someone is using by way of kilowatt hours.

The equipment today can offer several huge advantages to circumvent all the problems and headaches associated with EV charging as well as bring a new revenue stream to your property. the units today offer the capability to have a totally hands off approach and allow for this new stream of revenue. 90% of all EV vehicles are charging from home. Having this ability, brings value to the property by way of higher rents, higher sales prices of units and no drain on the HOAs funds except for the initial buildout which is paid back over time through correct set up of the systems financial utilities tools.

For more information or a personal presentation please contact us.

STEVEN T. MILANA
Executive Vice President of Development
Vandelay Communications LLC
“Veteran Owned Small Business”

Office: 480-805-1962
Cell: 954-214-2590
steve@vandelaycommunications.com

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6 HOA Violations & How to Avoid Them

6 HOA Violations & How to Avoid Them

  • Posted: Apr 22, 2022
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6 HOA Violations & How to Avoid Them

by Holly Bunch on Apr 19, 2022 1:00:00 PM

A Homeowners Association (HOA) is a private body made up of members of society who own property within a common area, led by an elected board of volunteers. The association’s main objective is to grow and add value to the property by protecting communal regions and setting rules and regulations.

Different organizations have rules that members must adhere to regarding architectural amusements like fences, swimming pools, entrances, exterior home designs, and HOA.

The HOA makes homeowners and buyers appreciate their surroundings and ensures that lawns are cut and home exteriors remain attractive. Although some rules and regulations may seem challenging, members who comply with them reap significant rewards from the association.

 

HOA Violations and How to Avoid Them

HOA violations are practices that go contrary to the set covenants, conditions, and restrictions (CC&Rs) set by the association. They include:

  • Landscaping

Having unkempt, overgrown, and heavily weeded lawns would be a crime for any property owner. They also consider using trees taller than the recommended height and color for fencing an offense.

You can avoid landscaping violations by following the set rules, such as maintaining well-kept and clean lawns and ensuring the fence trees are within the required height, such as 5 feet maximum. In addition, use drip irrigation and controlled sprinklers on lawns and along sidewalks.

  • Noise

It is considered a crime for group members to play loud music between the evening and early morning. Additionally, it is against the HOA rules and regulations for members to hold social gatherings between the restricted hours or even have guests in parking areas, playing deafening music and making loud noises during odd hours.

Like many cities and counties, the HOA adheres to noise ordinances enacted for the benefit of its members. Property owners should constantly refer to the rules on noise pollution management to ensure that they give their neighbors and the general community peaceful nights and calm mornings.

  • Vehicles and Parking

Residents will break HOA rules by parking non-permitted vessels on the streets or driveways, such as boats or commercial autos. Driving outside of designated locations or exceeding the speed limit in congested regions is also deemed a crime.

Members must follow established area speed restrictions, parking rules in defined zones, and the types of vessels permitted to park on the land and along the streets.

  • Pets

Residents love pets, and some consider them family. Therefore, the HOA has rules on the types of pets and areas where pets can and can’t walk, leash dogs, or pick up pets. Every resident must not violate the pet restrictions and rules. Otherwise, the HOA and neighbors may not be remorseful for such offenses.

Members need to know the number of pets per homestead, the good breeds and weights, and the law on picking up after the pets.

  • Undisclosed Rentals

Renting or leasing out different places on the property to get extra money may violate the association’s bylaws. State, federal, and sometimes local regulations govern and supersede HOA operations. With this in mind, they establish regulatory standards with other organizations, such as housing insurance companies.

Insurance companies determine the occupant-to-rented property ratio. As a result, property owners need to acquire written permission from the HOA before subletting their properties.

  • Trash

Poor waste management and careless placement of trash and dust bins on the property are considered violations. It is an HOA offense to leave the receptacle bins outside during non-collection hours, in front of people’s homes, or inconspicuous spots. They detract from the value of a property. 

 

GET BOARD CERTIFIED AT THE CONDO AND HOA EXPO

GET BOARD CERTIFIED AT THE CONDO AND HOA EXPO

  • Posted: Apr 15, 2022
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GET BOARD CERTIFIED AT THE CONDO AND HOA EXPO

LUNCH IS PROVIDED FOR FREE!

 

APRIL 19TH, 2022 AT 9:00 A.M. AT THE SIGNATURE GRAND IN BROWARD.
CLICK PICTURE TO REGISTER
APRIL 21ST, 2022 AT 9:00 A.M. AT THE TAMPA CONVENTION CENTER
CLICK PICTURE TO REGISTER
COME MEET OVER A HUNDRED CONDOMINIUM AND HOA VENDORS AND TAKE CONDO AND HOA EDUCATIONAL CLASSES ALL DAY LONG
WE HAVE CERTIFIED OVER 20,000 FLORIDIANS ALL ACROSS THE STATE. LEARN ALL ABOUT CERTIFICATION, THE AS AMENDED FROM TIME TO TIME LANGUAGE, ALL THE LAWS EFFECTIVE JULY 1ST, BUDGETS, RESERVES, FLORIDA’S NEW EMOTIONAL SUPPORT ANIMAL LAWS, MANAGER DO’S AND DON’TS, SCREENING AND APPROVING, ACCESS TO RECORDS, ALL THE LAWS WE CAN EXPECT THIS UPCOMING LEGISLATION AND MUCH MUCH MORE.
TO REGISTER:
CLICK ON ANY OF THE ABOVE PICTURES
OR CALL OUR OFFICE AT: 954-983-1112
We received a lot of submissions for our $10K Extreme Shoreline Makeover giveaway and we are thrilled to announce our winner…

We received a lot of submissions for our $10K Extreme Shoreline Makeover giveaway and we are thrilled to announce our winner…

  • Posted: Apr 14, 2022
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We received a lot of submissions for our $10K Extreme Shoreline Makeover giveaway and we are thrilled to announce our winner…

Congratulations to Southshore Falls HOA (West FL)!

The community is excited to restore their eroded shoreline with a Sox Erosion Solutions System! Stay tuned over the next few months to see the transformation…

 

If your community is having problems with your Lake, contact SOLitude today

Learn about what happened during the 2022 Legislative Session and to discuss some of the bills that did not pass

Learn about what happened during the 2022 Legislative Session and to discuss some of the bills that did not pass

  • Posted: Apr 14, 2022
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The 2022 Legislative Session in Florida concluded on March 11, 2022. Join Becker’s Kenneth S. Direktor, Yeline Goin, and Steven H. Mezer on Wednesday, April 20 at 1:00 PM EST to learn about what happened during the 2022 Legislative Session and to discuss some of the bills that did not pass (which will likely be re-filed next year) and those that did pass.

including:
• CS/SB 1380 regarding the Marketable Record Title Act (MRTA). CS/SB 1380 also includes a section regarding the motor vehicle parking on private property
• CS/SB 438 regarding flags in community associations
• CS/SB 518 regarding tree removal and tree trimming
• CS/SB 898 regarding tenant safety
• CS/HB 1571 regarding protesting
• CS/CS/CS/HB 967 regarding exemption from ordinances for golf course irrigation and fertilization
This program is not eligible for CEU credit or certificate of completion. ________________________________________
This is going to be presented on Zoom! Full live viewing instructions will be sent to all registrants.

REGISTER NOW:

 

Insurance MarketPlace Resources – We offer business insurance for all classes and sizes of business.

Insurance MarketPlace Resources – We offer business insurance for all classes and sizes of business.

  • Posted: Apr 13, 2022
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Insurance MarketPlace Resources

  • We offer business insurance for all classes and sizes of business.

561-338-7452

Whether your business is large or small, we look at your insurance protection the same way!

 

We are a commercial insurance brokerage organization and have access to different insurance companies that offer a wide-range of products, services, and pricing.

We provide superior customer service, risk management and beyond! We take pride in what we do and represent various highly rated national and international insurance companies, allowing us to efficiently compare rates and coverage to ensure our clients receive the quality protection they deserve.

 

Commercial Insurance Agent
Elena Peredkova
elena@mprfintra.com
561-338-7452
Insurance MarketPlace Resources
https://insurancemarketplaceresources.com

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We’re proud to have achieved much success with our image management system—Catalogger by SRI

We’re proud to have achieved much success with our image management system—Catalogger by SRI

  • Posted: Apr 13, 2022
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We’re proud to have achieved much success with our image management system—Catalogger

We’re excited for all that we’ve planned for 2022. Of course, we’ll continue to share best practices and insightful articles on our social media platforms. Follow us to stay on top of our expert recommendations re: structural inspections, image management, building maintenance, concrete restoration, and more.

Cheers to a successful new year,

The SRI Team

561-372-1290

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Does Low Tide make your Dock Unusable? International Subsea Services can improve the depth of canals, slips and channels 

Does Low Tide make your Dock Unusable? International Subsea Services can improve the depth of canals, slips and channels 

  • Posted: Apr 11, 2022
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Does Low Tide make your Dock Unusable? International Subsea Services can improve the depth of canals, slips and channels. Using a process of Micro dredging and Hydraulic dredging.

Schedule a free consultation today! https://bit.ly/3BqwCui

 

Full service dredging contractor, offering maintenance dredging services for lakes, ponds, canals, rivers, inlets, and other waterways.

Schedule a free consultation today! https://bit.ly/3BqwCui