Are you looking for a HUD Multifamily Property Manager?

Navigating the complexities of compliance

Managing a HUD Multifamily Property is not for the faint of heart.

There are as many idiosyncracies as there are acronyms and industry jargon.

The simple truth is it’s not possible to successfully manage and administer the operation of HUD multi-family real estate without an understanding of all the regulatory requirements at the federal, state, and local levels. 

That’s why property owners need a HUD Multproperty manager who understands the constantly changing body of regulatory materials, and  operates client properties with regulatory compliance in mind.  The results of these efforts means the achievement of satisfactory MOR ratings, high REAC scores, and independent audits with no findings. Read the rest of this entry

Are you looking for Condo Association Management to help you through difficult times?

Tough times

Difficulties have set in for Condo Associations, and have underscored the need for Professional Condo Association Management.

The decline in the Real Estate Market has created problems for condominium associations and homeowner’s associations. As owners and investors have lost their homes to their lenders for delinquent mortgage and association dues as well as for back taxes, condominium and homeowner’s associations have seen their revenue squeezed. 

Professional Condo Association Management

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Do you need a property manager to help with rent collection?

Communication is key

In today’s market, many owners are faced with more delinquent accounts than ever before.  There are several factors that each owner must take into consideration regarding rent collection, and the importance between factors can change from site to site even within the same portfolio of properties.

First and foremost it is important to establish contact and good communication with the tenant in the early stages of delinquency.  It is important for communication to take place so that a plan for becoming current again can be established or a better understanding of why the delinquency occurred and how long the delinquency is expected as well as how much it may grow.

Professional Rent Collection

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A Commercial Insurance Audit provides assurance you’re not underpaying or overpaying to manage risk

Just right

How much insurance is too much insurance?

When it comes to insuring your commercial properties, you should really apply the goldilocks principle.

“Not too much. Not too little. But just right.”

Some Commercial Insurance Audit questions to consider to get your premiums “just right”:

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Green Building Maintenance

If you have a green building, you know very well that you cannot simply “set it and forget it.” 

Green buildings do not operate on auto-pilot.

No matter how sustainable or “green” a building may have been in its design and construction, it can only remain so if it is operated responsibly and maintained properly.

Creating your Green Building Maintenance Plan

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Managing a Property in Receivership

What you should do

If you’ve been in the real estate industry for any length of time, you have probably, at one time or another, ended up owning a property you did not intend to own.

A unique part of the commercial real estate business is receivership, i.e., the management of a business or property that is involved in a legal process such as bankruptcy.

When a building enters foreclosure, the courts often appoint lawyers as trustees of the building. Or in some instances, they’ll recommend a particular company, instead of a law firm, for Managing a Property in Receivership.

Hiring a specialist to manage a foreclosed building is a great benefit to all parties. A specialist in this sector will go into a building, quickly identify all of the problems, whether they are structural or operational, and work quickly to turn them around and ready the building for a sale to a new owner.

Managing a Property in Receivership: 5 Things Your Property Manager Should Do

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