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Southern Property Management Group Spring Cleaning Tips
Southern Property Management Group Spring Cleaning Tips Spring is here and that means lots of changes are in the air. In an effort to continually improve your property, we would like to remind everyone of a few things. We have several units that are being listed in the month of April. As everyone knows, new…
5 Things to Consider When Hiring a Property Management Company
Managing a rental property can be strenuous. From collecting rent to planning for maintenance and inspection, screening tenants, and advertising the property, it is not always a walk in the park. Fortunately, a property management company can take care of these tedious and time-consuming tasks giving you more freedom, and peace of mind. A management…
7 Reasons to Hire an HOA Manager This Year
How is your homeowner’s association doing? Is everything running easily and smoothly? Do you have interested members at each HOA board meeting? Is your reserve fund fully funded? What would you do if you were faced with a lawsuit or an unexpected project? If you answered no to any of these questions or don’t know the…
What Do Property Managers Do?
If you’ve ever considered real estate as a source of income, you’ve probably wondered if you could handle the ins and outs of day-to-day management. Rental properties can provide a substantial income, but if you want to take a hands-off approach, you should consider hiring a property manager to take care of your tenants for…
8 Common Myths About HOA Management Companies Debunked
Hiring an HOA management company is beneficial for your association as it ensures smooth operations, streamlines communication, and enforces rules and guidelines. It also safeguards the best interest of your community without compromising the board’s authority. Regrettably, several misconceptions surround HOA management companies, making homeowners and board members perceive them negatively. Let’s debunk eight common…
HOA Budget Planning: Operating Budget vs Reserve Budget
As a board member, it’s your fiduciary responsibility to make sure association members’ dues are well accounted for in the budget. To do that, the HOA can use two vital budgets: operating budget and reserve budget. Both budgets are crucial for the smooth and effective running of the association and community operations. To help…