Financial Benefits of Apartment Building Ownership
Investing in real estate is one of the smartest ways to diversify your portfolio and create immense value. And depending on your level of capital and involvement in the project,
Risks of Condo Associations that Cannot Be Overlooked
Keeping a condominium running and residents happy isn’t easy. That’s why most communities rely on a condo association to manage day-to-day affairs. Made up of unit owners within the property,
How Landlords Can Protect Their Apartments from Disasters
As a landlord, you are fully responsible for the structural integrity and safety of your apartment building. Although tenants may occupy its units, it ultimately falls on you to protect
Condo Structures that Require Insurance
Insurance coverage is always complex, and this is especially true for condominiums. Responsibility is split between owners and the condo association, making it difficult to always know who needs coverage
Code Issues for Apartment Building Owners
Whether you’re constructing a new apartment building, taking over an existing one, or maintaining one that’s been yours for years, you’re tasked with serving the needs of multiple tenants. And
Seat Belt Laws
Finish this sentence: ‘Click it or …’ Did you say, ‘… ticket’? We have all seen and heard the public awareness campaigns on television, the radio, billboards and those portable
Handling Uninsured Condo Owners
Operating a building with condos offers stability from the tenants and a steady stream of rent. However, if the tenants are allowed to rent the condos instead of own them,
Make Sure You Are the Only You Out There
The Federal Trade Commission processed 1.4 million fraud reports—totaling $1.48 billion in losses—in 2018. Identity theft occurs when an unauthorized person uses your personal identifying information, such as your name,
Responsibilities for Unoccupied Condo Owners
Risk is always present when you own a condo, but it increases when the condo is left unoccupied for large portions of the year. To mitigate this, you have the
Rebuilding After Disaster
We all hope to never experience serious damage to our homes due to fire, flooding, or natural disasters. However, when the worst occurs, your homeowner’s insurance will make it possible
