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	<title>Property Management &#8211; HOA ALLIANCE</title>
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	<title>Property Management &#8211; HOA ALLIANCE</title>
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		<title>How To Create A Safety Checklist For Your Rental Property</title>
		<link>https://www.hoaalliance.org/how-to-create-a-safety-checklist-for-your-rental-property-2/</link>
		
		<dc:creator><![CDATA[HOA Alliance]]></dc:creator>
		<pubDate>Thu, 17 Feb 2022 19:29:39 +0000</pubDate>
				<category><![CDATA[Texas HOA]]></category>
		<category><![CDATA[US News]]></category>
		<category><![CDATA[TX HOA]]></category>
		<category><![CDATA[Property Inspection]]></category>
		<category><![CDATA[Texas]]></category>
		<category><![CDATA[Property Management]]></category>
		<guid isPermaLink="false">https://www.hoaalliance.org/?p=30532</guid>

					<description><![CDATA[Landlords and property managers are responsible for maintaining safe, habitable dwelling units for their tenants. Keeping a property safe requires maintaining structures, land, appliances, and tending to problems like mold. Texas state law requires that you provide a safe, habitable home for your tenants that meets the following general requirements: Structural elements are in good repair, secure, and safe. Cemented areas aren’t uneven or broken, presenting a trip and fall hazard. There is a proper sewer or septic connection. Electrical work has been professionally completed and is safe. The HVAC system is working and safe. A proper installation of the water heater, whether it uses a tank or is tankless The property is free from environmental contaminants like exposed asbestos, mold, and lead paint. Pests are kept out of the home. Staircases are in good repair. A safety checklist will help you manage your property Even when you prioritize safety, sometimes elements slip through the cracks. By creating a safety checklist, you’ll have an easier time performing move-in and move-out safety inspections without skipping any important details. With a thorough inspection, you can quickly address issues before they cause harm to your property or your tenants. Here’s a basic checklist for you to use and modify as needed for your properties. 7 Indoor safety elements to check 1. Electrical outlets Checking electrical outlets is easy. Get a GFCI tester and plug it into each outlet to make sure it’s properly wired and grounded. Testers are around $10-$15 at your local hardware store. 2. Fireplace or wood stove Have a professional come in and check your fireplace or wood stove. You’ll want to make sure there are no leaks in the chimney or the door. Fireplaces and wood stoves produce carbon monoxide (CO), which is deadly in large amounts. Leaks in the chimney can cause CO to fill the room and collect at dangerous levels. To prevent carbon monoxide poisoning, always install a carbon monoxide alarm near the source. It’s also a good idea to suggest that your tenant install an alarm in every bedroom where someone sleeps. You should also have the chimney professionally cleaned before renting the unit. A creosote buildup can cause a fire in the chimney that can spread quickly to the house. 3. Walls and baseboards Check the baseboards to make sure the trim is still present all the way around. Make sure there are no holes in the wall. If you discover a hole that was patched by a tenant, you might want to open it up and check inside. Sometimes tenants stuff the walls with flammable materials when performing DIY repairs. 4. Doors Are the doors hanging correctly? Are the hinges intact? Do all doors open and close properly? Do the locks work? Functioning doors are important. An unsecure door could leave your tenant vulnerable to an intrusion, and a door that won’t open easily could become an evacuation obstacle in a fire. 5. Ceilings Check the ceilings for signs of water damage. If you find any evidence of a leak, address the issue quickly. Leaks that appear small aren’t always small. Address any bare dangling wires or fixtures dangling by their wires. 6. Floors Are the floors sloping or squishy? A sloping floor can be a sign of structural damage. If the floor is soft, you might have water damage underneath the flooring. 7. Smoke detectors Test all the smoke detectors in the home and make sure they’re working properly. If any are missing or broken, replace those units. Eight outdoor safety elements to check 1. Cement patios, sidewalks, etc. Broken cement is a trip hazard. If you have any cement sidewalks or patios on the property, make sure they’re in good repair. 2. Walkways and stairs Check all outdoor stairs for structural integrity and make sure the railings are secure. If your steps are smooth, make them safer by adding grip tape or another anti-slip application. 3. Nearby trees Are there any dead or dying trees nearby that might fall on the property? If so, have them removed immediately. Since dead trees are hard to spot without experience, always get a professional to check for dead trees. 4. Windows Do the windows close securely? Do the locks work properly? Check all windows for functionality and drafts. If they’re drafty, have them sealed. If your windows slide horizontally, consider providing additional window locks for your next tenant. 5. Balconies Check the balcony to ensure it’s safe and in good repair. Check the railings and repair any loose screws or spots where the railing feels loose. 6. The roof Your roof is critical. Have your roof professionally inspected to ensure you don’t have any major problems like worn-out singles. If you have moss on your roof, don’t power wash it or knock it off with a brook. You’ll ruin your shingles if you use force. Instead, sprinkle Moss Off or a similar product and wait for the next rain. It will take longer to go away, but you won’t ruin your shingles. 7. Landscaping Trim all hedges and trees so your tenants can pull into and out of the driveway with full visibility. If anything is blocking the view of the sidewalk or road while on the property, consider removing that tree or shrub. 8. Outdoor lights Outdoor lights are important for your tenants to see at night. Whether you’ve got motion detector lights or a simple porch light, make sure all outdoor lights are functional. Six appliances to check Add these six appliances to your safety checklist: 1. Water heater Whether you’ve got a tankless water heater or a traditional tank, check for pressure, leaks, and functionality. Flush the system to remove sediment, test the safety relief, and set the temp below 120 degrees Fahrenheit. 2. Stove If you provide a stove for your tenant, it needs to be fully operational. Replace parts that don’t work or are broken, like burners or flints. 3. Plumbing, including toilets and sinks Check the water]]></description>
		
		
		
			</item>
		<item>
		<title>Think Like An Owner: Tips For Property Management Growth</title>
		<link>https://www.hoaalliance.org/think-like-an-owner-tips-for-property-management-growth/</link>
					<comments>https://www.hoaalliance.org/think-like-an-owner-tips-for-property-management-growth/#respond</comments>
		
		<dc:creator><![CDATA[HOA Alliance]]></dc:creator>
		<pubDate>Fri, 06 Nov 2020 19:01:50 +0000</pubDate>
				<category><![CDATA[Training Tips]]></category>
		<category><![CDATA[HOA Learning Library]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[Boards & Associations]]></category>
		<category><![CDATA[Premium]]></category>
		<category><![CDATA[Homeowners]]></category>
		<guid isPermaLink="false">https://www.hoaalliance.org/?p=8428</guid>

					<description><![CDATA[For a property management company, the focus on the bottom line drives attention toward efficiency and growth. From a fresh perspective, one of the best tips to accomplish these goals is to think like an owner.   The first article in this series focused on helping landlords and investors think like a tenant. Continuing on that theme, this article is dedicated to property management companies wanting to dive into the needs of the property owner in order to help grow their business. Before a deep dive into what property owners are looking for, take a moment to reflect on your business objectives and vision so that as you think about owners you can reimagine how your perspective aligns with their thoughts and needs. TYPES OF RENTAL PROPERTY OWNERS For a new property management company, working with owners may be a new experience. Seasoned property management companies though have likely dealt with one or all of these types of rental owners:&#160; The Investor The DIY Landlord The Accidental Landlord The Fed-Up Owner Some of these property owners may have fallen into property ownership through inheritance (The Accidental Landlord) or found they needed to relocate and decided not to sell their home (The DIY landlord). Other owners have a portfolio of investments as their sole source of income (The Investor). Others have decided that being a private landlord has become a source of stress and angst (The Fed-Up Owner).&#160; Whether an owner by choice or by circumstance, each type desires a return on their investment in the form of rental income as well as equity if and when they decide to sell. The resource below goes into detail on those four owner types.&#160; Although coming to property ownership from differing starting points, their commonality is the need for asset management. That’s where a good property management company comes into play to support those goals and relieve their concerns. Before diving into asset management issues, let’s take a look at some core needs first.&#160; UNDERSTAND A PROPERTY OWNERS NEEDS Thinking like an owner starts with understanding human needs common to all. In our first series article, Think Like a Tenant, we discussed Maslow’s Hierarchy of Needs to understand the needs of a renter. Similarly, it’s important to have a grasp of those basic needs of owners. The relationship between an owner and the management company might not intersect on the lower levels of basic physiological and safety needs, but certainly impact the need for belonging, esteem, and self-actualization. Everyone desires respect in a manner that is personalized and communicated in a way that makes us feel seen and heard.&#160;Meeting those core basic needs can immediately set you apart from all the other property management companies. Too often a property owner ends up feeling like a cog in the wheel, a nuisance, or just another supplier of the goods that the property management company needs instead of as an asset to the company.&#160; After those basic needs are met, bottom-line, property owners want to be informed and know that their questions (both spoken and unspoken) are answered. The types of questions an owner may have run the gambit from marking to management. It’s important to be prepared to answer those questions even if unexpressed. The resource below goes into detail on the questions owners might ask when searching for a property management company.&#160; THE BUSINESS NEEDS OF A RENTAL PROPERTY OWNER Getting into the mind of a rental owner, in addition to a healthy business relationship where they feel heard and understood, they need to know their business needs will be met. Let’s look at some of the things owners are thinking: Will my investment be well maintained?They want to know that their asset is in good hands and will be protected from neglect, bad tenants, and shoddy workmanship. This speaks to tenant screening practices, how you manage maintenance requests, routine maintenance tasks, and property inspections — your track record on the day-to-day activities that keep assets in the best condition. Does this property management company understand tenant relations?Just like you, owners are concerned with occupancy and tenant turnover. They want to know from you that you understand that an empty house is not profitable for either of you. Educate them on your tenant marketing strategies and tenant retention programs. Lean in and let them know the value you place on securing and keeping great tenants. Am I partnering with a reputable property management company?Be upfront with all the data pointing to that answer such as your online reputation, licensing information, years in business, outline management and maintenance team strengths, etc. If you are new to property management, you will need to up your interpersonal skills to build rapport and trust as you build your business. Established or new business, building trust is on-going so be sure never to over-commit as it leaves you open to under-delivering on a promise. Will I be left in the dark or kept in the loop?Owners crave information regarding their portfolio and you can provide that easily with a few simple tools. Brag about your property management software in how easy it is to access their data through an owner portal from any mobile device. Let them know you provide access 24/7 from their portal to those very important reports and ledgers. Many PM software programs also allow you to email or text important information from the program directly to their email or phone as well as share important documents to their owner portal file library. Does this rental management company really understand the industry?They want to know that you are an expert and will keep up with current trends, systems, and best practices. Don’t be shy in telling owners where you get your information and what you are reading to stay informed. A newsletter is a perfect opportunity to spread your knowledge and insight while helping owners stay current as well. In addition to being seen as an expert, it also helps keep the doors of communication]]></description>
		
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			</item>
		<item>
		<title>Apartment Owners Are Suing WeHo, L.A. County &#038; The State Of California Over Eviction Moratorium</title>
		<link>https://www.hoaalliance.org/apartment-owners-are-suing-weho-l-a-county-the-state-of-california-over-eviction-moratorium/</link>
					<comments>https://www.hoaalliance.org/apartment-owners-are-suing-weho-l-a-county-the-state-of-california-over-eviction-moratorium/#respond</comments>
		
		<dc:creator><![CDATA[HOA Alliance]]></dc:creator>
		<pubDate>Thu, 08 Oct 2020 13:59:02 +0000</pubDate>
				<category><![CDATA[Homeowners]]></category>
		<category><![CDATA[California HOA]]></category>
		<category><![CDATA[US News]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[COVID-19]]></category>
		<guid isPermaLink="false">https://www.hoaalliance.org/?p=1799</guid>

					<description><![CDATA[The City of West Hollywood is one of eight cities being sued by a group of apartment owners and lessors who allege they have been forced through tenant eviction protection ordinances enacted during the coronavirus pandemic to shoulder financial burdens that should be borne by the public at large. The plaintiffs also are suing the State of California and Los Angeles County. View Original Article From News Break]]></description>
		
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		<title>See A Landlord’s Perspective On State &#038; Federal Eviction Bans And how Renters Might Be Taking Advantage!</title>
		<link>https://www.hoaalliance.org/see-a-landlords-perspective-on-state-federal-eviction-bans-and-how-renters-might-be-taking-advantage/</link>
					<comments>https://www.hoaalliance.org/see-a-landlords-perspective-on-state-federal-eviction-bans-and-how-renters-might-be-taking-advantage/#respond</comments>
		
		<dc:creator><![CDATA[HOA Alliance]]></dc:creator>
		<pubDate>Thu, 08 Oct 2020 13:51:55 +0000</pubDate>
				<category><![CDATA[HOA Alliance Chapters]]></category>
		<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[Property Management]]></category>
		<guid isPermaLink="false">https://www.hoaalliance.org/?p=1788</guid>

					<description><![CDATA[The word “landlord” typically houses a negative connotation, particularly now as millions of financially strapped renters struggle to remain sheltered. However, I’ve been hearing from landlords who claim that tenants have been taking advantage of state and federal eviction bans while neglecting or trashing their rental unit. “My business partner and I are not able to evict our tenant who is destroying our house and who hasn’t paid rent in two months,” said Lavon Pryor, of Gary, who owns a house in the Glen Park section of the city. “The tenant has a full-time job and was not affected by the pandemic.” Original Article From The Chicago Tribune]]></description>
		
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