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Condominium overlooking a manicured garden and pool

The Benefits of an HOA

Condominium living creates a close-knit community of owners. Establishing a Homeowners Association (HOA) can be a definite advantage, ensuring that routine duties and responsibilities are carried out within the community consistently, leading to a more structured, organized, and attractive community. Due to the expectations of ownership and the need for …

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Champlain Tower South collapse

Lessons Learned from the Champlain Tower South Collapse

In the wake of recent events in Florida and the Champlain Tower collapse, Condo corporations and HOAs are taking more than a bit of heat from local and state governments, the media, and condo owners. With the death toll hitting eighteen known lives and over one hundred still missing, the …

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Condo complex street view

How to Choose the Right HOA Management Company

Homeowner Association (HOA) board members follow through on many responsibilities that ensure the continued efficient operation of a condominium community. This volunteer position carries much weight, and at times performing these duties is daunting, time-consuming, and for some, overwhelming. To alleviate the stress and strain on board members, an HOA …

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What it takes to be a great property management company

What Do Great Property Management Companies Do?

We often say that fifty percent of effective property management is grounded in skill and seasoning; the other half is the desire to work harder and smarter than anyone else. Belwood Properties has been successfully managing residential properties, commercial properties, and HOA Associations in Los Angeles for over 20 years. …

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Tenant Relationships During a Pandemic

Relationships with tenants, can be seen as a weakness or a strength. There is a fine line between being to friendly with your tenants and not know them at all. Talking is going to be a landlords biggest asset during the global pandemic. Getting an understanding of how each individual …

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How Property Managers Can Help Landlords Keep Rental Buildings Safe

How Property Managers Keep Rental Buildings Safe Unfortunately, theft has risen during the pandemic. People have lost their jobs and are desperate to make money in any way they can. There are ways for landlords to keep their rental properties safe. Video surveillance is not used as effectively as it …

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Los Angeles Property Management Post Pandemic

Every investment strategy has its ups and downs, which is why you draft a business plan. Business plans help keep an investment property bullet proof. Right now is actually, not a horrible time to buy investment property. Sellers are lowering their prices because the demand has lowered. It is supply …

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4 Tips on Screening Vendors

The Importance of Screening Vendors: Have you ever had a company send a vendor and they show up not knowing what they are suppose to do? It happens more often than not and needs to stop. Why is it important to screen vendors? Each vendor that you use is a …

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Developing Residential Property in West Hollywood

The City of West Hollywood not only has some of the strictest rent control laws in Los Angeles but they also have inclusionary housing programs. As a property manager it is very important to us that we make sure our clients know what they are getting into when they decided to develop …

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4 Rent Control Tips

Please refer to online websites to see if your building falls under rent control. What is rent control? Rent control is an ordinance that limits or prohibits rent increases and notices to vacate tenancy. Be careful on what city your investment property is in because each community has different ordinances. …

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5 Tenant Screening Tips

Effectively screening tenants is what maximizes cash flow on your income property. Here are some tips and tricks on how to save yourself from a potential lawsuit, while effectively placing the right people into your rental property. 1. Fair Housing Act: This means that you can not base your decision because …

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