Avoiding frustrations in private estate construction.

Ask almost anyone who has managed a construction project and they’ll recount a long list of frustrating events, from permit issues to weather and delivery delays. Oftentimes the villain of this horror story is a contractor who did shoddy work, didn’t complete the job, or had an attitude that made working with them highly unpleasant – sometimes all of the above. Questions about missed deadlines or other problems are met with vague answers or go ignored altogether. This is bad enough when you’re the homeowner and far worse when you’re the property manager and caught between the negligent contractor and an unhappy client(s). You may even find yourself wrangling with the homeowners’ association and prickly neighbors complaining about noise and the backhoe sitting on the front lawn for months. Here are some ways you can nip problems in the…

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Benefits of a single platform for multiple home management.

Despite increasing debate in recent years about the benefits of homeownership, for many it remains one of the benchmarks of security and their attainment of the American Dream. If this is the case, it stands to reason that owning more than one home is the proverbial icing on the cake. It also vastly increases the work, responsibilities, and costs with multiple home management, to the point that some find it easier to rent when they are on extended vacations or prefer more privacy than a resort can offer. If you do own multiple homes, you know there would be no way to run them without substantial help, whether they are an hour’s drive or a plane ride away. This is not just about winterizing your place by the beach, but ensuring adequate security throughout the year and that items…

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Dynamic platforms supporting the monetization of properties.

People are becoming increasingly creative about ways to generate income these days, including monetizing the property they live on. The most obvious example of this is Airbnb, which has been around since 2008 but exploded in the years leading up to the pandemic. And though business certainly suffered during the first several months of 2020 (revenue plummeted about 80%),  it has since rebounded as people resumed traveling. In fact, since they can work from anywhere they are often staying for longer periods, which means opportunities for hosts to create modest side hustles to six-figure revenue streams.  Others are renting out areas of their land as storage space or for events such as weddings, or growing crops on the property for sale at farmers’ markets.  Whichever avenue you choose, you’ll soon find that it is like running any small business,…

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