5 Annoying Aspects of Homeownership That Can Be Solved with Property Management Solutions

For decades homeownership was the ultimate goal of most Americans, who viewed it not only as a sign of financial stability but an important milestone like getting married and starting a family.  More recently, especially after the Great Recession, people started to wonder if owning a home was more of an albatross than a life raft. There are good arguments on both sides, but one thing is clear: like most things in life, homeownership is a tradeoff. You have dominion over your space, until the Home Owners Association gripes about the non-native shrubs you planted in the yard. You love the original eighteen-century fireplace, until an obstruction of the chimney draws smoke into the living room on frigid winter night. No matter what else is going on in your life, if there is a problem at home you have…

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Solutions to property management challenges.

You did everything right when you bought your second home. You researched for months before deciding on the perfect location for you and your family. You engaged a local realtor and flew out to see the listings in person, and you made sure everything was in perfect condition, from the weatherproofed roof and windows to the steps leading down to the private beach.  You also wasted in no time in finding a property manager. You collected references for companies  in the area and interviewed your prospects in person to ensure that they maintain a professional appearance and demeanor.  You checked to see if they belonged to trade or professional associations and whether any complaints had been filed against them with the state agency that oversees real estate, and you were satisfied on both counts.   For a few years,…

Continue ReadingSolutions to property management challenges.

It goes without saying that a property manager must be able to juggle several tasks – and people – at once.

The concept of the American Dream has evolved dramatically since writer James Truslow Adams first coined the phrase in 1931. He wisely defined it in a broad sense, referring to a place where there was opportunity for a better life for everyone “according to abilities or achievement.” At the time home ownership was out of reach for all but the well-to-do, yet by the end of WWII fourteen years later it had become the goal of nearly every American.     Today, owning a primary residence is commonplace, even expected, and many consider owning a second home as a symbol of having attained “The Dream.” However, as the popular saying goes, “Just because you can doesn’t mean you should.”  Owning a home arguably involves as many headaches as joys, so it stands to reason that you will need the help…

Continue ReadingIt goes without saying that a property manager must be able to juggle several tasks – and people – at once.