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Reserves and Deposits in the Trust Account
Covers: A property manager’s proper handling of a trust account to accommodate the flow of property income and expenditures; Start-up fees, cash reserves, security deposits and rents held in a trust fund.
Is Your Chart of Accounts out of Control?
It’s not uncommon for a Chart of Accounts to have hundreds, if not thousands, of accounts, why? In almost every case, the Chart of Accounts can be dramatical...
How Much Must You Trust Your Listing Agent?
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?<br>You must have enough trust in them that you feel
Why Complete an HOA Reserve Study?
A reserve study is a budget planning tool. It reviews the major capital systems in the homeowners association. Why should your HOA complete a reserve study?
Why an HOA Board Should Use a Reserve Specialist
A reserve specialist can help an HOA board determine the amount of funds they should set aside, and guide them through the reserve study.
How a Reserve Plan Helps an HOA Board Protect Current Homeowners
It can be difficult for an HOA board to plan for the reserves because homeowners can't see how assessments for future projects will benefit them now.
Why Education Realty Trust May Be The Next REIT To Go Private
Student housing REITs tend to do well no matter where the cycle is as students will always go to college even -- especially -- during a downturn.
Top 10 Things Current Homebuyers Are Looking For — Southern Trust Mortgage
Even in the midst of a ‘Sellers’ Market’, putting your home up for sale can be a daunting task. Chances are your home already has some great features you can highlight. However, making small upgrades and improvements will usually get your home sold faster and increase the value. To make things more simple, we’ve compiled the …
How to Sell Real Estate when Investing With a Land Trust
Many people promote setting up a land trust for real estate and many real estate investors followed this advice. It is indisputable, your real estate investi...
How Landfills Affect Property Values
In today's world, one of the biggest problems involves depositing trash. As it becomes difficult to find new landfill sites, existing ones become crammed with more trash. For homes living near thes
How to Eliminate the Risks of Inadequate HOA Reserve Funds
It’s often said that “high risk leads to high reward.” Not so with your HOA reserve funds. High risk leads to risky financial standing.
Should We Invest Our HOA Reserve Fund?
Many signs are pointing to a US economy on the upswing – consumer confidence is up, unemployment rates are down, and the stock market is approaching record territory. Companies are investing in growth, so shouldn’t your HOA or community association invest as
What Is Net Operating Income?
When researching accounting terms related involving real estate businesses, you may come across net operating income. Not to be confused with net income, it’s used extensively by property developers and investors to determine the profitability of a piece of property. Real estate isn’t cheap. Before buying a piece of property for the purpose of generating […]
Zillow Explained… And Why It’s Not To Be Trusted!
Let me just go ahead and say it bluntly: stop listening to Zillow.
New Federal Reserve data shows how the rich have gotten richer
It’s been a great 30 years for people who own businesses.
Questions About How an HOA Board Uses the Reserve Fund
Each HOA board has specific scenarios it deals with related to the reserve fund. Read real-life questions and answers related to funding the reserves.
Renters targeted by dodgy letting agents who demand deposits too soon
Mystery shoppers asked to see a copy of the terms and conditions to which they would be signing up.
How Much Money Should an HOA Have In Its Reserve Funds?
An HOA reserve fund are most commonly used to prepare for the future. They are an important tool to pay for renovations upgrades, and unexpected expenses.
How the upcoming Fed decision could affect REITs
Real estate unvestments trusts are unquestionably sensitive to interest rates. But at current valuations Fed intentions may already have been taken into account.
When to Use Your HOA Reserve Fund
This article is the third in a series on reserve studies. In the first article, we discussed what a reserve study is and why conducting one is important for the financial health of your association. We also provided basic information to help you obtain a reserve study.<br>We’ll discuss the difference between the reserve
