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English, property management, Rent, Tenants

7 Reasons to Use Property management Software to Collect the Rent

December 16, 20220Comments
As a landlord or property manager, collecting rent from tenants can be a tedious and time-consuming task. It involves sending reminders, following up on late payments, and tracking income and expenses. But with the help of property management software, this process can be streamlined and made more efficient. In this article, we will discuss seven reasons why you should consider using property management software to collect the rent. 1. Saves Time and Effort One of the most significant benefits of using property management software to collect the rent is that it eliminates much of the extra work. Rather than worrying about collecting payments and depositing them in the bank, the software…
property management

HOW RENTER’S INSURANCE CAN HELP WITH AFTER THE HURRICANE DAMAGES

October 14, 20220Comments
The standard renter's insurance policies include coverage for fire, hail, wind, or falling objects related to hurricanes. However, renters insurance is not responsible for and does not cover flood damage from a storm or hurricane. Instead, renters' insurance covers hurricane damage under personal property coverage and loss of use coverage. Meaning victims of the hurricane are only compensated for damages incurred on their personal property due to the wind, hail, or other non-flood-related damage during a hurricane. Furthermore, emergency funds are set aside to handle expenses incurred if your rental home is uninhabitable by hurricane damage and you must stay elsewhere. When Does Renters Insurance Cover Hurricane Damage? Renter's insurance consists…
Association Management, property management

THE IMPORTANCE OF WORKERS COMPENSATION FOR CONDOMINIMUM, TOWNHOME, AND HOMEOWNER ASSOCIATIONS

August 15, 20220Comments
Many association Boards of Directors, in an effort to help keep assessment costs low, decline the purchase of a workers compensation policy for the association. The reasoning for this is often times based on the presumption that the association has no employees so a workers comp policy is not needed. This couldn’t be further from the truth! Assured Partners is helping associations to build a stronger understand by providing scenarios in which a workers comp policy covered an association that had no employees.   An association hired a contractor to replace the roof of their building. The project was estimated to take approximately 2 weeks time. Due diligence was performed by the association when they…
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