One interesting association management topic that can have a significant impact on the success of an association is membership retention. Member retention is the ability of an association to retain its members and keep them engaged over an extended period of time. It is a crucial aspect of association management as it affects the financial […]
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Association managers play a vital role in ensuring the longevity and success of communities. Whether it’s a homeowners association, a condo association, or a cooperative, association managers are responsible for managing the day-to-day operations of the community, ensuring compliance with rules and regulations, and facilitating communication between members. In this blog post, we will discuss
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Commercial leases can be complex documents, but it’s crucial for property owners to understand the importance of certain key clauses. In this post, we’ll explore some of the most significant clauses to ensure that you’re making the most beneficial choices for your leases. The governing law clause designates which state or jurisdiction’s laws will apply
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Commercial real estate is a vital component of the local economy, providing job opportunities, generating revenue, and supporting small businesses. In this essay, we will explore why commercial real estate is essential to the economy, using references to support our claims. According to the National Association of Realtors (NAR), commercial real estate contributed to the
CRE – Commercial Real Estate Read More »
The gross income multiplier (GIM) is a metric used in real estate investing to estimate the value of a property based on its gross income. It is calculated by dividing the property’s sale price by its gross annual income. While the GIM can be a useful tool for some investors, it is generally considered to
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