LCAM vs. CAM in Morristown, NJ: Is There a Difference?

In the United States, there are over 358,000 neighborhoods that have an HOA. With those HOAs, there tends to be some sort of manager at the core of it.Depending on your HOA, you could have a licensed community association manager (LCAM) or a community association manager (CAM).Wh...

Inspection Notice to Tenants: A Guide for Landlords in Morristown, NJ

What do you think it takes to manage a successful rental property? One thing's for certain, there's more to it than obtaining lots of tenants. As a landlord, it's important to maintain your rental properties and ensure that they're in good condition. One way to do...

Rental Management or Tenant Placement: Which Is Better in Morristown, NJ?

Want to earn income and build equity without putting in 40 hours a week? Owning property can be incredibly lucrative. By renting out the space, you can create a steady income stream and rely on the property consistently building equity.Managing a rental property, on the other han...

What Do Landlords in Morristown, NJ Need to Know About Security Deposits?

Handing your property keys to a tenant is more than a simple milestone for many landlords. You are handing over the responsibility of an expensive and important financial investment.That shouldn't be nerve-wracking. You can protect your money by using a security deposit.This ...

NJ Lead Paint Inspection Requirement – Are you ready?

Do you know about New Jersey Rental Property Lead Inspection Requirement? In July of 2022, NJ Lead Paint Inspection Requirements went into effect for rental properties built prior to 1978. This new law, which is under the jurisdiction of the NJ Department of Health, builds on the...

What are the typical services of a property management company?

When you are looking for a property management company, it is important to understand the types of services they provide and for what types of properties. As part of your selection process, consider how well does your property fit into the management company’s portfolio and lik...

When is my rental property “Rent Ready”?

As a property manager, one of the important tasks we deal with, is getting a client’s rental property “rent ready”. This quite often requires coming to a mutual understanding of what repairs, updates and upgrades are required for the property. What exactly does “rent read...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for the m...

Getting Your Property Rent Ready

When renting out property, it’s important to make sure that you draw in as many good tenants as possible. There are many ways to do this, but one of the most effective ways is to make sure your property is absolutely ready to be sold. Spice things up, fix imperfections, rep...

Importance of Association Management Meeting Minutes

Meetings are rarely on anyone’s list of favorite things to do, and keeping meeting minutes is even worse. However, timely, accurate minutes are important, especially if decisions are being made about your home and community. Ideally, after the conclusion of an HOA meeting, ...