Prior to 2020, technology adoption and buy-in were slow for most multifamily firms.

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There is also a great LinkedIn group run by Jefferson Lilly and you should ask that question there I think.I am not an operator, but my firm invest heavily with mobile home park operators.

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Your post got cut off, but it appears that in this case the Board and/or management company should be able to fairly easily create a spreadsheet which would allocate the total budgeted Assessments needed amount the 24 units based on the criteria set in the Governing Docs.If you haven't done so already, let me know and I can help set that up for you (I've been an accountant for an HOA management firm for almost 10 years).

Mostly this was a low key thing for his son to do while his more skilled daughter took the reigns on bigger projects like the Old Post Office.As far as making a lot of money, that all depends on how much capital you're working with, your skill in development and management, and your desired risk exposure.

Hey Everyone, obviously everyone has their own opinion of the Real estate market in its entirety but it seems like the Market is shifting more so in less desirable areas like Stockton, California. 

Communicating, being fair but firm with contractors, and keeping a clear chain of command is key to run a tight ship.

✓Second Home Requirements must be occupied by the borrower for some portion of the year is restricted to one-unit dwellings must be suitable for year-round occupancy the borrower must have exclusive control over the property must not be rental property or a timeshare arrangement1 cannot be subject to any agreements that give a management firm control over the occupancy of the property must be underwritten in DU and receive an Approve/Eligible recommendation, with the exception of high LTV refinance loans required to be underwritten in accordance with the Alternative Qualification Path (see B5-7-03, High LTV Refinance Alternative Qualification Path).