How Condo Associations Can Navigate Rising Insurance Premiums
For condo associations, managing insurance costs has become an increasing challenge. Over the past few years, many associations have seen their premiums rise significantly due to factors beyond their control, such as increased claims, rising construction costs, and changes in the insurance market. Since insurance is a major expense in any association’s budget, finding ways…
Read More6 Things to Look for in a Property Management Company
Owning rental properties is a fantastic business opportunity, but it’s a lot of work. Screening potential tenants, communicating with clients, scheduling maintenance, collecting rent – it’s more than one person can handle. Whether you’re in charge of a condominium association, an apartment community, or managing a commercial property like a shopping center or industrial park,…
Read MoreThe Impact of In-Unit Modifications
Most condominium Unit Owners feel that what they do within the walls of their unit is nobody’s business but their own, and to an extent they are correct. The Association, however, is responsibility for maintaining the common elements within the community which can often be affected by “in-unit” work. Below are several scenarios to consider:…
Read MoreToo Big, Too Small, or Just Right?!?!
Goldilocks had the right idea! She knew that it was important to find just the right fit for her; whether it was her love for a comfy bed or the temperature of her dinner. Finding the right Property Management Company for your community requires this same important consideration. Many management companies are owned and operated…
Read MoreWhen It’s Budget Time!
If your community’s fiscal year ends on December 31st, it should come as no surprise that soon your Community Manager and Board Trustees will begin planning for next year’s budget. The preparation of an association’s budget is a detailed and lengthy process. They have a lot of work ahead of them. Over the next few…
Read MoreCrowninshield Management is on the Move!
Exciting things are happening at Crowninshield Management and we want to share some important news with you! Loyalty from clients like you has fueled our growth and assisted to increase our presence as the North Shore’s premiere Property Management Company. It has been two years in the making and now Crowninshield is proud to announce…
Read MoreWho’s Responsible? The Myth of Maintenance Free Living
The Myth of Maintenance Free Living “Buy a condo, you’ll never have to worry about anything again”, they said……and so a myth was born. While it is true that you may not have to mow the lawn or paint the siding, maintenance responsibilities still remain with you when you purchase a condominium. Interior plumbing, appliance…
Read MoreTwo Victory Road Apartments on the Lynn/Salem Line Feature Community Room, Gym and Services
Two Victory Road Apartments on the Lynn/Salem line is an ideal home for seniors looking for an independent community. The convenient forty unit property features a community room and gym. Along with the enhanced spaces, Two Victory Road Apartments offers activities organized by a resident service coordinator. The bright community room features a kitchen, new…
Read MoreSeven Steps to Selecting the Perfect Property Management Company
Are you in the market to find assistance in the care and maintenance of your property? Hiring a trusted property management company can give you peace of mind that your community is well cared for. Whether you lead a condominium association, homeowners association, apartment community, single family home development, retail property, shopping center, public housing,…
Read MoreHow Does Your Garden Grow?
Spring is a great time to replant and refresh A great number of condominiums in the Boston area were built in the late 1970’s and 1980’s at a time when landscaping was given little thought other than to attract buyers at the entry. Consequently many of the outdoor areas are in need of an update….
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