Showing posts with label carolinas. Show all posts
Showing posts with label carolinas. Show all posts

Wednesday, February 23, 2011

Home Owner's Associations and Management Companies

The relationship between Home Owner's Associations and the Management Companies that they work with is a strong partnership. The Management Company assists the HOA in collecting dues, caring for the common areas and scheduling maintenance. The Maintenance Company may also take care of violations to the CC&Rs and assist the HOA in arbitration matters.

The responsibilities of the Management Company vary but ultimately the responsibility that they have is to add structure, continuity and support to the volunteers that make up the HOA board. Since residents come and go, and not all can participate at that level, or all the time, the management company is able to be the backbone and manage the sometimes less desirable tasks such as informing residents that they have violated an regulation and that they will be fined. It also allows the neighbors to continue to be "neighborly" when an HOA dispute comes up.

At Kuester we believe that it is our job as the HOA Management Company to follow the lead of the HOA but also to give guidance and support when needed. It is our responsibility to assist the homeowners and provide them with the best that their neighborhood has to offer. We manage HOAs all over the Carolinas, big and small and we look forward to the opportunity to serve you.

Kuester Property Management

Tuesday, January 25, 2011

Making Money in Commercial Real Estate

Have you ever thought about owning commercial income property? One of the most consistent and reliable ways that investors have been making money, for hundreds, maybe a thousand years, has been in the buying and renting and selling of property.

That said, plenty of money has been lost in the same. So what is the difference between the investors that make it, and the ones that don't?

First, savvy investors do not over extend themselves. The smart investor will make sure that they spend what they can afford--even if there is a market downturn, or a natural disaster, or a major expense. Too many people who buy property buy more than they can afford, and then run into problems. In fact that is the simple explanation for our current economic woes!

Next, savvy investors choose the right property or properties. "Location, location, location!" and don't forget it. A high end boutique will not thrive on the back of a country road next to the chicken farm. An ice-cream shop will not survive if it is the only shop on a busy highway. You have to decide what kind of investment property will best suit you and your area, and what area will best suit the kind of investment property you want. Do not skimp on the research here! Take your time, be observant and make smart choices.

Finally management of the property will make or break your investment. Choosing the right property manager who can successfully market your property, and who can screen tenants, handle upkeep, etc. is give you the best chance at a positive ROI. Property managers and property management companies have different areas of expertise and specialty, and you should look for one that has worked with similar types of businesses in your area and has a positive track record.

If you would like more information on property management or investment properties in the Carolinas, please check out our website at www.kuester.com.

Wednesday, January 5, 2011

What kind of training does a property manager need?

If you are considering a career in property management, you should know that your career can go in a couple of different directions, depending on where and what kind of properties you manage. Property management is an exciting and challenging industry and you will do well if you can be organized, stay on top of current laws and regulations, and maintain a strong network in your community.

If you are interested in becoming a property manager, you should first look for training in property management that suits the specific field in which you are interested in working. For example, most apartment communities utilize a property manager to interview prospective tenants, collect rent and oversee maintenance needs. You should focus your education on business, negotiation skills, communication and finance.

Commercial property managers, while performing many of the same duties as apartment property managers, may also be involved in negotiating contracts and handling leasing arrangements. A strong understanding of contract laws and the specific regulations that govern your town and state will be required.

You can receive certification from The National Property Management Association, and take certificate training programs that can provide you with a professional designation, and credibility as you look for open positions in property management. A certificate shows employers that you've received training in asset management, tenant communication and contracts.

If you would like to take your education further, you can receive a bachelor's or master's degree in residential property management. The curriculum includes courses in interior design, marketing and leasing, management, accounting and real estate law. During the course of study, you will take the certified apartment manager certification exam.

It is important that you consider membership in associations in your community. In addition to networking opportunities that have the potential to advance your career, you can find a number of continuing training opportunities. Look for groups such as the American Apartment Owners Association and the Property Management Association.

Property management careers can be exciting and rewarding for people who like to work with a variety of people, solve problems and be a valuable resource. If you are interested in careers in property management in the Carolinas, please check out the Kuester Contact page.

Sunday, August 1, 2010

Advantages of Hiring a Property Manager

Have you ever wondered what the advantages are of hiring a professional property manager?

When a property manager is hired, the property owner or landlord can rest easy, knowing that they have a property management company working for them. The owner does not have to be concerned about marketing for and screening tenants, and they do not have to worry about daily maintenance issues. This frees up the owner to deal with their own business or hobbies and provides a buffer between them an their tenants.

Another advantage of working with a property management company is that the property manager takes on the responsibility of monitoring & maintaining occupancy levels and choosing the right tenants. Also, the property manager can handle the administrative functions of the property and make sure that the occupancy is high.

A good property manager will be a salesperson--able to persuade potential residents/tenants and buyers and have strong marketing skills to find the right people and/or businesses. A property manager will also make themselves available to handle building inspections, property insurance matters, maintenance requests, and showings.

A primary function of the property manager is to handle the finances and make sure residents pay and submit their rent payments on time. They are also involved with managing the finances and budget of that specific property. All insurance paperwork, taxes, billing, and scheduling of property bills can be the responsibility of a property management company, as can the ordering and maintaining supplies and equipment and collecting payments from the tenants.

Property managers can also supervise maintenance and cleaning crews, coordinate marketing and advertising efforts and know exactly the right time to bring in new tenants. In short, a property manager can take care of everything that you would need as a property owner, and do so effectively and efficiently.

Let us know if you are interested in learning more about property management or how Kuester would be able to help you market and manage your Carolina property.

Tuesday, April 20, 2010

Considering a New Business in the Carolinas?

Are you considering opening a new business or a second location in the Carolinas? There are many benefits to working with a professional commercial brokerage and leasing realty company.

A professional commercial brokerage can take the time to walk you through the process of buying commercial property. They will assist you in finding the property that best meets your needs and coach you through the buying process.

Buying or leasing a commercial business space is just the beginning of the journey, one which will hopefully be profitable and fulfilling. Work with a professional organization that knows business in the Carolinas. Work with Kuester.

Currently Kuester has several properties for sale and for lease, and we would be happy to work with you. Please call us at 704.973.9019.

Saturday, April 3, 2010

Tips on Buying Commercial Property in the Carolinas

Across the Carolinas there are excellent locations for investing in commercial property. With the economy on the start of a rise, now is the time to make the move.

The Carolinas have beautiful mountainous regions, sun-kissed beaches, and wonderful metropolitan cities in between. Owning a business building and then leasing it out can be great business but as with any type of investment, you will need to do some careful consideration.

If you are a property owner of a commercial building, you will have to maintain the property. Landscaping, building maintenance, general cleaning, and build-outs will have to be done. Hiring a great Carolina-based Commercial Property Manager will be the second-best investment after the property itself!

A property manager will be able to not only take care of maintenance and upkeep of your property but also provide you with advice, pricing suggestions, marketing, collecting rent and negotiating contracts.

The commercial property market can be competitive, and it will pay to get yourself out in the lead. An experienced and professional property management company will be able to lessen the risk of owning a commercial property by lending you their expertise.

Another important factor is to carefully consider location. Perhaps more important than the location of your home, is the location of your investment property. Proximity to like buildings, parking, shopping, walking traffic and/or bus lines are all things that should be weighed. While different types of businesses require different types of locations, you should research what kind of location your prospective tenants will need.

The appearance of the inside and outside of the building as well as the property itself should reflect the types of clientele you would like to attract. If you are looking to have a high-end spa as a tenant, this should be a factor in the type of decor and landscaping you choose. The same goes for it you are looking to put a small manufacturing business into the space! What do your prospective tenants look for in a building?

If you are considering a Carolina Commercial Investment Property, please consider giving Kuester Property Management a call. From locating the right property, to managing it, Kuester is able to meet your investment property needs.

Kuester Property Manager

Monday, March 15, 2010

Effective HOA Property Management

Finding a HOA Property Manager in the Carolinas isn't a difficult. Finding a good one can be!

Your Property Manager is a critical member of your association's operating team. You need to be able to rely on the Property Manager, or Property Management firm to oversee the landscape and facilities maintenance programs, submit bids for contract work, oversee billing and accounts payable and act as a liaison between residents and board members.

Choosing the right company to serve as your community's managing agent can be overwhelming—so we've put together a few tips.


The HOA Property Manager should be able to:
• Provide you with accurate, up-to-date financial reports on a regular basis.
• Provide overviews of your common areas and buildings' structural and mechanical elements
• Understand changing federal, state and local laws to avoid violations
• Maintain accurate, accessible files and records for your neighborhood, and make that information readily available to the HOA board and residents
• Attend any special meetings of the HOA board or residents
• Interact knowledgeably with other professionals like attorneys, accountants, engineers, etc.
• Respond promptly to inquiries from residents
• Maintain working relationships with reputable local contractors and service providers


If you are interested in learning what Kuester can do for your Homeowners Association, please check out our Property Management website.

Wednesday, March 10, 2010

Investing in Commercial Property

For serious investors, commercial property can be a lucrative purchase. Commercial property is a valuable resource that can be costly-but has a high ROI if managed properly.

A commercial property investment has a primary goal of generating income. You want your investment to work for you. Based on current market trends and future projections, you need to be sure that the value of the property will appreciate so that should you you need to, you can sell the property at a profit.

It is rare that you will have all the necessary capital necessary to invest in a new commercial property. Financing may be a crucial part of your investment. You will likely require a commercial property loan. To prepare for this loan, you you will need documentation on your business operations, your financial status and earning potential and the property title deed. While it is a buyer's market, lenders are none-to-eager to make loans unless they have assurances that their investments are protected.

You have your pick of plenty of great commercial properties, so shop around before choosing a piece of property. Your commercial real estate agent will be able to assist you in finding the best property for your needs and budget.

Investing in commercial property can be a smart way to grow your money, but not everyone can be successful--there are many factors that come into play, so take all the necessary precautions by choosing a good agent, using caution when choosing a property and hiring a reliable property management company.

For information on commercial property investing in the Carolinas, please check out our website: www.kuester.com

Tuesday, March 2, 2010

The Importance of Landscaping in Commercial Property Management

Your commercial property is a major investment for your company. Enhancing and maintaining the look of the property can be a very cost-effective way to preserve and enhance that investment, and ensure your future income.

Property management companies do a many things for the commercial property owner, but one of the most obvious from the outside is how the lawn, landscape and property are maintained. Landscape design and maintenance can help achieve a premium appearance for your property. Your visitors and prospective tenants will have a more professional image of your company, that of your tenant and the people who work in your buildings will enjoy coming to work in a more pleasant and attractive environment.
Additionally, well-maintained landscape will discourage vandalism, and create a safer environment for those who work, live, shop or play on your property.

Whether you own an existing facility, or are constructing new buildings, working with a property manager who sees the value in focusing on the outdoors as well as the inside structure of your building is critical.
If you would like to know how Kuester can assist you in the property management of your commercial building, please contact us at: 704.973.9019.