Last year we wrote about the consequences of under-funding a reserve account. Well, there’s another, maybe even more compelling reason to keep a well-funded Reserve account, and that’s the value of individual properties within a community. A recent study indicates that home values were 12.6% higher in associations with a strong (over 70% Funded) Reserve… Read more »
Blog
Posts Categorized: Property Management News
Security, Safety and Property Surveillance
Smartphones, companies like Nest and Ring and many others offer internet-enabled video recording devices that today are affordable to most homeowners. The technology makes it easier for us to keep ourselves and our property safe and secure. In many of the communities we manage, homeowners are increasingly installing surveillance equipment that is as good as professional technology. If you’re… Read more »
The Unintended Consequences of Altering Common Property
Many years ago, while living in a new town home community in Old Bridge, two of my neighbors with homes on the edge of the community decided to improve the nearby common ground with shrubs and trees. While their actions came from a good place, helping to beautify the property, it was a violation of… Read more »
Don’t Let Your Maintenance Issues Slow Down Your Summer
Summer is finally here and as always, moving along very quickly. As you enjoy time outside, those projects and plans you had intended to undertake in April seem like an impediment to your summer plans Whether it is power washing the patio, painting the deck or just cleaning up, it’s on your brain and not… Read more »
Sterling Property Management Launches New Website
Sterling Property Management announced the launch of a new Website today. The site is clean, modern and also mobile friendly. The site contains a wealth of knowledge about the company’s services as well as links for tenants to request building maintenance services. Sterling is a full service property management company headquartered in Red Bank, New… Read more »
