Letterboxes full of junk mail. Important notifications going missing. How do I tell my neighbour that his dog is digging holes in our gardens? Endless general meetings, but very little progress.
Does your residential community use software to tackle these problems?
There is no shortage of options available in the market. Free or premium; for professional administrators, but also for communities that wish to self-manage their affairs.
It can be a lonely, unrewarded and difficult journey for the president of a residential community.
Plenty of after-hours work, disgruntled property owners, loads of paperwork, and recurring trips to the bank.
It is remarkable that with so many different types of residential communities in different parts of the world, all arrangements seem to rely on one owner to handle the community’s affairs: the community association president.
There is a growing trend among younger generations in developed countries to rent dwellings, as opposed to taking on mortgages.
Either forced by high prices or simply due to the convenience and flexibility of seeing housing as a service more than like a heavy investment, there is now Generation Rent.
The world of property management software has been traditionally slow to adopt new technologies.
Is this necessarily a bad thing, though? Once the dust settles, it is probably easier to see which technological advancements worked and which ones didn’t.
With the onset of Uber-like platforms, different sectors have seen apps take over the work of middlemen, changing business models in the process.
Our business Urbytus is located right next to the Mijas area of Costa del Sol. This city council is implementing a very interesting plan to assist local residential communities with some of their maintenance needs.
There is a terminology that we have started to come across more and more over the past year or so: proptech.
Our Communications Team had the chance to attend the UnBlockingChain#1 MeetUp event, organized by Polaris Link, by UMA Tech, part of the Universidad de Málaga.
The main speaker for the evening was Jordi Baylina, a recurring name in the world of blockchain and smart contracts. Baylina is well known as a smart-contract auditor and “white hacker”.
Perhaps two of the most flamboyant words in the dictionary. Their meanings, well… you certainly wouldn’t want to find out when you are close to purchasing or selling property!
Following on from the question about the legality of “The Presidents Fees”, we were asked whether the President has to declare the fees and pay tax on them? Assuming there is no receipt to justify costs other than the time he has put in, one would assume that this is an income for the time spent on the job. In other words the payments is for the hours of work and as such it can be considered as either an employment or income for the president. So how can the costs be justified for accounting purposes? Or can the Community make a gift to the President for his services? What is the proper procedure?