Leading residential property management company celebrates milestone with employees throughout Florida May 2019 – KW Property Management & Consulting, a classic Miami entrepreneurial success story, is celebrating its 15th anniversary throughout the month of May with special events at its offices throughout the State of Florida. Since former Certified Public Accountants Paul Kaplan and Robert White launched the residential property management company in May 2004, KWPMC has evolved into an industry leader and the largest private company in the market with more than 1,500 employees and 80,000 units under management. When Kaplan and White started KWPMC, most of their top competitors had been in the business for decades. Yet, they have grown the company organically – one property and employee at a time – to become one of the largest in the industry. Kaplan and White accomplished this while navigating the 2008 real estate crash and without acquiring or merging

Preparation is the key to good management. Hurricane season beings on June 1st and now runs through November 30th, and as you are well aware, having a Hurricane Preparedness Plan in place makes the process of preparing more efficient. To help you be better prepared we’ve created a checklist of the items you should include: Financial Preparation Fund reserves at least partially; the absence of any cash reserves will hinder an association’s ability to make a deposit to a contractor who is available. Consider a special reserve to fund insurance deductibles and/or items not covered Consider making arrangements for a line of credit with your bank, so that you will have available cash to meet emergencies and secure contractors. Consider applying for an Association credit card to allow managers to purchase preparation or recovery items. Seek a loan from your bank for reconstruction or upgrades to property including storm proof

As Florida homeowners gear up for the 2019 hurricane season, a tidal wave of “tips and tricks” are once again hitting the Internet to describe how to best protect your home from a major storm. But how do you know which ones to believe, and which ones should be blown off? After all, you can’t always believe everything you hear and read. Find out below what you believed was protecting your home, but that may actually be putting you at more risk. We’ve collected 10 common hurricane-related myths and the truths behind them to help you (and your home) better prepare for hurricane season. Myth #1: Taping your windows is the best way to prevent them from shattering during a hurricane. Fact: Tape cannot withstand flying debris caused by hurricane-force winds, even though 54% of Americans believe taping their windows protects them from hurricane damage. Do not waste your time

One of the most challenging aspects of effectively running and operating a condominium association is the constant turnover in board membership and the inconsistency this creates concerning rules enforcement. Most association board seats are up for reelection every one to two years. When members decide to run for the board, they often do so because they feel the current board is not properly running the association or enforcing its rules. However, due to the prior board’s failure to act, a newly-elected board attempting to right the ship by enforcing the association’s bylaws and rules and regulations may find itself having to respond to selective enforcement defenses. This creates a unique problem. Board members have a fiduciary duty to enforce the association’s governing documents but cannot do so effectively. There must be a solution. This article discusses how a board can avoid the selective enforcement defense when enforcing community association rules

By Tracie Cyganiak, Melissa Diaz and Lee Gouny To create a true sense of community within a condominium or homeowners association, it is important to first build a community among staff. From top management, all the way down to and including third-party vendors, everyone must work together with a shared vision to achieve the same goals. Implementing certain techniques and initiatives can go a long way towards boosting morale and building camaraderie. A team must be taught, motivated and molded in a structure where each member feels valuable and helps establish a family bond. This can be accomplished by taking the following steps: Cross-Training Staff members must be involved to help advance projects. Cross-train the team. Help individuals understand the responsibilities of other team members. This provides an idea of how each individual fits within the larger puzzle of the community. Cross-training also demonstrates the potential for professional growth by