HOA fines in California: What to know

As a board member you invest your time, talent and passion to make decisions for the betterment of your community. While we all strive for perfection in our roles, mistakes are bound to happen. A good community association management company works closely with thousands of board members and has seen it all. Here are four common mistakes and suggestions on avoiding them.

Good community living looks easy. People are smiling. Residents are enjoying amenities. And the neighborhood or building looks amazing. But behind all this, there’s a lot of hard work. Who is responsible for creating the kind of place people love to call home? How does it all come together? Let’s take a look at the essential elements that need to come together to create a great community.

The budget serves as the focal point for all of the board’s initiatives. It is more than a series of numbers; it’s the framework for accomplishing your community’s objectives. The process of creating and managing the budget can feel complex and often leads to many questions. That’s where an experienced community management company with extensive resources can help. To get started, here are six budget basics your association can follow.

Financial stewardship ranks near the top of the list of responsibilities for HOA board members. This requires proper allocation of association funds to ensure they are protected and FDIC insured, while earning the best possible rates. Adequate insurance coverage also factors into the equation. It’s a challenging balancing act, but asking the right questions can help.

Pokémon Go has taken off like few apps in recent memory. It offers plenty of benefits including opportunities to socialize and learn about local history. As is the case with most things, there can be challenges when dealing with such a sweeping phenomenon. Here are some considerations for your HOA.

Are you familiar with the term “fair living space”? If you’re not, you should be – it can have a profound effect on your community, your association and your residents. Here are some things to consider.

Homebuyers are motivated to buy a new home and move to a new community for a wide variety of reasons – perhaps a desire to downsize, upsize, relocate closer to family and friends, or enhance their quality of life.  But while those factors will always be important, there are two additional considerations many people find compelling – community amenities and programs for lifestyle communities. Read on for more details.

You’re planning an event for your homeowner (HOA) or community association. Congratulations! After the initial excitement comes the realization it’s time to start planning the event. These simple steps will help you achieve success, bring the community together and differentiate your community.

How well does your community management company communicate? The answer to this question is at the heart of client satisfaction. A good community management company will engage you using a variety of tools and communication channels. Here are some ways your property management company should be connecting with you.

Your reserve study gives you the power to maintain the quality of your community by allowing for projects that are both necessary and potentially expensive. Establishing this fund can get a little complex. But you don’t have to be a fortune teller to read the future of your association. You simply need a good reserve study firm to help. Here’s how you can find one.