Vacation Rentals Part 1: The Sharing Economy’s Impact on Your Association
Posted on Thursday November 10, 2016
While traveling, the idea of staying where the locals live and experiencing the city from a new perspective is appealing to many. Vacationers have the chance to blend in and enjoy the comforts of home, away from home—that’s the luxury of the sharing economy. However, for condominium and homeowners associations, there are numerous issues to consider, including legal regulations. Read more about how the sharing economy may impact your building.
Three Keys to Adopting Rental Restrictions in Your Homeowners Associations
Posted on Friday November 04, 2016
Rentals can be a contentious topic when you live in a homeowners association. And as with most things, there are plusses and minuses when it comes to restricting rentals in your building or community. If your association is considering adopting rental restrictions, here are three things you need to do.
How to Get the Most Bang for Your Association’s Buck
Posted on Wednesday October 19, 2016
When your association's budget is tight, saving even a few hundred dollars is welcome. But what if you could save thousands? Read these tips to improve your association's financial fitness and help you get the most bang for your buck.
Five Mistakes that Can Ruin Your Budget
Posted on Friday October 07, 2016
One of your most important duties as a board member is fiscal stewardship. And at the core of that duty is your annual budget. One thing you can do relatively easily is to make sure you avoid some common budget pitfalls. To help you recognize—and dodge—typical budget blunders, we’ve created a list of the five most common mistakes we have seen HOA boards make.
How to Create a Great Budget
Posted on Wednesday September 28, 2016
As any board member knows, it can be stressful to work on your annual budget. However, it also provides the opportunity to ensure your community’s financial health. Follow these seven tips to create a budget that keeps your community on track.
Crisis Management: Handling Disruptive or Violent Incidents
Posted on Thursday June 16, 2016
As a board member or resident it may not be top of mind to think of what to do in case of a shooting in your community. Take a minute to read this article on crisis management to better prepare yourself and your community.
What to Know in the Unlikely Event of a Mass Shooting in Your Building
Posted on Thursday February 18, 2016
Recently there have been many shooting incidents around the world. To address this global issue FirstService Residential Illinois hosted an “Active Shooter Response” seminar led by Titan Security. In addition to this seminar FirstService Residential and Titan Security shared some knowledge with the Chicago Tribune for an article to help prepare people in case of a shooting in their building. Take a minute to read this impactful article from the Chicago Tribune.
Go Local or Mega for Condo Management Services?
Posted on Wednesday January 20, 2016
When looking for management services, there is often times the debate whether to go with a local company or a national management company. Read the Chicago Tribune’s article comparing hometown professional management companies to a mega-manager. Our very own CEO, Chuck Fallon, even weighs in on the subject.