Demystifying Maintenance and Repair Roles for Residents in Your HOA
Posted on Wednesday December 20, 2017
How well do homeowners in your HOA understand maintenance responsibilities? You might think that responsibilities for maintenance, repairs and replacements would be straightforward enough – what’s inside the condo unit is the homeowner’s, and what’s outside is the HOA’s.
Preventing HOA Issues When Snowbirds Fly the Coop
Posted on Wednesday December 13, 2017
As Kansas Citians anticipate spending the winter months knee-deep in snow, it’s likely that some residents in your homeowners association (HOA) are anticipating spending their winter in a warmer climate.
How an Integrated Maintenance Plan Can Keep Your HOA From Walking on Thin Ice
Posted on Thursday November 02, 2017
Cold weather will soon be upon us, so now is the time for your homeowners association (HOA) to make sure your maintenance program is on track. As brutal as Missouri winters can be, you certainly don’t want to discover a leak in your roof during a heavy snowfall or have a boiler stop working during a record cold spell.
True Financial Stability
Posted on Tuesday September 26, 2017
A strong, healthy association requires every facet of property management to work in sync toward one common goal...true financial stability.
Smart Financial Planning
Posted on Monday September 25, 2017
Safeguarding an association’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means that boards must protect the financial interests of the homeowner association and its members by making sure all funds are properly managed, invested and protected.
Understanding Community Association Reserves and Reserve Studies
Posted on Tuesday September 12, 2017
One of the most important responsibilities your community's board of directors faces is effectively planning for major common-area repairs and replacements. Whether a costly expenditure is needed in a few years or not for 20, it’s the board’s fiduciary duty to make sure your community association has adequate funds when the time comes. That’s where reserve funds come into play.
Association Budgets: Things to Consider When Creating Your Budget
Posted on Monday July 24, 2017
The annual budgeting process offers an opportunity for your board to explore your association’s current financial condition and to ensure your community’s financial stability for the future. Successful association management hinges on a well thought out budget for both short-term and long-term planning.