What makes a good property manager?

Community members join committees because they want to make a difference. That’s great, but sometimes, as they say, life gets in the way. Let’s not forget that committee members are all volunteers, which means it might take something a little extra to keep them motivated.

One of the most important responsibilities your HOA 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 20 years from now, it’s the board’s fiduciary duty to make sure your homeowners association (HOA) has adequate funds when the time comes. That’s where HOA reserves come into play.

Is good communication important to your property management company? Use this questionaire to find out.

As a homeowner, you can do your part to make communication in your community association better. Find out how.

Does your board know the secrets of effectively communicating with residents?

You may not think that your homeowners association (HOA) is likely to be targeted by a computer hacker. After all, we usually hear about data breaches affecting large organizations, like the 2018 breach at Children’s Mercy Hospital in Kansas City, Missouri, that affected more than 60,000 people.

Sooner or later, every homeowners association (HOA) or condominium association has to invest in capital improvements. Whether that means installing a new heating and cooling system in your high-rise building, replacing the roof on your clubhouse or upgrading the equipment in your fitness center, you can’t overlook these long-term, big-ticket items. But what’s the best way for your association to pay for them?
 

Keeping your property maintained and making needed improvements are important aspects of your homeowners association’s financial health. To manage these crucial responsibilities effectively, you need to stay on top of day-to-day projects, as well as create and adhere to a long-range plan. What does it take to make those goals a reality?
 

What makes a community a great place to live? A lot goes into it, but it’s no secret that often depends on community engagement.