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What are co-op loans? A comprehensive guide
In this guide, we will cover how co-op loans work, how to avoid unnecessary fees, and how to set your building up for long-term success. -
8 Questions to Ask a Property Management Company & and How to Choose
Do you know what questions to ask a prospective property management company? Check out our list to make sure you have all the right information before making a choice. -
Enforcing Condo and Co-op House Rules the Right Way
How can you ensure that shareholders/unit owners comply with the established rules without your board becoming the "building bad guys"? -
Four Ways to Keep Your Building Safe and Clean
Living in close proximity to other people can come with challenges, especially during cold and flu season. -
Habitat Magazine-Here Are Ways to Pay for Retrofits to Reduce Carbon Emissions
The Climate Mobilization Act, requires buildings 25,000 square feet and larger to reduce greenhouse gas emissions by certain target percentages in 2024, 2030, and beyond. -
Steps for Condo or Co-Op Hoarding Clean Up, NYC
Hoarding can be dangerous to every resident in your NYC condo or co-op building. Learn how to work with hoarders in your building today. -
What Should You Expect From Your Property Manager?
Not all property managers have what they need to provide you with great service. Learn what a great property manager looks like. -
Email Communication
You may be unaware that you are opening up all of your emails to scrutiny. When using a personal or work email address to conduct association business, there is a potential liability involved. -
How Can My Association Fund Capital Improvements?
Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements. -
What is a North Carolina resale certificate?
A North Carolina resale certificate is a disclosure document that provides important details about a property located within an HOA or COA. Discover everything you need to know in our guide! -
4 Ways Your Board Can More Effectively Communicate Your Condo’s Budget
Creating your condominium corporation’s annual budget is one of the most important responsibilities your board has. It takes a lot of hard work and may require spending decisions that won’t be popular with unit owners. Consequently, owners may voice strong objections or even question the board’s ability to manage the corporation’s money. -
Why Your Condo or High-Rise Needs a Great Front Desk Team
Five seconds. Science tells us that’s how long it takes to form an initial judgement about a person or thing. First impressions are even faster – they happen in an instant. Given this limited time to make a positive impact, the need for a great front desk team is clearer than ever. -
Condo Act Changes Remove Roadblocks to Electric Vehicle Charging Stations
For the more than 1 million Ontario residents who live in condominiums, driving an electric vehicle (EV) has become a more viable option. Recent changes to the Condominium Act, 1998, address one of the primary barriers condo owners have faced: limited availability of EV charging stations (EVCS) at their condominiums. The revisions, which went into effect May 1, 2018, establish processes for getting EVCS installed in condominium buildings. -
Condominium Corporation Budgets: Creating a Road Map to Success
It’s budget season! Are you stressed? Concerned about a potential dues increase or a large capital project that’s looming in the future? The word “budget” can be scary, so thinking about creating next year’s budget is daunting for many homeowners boards. We’d like to change that. In fact, we don’t want you to view next year’s budget as a task at all. -
Does Your Condo Corporation Have A Plan For Fostering A Sense Of Community?
Humans are social creatures with a deep-seated yearning for connection and community. This is particularly evident in a condo corporation, where a strong sense of community can be the difference between long-standing residency and high turnover. -
How to run a board meeting: A step-by-step guide
If you're like many board members, one of your most challenging jobs is running your condominium corporation board meetings. Keeping everyone on task and addressing board member disagreements is not always easy. So what can you do to manage your meetings more effectively? -
Four ways to set decoration policies for your community without being a grinch
The holiday season is upon us, and nothing puts you in a festive mood than pulling your holiday decorations out of storage. Many people derive a sense of community and comfort from seeing familiar decorations at the same time each year. -
How a preventive maintenance plan can prepare your condo for all seasons
Cold weather will soon be upon us, so now is the time to make sure your condominium maintenance program is on track. As brutal as Ontario's 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. -
Smart Financial Planning
Safeguarding an Ontario condominium corporation’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 corporation and its members by making sure all funds are properly managed, invested and protected. -
The Six Secrets to Building Your Condo’s Volunteer Pool
As a board member for your condominium corporation, you know that your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging. -
Tips For Generating Community Engagement In Your Condominium
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. -
True Financial Stability
A strong, healthy corporation requires every facet of property management to work in sync toward one common goal...true financial stability. -
What are condo reserve funds? Everything you need to know
In this article, we’ll break down everything you need to know about condo reserve funds, from what they cover to how they’re funded, why they matter for property values, and how an experienced property management company like FirstService Residential can help. -
Why Career Changers Should Consider Property Management Careers
Are you looking for a new career path? Why not try property management? Working as a Property Manager will allow you to connect with people to form a sense of community and help enhance their lives as residents. Learn more about how joining the property management industry could fulfill your career dreams.