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What You and Your HOA Need to Know About Short-Term Rentals
From Las Vegas to Lake Tahoe, Nevada attracts a multitude of tourists and convention attendees. One type of lodging that has gained popularity among visitors is renting a room, a high-rise unit, or an entire house from a homeowner. This may seem like a great way for homeowners to make some extra cash while giving travelers a way to avoid the cost of more expensive hotels. However, there are a number of things to consider before deciding to rent out your home—especially if you belong to an HOA. -
6 property management benefits: Community staffing
There are numerous reasons why working with a management company can help your community achieve its vision and goals. Read on to learn 6 of the major benefits you can experience when you transition from managing your own staff to having a staff ran by a management company. -
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. -
How Does Your Community Rate?
Do you know how your community rates to newer communities? What can you do to change your image? Find out how you can be keep your rating up in this new article by Erin O'Reilly that was featured in Management Trends. -
Vetting Vendors: A path to success
Replacing a trusted vendor or finding a new one can be a challenge. How can you have peace of mind that the vendors you’re considering are right for you? Follow the tips below to help screen potential vendors and get the best fit for your association. -
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. -
Email Communication Best Practices for Coronavirus Information
Here are some email communication best practices for your building to use when sending out communications regarding the current pandemic. -
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. -
How to Hold Your Next Board Meeting Through Video Conferencing
It goes without saying that how we communicate has drastically switched from in-person contact to user-friendly digital platforms since the COVID-19 pandemic began to spread. -
Keeping Your Budget Healthy in the Age of COVID-19
As you begin to work on next year’s budget, it’s important to look for ways to save your building money to offset those unplanned expenses and potential revenue shortfalls. -
Learn How To Achieve Strategic Alignment During A Crisis
It’s important that co-op and condo boards come together to achieve strategic alignment. -
Technology at Home Part 2: Keeping Boards and Residents Safe Online
As board communications become increasingly reliant on web-based technologies, it’s more important than ever to take proactive steps to safeguard the way you share and save sensitive information. -
Technology at Home Part One – Choosing the Best Internet Package
In an effort to help our clients and their families stay safe during these difficult times, FirstService Residential’s in-house technology experts recently assembled a list of best practices and technology tips for working at home, improving password security, identifying potential scams and selecting personalized internet packages. -
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. -
Getting Your Building’s Spring Cleaning Started
As building managers begin property inspection, they note the necessary repairs for winter damage as they make their rounds through the community. The spring season is a time for renewal and a fresh look, so being able to properly landscape around the building is of utmost importance. -
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. -
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. -
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Saltwater Pools are the Future, and YES, They Have Chlorine!
Saltwater pools offer a variety of benefits ranging from greater comfort for swimmers -- say goodbye to burning eyes and dried out hair -- and also for the environment. This article explores why saltwater pools are gaining popularity in condominiums and communities here in the Greater Toronto area and around the world. -
Simple Energy Conservation Steps to Benefit Your Community This Winter
With the cold weather in the Ontario air we all would love to find ways to save money as condo owners. There are a lot of helpful tips that we as homeowners can start before winter arrives and continue during the remainder of the winter season. -
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.