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What do Property Managers do? 7 Top Service Issues They Help With
Whether you're on the board of a high-rise or community association. you want to hire a property management company that will provide the best service for their community. What does that really mean? -
What Is a Balance Sheet? Why Do I Need to Understand Them?
The chief responsibility of a community association board member is to preserve, protect and enhance the community. That includes, above all else, its financial health. But you can’t affect the financial health of your community if you don’t understand where it is when you join the board. Balance sheets are the best tool for gaining that basic understanding. -
A guide to creating your condo budget
Budgeting can be tough. It requires that boards look at their priorities and the needs and wants of the community, plus the money coming in and going out -- and making it all balance. As an association board member, producing a responsible, effective budget is one of your primary responsibilities. -
Association Budgets: Mapping Out Your Strategic Plan
Dive into the details of creating a strategic plan for your homeowners association. -
Association Budgets: Things to Consider When Creating Your Association’s Budget
As a homeowner, you want to live in a place that accentuates your style – from a beautiful entrance monument or exquisitely decorated building lobby, complete with freshly pruned trees and lush landscaping – but unless your association board has strategically planned out your community’s budget, you can forget all of that. The budgeting process is a valuable opportunity to explore the current financial condition of your association and ensure its financial stability for the future. -
How to run a board meeting in your HOA
Community associations operate like a business, which means they must hold regular meetings of their officers (board members) and shareholders (homeowners). So, love ‘em or hate ‘em, board and association meetings are a necessary part of community association governance. -
A guide to HOA common area maintenance
Because common areas serve all residents, proper maintenance is essential. A well-kept common area not only enhances curb appeal but also contributes to a more enjoyable living environment for everyone. Learn more in our guide. -
Getting Your Building’s Spring Cleaning Started
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. -
A guide to average HOA fees for townhomes
Average HOA fees for townhomes in Minnesota can differ based on local factors. Discover our in-depth guide, from price breakdown to why fees are charged. -
Have your HOA ready for all seasons with preventive maintenance
Having an integrated plan is the key to proactively addressing your property's maintenance needs. Here are six things you need to do for an effective preventive maintenance plan. -
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Minnesota HOA reserve requirements: What you should know
Minnesota HOA reserve requirements are outlined in the state's Common Interest Ownership Act (MCIOA). In this guide, discover the key things you need to know. -
Tips to Maintain Your Minnesota HOA Finances
Maintaining the health of your Minnesota community homeowners association’s finances is similar to the way you keep yourself healthy: make good choices, don’t overindulge and exercise good judgement. -
To Self-Manage or Not? How to Get the Best Property Management Service.
Some self-managed associations believe they can't afford to hire a professional property management company to manage and maintain their community's operations, assets, finances, common areas and other day-to-day activities. However, as you'll learn in this article, a professional property management company is one thing many communities can't afford to be without. -
What does the board secretary really do?
The Board Secretary is responsible for meeting the Association’s legal and financial obligations and maintaining the Association’s records. Depending on the Association’s requirements, some of the following tasks may need to be distributed to other Board Members or it might be necessary to appoint an assistant to the Secretary. -
Repairs and Maintenance vs Capital Expenditure: What's the Difference?
It’s no secret that association management is a big job. Across Minnesota, common areas require a lot of routine maintenance to uphold community standards – things like exterior light bulb replacements, landscaping and paint touch-ups. Depending on your townhome community, the scale of your amenities' needs will vary. -
What's Your Association's Maintenance Style?
Maintenance issues are something every Twin Cities community association deals with, whether it’s damage caused by a harsh Minnesota weather or regular upkeep, on average, maintenance can account for 25% or more of your association’s overall expenditures. -
What to know about HOA board member insurance
Understanding HOA board member insurance is essential in any community. In this comprehensive guide, discover what you need to know, from coverage to cost. -
6 Ways to Maximize Committees
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. -
Slow and Steady: 5 Surprising Benefits of Raising Your Dues
It’s that time of year again – budget season is upon us. You know the things to consider when creating your budget, but what drives your process? Are you focused on achieving a particular vision for your community? Avoiding conflict in the community? Solely looking to avoid increasing dues? -
7 essential Missouri HOA maintenance responsibilities
What maintenance tasks belong to the association, and which ones belong to the homeowners? And how do these obligations differ by community? Learn everything you need to know about HOA maintenance responsibilities. -
Four ways to set decoration policies without being a grinch
The holiday season is upon us, and nothing puts you in a festive like 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 to Communicate: What Your Board Should Know and Do
You want your community association to be successful. All board members do. You know that means watching the finances carefully and maintaining the property. But do you think about effective board communication as an ingredient in your recipe for success? It is! -