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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.

Great policies can help your association run smoothly, enhance the resident experience and improve your reputation. Here are five questions to ask before creating a new HOA policy.

Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement:

Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons.

There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are three strategies to save your HOA money and keep assessments stable.

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.

FirstService Residential and FirstService Energy are prepared to help boards and owners identify capital improvements or retrofits that improve a building's energy efficiency score and letter grade.

Not all residential property managers have what they need to give you great service. Learn what it takes to be a great residential property manager.

Continue our quick, 4-part webinar miniseries, Ask the Expert, where Jamie George, Vice President of insurance, FirstService Financial, will cover your common insurance questions and discuss anticipated increases in rates for 2021.

View our third episode of Ask the Expert, featuring Andrew Stoutenburg, Regional Executive Director of Reserve Advisors, as he talks about the importance of reserve studies in financial planning.

A leak in a high-rise condominium can quickly result in expensive water damage. How can you reduce your risk and be better prepared if your building springs a leak?

John Friedrichsen, Senior Vice President & CFO of FirstService Residential parent company FirstService Corporation, is quoted in USA Today about how HOAs benefit from the value-added services provided by leading professional management companies.

Capital reserve fund vs. improvements: Budget for both and know when and how to allocate them in your Texas HOA for a continuously improved community.

In this article, we'll cover what underfunded HOA reserves are, how they happen, as well as the risks and what can be done about it.

Learn about special assessments as a way to fund unexpected capital improvements

Handling day-to-day maintenance and making necessary improvements are critical responsibilities for any homeowners association (HOA). And when your serve on your association’s board of directors, they can quickly become overwhelming if you don’t have a good system in place to manage them. So how do you make sure that your maintenance staff is able to handle that long list of tasks that need to get done so that your community runs smoothly and retains its appeal?

Your reserve study is important to your financial health, but how do you get one? How do you choose the right reserve study firm to conduct it? Learn more.

You and your fellow board members want what’s best for your condo corporation. You’re serious about your fiduciary duty and about protecting the corporation’s interests. Misunderstanding some important facts about insurance can actually put your community may be at risk.

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/contributions?

Keeping your condominium corporation’s finances healthy is much like keeping yourself physically fit. The key is to make smart choices and avoid over-indulgence.

When it comes to cyberattacks, you may be under the assumption that your condo corporation is flying under the radar. But you’d be dead wrong. In fact, as a small business, your corporation may be at greater risk of being targeted than ever before.

Reserve Fund Studies are based on the assumption that components will reach their maximum useful life. However, if a preventative maintenance plan doesn’t accompany your reserve study, it’s highly unlikely some components will ever reach their maximum useful life.

We can all agree there are many important elements to a housing structure, but your roof is probably the most important. Changing temperatures, snow accumulation, large amounts of rain, ice dams and high winds can all cause major damage to condominiums, townhomes and single-family homes. These harsh weather conditions can create all sorts of problems, from minor leaks to major cave-ins that can cost a condominium corporation thousands to repair.

Proper condominium management depends upon the annual budget for both short- and long-term financial planning. It’s important to follow some guidelines to ensure the success of the community and protect the investment of the owners.