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A successful capital improvement project requires a lot of planning to ensure that things go as smoothly as possible. Does your community know where to start?

When your association has to invest in its property, whether for repairs or a new construction project, the financing for that work must be considered as carefully as the work itself.

A successful capital improvement project requires a lot of planning to ensure that things go as smoothly as possible. Does your community know where to start?

Conflict of interest can be a real threat to your association. Learning how to recognize and avoid conflicts of interest can go a long way toward ensuring the strength and stability of your community.

Nothing lasts forever and you need to have a plan to replace major items and systems before their lifespans end. How do you create that plan? Start with a quality reserve study.

All associations are subject to the federal Fair Housing Act (FHA) and its antidiscrimination provisions. Stay informed to identify the ways you could be exposed to claims of discrimination.

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?

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

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.

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.

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.

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.

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.

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.