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3 ways to pay for capital improvement plans
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 capital improvement plan for your Georgia association
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? -
Part 1: Electric Cars and Charging Stations - Is Your Community Ready?
Ready to trade in your gas card for some time at the charging station? If so, you'll join those who have made the switch from gasoline-powered vehicles to plug-in electric vehicles (PEVs). -
Part 2: Installing Charging Stations for Electric Cars in Your Community
Electric cars have arrived and there has been a surge of plug-in electric vehicle (PEV) purchases driving the need for charging stations. What does this mean for your association? -
5 Steps to the Best Reserve Study Firm
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. -
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? -
Four Ways Illinois Condos/Co-ops and HOAs Can Save Money on Energy Bills with the Best Property Management Services
Energy conservation and managing HOA community environmental footprints are crucial, but board members have a responsibility to homeowners to exercise financial prudence and proactively seek ways to manage rising costs. -
Asphalt Repairs: Fixing Winter’s Damage
As community managers begin inspection, they note the necessary repairs for winter damage as they make their rounds through the community. -
LED Lighting Offers a Bright Way for Condo Associations to Save
Has your condo association been looking high and low for ways to save energy and money? The answer may be right over your head. Switching to LED bulbs can reduce your lighting costs by up to 75 percent. In this article, we answer common questions and shed some light on the benefits of LED lighting. -
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. -
Getting Your Building’s Spring Cleaning Started
As community association managers begin their 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. -
Four Elements of Great Community Landscaping
Without a doubt, beautiful landscaping makes life in your community more enjoyable. But did you also know that it can play a crucial role in boosting your community’s reputation in the marketplace, and consequently enhancing property values? -
How to fund HOA capital improvements
Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons. -
3 Strategies to Keep HOA Assessments Stable and Add Value
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. -
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. -
The Ins & Outs of NYC Building Energy Rating and Energy Grades
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. -
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. -
Ask the Expert: Homeowners and Condo Owners Association Reserve Study
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. -
EV Charging Event Top Takeaways
Missed the event? Discover our top takeaways for adding or optimizing EV Charging for your high-rise building. -
HOA landscaping maintenance tips to add more green to community property values
It’s often said that you should never judge a book by its cover. However, the front-line curb appeal of a community can make a difference in the value of every property in a neighborhood. This is one reason current and potential homeowners consider landscaping and common-area maintenance so important. -
Texas HOA capital improvements vs capital reserve fund
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. -
What are underfunded HOA reserves, and what can you do about it?
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. -
Special Assessments: Fund Your Capital Improvement Assessment: Part III
Learn about special assessments as a way to fund unexpected capital improvements -
Prioritizing and Managing Your Community's Property Maintenance and Improvement Needs
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?