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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? -
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. -
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. -
Before Creating a New HOA Policy, Ask These 5 Questions
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. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
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: -
HOA Reserve Funds: 6 Tips to Improve Your Returns
Are you really getting the best returns on your reserve funds? Most Nevada board members aren’t sure. Learn six ways to improve your reserve fund returns. -
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. -
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. -
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. -
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. -
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. -
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. -
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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. -
Avoid 5 Common Texas Association Budget Mistakes
We know budget season is stressful and we want to help! Avoid common mistakes & d ownload our budget survey results to discover key areas to consider when planning next year's budget. -
Can HOA board members be held liable?
If you’ve agreed to serve as a board member for your homeowners association (HOA), you may be thinking this is just like any other simple volunteer opportunity. However, there are certain fiduciary responsibilities and protocols that board members should be aware of to help protect the association and their own personal liability. Here we’ve compiled a few fundamental principles that every board member should apply. -
A guide to Texas hurricane preparation for your HOA
Everything is bigger in Texas & sometimes even hurricanes. And during hurricane season, being a board member for a residential community in the Houston area can bring some big challenges, too. To help get you and your community ready and reduce the effects if a hurricane does strike, we've put together six important tips. -
Keep Your Community Safe During Summer Vacations
Summer time – the perfect season to hit the road, relax, spend time with family and friends, or embark on a new adventure. While you hope your residents have fun on their summer vacations, you also want to make sure that their homes stay safe and they fulfill their responsibilities to the association while away. Whether you live in a condominium, master-planned or single-family community, you want to make sure that your residents prepare their homes in a way that helps protect themselves and the community. -
Keep Your HOA Community Safe During Summer Vacations
Summertime: It’s the perfect season to hit the road, relax, spend time with family and friends or embark on a new adventure. Although you hope that residents in your community have fun on their summer vacations, you also want to make sure that their homes stay safe and that they continue to fulfill their responsibilities to the association. Whether yours is a condominium, master-planned or single-family community, follow these tips to help your residents prepare their homes in a way that protects it and the community while they are away. -
Municipal Duties Move to ‘Burbs as HOAs Must Step In
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. -
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.