Search

Your reserve fund is what helps your association anticipate its future– and budget for it, too. This fund gives you the power to maintain the quality of your community by allowing for projects that are both necessary and expensive (like a future roofing or paving project, for instance).

The Baby Boomers have been a transformational generation, to say the least. Born between 1946 and 1964, Boomers are known as the healthiest and most educated of any American generation in history.

What exactly are HOA dues, and can an HOA raise dues without notice? In this article, we’ll explain what HOA dues are, HOA fee increase limits, and five benefits of small, regular increases.

In this article, we’ll expand on "What is a community association manager?" and dive into all key characteristics of this profession, including role responsibilities, certification requirements, and more.

If you’re on the board of a condo, co-op, high-rise or HOA, you know that managing your community’s budget is a major priority. You’ve likely explored many ways to save money and get the best deals, while still maintaining a high level of service.

As our parents age, we are fortunate to enjoy an ever-evolving relationship with them. With time comes perspective, and with that perspective comes a new way for adults to relate with their parents.

We’ve got the scoop on how to get a mortgage loan, so read on for our top six tips to increase your chances.

Chances are, you joined the board at your HOA or condo because you’re extremely passionate about the community and want to improve the experience of the other residents within it. Part of adding value to residents in your community is offering classes and programs for them to participate in to get to know their neighbors and offer opportunities for them to stay happy and healthy. Read on to find some suggestions for great virtual programs for communities like yours.

What are HOA fees, and what do they cover?

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.

Community association management is an industry filled with diversity. You'll find people from all walks of life who have chosen it as a career path, and all for their own personal reasons. What is the one commonality? It's easy to love what they do!

Read on for more about how to best complete your next annual association budget, a budget that will enhance your property values and improve your residents’ lives.

Whether you are a recent graduate contemplating your career path or a seasoned professional seeking a change, delving into the realm of property management can offer a fulfilling and potentially rewarding journey.

Your community or condominium association is there to protect the interests of all of its members. However, there may be situations when one or more residents don’t believe that the association is on their side. Hopefully, everyone involved can come to a reasonable solution, but if you can’t, it’s possible that your association – and even your board members – could become the target of a lawsuit.

You know that your association needs to have the right insurance coverage in place. So you have property coverage, liability insurance, workers’ compensation, directors and officers (D&O) and an umbrella policy in place. Premiums are paid regularly and on time. Did you know that’s not enough?

There's an entire process to creating, implementing, & communicating your association budget. Learn more about how to simplify this process.

Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money.

The COVID-19 pandemic is presenting unique challenges to shaping a solid 2021 budget. Is your association budget on target to meet your short-term goals and help achieve your long-term vision?

A proper budget is the cornerstone of any business, and a Condominium or Homeowners Association is certainly no exception. Here are steps you can take to make the process as painless as possible.

Property taxes are a reality for all property owners, but they can petition for an appeal. Condo owners and association Boards can file a joint petition for property tax appeal to cover all units in the building.

Know what questions to ask a prospective property management company in Florida? Check out our list to ensure you have all the right information before making a choice.

Estoppel certificates are a critical part of any real estate transaction and can be confusing. What's included, how are they created, what does it all mean? Learn more here.

A great board treasurer has skills and characteristics to tackle the responsibilities of planning and strategizing the financial livelihood of a community. The right treasurer can make a big difference!

Have you and your association given some thought to fair living space within your community? It can have a profound effect on your community.