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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. -
Understanding the Fair Housing Act: Homeowners Association
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. -
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? -
Is Your Management Company a Good Communicator?
Is good communication important to your property management company? Use this questionaire to find out. -
What does the board secretary really do?
The Board Secretary is responsible for meeting the Association’s legal and financial obligations and maintaining the Association’s records. Depending on the Association’s requirements, some of the following tasks may need to be distributed to other Board Members or it might be necessary to appoint an assistant to the Secretary. -
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. -
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 Committees and Volunteers: 8 Tips to Rally Residents
An effective Nevada homeowners association will not only recruit great volunteers and committee members, but will empower them to help improve the community. The question is – how do you get there? -
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. -
Is Your Association Manager Equipped for Success? 3 Questions to Ask
Does your association manager have the right tools, resources and support to take your association to the next level? -
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. -
Scary Fun: Halloween Safety Tips for Your Family and Community
Halloween is right around the corner and before it arrives there are many precautions we must take to ensure our kids and community are safe. As we prepare to celebrate let’s go over a checklist of safety measures we can take to make sure the little ghosts and goblins throughout our community are safe. -
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 Planning a Successful Community Event
Community events are a great way for Condominium Corporations to bring residents together, create a sense of community pride and encourage a social and cohesive community environment! What better way to build relationships and enhance residents’ quality of life than to bring homeowners together to meet their neighbors and feel more connected and engaged with their local community. -
Why Career Changers Should Consider Property Management Careers
Are you looking for a new career path? Why not try property management? Working as a Property Manager will allow you to connect with people to form a sense of community and help enhance their lives as residents. Learn more about how joining the property management industry could fulfill your career dreams. -
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. -
How Can My Texas Condo Association Manage Holiday Package Overload?
Shopping is the hallmark of the holiday season, but the influx of packages can make any condominium association struggle to stay organized. Discover ways to handle holiday packages with ease by asking four simple questions. -
Stress-free holiday party planning tips for your community
You want to celebrate the season with family and friends, but with the holiday merely weeks away, landing a role opposite of George Clooney sounds easier than planning a holiday bash. Does it not? Well fear not! These primo party planning tips will have you singing carols over eggnog in next to no time (and for little money), all compliments of our professional party planner. -
Holiday Decorations Dos and Don’ts: HOA Rules For Holiday Decorations
How to establish decorating policies without being a grinch. Keep spirits bright this season for the whole community! -
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.