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There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are four strategies to save your HOA money and keep assessments stable.

If your main concern is to avoid increasing assessments, you may want to reconsider. As a board member, one of your primary fiduciary responsibilities is to protect property values, and assessments are an investment that helps do just that.

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:

Are you really getting the best returns on your reserve funds? Most board members aren’t sure. Learn six ways to improve your reserve fund returns.

Around the world, the property and casualty insurance industry experienced record losses from 2016 to 2019, and consumers are now feeling the effects on both a macro and micro scale.

Legislative matters impact community associations. FirstService Residential advocates for the associations in the Florida legislature. Learn more about the most important 2021 bills and updates!

To help boards and shareholders navigate the legal and logistical nuances of virtual annual meetings, our property management experts have assembled a collection of best practices that address the most common concerns and logistical hurdles.

Robust automation software can help boards and building owners in New York City satisfy local law compliance deadlines and inspection cycles.

In this article, we’ll cover everything you need to know to tackle special assessments effectively and help your community remain financially stable in the long run.

Does your homeowners association have adequate staff for the services that you provide? Learn how to staff your community effectively.

Insurance premiums are on the rise. Find out why the markets are hardening and find the right coverage for your Arizona association.

Insurance premiums are on the rise. Find out why the markets are hardening and find the right coverage for your California association.

Ensuring the longevity and prosperity of your association requires strategic planning and responsible financial management. In this article, we will delve into the importance of raising HOA special assessments, the best methods for doing so, and the optimal timing for implementing changes.

What is a reserve study? Reserve funds and reserve studies are critical components of the budgeting process that help ensure the long-term financial security of your community.

Raising assessments can keep your association healthy (and help boost property values). Read on to learn why, how and when to raise HOA assessments.

FirstService Residential helps condo and co-op boards navigate CMA compliance, avoid costly fines and identify incentive programs that reduce the cost of building upgrades.

Local Law 97 impacts roughly 50,000 buildings across the city, a majority of which are multifamily residential properties.

Is your HOA reserving enough funds for the future? Go beyond the basics of reserve funds and learn how to maximize your investments.

With an effective reserve-fund strategy, boards can properly plan for unplanned equipment replacements and repairs to building systems and facilities.

Want to keep your HOA or high-rise in tip-top shape for current and future residents? Learn how to plan and pay for maintenance and capital improvements.

As a board member, one of your top responsibilities is to maintain and improve your community’s physical property. But it can be tricky to budget for new amenities like a dog park or gate houses, or shared, common-area assets that will need to be replaced or upgraded years down the line such as roofing or building facades.

As a board member, one of your top responsibilities is to maintain and improve your community’s physical property. But it can be tricky to budget for new amenities like a dog park or gate houses, or shared, common-area assets that will need to be replaced or upgraded years down the line such as roofing or building facades.

As a board member, one of your top responsibilities is to maintain and improve your community’s physical property. But it can be tricky to budget for new amenities like a dog park or gate houses, or shared, common-area assets that will need to be replaced or upgraded years down the line such as roofing or building facades.

As a council member, one of your top responsibilities is to maintain and improve your community’s physical property. But it can be tricky to budget for new amenities like a dog park or gate houses, or shared, common-area assets that will need to be replaced or upgraded years down the line such as roofing or building facades.