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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. -
5 Surprising Reasons to Raise Your HOA Assessments
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. -
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? -
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. -
Making Your HOA’s Money Go Farther
An important job when you are on the board of a homeowners association (HOA) is to properly manage the HOA budget. One way that you probably do this is by trying to get the highest-quality products and services at the lowest possible prices. Sure, it’s great to save a couple of hundred dollars, but what if you could save even more? Some Nevada communities have done just that. -
How Do You Manage HOA Reserves During a Crisis?
It’s vital to prepare for the future and take steps to protect your association reserve funds. Here are 3 ways to manage reserves during a crisis. -
High-rise preventative maintenance: 6 key tips
FirstService Residential offers tips on spring preventative maintenance for high-rise buildings. -
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. -
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What You and Your HOA Need to Know About Short-Term Rentals
From Las Vegas to Lake Tahoe, Nevada attracts a multitude of tourists and convention attendees. One type of lodging that has gained popularity among visitors is renting a room, a high-rise unit, or an entire house from a homeowner. This may seem like a great way for homeowners to make some extra cash while giving travelers a way to avoid the cost of more expensive hotels. However, there are a number of things to consider before deciding to rent out your home—especially if you belong to an HOA. -
6 property management benefits: Community staffing
There are numerous reasons why working with a management company can help your community achieve its vision and goals. Read on to learn 6 of the major benefits you can experience when you transition from managing your own staff to having a staff ran by a management company. -
Great Communication: The key to HOA vendor management
Vendor relationships are a large part of serving on the board of a managed community. Every community has outside partners for services like landscaping, sanitation, cable and Internet service, pool maintenance, valet services and more. Open, effective communication with the people who service your community and residents is crucial for maintaining the lifestyle your residents expect and deserve. -
How Can My Association Fund Capital Improvements?
Nothing lasts forever…and when it comes time to replace your high-rise roof, community pool or to add new amenities, your association will need to determine how to pay for it. All of these things – significant repairs and replacements, as well as new construction – are considered capital improvements. -
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. -
What are co-op loans? A comprehensive guide
In this guide, we will cover how co-op loans work, how to avoid unnecessary fees, and how to set your building up for long-term success. -
Email Communication Best Practices for Coronavirus Information
Here are some email communication best practices for your building to use when sending out communications regarding the current pandemic. -
Enforcing Condo and Co-op House Rules the Right Way
How can you ensure that shareholders/unit owners comply with the established rules without your board becoming the "building bad guys"? -
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. -
How to Hold Your Next Board Meeting Through Video Conferencing
It goes without saying that how we communicate has drastically switched from in-person contact to user-friendly digital platforms since the COVID-19 pandemic began to spread. -
Keeping Your Budget Healthy in the Age of COVID-19
As you begin to work on next year’s budget, it’s important to look for ways to save your building money to offset those unplanned expenses and potential revenue shortfalls. -
How to Keep Your Condo and Co-op Meeting on Track
With many meetings moving to telecommunications platforms like Zoom or GoToMeeting, it’s more important than ever to have a fine-tuned system for keeping your meetings organized and on track. There are steps you can take to ensure your upcoming meetings, whether they’re online or in person are effective and concise. -
Learn How To Achieve Strategic Alignment During A Crisis
It’s important that co-op and condo boards come together to achieve strategic alignment.