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Reserve Fund, Assessment or Loan: How to Pay for Capital Improvements
Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons. -
Condo Capital Improvements: Lending Solutions for Condominium and Co-op Boards
FirstService Residential and FirstService Financial work in tandem to help our clients successfully finance capital improvement projects and save money without compromising quality of service. -
Are EV Charging Stations Worth the Investment?
FirstService Energy's experts answer common questions about EV chargers, including costs, incentives, revenues, and curb appeal. -
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: -
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? -
Reserve Funds, Assessment, or Loan: 3 Ways to Pay for a Capital Improvement Fee
Great capital improvements lead to better property values. Read on to see the three ways to pay for them and the pros and cons for each. -
Smart Financial Planning
Safeguarding a strata corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means strata councils must protect the financial interests of the strata corporation and its members. -
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? -
Reserve Funds, Assessment or Loan: 3 Ways to Pay for Capital Improvements
Strategic capital improvements lead to better property values. Read on to see the three ways to pay for them and their pros and cons. -
Are You a Snowbird Heading South for the Winter? Learn How to Prepare Before Flying the Coop!
Do you escape to warmer weather down south once there’s a chill in the air and the leaves start to turn? If you’re a snowbird (or Winter Texan!), you need to know how to protect your home up north while basking in the southern sunshine -
FirstService Residential is Growing and Hiring; Positions Include Property Managers, #2 Happiest Job
According to Forbes.com, Property Managers are tied for the #2 spot on the list of Happiest Jobs in America. Coincidentally, thanks to our continued growth and success, FSR is currently recruiting for several Property Manager positions. If you’re a quality professional seeking an outstanding career with the industry leader, check out all of our open positions (happiness included). -
Four ways to fund an HOA capital improvement project
Living in a residential community means around-the-clock routine maintenance to preserve the community and its assets. But there comes a time when one of your assets will reach the end of its useful life and require a replacement or significant repairs. -
Creating community policy: How to enforce the rules of a community
Good rules make good community members. The most important factors in association policy making, whether for a condo, co-op, townhome or master-planned community, are clarity and sensibility. The board must be clear – and united – on the policy being created and then must communicate that policy to all residents. Whether the policy is about overnight guest parking, designated smoking areas, amenity usage or approved flooring, the basic steps to creating good policy and enforcing it successfully are the same. It’s important that everyone involved, including board members, residents and the management team, understand who is responsible for the various roles that are part of policy creation, enforcement and compliance. -
5 HOA annual meeting requirements to keep your meeting on track
Your board should give residents the opportunity to have their voices heard, but you also have a responsibility to keep the meeting moving forward. Use these 5 HOA annual meeting requirements to stay on track. -
Maintenance and Repairs vs. Capital Improvements – What’s the Difference?
Maintaining your buildings’ assets is not a one-size-fits-all proposition. The common areas require a broad range of routine maintenance and repairs to keep them looking good and operating smoothly. -
Property Management Jobs: The Best-Kept Hospitality Career Secret
If you’re a recent (or about-to-be) college grad looking for your perfect career fit, here’s a helpful checklist to help you narrow down your choices: -
5 steps to choosing the best reserve study specialists
In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length. -
How to become a licensed community association manager
What did you want to be when you grew up? Like many children, you may have dreamed of becoming a doctor, teacher, firefighter, pilot, basketball player, ballerina or policeman. Maybe you wanted to be a movie actor, astronaut, rock star or even the president. But we’re guessing there are a few professions that probably didn’t make your short list… property manager or community association manager (CAM). -
5 Ways to Encourage a Sense of (the Larger) Community in Your Association
Your association doesn’t function in a vacuum. It’s part of a larger community. Having members actively engaged in your town or city is good for the association and adds to residents’ sense of community. Find out what your board can do to encourage residents to get more involved in their larger community. -
Reasons to become a community association manager
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! -
Should you consider a career in property management?
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. -
3 Ways to Pay for an Association Capital Improvement Project
When your association has to invest in its property, whether for repairs or a new construction project, the financing for that work must be considered as carefully as the work itself -
Is Installing Electric Vehicles Charging Stations the Right Choice for Your Community?
The number of plug-in electric vehicles (PEVs) on the road is quickly growing, which means the need for conveniently located battery charging stations is also on the rise. What does this mean for your association?