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Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
Reserve Fund Studies are based on the assumption that components will reach their maximum useful life. However, if a preventative maintenance plan doesn’t accompany your reserve study, it’s highly unlikely some components will ever reach their maximum useful life. -
Staying Ahead of Your Condo Corporation’s Maintenance and Improvement Projects
Continually maintaining and improving your property is crucial if you want to protect your condominium corporation’s financial health. To ensure that these important responsibilities are well managed requires a long-term plan and a means of effectively handling day-to-day projects. Here’s how you can make that happen. -
Getting the Right Training to Be a Successful Board Member
Most people who join the board of their condominium corporation aren’t experts. Rather, they are well-intentioned, dedicated volunteer-leaders who want to protect property values and ensure their community continues to be a great place to live. If you’re a new board member – or even a seasoned one – it’s important to get the training you need to govern effectively and address the issues you may face. -
Protect Your Pipes: Avoid Catastrophe in Your Condo Association This Winter
When the temperature dips far below freezing, you'll want to be sure your pipes are well-insulated. -
Why a Roof Leaks After a Snowfall – and What Can Be Done
Your residents are calling on about water leaks after a snowfall. Could an ice dam on the roof be the culprit? -
Local Law 152: Updated Requirements for Boards and Buildings
Is your building prepared for Local Law 152 gas piping inspections? FirstService Residential recommends getting ahead of schedule to avoid unforeseen deficiencies and costly fines. -
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. -
Tax Certiorari: Fast Facts for Boards and Owners in New York City
FirstService Residential managed properties have access to the tax certiorari experts at Goldberg Weprin Finkel Goldstein LLP, the premier firm in this specialized field. -
FISP (Local Law 11) - Understanding Cycle 9 Requirements in NYC
FirstService Residential has invested substantial resources to facilitate each of our managed properties with facade inspections and is here to help you navigate the many intricacies of FISP. -
4 HOA Strategies to Cut Costs and Maintain Assessments
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. -
Can Your HOA Handle a Crisis? 8-Step Emergency Preparedness Plan
Is your association really prepared for an emergency? Learn how to develop an HOA emergency preparedness plan in 8 steps. -
Your HOA Board and Coronavirus: 5 Questions to Discuss
How should your HOA board handle a pandemic like COVID-19? Start by tackling these 5 questions. -
HOA Committees and Volunteers: 8 Tips to Rally Residents
An effective Utah 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? -
Reserve Fund? Special Assessment? Loan? 3 Ways to Fund 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 HOA (Really) Prepared? 13 Questions to Assess Your Maintenance Plan
Avoid facing surprise HOA maintenance costs. Here are 13 questions to ask about your preventive maintenance plan. -
Ask the Expert: Severe Storm Recovery
Join Leah K. Burton and Brady Ortego of RMWBH for an Ask the Expert discussion about the laws you should be aware of, liability claims and insurance questions. -
Is Your HOA Maintenance Plan Proactive or Reactive? 12 Questions to Ask
Are you asking the right questions? A strong maintenance plan can be the difference between a well-run and run-down Arizona association. -
HOA Maintenance Checklist: Planning and Paying for Property Improvements
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. -
FAQs - High-Rise Insiders: Structural Integrity
Get answers to frequently asked questions from our recent High-Rise Insiders: Structural Integrity webinar to help your association increase building safety for your COA residents. -
Ask the Expert: ACC Board Hearings
Join Devin "Buck" Benson of Barton Benson Jones, PLLC for an Ask the Expert discussion about how best to prepare for and execute new ACC Board Hearings stemming from recent Texas legislation. -
Flood Insurance for Condos and Co-ops in New York City
The rising cost of flood insurance and forthcoming changes to FEMA flood maps is a topic of discussion for condos and co-ops in the New York City area. -
Navigating the basics of homeowners association insurance
Homeowner's associations (HOAs) have many responsibilities that can be difficult to keep up with. One of the main ones is selecting community association insurance. HOA’s should carefully consider the type and extent of coverage they purchase from an insurance provider. The right policy can help protect your investment while minimizing risk. -
New York City Council Extends Local Law 152 Inspection Deadlines for Boards & Building Owners
As of November 2021, the New York City Council has extended Local Law 152 gas pipeline inspection deadlines for boards and building owners through June 30, 2022. -
How an HOA Preventative Maintenance Plan Can Keep Your Community From Walking on Thin Ice
Cold weather is upon us, so now is the time for your HOA to make sure your maintenance program is on track. Read this article to learn more.