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  • Beware of These Five Budget Busters

    As a board member, one of your principal responsibilities is stewardship of the association’s finances. A lot of that boils down to one thing: the annual budget. Unfortunately, for many board members, “annual budget” is just another term for “big headache.” It doesn’t have to be that way. By staying aware of common budgeting pitfalls, you can make the creation of your annual budget less of a hassle – and ensure an entire year of minimal money woes while you’re at it.
  • Five Qualities of an HOA Treasurer

    The HOA board members of your community association serve many important leadership functions. This article will discuss the role of treasurer and the impact they have on the health and future growth of your community.
  • 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 for increasing HOA assessment fees

    The concept of raising HOA assessment fees can be a sensitive issue. Read our article to learn how to do so without stepping on people's toes.
  • Four Financial Questions to Ask Your Community Management Company

    Financial stewardship ranks near the top of the list of responsibilities for HOA board members. This requires proper allocation of association funds to ensure they are protected and FDIC insured, while earning the best possible rates. Adequate insurance coverage also factors into the equation. It’s a challenging balancing act, but asking the right questions can help.
  • 8 Tips for Great HOA Committees and Volunteers

    A healthy and effective California homeowners association will not only find great volunteers and committee members, but will empower them to drive positive change in the community. How can your association make this happen?
  • How to Future-Proof Your Association’s Finances

    Whether your HOA is an amenity-driven active adult community or an emerging single-family home community, future financial stability is always a top-of-mind concern. And while it may seem like your everyday operating budget is the ultimate priority, a well-funded reserve is the key to helping your community thrive well into the future.
  • Investing HOA Reserve Funds: 6 Tips to Improve Your Returns

    Are you getting the best returns on your reserve funds? Most California board members are not sure. Here are six ways to improve your reserve fund returns and create an HOA investment policy.
  • 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.
  • Selecting Your Reserve Study Firm: Seven Essential Steps

    Your reserve study gives you the power to maintain the quality of your community by allowing for projects that are both necessary and potentially expensive. Establishing this fund can get a little complex. But you don’t have to be a fortune teller to read the future of your association. You simply need a good reserve study firm to help. Here’s how you can find one.
  • HOA Budget: Seven Best Practices for HOA Budgeting

    Creating your HOA budget involves many considerations. It’s not simply a month-to-month accounting for expenses. Ideally, it’s a both a short-term and long-term blueprint for sustained financial health. Offset rising costs and high interest rates with these 7 HOA budgeting tips.
  • 3 Strategies to Keep HOA Assessments Stable and Add Value

    There are often good reasons to raise assessments, but in some cases, you may be able to take a different route. Here are three strategies to help save your HOA money and keep assessments stable.
  • HOA financial management: Tips for greater financial strength

    So what’s the most important aspect of your community? Is it aesthetics? Sense of belonging? Neighbors knowing neighbors? Desirability to home buyers?
  • Twelve things to know about HOA board of directors insurance

    Are you an insurance expert? Unless you sell it, the answer is probably “no.” But if you’re a member of your HOA’s Board of Directors, it’s a really smart idea to have a basic understanding of the policy that protects your association from liability.
  • How to find a good insurance agent: 15 things to consider

    You’re a member of your community association’s board, and it’s time to review your current insurance policies and providers. While it may be tempting to maintain your current relationship, you may find that significant savings can be found when you shop around.
  • Five ways to improve board member communication in your HOA

    How well your board communicates has a tremendous impact on your community association. Great communication can lead to better relationships with residents – both homeowners and renters – and helps build a stronger sense of community.
  • Planning your community budget: Six tips to follow

    Experienced property managers have created countless budgets, and they’re familiar with the best practices entailed in creating one that helps your community accomplish its goals. So to help you get started, here are six community budget basics you can follow.
  • FAQs for annual meeting and HOA special meeting notice

    Annual and special meetings can have their own set of rules and needs. Read on to learn more about these two important types of meetings for your HOA or condo association board.
  • Coronavirus HOA Communications Strategies to Residents

    Developing a comprehensive HOA communications strategy during this pandemic will help your board members and management team inform the community in a timely manner.
  • Five tips for HOA snow removal

    Despite what the meteorologist on your nightly news might tell you, it’s actually pretty hard to predict the weather. And that means it’s difficult to anticipate how much you’ll be spending on snow removal this year.
  • Four things to know about HOA board member insurance

    How much do you know about community association insurance? Every community’s bylaws and declarations include requirements to provide homeowners association insurance coverage, and Board members have a fiduciary duty to protect the best interest of their HOA and owners. Additionally, associations are under pressure to find the least expensive homeowners association insurance options available. But there is a caveat – in community insurance, as in most things, buyer beware – not all policies are alike, and if you neglect certain types of coverage, you may end up paying a much higher price.
  • Four ways to maintain your HOA financial fitness

    Keeping your homeowner association (HOA) or community association’s finances healthy works the same way as staying physically fit: don’t overindulge and make smart choices. And the upside is that the only thing you’ll have to exercise is good judgment. Here are some tips to help you do just that.
  • Understanding virtual board meetings in your HOA and COA

    Given the unprecedented practice of "social distancing," now may be the best time to find the right video conferencing platform for your association.
Showing 25 - 48 of 500