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To Self-Manage or Not? How to Get the Best Property Management Service.
Some self-managed associations believe they can't afford to hire a professional property management company to manage and maintain their community's operations, assets, finances, common areas and other day-to-day activities. However, as you'll learn in this article, a professional property management company is one thing many communities can't afford to be without. -
Understanding Community Association Reserves and Reserve Studies
One of the most important responsibilities your community's board of directors faces is effectively planning for major common-area repairs and replacements. Whether a costly expenditure is needed in a few years or not for 20, it’s the board’s fiduciary duty to make sure your community association has adequate funds when the time comes. That’s where reserve funds come into play. -
True Financial Stability
A strong, healthy association requires every facet of property management to work in sync toward one common goal...true financial stability. -
4 Tips to Improve How Your Board Communicates the HOA Budget
Developing the annual budget for your homeowners association (HOA) is one of your board’s most important jobs. It requires hard work and often means making difficult decisions about spending. At times, homeowners may question some of those decisions or even vehemently disagree with them. -
Does Your HOA Have A Plan For Fostering A Sense Of Community?
Humans are social creatures with a deep-seated yearning for connection and community. This is particularly evident in an HOA, where a strong sense of community can be the difference between long-standing residency and high turnover. -
Five Steps to Running More Effective HOA Board Meetings
One of the most challenging aspects of being on the board of your homeowners association (HOA) can be running board meetings. It’s not always easy to keep everyone tuned into the business at hand. In addition, you have to manage the inevitable disagreements among board members. How do you keep these meetings running smoothly? -
The Six Secrets to Building Your Community Association's Volunteer Pool
Your community association depends on volunteers to operate successfully. However, finding residents who are willing to be on your board of directors, join a committee or help at an event can be challenging. -
Avoid These 5 HOA Board Blunders
To help you avoid the most common board blunders, we’ve identified four mistakes and some practical ways to avoid them. By preventing blunders, you can help steer your board in the right direction, which can ultimately help improve your overall community. -
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 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. -
6 Questions for Self-Managed Associations to Consider
As a self-managed association, do you need a management partner? Before making that choice, ask these 6 questions. -
Six Ways to Have a Better Board Meeting
Improved board meetings play a crucial role in building up your association’s reputation and relevance in the market, which ultimately helps improve property values. Learn the six principles for better board meetings. -
3 Ways to Resolve HOA Disputes and Community Conflicts
How do you resolve community conflict, prevent costly and time-consuming litigation and maintain a great reputation in the Nevada marketplace? Consider these three methods of alternative dispute resolution (ADR). -
Managing Waste for a Greener Community
With a growing focus on proper environmental stewardship, many associations are working toward implementing green initiatives. -
Email Communication
You may be unaware that you are opening up all of your emails to scrutiny. When using a personal or work email address to conduct association business, there is a potential liability involved. -
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. -
CoStar-Deluge of Packages Has Apartment Landlords Scrambling for Options
Apartment landlords and property managers are increasingly offering an amenity that’s become a necessity for some tenants, particularly during the holiday season: package delivery management. -
From Beagles to Boxers: How to Take Care of a Dog in an Apartment
Here are some important tips and tricks to help keep both you and your furry friend healthy and happy. And as always, be sure to consult your vet or local breeder about how much daily activity is appropriate for your canine pal. -
Commercial Observer-Grading Buildings on Energy Consumption
A new law will require residential and commercial buildings to prove their energy efficiency -
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. -
Adoption of NYC Local Law 147 Smoking Policy: Memorandum from General Counsel Ben Kirschenbaum
NYC's latest Local Law #147/2017 requires all owners of class A multiple dwellings, including all coops and condos, to adopt a “smoking policy” no later than August 28, 2018. The purpose of implementing such a policy is to outline the requirements of this law so board members may consider how their coop or condo will comply.