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Six Things to Know About the Millennial Housing Boom
According to the National Association of Realtors; Home Buyers and Seller Generational Trends' 2014 study, the Millennials constitute 31% of all new home and condo sales. Learn more about them! -
Set your association up to win with our HOA audit checklist
Every community experiences a transition from the developer to the newly independent Board of Directors. Here is a property management turnover checklist to make yours a success. -
The Surprising Way to Make Your Association’s Dollars Go the Distance
Discover some things that your management company should be doing to maximize your operating budget and keep your association fiscally fit. -
Your Next Budget in Nine Easy Steps
A proper budget is the cornerstone of any business, and a condominium or homeowners association is no exception. Budget season is here, and boards are in high gear planning. -
3 Cost Containment Strategies to Minimize Assessment Hikes
Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money. -
Budgeting in the Time of COVID
The COVID-19 pandemic is presenting unique challenges to shaping a solid 2021 budget. Is your association budget on target to meet your short-term goals and help achieve your long-term vision? -
3 ways to pay for capital improvement plans
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. -
Eight Easy Steps to Preparing a Budget that Works
Your budget should be a tool to move your community to action, and as such, it is important to follow some guidelines. Below are eight tips for preparing a budget that works. -
Five Tips for Effectively Marketing Your Association
Are there vacancies in your community? Empty homes can decrease the curb appeal of your community, lead to compliance issues and have a negative impact on your association's feeling of community. -
Keeping Your Budget Healthy in the Age of COVID-19
Learn ways your association can offset the financial impact of the COVID-19 pandemic. -
Nine Ways to Build Community Spirit
Community spirit is not something that just happens; it requires an association where residents contribute and enhance the living experience of their neighbors. -
Part 1: Electric Cars and Charging Stations - Is Your Community Ready?
Ready to trade in your gas card for some time at the charging station? If so, you'll join those who have made the switch from gasoline-powered vehicles to plug-in electric vehicles (PEVs). -
Part 2: Installing Charging Stations for Electric Cars in Your Community
Electric cars have arrived and there has been a surge of plug-in electric vehicle (PEV) purchases driving the need for charging stations. What does this mean for your association? -
5 Steps to the Best Reserve Study Firm
Nothing lasts forever and you need to have a plan to replace major items and systems before their lifespans end. How do you create that plan? Start with a quality reserve study. -
Seven Tips for Comparing and Finding a Reserve Study Firm in Georgia
Reserve studies are vital to the success of your association, which is why partnering with the right reserve study firm is critical. Here are some tips to help you find a reserve study firm. -
The Surprising Way to Make the Most of Your Association’s Budget
Discover some things that your management company should be doing to maximize your operating budget and keep your association fiscally fit. -
Upgrading Your High-Rise Amenities without Busting Your Budget
High-rise living has many perks, and high on that list is the amenities. For many home buyers, amenities can be the deciding factor when determining to buy a unit in one building over another. -
Slow and Steady: 5 Surprising Benefits of Raising Your Dues
It’s that time of year again – budget season is upon us. You know the things to consider when creating your budget, but what drives your process? Are you focused on achieving a particular vision for your community? Avoiding conflict in the community? Solely looking to avoid increasing dues? -
How preventive maintenance can keep your HOA ready for all seasons
Cold weather will soon be upon us, so now is the time for your homeowner association (HOA) to make sure your maintenance program is on track. As brutal as Chicago winters can be, you certainly don't want to discover a leak in your roof during a heavy snowfall or have a boiler stop working during a record cold spell. Don't get caught in the cold! -
Is Energy Taking a Big Bite Out of Your HOA’s Operating Budget?
You may not be able to control rising utility rates, but your condo or homeowners association (HOA) can take measures to make your energy budget go a lot further. Just follow the four strategies described in this article. They’ve already worked for many Illinois properties managed by FirstService Residential. -
Is Your Management Company a Good Communicator?
Is good communication important to your property management company? Use this questionaire to find out. -
LED Lighting Offers a Bright Way for Condo Associations to Save
Has your condo association been looking high and low for ways to save energy and money? The answer may be right over your head. Switching to LED bulbs can reduce your lighting costs by up to 75 percent. In this article, we answer common questions and shed some light on the benefits of LED lighting. -
Planning Your High-Rise Maintenance and Capital Improvements
Your association should never have to rely on a special assessment for a capital expense that could have been foreseen – or even prevented. Here are five tips to keep your Chicago high-rise condominium association's budget in the black and keep up with maintenance and capital improvements.