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Condominium Corporation Budgets: Creating a Road Map to Success
It’s budget season! Are you stressed? Concerned about a potential dues increase or a large capital project that’s looming in the future? The word “budget” can be scary, so thinking about creating next year’s budget is daunting for many homeowners boards. We’d like to change that. In fact, we don’t want you to view next year’s budget as a task at all. -
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Simple Energy Conservation Steps to Benefit Your Community This Winter
With the cold weather in the Ontario air we all would love to find ways to save money as condo owners. There are a lot of helpful tips that we as homeowners can start before winter arrives and continue during the remainder of the winter season. -
Smart Financial Planning
Safeguarding an Ontario condominium corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means that boards must protect the financial interests of the corporation and its members by making sure all funds are properly managed, invested and protected. -
Why Career Changers Should Consider Property Management Careers
Are you looking for a new career path? Why not try property management? Working as a Property Manager will allow you to connect with people to form a sense of community and help enhance their lives as residents. Learn more about how joining the property management industry could fulfill your career dreams. -
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. -
Slow and Steady: 5 Surprising Benefits of Raising Your Dues
We understand that boards don’t want to ask residents to pay higher association dues. But costs go up, despite best efforts. Learn the surprising benefits of small, steady increases to your board and homeowners! -
Texas Statute of Limitations - HOA Violations and How to Manage Them
Managing association covenant violations can easily be compared to the popular game show, “Jeopardy.” Answers to the basic questions are easy, such as how to deal with an owner’s grass being too high or trash can violations. As you progress through the game, however, you find the issues become harder and more complex. While covenant enforcement is not always so black and white, and restrictions for every community can be different, there are some basic guidelines that will make navigating through these issues a little easier. -
Annual Meetings and Special Meetings: FAQs for Homeowners Associations and Shareholders
If you’re looking for comprehensive information about the different types of association meetings, ask a seasoned board member or your property manager for information and guidance. Meanwhile, we’ve put together answers to some of the most common questions about annual and special meetings. -
Ask the Expert: Leveraging Buying Power
Watch our final episode of Ask the Expert, to learn about leveraging your buying power with Christian Mora, National Director of Procurement at FirstService Residential. -
Avoid 5 Common Texas Association Budget Mistakes
We know budget season is stressful and we want to help! Avoid common mistakes & d ownload our budget survey results to discover key areas to consider when planning next year's budget. -
Fiduciary C.P.R. for COAs - Austin's Key Takeaways for a Condo Association Budget
Discover our top takeaways around the three fiscal duties of Care, Priority, & Responsibility for your condominium association. -
Fiduciary C.P.R. for COAs - Dallas's Key Takeaways
Discover our top takeaways around the three fiscal duties of Care, Priority, & Responsibility for your condominium association. -
Fiduciary C.P.R. for COAs - Houston's Key Takeaways
Discover our top takeaways around the three fiscal duties of Care, Priority, & Responsibility for your condominium association. -
High-Rise Holidays: Staff Appreciation Bonuses
For some communities, the end of the year is a time to pass on the spirit of giving to its staff. -
HOA Budget Bloopers: 7 Missteps to Avoid
Before you begin outlining the financial steps for your community, keep these 7 HOA budget bloopers in mind. -
Municipal Duties Move to ‘Burbs as HOAs Must Step In
John Friedrichsen, Senior Vice President & CFO of FirstService Residential parent company FirstService Corporation, is quoted in USA Today about how HOAs benefit from the value-added services provided by leading professional management companies. -
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Special Assessments: Fund Your Capital Improvement: Part III
Learn about special assessments as a way to fund unexpected capital improvements -
Prioritizing and Managing Your Community's Property Maintenance and Improvement Needs
Handling day-to-day maintenance and making necessary improvements are critical responsibilities for any homeowners association (HOA). And when your serve on your association’s board of directors, they can quickly become overwhelming if you don’t have a good system in place to manage them. So how do you make sure that your maintenance staff is able to handle that long list of tasks that need to get done so that your community runs smoothly and retains its appeal? -
Quick Tips to Preparing an Annual Association Budget
The half-year mark has come and gone and we’re now staring budget preparation season in the face. With just a little preparation you can charge forward to tackle this budget with confidence. As North America’s leading association management company we are no strangers to annual budgets. In our experience the first step to successful budget planning is a little preparation. Here are a few quick tips to get you started on the right foot. -
5 Steps to the Best Reserve Study Firm
Your reserve study is important to your financial health, but how do you get one? How do you choose the right reserve study firm to conduct it? Learn more. -
'Tis the Season: Community Decor & Vendor Management
There's just something about living among a community with lights stretched around each tree that inspires a childlike enthusiasm for what lies ahead.