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  • How the Consumer Price Index (CPI) Impacts HOA Assessments

    Nobody likes to see prices go up for things they want or need, whether it’s a plane ticket, a quart of milk or even a college degree. But as we all know, rising inflation often leads to rising costs – and that can impact the budget assessments set each year by homeowners associations (HOAs) or community associations. If your community is professionally managed, consult with your property management company for more information – a quality firm will be able to leverage its budgeting and financial experience to provide guidance. But to get you started, we’ve compiled some information about the Consumer Price Index – what it is and what you need to consider before you get started.
  • Why Millennials Matter to the Future of Your Association

    Millennials are the fastest growing group of home buyers in the US. Learn why you need to get this important demographic involved in your association today.
  • How to Choose the Right Community Banking Program

    Board members have a fiduciary duty to protect the financial interests of both their homeowners association and fellow residents – and that includes ensuring that their HOA’s operating and reserve funds are properly managed, invested and protected.
  • How to Create a Lifestyle Program Your Residents Love

    Learn how your board can create a lifestyle program that your residents will want to come home to. A thriving lifestyle program will connect your residents and help build great relationships throughout the community.
  • How to Host an Annual Meeting Your Homeowners Will WANT to Attend

    Annual meetings don't have to be boring! Learn how your community association board can entice your homeowners into attending with easy tips.
  • How to Organize Events That Feed Your Association’s Community Spirit

    Want your events to bring residents closer? Everyone loves a well-planned event, and the residents in your community association are no exception. Follow these tips for creating memorable events in your community association.
  • Here's How to Plan an Effective Association Budget for Your Community

    Preparing your association’s annual budget...it can be a source of stress, but more importantly, it’s a valuable opportunity to ensure the financial well-being of both your association and homeowners. Proper association management hinges on this financial tool for both short-term and long-term planning, so it’s important to follow some guidelines.
  • How to Save with Bulk Buying Strategies

    As consumers, we’re familiar with saving money by purchasing products like food and household goods in bulk. But, can this same savings model be applied to the purchases and operational costs of a homeowner association (HOA), condominium or community association?
  • How to Secure the Best Insurance Coverage for Your Community

    As a community association board member, the countless hours you volunteer go toward assisting with a very important objective – creating a safe and vibrant community. In many cases, this means assessing your association’s insurance policies to guarantee that your community is fully covered, appropriately insured and receiving the best value for the cost.
  • Increasing HOA Volunteerism By Effectively Engaging Homeowners

    Regardless of the size of your community, or where it’s located, there is always one thing that every community association board and committee needs: resident volunteers. Unfortunately, however, volunteers are often a scarce resource.
  • What to Know When it Comes to the Basics of Community Pool Insurance

    Swimming pools are one of the most common, and most desirable, amenities in communities. Making sure to have proper community pool insurance coverage.
  • Maintenance and Repairs vs. Capital Improvements – What’s the Difference?

    Maintaining your buildings’ assets is not a one-size-fits-all proposition. The common areas require a broad range of routine maintenance and repairs to keep them looking good and operating smoothly.
  • Making a Difference One Face Mask at a Time

    Learn how associates, residents and board members are making a difference in their communities, one face mask at a time, during the COVID-19 pandemic.
  • Monster Meetings - Stick to the Rules to Control Meetings

    While association meetings usually run smoothly, Board members with differing opinions and agendas can create tension and stress. The good news is that by following standard procedure protocols, Board meetings can be run without a hitch. In this article from chicagocooperator.com, FirstService Residential VP Patricia Bialek of Illinois summarizes "Roberts Rules of Order" and explains how Board presidents can use them to keep meetings under control.
  • Nine Essential Tips About Conflicts of Interest

    It’s a term that gets tossed around quite a lot. But “conflict of interest” is a real and genuine threat to your association and its proper stewardship. Understanding what the term means – as well as how to recognize and avoid conflicts of interest– can go a long way toward ensuring the strength and stability of your community and eliminating many concerns.
  • FirstService Residential Executive Discusses Offbeat Second Home Investment Locations and Trends

    While exclusive communities like the Hamptons or Malibu will always be attractive locations for affluent vacation home buyers, several new trends are emerging in the growing second home market.
  • 5 Steps to the Best Reserve Study Firm

    In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length.
  • Seven Tips to Finding a Reserve Study Firm

    Your reserve fund is what helps your association anticipate its future– and budget for it, too. This fund gives you the power to maintain the quality of your community by allowing for projects that are both necessary and expensive (like a future roofing or paving project, for instance).
  • Six Steps to Putting More Play in Your Neighborhood

    All too often, when we talk about enhancing our communities, we focus mostly on what’s right for the adults. The reality is many of our community residents are children. And let’s face it: if it’s good for kids, then the grownups will probably feel pretty good about it, too.
  • Six Ways to Maximize Committees

    Community members join committees because they want to make a difference. That’s great, but sometimes, as they say, life gets in the way. Let’s not forget that committee members are all volunteers, which means it might take something a little extra to keep them motivated.
  • Slow and Steady: 5 Surprising Benefits of Raising Dues

    It’s that time of year again – budget season is upon us. You know the steps to creating your budget, but what drives your process?
  • Socially Distant Celebration During COVID-19

    Learn how community members are making a difference in their communities with socially distant celebrations during COVID-19 spring holidays.
  • Want to Start a Neighborhood Watch Program? Here are Some Important Considerations

    Neighborhood Watch programs can provide significant benefits to communities – after all, they boost community awareness, communication and involvement, while reducing opportunities for neighborhood crimes to occur. But if you’re interested in getting started, there are many important factors to consider. Here’s an overview.
Showing 49 - 72 of 440