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  • Financial Statements 101 – the What, Why and How

    Your board took the time to create a solid budget your association can stick to. Now how do you regularly measure your success at doing so? Regularly generated financial statements are the best tool for keeping an eye on the fiscal fitness of your association.
  • Part 2: Electric Cars and Installing Charging Stations in Your Community

    Is installing EV charging stations the right choice for your community? If your association is considering it, consider this – you’ll not only satisfy the needs of current and future EV owners, but you’ll also enhance your property’s “green” image, which can increase property value and attract future residents. So how should your Board proceed? Start by talking to other community Board members and local community leaders to see if this issue is being addressed locally. Do your research, including consulting with a good property management company. If your community is professionally managed, your property management team can provide you with information and guide you through the process.
  • 4 HOA Strategies to Cut Costs and Maintain Assessments

    There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are four strategies to save your HOA money and keep assessments stable.
  • 2020 HOA Budget Trends: What Has Changed?

    Have HOA budgets changed in 2020? Find out what 7 trends have shaped association budget planning this year.
  • 5 Common HOA Board Blunders to Avoid

    We’ve highlighted four common board blunders and included some practical tips for avoiding them. It’s important to identify these potential blunders early to save yourself and your board time and frustration.
  • Budgeting for Your Future: Nine Steps to Make Your HOA Dollars Count

    Another budget season is here once again, and that means that the boards of homeowners associations are busy planning, analyzing—and grinding their teeth. We know that developing your HOA’s annual budget is not an easy task. However, with the guidance offered in the following nine steps, you’ll be able to get through the process more easily—and without needing to visit your dentist.
  • Financial Health Tips for Your HOA

    Maintaining your HOA’s financial health—just like maintaining your personal health—boils down to moderation and good decision making. Eating one deep-fried blooming onion every once in a while isn’t a problem. Eating three or four several times a week is. Keep your HOA financially fit with these four "health" tips.
  • 5 Surprising Reasons to Raise Your HOA Assessments

    If your main concern is to avoid increasing assessments, you may want to reconsider. As a board member, one of your primary fiduciary responsibilities is to protect property values, and assessments are an investment that helps do just that.
  • HOA Reserve Funds: 6 Tips to Improve Your Returns

    Are you getting the best returns on your reserve funds? Most Arizona board members aren’t sure. Find out six ways to improve your association’s reserve fund returns, like creating 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.
  • Seven High-Rise Insurance Tips for Associations and Unit Owners

    Many people who live in cities like Phoenix and Scottsdale appreciate the rewards that come with living in a high-rise building. Some of the unique advantages include great amenities, security and even concierge services. High-rise buildings are also unique when it comes to insurance coverage. Besides the individual policies that unit owners need to have, the building and common areas must be covered as well.
  • 6 Ways Your Board Can Improve HOA Meetings

    Having a diverse group of opinions and perspectives on your HOA board can be a great thing, but it can also lead to challenges because of conflicting personalities. To set you and your association up for success, here are 6 tips to improve board meeting dynamics.
  • The Facts about Synthetic Turf

    Considering synthetic turf for your community common areas? Understanding the facts on what it's made of, benefits and disadvantages, and how it will affect children or pets will make all the difference when determining if synthetic turf is the right choice for your community!
  • The Seven Rules of Successful HOA Budgeting

    Do you dread preparing your HOA’s annual budget as much as you dread stepping outside of your Arizona home on a summer afternoon? You’re not alone. For many HOA boards, it’s their least-favorite task. But look at it this way: You’re making sure that your HOA remains financially stable, and that’s an important job.
  • 3 Strategies to Keep HOA Assessments Stable and Add Value

    There are often valid reasons to raise assessments, but in some cases, you may want to take a different route. Here are three cost-saving strategies.
  • Does Your Strata Corporation 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 a strata corporation, where a strong sense of community can be the difference between long-standing residency and high turnover.
  • Five Ways to Make Your Strata Council Meetings More Effective

    Undoubtedly, running meetings is one of the most challenging parts of being on your strata’s council. Members sometimes get off track. Disagreements sometimes turn into arguments. Short discussions sometimes become long-winded monologues. Is there anything you can do to make your council meetings more effective?
  • Getting Your Strata’s Spring Cleaning Started

    As strata managers begin their inspection, they note the necessary repairs for winter damage as they make their rounds through the community.
  • Strata Annual Maintenance Planning Infographic

    A maintenance plan is a great tool for organizing and discussing a Strata Corporation’s property repairs and maintenance.
  • Things to Consider When Creating Your Strata’s Budget

    As a homeowner, you want to live in a place that accentuates your style – from a beautiful sense of arrival or exquisitely decorated building lobby, complete with freshly pruned trees and lush landscaping – but unless your strata council has strategically planned out your strata’s budget, you can forget all of that.
  • The Six Secrets to Building Your Strata’s Volunteer Pool

    As a council member for your strata corporation, you know that your community depends on volunteers to operate successfully. However, finding residents who are willing to be on your council, join a committee or help at an event can be challenging.
  • Depreciation Reports: What You Need to Know

    A depreciation report provides an inventory of your Strata Corporation’s common property and assets, their projected 30-year maintenance and replacement cost. It is a useful tool for Strata Councils when it comes to budgeting for capital projects and it also gives transparency for owners and buyers on the building.
  • What Goes Into Strata Fees?

    Condo living has its perks: amazing urban locations close to public transportation, being part of a community without having to do yard work or home maintenance, enjoying amenities like fitness centres, party lounges and pools at your doorstep. Just don’t forget that those perks come at a price – a monthly strata fee. What are strata fees and how are they determined?
  • 5 HOA Board Blunders to Avoid

    To set you and your association up for success, we’ve pulled together a list of common board blunders and included some practical tips for avoiding them. If you can identify these early, you may save yourself (and your board) from a lot of frustration.
Showing 1 - 24 of 374
1 2 3 4 5 Next Last Page 1 of 16