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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. -
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? -
Reserve Funds, Assessment, or Loan: 3 Ways to Pay for a Capital Improvement Fee
Great capital improvements lead to better property values. Read on to see the three ways to pay for them and the pros and cons for each. -
Board Secretary Duties - The Essentials
A board secretary has many responsibilities. Read more on the essential duties that comprise a secretary's scope of obligations. -
Understanding loans for HOAs and condo associations: A financing guide
Homeowners associations (HOAs) and condo associations play a crucial role in maintaining the aesthetic appeal and functionality of residential communities. However, managing the financial aspects of these associations can be challenging, especially when unexpected expenses arise. -
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 problems & board mistakes 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. -
Avoiding Community Conflict: Best HOA Practices for Dispute Resolution
How do you prevent conflict, avoid costly litigation and maintain a great resident experience in your community? Start by adopting these best practices for dispute resolution. -
Is HOA Agreement a Unicorn? 3 Boards Share What It Takes
While maintenance, events, committees, and budget are all crucial aspects of managing a homeowners’ association, there's one even bigger challenge that board members face: HOA agreement and alignment. Read on to discover the secret to successful alignment among diverse individuals with distinct values. -
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. -
Creating a New HOA Policy Without Making Enemies
Whether you are addressing overnight guest parking, or approved flooring, the basic process for creating good policies and enforcing them successfully are the same. Consider these eight steps when establishing an HOA policy. -
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 Myths About HOA Board Decision Making
Solving for these 5 common myths can help you improve your decision-making process and align as a board. Read on to learn more. -
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. -
Five Tactics to Transform from HOA Board Member to Community Leader
What steps do you need to take to go from volunteer to community leader? Start with these five tactics, which can make a big impact on how you fulfill your duties and affect how residents and other board members perceive you. -
Helping Your HOA Board Stay Productive and Successful
There are 4 key areas to focus on if you want to ensure that your HOA Board of Directors is productive and successful. This article offers a review of each one. -
Beyond HOA Board Orientation: Five Subjects to Master
Better resident experiences, improved reputation and even enhanced property values are possible through continued learning. Knowledge is power, and that’s especially the case when it comes to being a successful association board member. Learn how your continued education can pay dividends for your association. -
Reserve Funds: HOA Budgeting 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. -
Limiting HOA Liability and Confronting Conflict
As an HOA member, you’re often confronted with a variety of legal issues and gray areas concerning residents. The issues you face will vary, but they often boil down to disagreements between a homeowner and your association, or a dispute against another resident. To help you face the potential for legal issues going forward, we’ve compiled some best practices for dealing with conflict resolution. -
Maintenance, Capital Improvements, Useful Life: Is Your HOA Prepared?
Not sure which components you should fix and which you should replace entirely? You're not alone. Get the answers to some of your top questions about maintenance, capital improvements, and useful life. -
Is Your Association Manager Equipped for Success? 3 Questions to Ask
Does your association manager have the right tools, resources and support to take your association to the next level? -
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. -
Protecting Your HOA From Cyber Attacks, Part 1: The Role of Residents
Ignorance is not bliss, especially when it means potentially leaving your homeowners association (HOA) at risk of a cyber attack. And that’s exactly what you’re doing if you don’t recognize that your HOA is as much of a target as any other small business.