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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.

Water conservation is on the minds of all California homeowners. As summer is quickly approaching, homeowner association (HOA) leaders throughout California need to be proactive in making the necessary changes within their communities.

Financial stewardship ranks near the top of the list of responsibilities for HOA board members. This requires proper allocation of association funds to ensure they are protected and FDIC insured, while earning the best possible rates. Adequate insurance coverage also factors into the equation. It’s a challenging balancing act, but asking the right questions can help.

Whether your HOA is an amenity-driven active adult community or an emerging single-family home community, future financial stability is always a top-of-mind concern. And while it may seem like your everyday operating budget is the ultimate priority, a well-funded reserve is the key to helping your community thrive well into the future.

Are you getting the best returns on your reserve funds? Most California board members are not sure. Here are six ways to improve your reserve fund returns and create an HOA investment policy.

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.

Homebuyers are motivated to buy a new home and move to a new community for a wide variety of reasons – perhaps a desire to downsize, upsize, relocate closer to family and friends, or enhance their quality of life. But while those factors will always be important, there are two additional considerations many people find compelling – community amenities and programs for lifestyle communities. Read on for more details.

Take a drive on any major interstate in California and it will be difficult to drive any distance without passing, or being passed, by an electric vehicle. In fact, nearly a half-million plug-in electric vehicles (PEVs) have been purchased in the US over the past five years. Read this article to see if your HOA is ready for this new trend.

Your pool is a source of fun for all of your community’s residents. Yet when it comes time to resurface it, it can quickly feel like your wading in deep water. Read our tips from experts on the pros and cons of plaster and paint.

Your reserve study gives you the power to maintain the quality of your community by allowing for projects that are both necessary and potentially expensive. Establishing this fund can get a little complex. But you don’t have to be a fortune teller to read the future of your association. You simply need a good reserve study firm to help. Here’s how you can find one.

Creating your HOA budget involves many considerations. It’s not simply a month-to-month accounting for expenses. Ideally, it’s a both a short-term and long-term blueprint for sustained financial health. Offset rising costs and high interest rates with these 7 HOA budgeting tips.

There are often good reasons to raise assessments, but in some cases, you may be able to take a different route. Here are three strategies to help save your HOA money and keep assessments stable.

Eco friendly high-rise initiatives are not only good for the environment, but can be green for your association budget. How does close to $50,000 in annual savings sound? Here are suggestions you can implement for little to no cost.

Many people want to live in a community that has a swimming pool, and if there’s one in yours, you know what kind of value it brings. While it’s great to think of all those hot days when you and your neighbors can enjoy an afternoon in the water, with it comes many responsibilities community association board members must adhere to that go beyond staying cool or keeping in shape.

So what’s the most important aspect of your community? Is it aesthetics? Sense of belonging? Neighbors knowing neighbors? Desirability to home buyers?

Are you an insurance expert? Unless you sell it, the answer is probably “no.” But if you’re a member of your HOA’s Board of Directors, it’s a really smart idea to have a basic understanding of the policy that protects your association from liability.

You’re a member of your community association’s board, and it’s time to review your current insurance policies and providers. While it may be tempting to maintain your current relationship, you may find that significant savings can be found when you shop around.

The budget is the launchpad for all of the board’s initiatives. It is more than a series of numbers; it’s the framework for accomplishing your community’s objectives. That’s what makes it so important.

Having a swimming pool, a fitness area, or even a place to hold rooftop parties for residents are perks that can make any community stand out. But how does a community association board handle and operate those features?

NYC's Organic Food Waste Recycling Pilot Program includes Morningside Heights Housing Corp., a cooperative building managed by FirstService Residential’s New York office. This exciting program is designed to reduce the amount of post-consumer waste sent to landfills.

Over the past five years, nearly a half-million U.S. cars in this country have been able to zip right past gas stations – and it’s not because they’ve always had a full tank of gas. That’s how many plug-in electric vehicles (PEVs) have been purchased in this country since December 2010, when the first mass-market PEVs – the Nissan Leaf and Chevy Volt – made their much-heralded debut. Learn more about PEV's in order to ready your HOA.

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.

Should community associations implement energy efficiency measures? Most Board members and residents think so, but making conservation a reality can be a challenge. In a recent issue of Condo Management, FS Energy’s Chris Normandeau offers ways communities can take energy efficiency from principle to practice.

Homebuyers are motivated to buy a new home and move to a new community for a wide variety of reasons – perhaps a desire to downsize, upsize, relocate closer to family and friends, or enhance their quality of life. And when it comes to which new home and community to choose, there are nearly as many variables to consider, such as cost of living, location, layout and the quality of the community association and professional management company, to name a few. But while those factors will always be important, there are two additional considerations that, for many people, are even more compelling – community amenities and programs for lifestyle communities.