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Making Your HOA’s Money Go Farther
An important job when you are on the board of a homeowners association (HOA) is to properly manage the HOA budget. One way that you probably do this is by trying to get the highest-quality products and services at the lowest possible prices. Sure, it’s great to save a couple of hundred dollars, but what if you could save even more? Some Nevada communities have done just that. -
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. -
Preventative Maintenance Tips for High-Rise Buildings
FirstService Residential offers tips on spring preventative maintenance for high-rise buildings. -
6 Questions for Self-Managed Associations to Consider
As a self-managed association, do you need a management partner? Before making that choice, ask these 6 questions. -
3 Strategies to Keep HOA Assessments Stable and Add Value
There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are three strategies to save your HOA money and keep assessments stable. -
What You and Your HOA Need to Know About Short-Term Rentals
From Las Vegas to Lake Tahoe, Nevada attracts a multitude of tourists and convention attendees. One type of lodging that has gained popularity among visitors is renting a room, a high-rise unit, or an entire house from a homeowner. This may seem like a great way for homeowners to make some extra cash while giving travelers a way to avoid the cost of more expensive hotels. However, there are a number of things to consider before deciding to rent out your home—especially if you belong to an HOA. -
6 Major Property Management Benefits to Having a Management Company Manage Your Staff
There are numerous reasons why working with a management company can help your community achieve its vision and goals. Read on to learn 6 of the major benefits you can experience when you transition from managing your own staff to having a staff ran by a management company. -
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. -
How Does Your Community Rate?
Do you know how your community rates to newer communities? What can you do to change your image? Find out how you can be keep your rating up in this new article by Erin O'Reilly that was featured in Management Trends. -
Bisnow Interviews Dan Wurtzel, President of FirstService Residential New York, for ‘Beyond the Bio’ Executive Series'
Dan Wurtzel, President of First Service Residential’s New York office, was recently featured in Bisnow’s ‘Beyond the Bio’ series. -
Fast Facts About the Tax Certiorari Process in New York City
Everything you need to know about the tax certiorari process in New York. -
How A Property Management Company Helps to Rebuild After New York City Hurricanes
A powerful hurricane can devastate even those communities that have made all of the preparations that it can. When this happens, the road to recovery and rebuilding can feel long. Fortunately, a great property management company can help. With best practices in place and the help of an experienced team, even the most insurmountable damage can be mitigated, repaired and reversed. -
Keeping Your Budget Healthy in the Age of COVID-19
As you begin to work on next year’s budget, it’s important to look for ways to save your building money to offset those unplanned expenses and potential revenue shortfalls. -
Why Should You Increase Your Condominium Maintenance Fees?
Maintenance fees are an investment in the future of your building. Don’t be afraid to increase co-op or condo fees slowly and steadily to maintain high property values. -
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. -
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. -
Condo Board Communication: Communicate so Condo Residents Listen
Are residents in your condominium corporation always aware of upcoming events, construction projects and board meetings? Do they understand their responsibilities and the policies they need to comply with? -
How to Improve Communication in Your Condo Corporation
As a homeowner, you can make communication in your condominium corporation better. Find out how to do your part. -
Is Your Management Company a Good Communicator?
Is good communication important to your property management company? Use this questionaire to find out. -
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.