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Ask the Experts: Rising Costs in Community Association Insurance

Insurance costs are rising, and budgeting for higher insurance premiums has become increasingly challenging for associations. Learn best practices for managing insurance premium increases.

Texas Budget 101: Ultimate Word Bank of Financial Terms Your Board Should Know

Budget season is stressful, so let's start with the basics. We’ve curated a glossary of terms you need to know to tackle budgeting like a pro.

Trend Report: Multifamily Rental Leasing & Investment Activity in New York City

Though inflation and economic uncertainty continue to impact property investments and transactions, multifamily stakeholders and institutional owners remain optimistic.

Understanding condo association and HOA loans

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.

Board Member Roles: What Does My Title Mean?

What are key ingredients of a great community? Committed residents, a dedicated board and a clear understanding of everyone's roles and responsibilities, and you have the recipe for success.

Board Meetings: 5 Rules to Live By

The greatest strength of your board is the diverse perspectives of its members, but this can also present the biggest challenges. Creating the right dynamics will help your association board conduct business smoothly and efficiently.

3 Ways to Pay for an Association Capital Improvement Project

When your association has to invest in its property, whether for repairs or a new construction project, the financing for that work must be considered as carefully as the work itself.

3 Ways to Pay for an Association Capital Improvement Project

When your association has to invest in its property, whether for repairs or a new construction project, the financing for that work must be considered as carefully as the work itself.

Avoid Board Burnout: Ease Your Workload and Keep Your Sanity

Board members can be overly burdened and become burned out. Working with a quality property management company can help ease your board burden. Learn how.

Avoid Board Burnout: Ease Your Workload and Keep Your Sanity

Board members can become overly burdened and burn out. Working with a quality property management company can help ease board burden. Learn how.

Creating the best HOA budget: A step-by-step guide

Homeowners' Associations (HOAs) play a vital role in maintaining and improving the quality of life in their communities. One of the most critical responsibilities of an HOA is budgeting. A well-crafted HOA budget ensures that the community's finances are managed effectively, providing necessary services and amenities while maintaining or even increasing property values.