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In this article, we’ll discuss the main characteristics that make up high-rise living, operational and budget trends for board members, and everything you need to know if you are interested in a high-rise community!

Have HOA budgets changed in 2020? Find out what 7 trends have shaped association budget planning this year.

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.

Is your HOA ready for a crisis, or does your emergency plan need improvement? Download a complimentary guide, HOA Emergency Preparedness Guide: 8 Questions to Ask .

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.

Are you considering moving to a community with more lifestyle elements? How do you choose which one is right for you? Do you research and consider these five tips to ensure you find your perfect match!

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.

How should your HOA board handle a pandemic like COVID-19? Start by tackling these 5 questions

Is your HOA ready for a crisis, or does your emergency plan need improvement? Download a complimentary guide, HOA Emergency Preparedness.

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.

Does your association manager have the right tools, resources and support to take your association to the next level?

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.

Because on-site parking draws out strong opinions from both residents and board members, it’s imperative that associations be educated about on-site parking and understand what they can and cannot do, especially in regard to resident demands. With such a broad stretch of opinions, how do you approach on-street parking policy as an HOA member?

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.

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.

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.

Is your community interested in introducing a Strategic Community Plan? Read more to learn about the benefits of having a Strategic Community Plan in place and how to introduce them into your association.

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.

Have you ever been in a situation where you didn't know who to call when an issue in your HOA came up because you live in a sub-association of a master-planned community that has two different community management companies? This is a consistent challenge for many homeowners living in multiple managed communities.

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.

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?

As a board member, one of your principal responsibilities is stewardship of the association’s finances. A lot of that boils down to one thing: the annual budget. Unfortunately, for many board members, “annual budget” is just another term for “big headache.” It doesn’t have to be that way. By staying aware of common budgeting pitfalls, you can make the creation of your annual budget less of a hassle – and ensure an entire year of minimal money woes while you’re at it.

Is your association really prepared for an emergency? Learn how to develop an HOA emergency preparedness plan in 8 steps.

The HOA board members of your community association serve many important leadership functions. This article will discuss the role of treasurer and the impact they have on the health and future growth of your community.