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5 Surprising Reasons for an HOA Assessment Increase
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 Ways Your HOA Should Tackle Water Conservation
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. -
Four Financial Questions to Ask Your Community Management Company
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. -
HOA Agreement: 4 Tips to Promote a Functional Board
How do you tackle alignment as a group of diverse individuals with unique values? Follow these four tips on HOA agreement to find out. -
8 Tips for Great HOA Committees and Volunteers
A healthy and effective California homeowners association will not only find great volunteers and committee members, but will empower them to drive positive change in the community. How can your association make this happen? -
How to Future-Proof Your Association’s Finances
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. -
Investing HOA Reserve Funds: 6 Tips to Improve Your Returns
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. -
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. -
Selecting Your Reserve Study Firm: Seven Essential Steps
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. -
HOA Budget: Seven Best Practices for HOA Budgeting
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. -
3 Strategies to Keep HOA Assessments Stable and Add Value
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. -
Tips for Eco-Friendly High-Rise Living
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. -
10 Steps on How to Plan a Community Event
You’re planning an event for your homeowner (HOA) or community association. Congratulations! After the initial excitement comes growing panic, right? Well, not necessarily. -
10 Ways Toward Greater Financial Strength
So what’s the most important aspect of your community? Is it aesthetics? Sense of belonging? Neighbors knowing neighbors? Desirability to home buyers? -
12 Things You Should Know About Your Insurance
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. -
15 Things You’ll Want to Do Before Selecting an Insurance Agent
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. -
4 Ways to Keep Your Community or High-Rise Safe and Clean
You love your managed community or high-rise building! But obviously, living in proximity to other people can come with challenges, especially during cold and flu season. As a board member, you want to help keep your residents healthy and your community running smoothly. Read on to learn 4 ways to do that. -
5 Steps to Increase Resident Engagement in Your Community Association
In many community associations, residents lack interest in getting involved. Getting residents to attend meetings, volunteer on committees or help run events can be like pulling teeth for many boards. Turn that around with these 5 simple steps. -
Six Easy Steps To Build Your Community Budget
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. -
“Be Genuinely Helpful": Giving Back to Our Communities
Learn how associates and residents are making a difference in their communities, providing grocery delivery and food delivery, during the COVID-19 pandemic. -
Co-Op Managed by Our New York Office Chosen for Mayor’s Recycling Pilot
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. -
Coronavirus HOA Communications Strategies to Residents
Developing a comprehensive HOA communications strategy during this pandemic will help your board members and management team inform the community in a timely manner. -
COVID-19: Making Virtual Connections in Crisis
Learn how associates, residents and board members are making a difference in their communities with interactive online activities, during COVID-19. -
Great Service: Community manager responsibilities
The right support, the right personality and the right set of expectations from your community are critical for your community association management team to deliver exceptional results. Does yours have what it takes?