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Discover the 8 Steps of Budgeting Process
Your budget should be a tool to move your community to action, and as such, it is important to follow some guidelines. Below are eight tips for preparing a budget that works. -
5 Steps to the Best Reserve Study Firm
Nothing lasts forever…and you need to have a plan to replace major items and systems before their useful lifespans end. How do you create that plan? Start with a quality reserve study. -
Selling Your Home? Here Are Some Helpful Tips to Add and Value and Appeal
Selling your home? Here are a few tips that will help you add appeal and value to your home. -
Seven Ways to Fight Mold - And Win
In Florida, mold is something we all will encounter sooner or late. How can you keep mold from taking over your sanctuary? And if it has, how can you eradicate it? These tips will help maintain a healthy home. -
Set your association up to win with our HOA audit checklist
Every community experiences a transition from the developer to the newly independent Board of Directors. Here is a property management turnover checklist to make yours a success. -
A capital improvements plan for your community
A successful capital improvement project requires a lot of planning to ensure that things go as smoothly as possible. Does your community know where to start? -
Buying the Best Insurance for Your High-Rise: Seven Tips
High-rises are a growing segment of the Georgia housing market. A complex high-rise has its complexities, too, and one of those is finding the right insurance coverage. -
3 ways to pay for capital improvement plans
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. -
A capital improvement plan for your Georgia association
A successful capital improvement project requires a lot of planning to ensure that things go as smoothly as possible. Does your community know where to start? -
5 Steps to the Best Reserve Study Firm
Nothing lasts forever and you need to have a plan to replace major items and systems before their lifespans end. How do you create that plan? Start with a quality reserve study. -
Slow and Steady: 5 Surprising Benefits of Raising Your Dues
It’s that time of year again – budget season is upon us. You know the things to consider when creating your budget, but what drives your process? Are you focused on achieving a particular vision for your community? Avoiding conflict in the community? Solely looking to avoid increasing dues? -
Repairs and Maintenance vs Capital Expenditure: What's the Difference?
It’s no secret that association management is a big job. Across Minnesota, common areas require a lot of routine maintenance to uphold community standards – things like exterior light bulb replacements, landscaping and paint touch-ups. Depending on your townhome community, the scale of your amenities' needs will vary. -
Before Creating a New HOA Policy, Ask These 5 Questions
Great policies can help your association run smoothly, enhance the resident experience and improve your reputation. Here are five questions to ask before creating a new HOA policy. -
How to fund HOA capital improvements
Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons. -
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. -
The Ins & Outs of NYC Building Energy Rating and Energy Grades
FirstService Residential and FirstService Energy are prepared to help boards and owners identify capital improvements or retrofits that improve a building's energy efficiency score and letter grade. -
Ontario property manager duties: What to expect
Not all residential property managers have what they need to give you great service. Learn what it takes to be a great residential property manager. -
Ask the Expert: Common Homeowner Association Insurance Questions
Continue our quick, 4-part webinar miniseries, Ask the Expert, where Jamie George, Vice President of insurance, FirstService Financial, will cover your common insurance questions and discuss anticipated increases in rates for 2021. -
Ask the Expert: Homeowners and Condo Owners Association Reserve Study
View our third episode of Ask the Expert, featuring Andrew Stoutenburg, Regional Executive Director of Reserve Advisors, as he talks about the importance of reserve studies in financial planning. -
Condo water damage: Risks, prevention, and more
A leak in a high-rise condominium can quickly result in expensive water damage. How can you reduce your risk and be better prepared if your building springs a leak? -
Texas HOA capital improvements vs capital reserve fund
Capital reserve fund vs. improvements: Budget for both and know when and how to allocate them in your Texas HOA for a continuously improved community. -
What are underfunded HOA reserves, and what can you do about it?
In this article, we'll cover what underfunded HOA reserves are, how they happen, as well as the risks and what can be done about it. -
Special Assessments: Fund Your Capital Improvement Assessment: Part III
Learn about special assessments as a way to fund unexpected capital improvements -
Prioritizing and Managing Your Community's Property Maintenance and Improvement Needs
Handling day-to-day maintenance and making necessary improvements are critical responsibilities for any homeowners association (HOA). And when your serve on your association’s board of directors, they can quickly become overwhelming if you don’t have a good system in place to manage them. So how do you make sure that your maintenance staff is able to handle that long list of tasks that need to get done so that your community runs smoothly and retains its appeal?