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Eight Easy Steps to Preparing a Budget that Works
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. -
Keeping Your Budget Healthy in the Age of COVID-19
Learn ways your association can offset the financial impact of the COVID-19 pandemic. -
Keeping Your Community Safe During Summer Vacation Season
Georgia is fortunate to have milder winters than much of the United States, but summer is still the most wonderful time of year for a lot of people. Of course, a lot of folks take that opportunity to travel. -
Keep Your Community Safe and Cool: Summer Water Safety
Fishing, boating, swimming, water skiing and other refreshing water sports are a key part of summertime in Georgia. Georgians have plenty of opportunities to enjoy the water throughout the summer months. -
Landscape Basics: Getting the Most Out of Your Landscape Design
Trees are an essential and invaluable part of the environment. They provide oxygen, improve air quality, add character to landscaping, increase curb appeal and property values. -
Part 1: Electric Cars and Charging Stations - Is Your Community Ready?
Ready to trade in your gas card for some time at the charging station? If so, you'll join those who have made the switch from gasoline-powered vehicles to plug-in electric vehicles (PEVs). -
Part 2: Installing Charging Stations for Electric Cars in Your Community
Electric cars have arrived and there has been a surge of plug-in electric vehicle (PEV) purchases driving the need for charging stations. What does this mean for your association? -
Reopening Amenities: Creating New High-Rise and HOA Swimming Pool Rules
As the weather heats up and stay-at-home orders surrounding COVID-19 are lifted, it's important to remember the social distancing guidelines in place. -
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. -
Seven Tips for Comparing and Finding a Reserve Study Firm in Georgia
Reserve studies are vital to the success of your association, which is why partnering with the right reserve study firm is critical. Here are some tips to help you find a reserve study firm. -
Ten Ways to Take Your Rooftop to the Next Level
When it comes to upgrading your high-rise amenities, start at the top: your rooftop! That space can be enhanced to offer new opportunities for fun, relaxation and building community, while also enhancing your property values. -
The Surprising Way to Make the Most of Your Association’s Budget
Discover some things that your management company should be doing to maximize your operating budget and keep your association fiscally fit. -
Top 10 Socially Distant Activities to Keep Your Community Healthy
As the days and weeks pass, and residents of your condominium or HOA are asked to stay home, it's more important than ever to help your community stay fit and active! -
Upgrading Your High-Rise Amenities without Busting Your Budget
High-rise living has many perks, and high on that list is the amenities. For many home buyers, amenities can be the deciding factor when determining to buy a unit in one building over another. -
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? -
Is Energy Taking a Big Bite Out of Your HOA’s Operating Budget?
You may not be able to control rising utility rates, but your condo or homeowners association (HOA) can take measures to make your energy budget go a lot further. Just follow the four strategies described in this article. They’ve already worked for many Illinois properties managed by FirstService Residential. -
Is Your Management Company a Good Communicator?
Is good communication important to your property management company? Use this questionaire to find out. -
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LED Lighting Offers a Bright Way for Condo Associations to Save
Has your condo association been looking high and low for ways to save energy and money? The answer may be right over your head. Switching to LED bulbs can reduce your lighting costs by up to 75 percent. In this article, we answer common questions and shed some light on the benefits of LED lighting. -
Planning Your High-Rise Maintenance and Capital Improvements
Your association should never have to rely on a special assessment for a capital expense that could have been foreseen – or even prevented. Here are five tips to keep your Chicago high-rise condominium association's budget in the black and keep up with maintenance and capital improvements. -
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 Can My Association Increase its Capital Improvement Budget?
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 Can We Benefit From Association Financial Services?
There’s a lot to love about living in a community with a homeowners association (HOA). The amenities. The sense of belonging. The high aesthetic standards. But none of that happens without stable finances. With that in mind, here’s the bottom line on financial best practices for your HOA. -
What Is a Balance Sheet? Why Do I Need to Understand Them?
The chief responsibility of a community association board member is to preserve, protect and enhance the community. That includes, above all else, its financial health. But you can’t affect the financial health of your community if you don’t understand where it is when you join the board. Balance sheets are the best tool for gaining that basic understanding.