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  • Association Budgets: Things to Consider When Creating Your Association’s Budget

    As a homeowner, you want to live in a place that accentuates your style – from a beautiful entrance monument or exquisitely decorated building lobby, complete with freshly pruned trees and lush landscaping – but unless your association board has strategically planned out your community’s budget, you can forget all of that. The budgeting process is a valuable opportunity to explore the current financial condition of your association and ensure its financial stability for the future.
  • Getting Your Building’s Spring Cleaning Started

    The spring season is a time for renewal and a fresh look, so being able to properly landscape around the building is of utmost importance.
  • Have your HOA ready for all seasons with preventive maintenance

    Having an integrated plan is the key to proactively addressing your property's maintenance needs. Here are six things you need to do for an effective preventive maintenance plan.
  • Minnesota HOA reserve requirements: A guide to reserve studies

    Reserve components are association maintained major property components with a determinate useful life. The analysis of the reserve components results in accurate and supportable annual reserve fund contributions.
  • Tips to Maintain Your Minnesota HOA Finances

    Maintaining the health of your Minnesota community homeowners association’s finances is similar to the way you keep yourself healthy: make good choices, don’t overindulge and exercise good judgement.
  • 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.
  • 6 Ways to Maximize Committees

    Community members join committees because they want to make a difference. That’s great, but sometimes, as they say, life gets in the way. Let’s not forget that committee members are all volunteers, which means it might take something a little extra to keep them motivated.
  • 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?
  • Getting Your Building’s Spring Cleaning Started

    As community association managers begin their inspection, they note the necessary repairs for winter damage as they make their rounds through the community. The spring season is a time for renewal and a fresh look, so being able to properly landscape around the building is of utmost importance.
  • The Surprising Way to Stretch Your Association's Dollars

    If you're on the board of a condo, co-op, high-rise or HOA, you know that managing your homeowner's association budget is a major priority. You've likely explored many ways to save money and get the best deals, while still maintaining a high level of service.
  • What is a reserve study for homeowners associations?

    One of the most important responsibilities your HOA board of directors faces is effectively planning for major common-area repairs and replacements. Whether a costly expenditure is needed in a few years or 20 years from now, it’s the board’s fiduciary duty to make sure your homeowners association (HOA) has adequate funds when the time comes. That’s where HOA reserves come into play.
  • 2020 HOA Budget Trends: What Has Changed?

    Have HOA budgets changed in 2020? Find out what 7 trends have shaped association budget planning this year.
  • A Smooth HOA Management Transition Starts With Good Communication

    Most homeowners associations (HOAs) in Nevada are managed by a community management company. So hiring a new management company is a pretty common occurrence in our state.
  • Cyber Security and Your HOA, Part One: How Residents Can Prevent Attacks

    Find out what steps residents can take to prevent a cyber attack by reading part one of our three-part series on cyber security.
  • Cyber Security and Your HOA, Part Three: Your 4-Step Action Plan

    Technology has come a long way over the past decade. Mobile devices now let you pay credit card bills, order takeout, make doctor’s appointments and store personal information in “the cloud” with the touch of a button or a tap on your phone. Nevada homeowners associations are utilizing the latest digital technologies in a big way.
  • Cyber Security and Your HOA, Part Two: The Board’s Role in Data Safety

    Be honest: As a board member for your homeowners association (HOA), how much do you think about cyber security? More and more, hackers are targeting small businesses – and remember, your HOA is a small business. In part two of this three-part series, we offer tips that your board should take to keep your community safe from hackers.
  • Understanding Nevada drone laws & rules in your association

    You’ve probably seen stories about drones in the news. Or, you might be the owner of a drone yourself. Either way, you know that these unmanned, remote-piloted flight vehicles have come under scrutiny because of safety and privacy concerns. Is there a way your HOA can manage the use of drones in your community?
  • Financial Statements 101 – the What, Why and How

    Your board took the time to create a solid budget your association can stick to. Now how do you regularly measure your success at doing so? Regularly generated financial statements are the best tool for keeping an eye on the fiscal fitness of your association.
  • 5 Surprising Reasons to Raise Your HOA Assessments

    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.
  • Nevada HOA parking rules: Examples and more

    In this article, we’ll highlight common Nevada HOA parking rules examples, discuss how your board can enforce them, and review HOA parking penalties.
  • HOA Reserve Funds: 6 Tips to Improve Your Returns

    Are you really getting the best returns on your reserve funds? Most Nevada board members aren’t sure. Learn six ways to improve your reserve fund returns.
  • Making Your HOA’s Money Go Farther

    An important job when you are on the board of a homeowners association (HOA) is to properly manage the HOA budget. One way that you probably do this is by trying to get the highest-quality products and services at the lowest possible prices. Sure, it’s great to save a couple of hundred dollars, but what if you could save even more? Some Nevada communities have done just that.
Showing 169 - 192 of 425