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Seven property management services HOA board members should look for
Whether you're on the board of a high-rise or community association. you want to hire a property management company that will provide the best service for their community. What does that really mean? -
What is an HOA balance sheet, and how do you read it?
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. -
Community association manager: Responsibilities, benefits, and more
Community association management is an industry filled with diversity. You'll find people from all walks of life who have chosen it as a career path, and all for their own personal reasons. What is the one commonality? It's easy to love what they do! -
A guide to planning your association budget
Read on for more about how to best complete your next annual association budget, a budget that will enhance your property values and improve your residents’ lives. -
What to consider through an HOA appointing a new board member
You've gone from a fully functioning homeowners association (HOA) board to a leadership group with a gaping vacancy. This hampers productivity, causes confusion, and at its worst, may create worry amongst your association members. But not to fret. HOA Board turnover happens. And if managed correctly, you can fill the opening and get back to business in short order. Below are some tips to help you through the process of filling an HOA Board vacancy. -
HOA CC&Rs: What you need to know
In the following article, we’ll explain everything you need to know about HOA CC&Rs, including the basics, benefits, and how they impact your community. -
Should you consider a career in property management?
Whether you are a recent graduate contemplating your career path or a seasoned professional seeking a change, delving into the realm of property management can offer a fulfilling and potentially rewarding journey. -
HOA lawsuit: Why community associations get sued and what to do if it happens to you
Your community or condominium association is there to protect the interests of all of its members. However, there may be situations when one or more residents don’t believe that the association is on their side. Hopefully, everyone involved can come to a reasonable solution, but if you can’t, it’s possible that your association – and even your board members – could become the target of a lawsuit. -
Why your association needs an annual insurance review
You know that your association needs to have the right insurance coverage in place. So you have property coverage, liability insurance, workers’ compensation, directors and officers (D&O) and an umbrella policy in place. Premiums are paid regularly and on time. Did you know that’s not enough? -
Budget Communications: Understanding your association budget
There's an entire process to creating, implementing, & communicating your association budget. Learn more about how to simplify this process. -
The importance of your front desk staff and building reception
Your front desk staff is the “face” of your building – the first point of contact for homeowners and guests. As a result, each members plays a crucial role in creating your building’s image, as well as shaping the perceptions and experiences of everyone who enters. Consequently, when a resident or visitor walks through the front door – whether it’s their first time or hundredth – the reception and greeting they receive and the way they are treated can significantly impact their entire experience. -
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. -
11 Things About Community Association Management Every Board Should Know
Choosing the right community association management company is one of the most important decisions a board will make. Know what you should expect from a qualified service provider! -
15 Things You’ll Want to Do Before Selecting an Insurance Agent
Insurance is one of the most important line items on your association's budget, but it is oftentimes the most expensive. Do you know how to select the right agent? -
5 Steps to Good Board Succession Planning
In your community association, it's important to identify people who have leadership potential and train them for the eventuality of being in charge. -
6 Tips for Your Property Management Paperwork
Maintaining good records is critical to the most important functions of your community association. Following a good organizational system will streamline your operations and increase efficiency. -
8 Skills You'll Master as a Board President
You've been elected as the President of the Board for your community association. You're signing up for a very important job! Here are some necessary skills! -
9 Guidelines for a Successful Community Association
Volunteering on the board of a community association is not for the faint of heart and can be a full-time job! Communities come in different shapes and sizes, but serving on a board of directors is similar across the board. -
Avoiding HOA fee increases in Florida: 3 cost containment strategies
Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money. -
What to Know About an HOA Emergency Board Meeting During Trying Times
It's hurricane season again. As soon as June 1st rolls around, we are assaulted with hurricane preparedness pamphlets and emergency information at every turn. -
Budgeting in the Time of COVID
The COVID-19 pandemic is presenting unique challenges to shaping a solid 2021 budget. Is your association budget on target to meet your short-term goals and help achieve your long-term vision? -
Can You Go After HOA Owners for Their Guests’ Damages?
Every community can expect to experience negligent or careless guests who will either cause a ruckus, or worse, damage association property. When that happens, deciding who should be held responsible for their actions can create a delicate – and potentially volatile – situation. Oftentimes, Boards may go after the owner, but they shouldn’t forge full-steam ahead without some sort of ammunition. -
See the 2016 Florida HOA Budget Requirements
A proper budget is the cornerstone of any business, and a Condominium or Homeowners Association is certainly no exception. Here are steps you can take to make the process as painless as possible. -
What to Know About the Property Tax Appeal and Paying Property Tax - Miami-Dade and Broward Counties
Property taxes are a reality for all property owners, but they can petition for an appeal. Condo owners and association Boards can file a joint petition for property tax appeal to cover all units in the building.