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  • Slow and Steady: 5 Surprising Benefits of Raising Dues

    It’s that time of year again – budget season is upon us. You know the steps to creating your budget, but what drives your process?
  • 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 community’s 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.
  • 3 Common Residential Drainage Problems – And their Solutions

    Unless you live in an area where it hardly ever rains (in which case you have a whole other set of problems), drainage will be an issue in your community. Proper drainage is, of course, the answer, but getting there means you have to meet stringent requirements throughout different areas of your community.
  • Tips to Help Make Getting a Mortgage Easier

    Congratulations! After weeks of house hunting, you finally found the perfect home for your family, complete with a convenient location, lots of great amenities, a well-run HOA and an asking price that fits your budget. Time to break out the bubbly and toast your good fortune, right? Not so fast. Before you pop the cork, you’ve got one more hurdle to overcome – getting a mortgage loan.
  • Tips to Help Your HOA Winterize Your Community

    It’s that time of year again – there’s a noticeable nip in the air, trees are losing their leaves and stores are starting to display their holiday swag. That can only mean one thing – winter is right around the corner. If your HOA is located in an area affected by wintry weather, we probably don’t need to remind you about last year’s Arctic-level freeze. Some of the coldest-ever temperatures were recorded in many parts of the country – and if you heed the predictions in the Old Farmer’s Almanac , you know that this year promises to be even more frigid. Is your community prepared to handle the upcoming chill? Here are some tips to help your homeowners association winterize your community, no matter what surprises the season may bring.
  • What Is An HOA Fee? And What Does Your HOA Fee Cover?

    Congratulations! You just bought a new home and it’s perfect for your family – just the right size, condition, location and neighborhood to meet your needs. Your new home is part of a homeowners’ association (HOA), which means you will pay HOA fees. What is an HOA fee? What do they pay for?
  • 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.
  • What Should My Association Consider When Planning a Budget?

    Budgeting can be tough. It requires that boards look at their priorities and the needs and wants of the community, plus the money coming in and going out -- and making it all balance. As an association board member, producing a responsible, effective budget is one of your primary responsibilities.
  • Which of These Three Maintenance Styles Describes You?

    Nothing bites into your budget like maintenance issues. Whether it’s the grounds keeping and upkeep that you pay for on a regular basis or those surprise projects (natural disasters, anyone?) that sneak up on you, maintenance can account for an average of 25% or more of your overall expenditures.
  • 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 Does Our Association Need 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?
  • Why Transparency Matters in Communicating Your Community Association Budget

    You’ve done all the homework. Crunched the numbers. Your reserve study is complete, your vendor agreements have been checked and your budget is done! Now what? There’s an entire process to creating the budget, followed by implementing it, and clear communication to homeowners, through every step of the process, is the best way to avoid problems.
  • Winter Pipe Safety Measures

    So winter’s coming...and you’ve got a watchful eye on driveways, roofs and other essential areas. But don’t forget about one of the most freeze-sensitive parts of your buildings and systems: pipes.
  • 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.
  • 12 To-Do’s for Ultimate HOA Landscaping Maintenance!

    A good spring-cleaning can do wonders for your community association. Here are some tips to get your started.
  • How to Get Rid of Millipedes and How to Prevent Their Invasion

    Ah, fall. Cooler temperatures. Early evenings. And...a disgusting mass of undulating insects climbing up the side of your building?
  • Avoid Maintenance Surprises with a Property Maintenance Plan

    There is no way to avoid surprises when it comes to the maintenance of your community. Preventative maintenance ensures that your systems are keeping future problems at bay; predictive maintenance is also effective.
  • 3 Cost Containment Strategies to Minimize Assessment Hikes

    Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money.
  • 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.
  • Energy Efficiency for Community Associations

    Many community association boards and residents would like to implement energy efficiency measures in their communities. But what about the cost to get started?
  • Estoppel Certificates: 7 Myths and the Real Facts

    Estoppel certificates are a critical part of any real estate transaction and can be confusing. What's included, how are they created, what does it all mean? Learn more here.
Showing 73 - 96 of 332