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Post-Crisis HOA Cash Management: 3 Tips for Your Association
How do you manage collections and HOA funds after a crisis? Get 3 tips to help you plan for the future -
Seven High-Rise Insurance Tips for Associations and Unit Owners
Many people who live in cities like Phoenix and Scottsdale appreciate the rewards that come with living in a high-rise building. Some of the unique advantages include great amenities, security and even concierge services. High-rise buildings are also unique when it comes to insurance coverage. Besides the individual policies that unit owners need to have, the building and common areas must be covered as well. -
Seven Tips for Choosing the Right Reserve Study Firm
Your reserve fund is an important way for your homeowners association (HOA) to plan and budget for the future. It gives you the financial ability to maintain the quality of your community by funding necessary—and expensive—projects. Rather than covering day-to-day maintenance expenses, a reserve fund is intended to be used for major expenses like roofing, paving and capital improvements (for example, new construction or remodeling). -
6 Questions for Self-Managed Associations to Consider
As a self-managed association, do you need a management partner? Before making that choice, ask these 6 questions. -
3 Strategies to Keep HOA Assessments Stable and Add Value
There are often valid reasons to raise assessments, but in some cases, you may want to take a different route. Here are three cost-saving strategies. -
React, Outsource, or Prevent? Find Your Association’s Maintenance Style
How does your Arizona association handle maintenance? Discover your association's unique maintenance style. -
Staffing, Employer Liability and Homeowners Associations: Who is Handling Your HR?
You may take on several responsibilities as an HOA board member, but Human Resources (HR) should not be one of them. In order to avoid employer liability, your board should leave HR responsibilities to a professional community management company. -
Why Master and Sub-Associations Should be Managed by the Same Community Management Company
Have you ever been in a situation where you didn't know who to call when an issue in your HOA came up because you live in a sub-association of a master-planned community that has two different community management companies? This is a consistent challenge for many homeowners living in multiple managed communities. -
An Ounce of Prevention
Like changing the oil in your car, regular maintenance on a building helps keeps everything working properly and safely. For stratas, some tasks are not optional, they are mandatory. -
The Importance of Homeowners Insurance
Up to 60 percent of strata home owners in the Greater Vancouver Regional District lack insurance. A good policy will protect your biggest asset and help you keep your head above water. -
Four ways to set decoration policies for your strata corporation without being a grinch
Lights, candles and wreaths, oh my! The most decorated season of the year is arriving, with celebrations from many cultures and faiths coinciding in the next few months. For condo communities, the desire to deck the halls can clash with the rules of the corporation. Follow these tips to maintain a festive community without décor running amok. -
Getting Your Strata’s Spring Cleaning Started
As strata managers begin their inspection, they note the necessary repairs for winter damage as they make their rounds through the community. -
What Goes Into Strata Fees?
Condo living has its perks: amazing urban locations close to public transportation, being part of a community without having to do yard work or home maintenance, enjoying amenities like fitness centres, party lounges and pools at your doorstep. Just don’t forget that those perks come at a price – a monthly strata fee. What are strata fees and how are they determined? -
Bidding Process Simplification Tips for HOAs in California
Some community associations simply get three proposals and price quotes, and go with the lowest bidder. That sounds easy, but buyer beware – there is much more to the bidding process than many board members realize. Sometimes simply choosing a vendor by its low price will get you exactly what you pay for. Here are some best practices on simplifying the bidding process and maximizing the value your association receives. -
Eight Ways the Best Community Association Management Companies Can Help You
Being part of a Homeowners Association is rewarding – yet it can also be challenging at times. Board members are often tasked with difficult duties ranging from proper financial stewardship to navigating community conflicts, and much more. -
Can Your HOA Handle a Crisis? 8-Step Emergency Preparedness Plan
Is your association really prepared for an emergency? Learn how to develop an HOA emergency preparedness plan in 8 steps. -
React, Outsource, or Prevent? Find Your Association’s Maintenance Style
How does your California association handle maintenance? Discover your association's unique maintenance style. -
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. -
Formalize these 4 high-rise community policies in your association
Living in a high-rise is unlike any other experience. Here are some community policies to consider to create a more harmonious environment for all. -
HOA Agreement: 4 Tips to Promote a Functional Board
How do you tackle alignment as a group of diverse individuals with unique values? Follow these four tips on HOA agreement to find out. -
Your HOA Board and Coronavirus: 5 Questions to Discuss
How should your HOA board handle a pandemic like COVID-19? Start by tackling these 5 questions. -
HOA Maintenance Responsibilities, Capital Improvements, and Useful Life: Is Your HOA Prepared?
Is your maintenance job turning into a capital improvement? Are you ready for a big capital improvement expenditure? Read on to get answers to your top questions about maintenance, capital improvements and useful life. -
Is Your Association Manager Equipped for Success? 3 Questions to Ask
Does your association manager have the right tools, resources and support to take your association to the next level?