Search

Showing 49 - 72 of 284
  • 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.
  • 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.
  • Updating Your Community Emergency Preparedness Plan for Pandemics

    In the past, when planning for emergencies, a global pandemic was likely not on your list. While most board members did not anticipate a pandemic as something that needed a plan before COVID-19, it's now clear that communities need to develop a plan to address this and any future pandemics. Read on to learn how to build a community emergency preparedness plan with a possible resurgence of coronavirus and other potential pandemics in mind.
  • 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.
  • 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.
  • 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.
  • 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?
  • 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?
  • Before Raising Homeowners Assessment Fees, Check Out These 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?
  • 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.
  • 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.
  • First Locally Transmitted Virus Case Confirmed for Zika in Florida

    In February, the World Health Organization declared a public health emergency when cases of the Zika virus began to spread, impacting Florida.
  • Five HOA Treasurer Duties and Qualities

    A great board treasurer has skills and characteristics to tackle the responsibilities of planning and strategizing the financial livelihood of a community. The right treasurer can make a big difference!
  • Six New Things You Should Know About Flood Insurance in Florida

    As a Floridian, you're pretty familiar with flood insurance, but you may not be aware of the recent changes in the law. Learn more here!
  • Four Tips on How to Save Energy for Your HOA or Condo Association

    Energy consumption ranks third highest in the nation. Having an experienced, dedicated community association management company can help mitigate some of these costs.
  • Four Ways to Get Mosquitoes to Buzz Off

    Ah, summertime in Florida. Backyard barbecues. Long days at the beach. And endless mosquito bites.
Showing 49 - 72 of 284