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When you have a large-scale project slated for your community, it’s tempting to select a vendor based on price. After all, what’s more important than saving your association money?

Vendor management is a large part of serving on the board of a managed community. Every community has outside partners for services like landscaping, sanitation, cable and Internet provision, pool maintenance, valet services and more. Open and effective communication among the board, the management company and the vendors employed by the association is an important part of making the most of any community’s operating budget and improving the lifestyles of its residents.

Your Board of Directors oversees the many day-to-day tasks required to operate and maintain your community…but they can’t do it alone. Your property management team will be expected to hire a wide array of vendors, including painters, plumbers, electricians, landscapers, repairmen for equipment maintenance or emergencies, exterminators, and more.

In this piece, we will cover what capital improvements are and the best way your association can fund capital improvements, from reserve funds to special assessments.

During these unprecedented times, residents are spending the majority of their time at home to prevent the spread of COVID-19 and protect themselves and their loved ones from infection. One of their primary contact points with the outside world is in your HOA or condo common areas, where they can be at risk of contact with lingering coronavirus or even spread existing virus to other areas of the property. Read on for a comprehensive list of places to clean and how to clean them.

Maintaining your buildings’ assets is not a one-size-fits-all proposition. The common areas require a broad range of routine maintenance and repairs to keep them looking good and operating smoothly.

In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length.

You’ve been there before. You meet with a vendor, they seem like a great choice, and then after a month or so, you find yourself in a dispute.

Here are some tips to manage your HOA vendors more effectively & and get the results you're looking for.

Finding a property management company to partner with your board isn’t easy. Find out how we can help you.

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?

Your fiduciary responsibility is the most important commitment to fellow homeowners. Learn cost containment strategies that can save your association money.

Does it sometimes sound like your upstairs neighbors are bowling in their living room? Noises from above can be disruptive, but they might not be entirely your neighbor's fault.

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.

How can you ensure that your association’s parking rules are fair and easy to understand and follow? Here are 6 essential questions to ask before you create or enforce parking policies.

The holidays are a time of joy, cheer, softly twinkling lights and tasteful wreaths, but holiday decorations mean different things to different people. Learn four ways to manage this!

Open and effective communication among the board, management company and vendors is an important part of any community's operating budget and for improving residents' lifestyles.

When your association has to invest in its property, whether for repairs or a new construction project, the financing for that work must be considered as carefully as the work itself

Now that you've crafted a vision for what you want your community to be and created policies to support that vision, how do you enforce those policies?

Discover how your community’s vision ties into both creating and enforcing policies among your residents and homeowners.

Your vendors are a critical part of your community’s emergency planning for any kind of hurricane or storm. Are you on the same page before, during and after a storm?

The number of plug-in electric vehicles (PEVs) on the road is quickly growing, which means the need for conveniently located battery charging stations is also on the rise. What does this mean for your association?

The Nissan Leaf and Chevy Volt made their debut as the first US mass-market plug-in electric vehicles (PEVs) more than five years ago. Nearly half a million have jumped on the PEV bandwagon. What does this mean for community associations?

In June, the Miami Beach City Commission unanimously approved an ordinance to increase the city's minimum wage. First proposed by Mayor Philip Levine, it will take effect on January 1, 2018.