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5 Surprising Reasons to Raise Your HOA Assessments
If your main concern is to avoid increasing assessments, you may want to reconsider. As a board member, one of your primary fiduciary responsibilities is to protect property values, and assessments are an investment that helps do just that. -
Reserve Funds, Assessment, or Loan: 3 Ways to Pay for a Capital Improvement Fee
Great capital improvements lead to better property values. Read on to see the three ways to pay for them and the pros and cons for each. -
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. -
Smart Financial Planning
Safeguarding a strata corporation’s operating and reserve funds is one of the main fiduciary duties of all board members, not just the treasurer. This means strata councils must protect the financial interests of the strata corporation and its members. -
Things to Consider When Creating Your Strata’s Budget
As a homeowner, you want to live in a place that accentuates your style – from a beautiful sense of arrival or exquisitely decorated building lobby, complete with freshly pruned trees and lush landscaping – but unless your strata council has strategically planned out your strata’s budget, you can forget all of that. -
Tis the Season…Will Your Holiday Packages Arrive Safely and on Time?
It’s that wonderful time of year! Many of us are shopping online to get that perfect gift for our loved ones. And, for those doing last-minute shopping, we don’t want to have to worry that something will go wrong with our deliveries. -
Reserve Funds, Assessment or Loan: 3 Ways to Pay for Capital Improvements
Strategic capital improvements lead to better property values. Read on to see the three ways to pay for them and their pros and cons. -
Five tips for fire safety in a building or high rise in your community
Living in a high-rise, condominium or co-op certainly has its perks. You get the convenient location, the dramatic views, attentive concierge services and a range of amenities. However, vertical living also means added challenges when it comes to fire safety. Fortunately, there are measures that both your association board and residents can take to improve safety. -
Understanding virtual board meetings in your HOA and COA
Given the unprecedented practice of "social distancing," now may be the best time to find the right video conferencing platform for your association. -
Four ways to fund an HOA capital improvement project
Living in a residential community means around-the-clock routine maintenance to preserve the community and its assets. But there comes a time when one of your assets will reach the end of its useful life and require a replacement or significant repairs. -
How to prepare for flooding in your high rise building
Floods are one of the most common types of natural disasters. They can also be the most detrimental for high-rise buildings. The nature of these buildings makes them particularly vulnerable to flooding caused by severe storms. -
Capital improvements vs repairs and maintenance: What’s the difference?
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. -
Hiring a reserve study company: Five things to know
In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length. -
Comprehensive Flooring Policy: How to Deal with Noisy Neighbors
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. -
Luxury Building Amenities: The Hottest Trends in 2017
One of the perks of high-rise living is the long list of amenities. They could very well be the deciding factor for many home buyers. Today, the most popular amenities include yoga studios and children's playrooms. -
High Rise Fire Safety Tips
High-rises come with their own challenges, and chief among them is fire safety. Here are four Fire Safety Tips from the experts at National Fire Protection Association (NFPA). -
3 Ways to Pay for an Association Capital Improvement Project
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 -
Is Installing Electric Vehicles Charging Stations the Right Choice for Your Community?
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? -
Is Your Community Ready for Plug-In Electric Cars (PEVs) and Charging Stations?
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? -
5 Steps to the Best Reserve Study Firm
Nothing lasts forever…and you need to have a plan to replace major items and systems before their useful lifespans end. How do you create that plan? Start with a quality reserve study. -
Selling Your Home? Here Are Some Helpful Tips to Add and Value and Appeal
Selling your home? Here are a few tips that will help you add appeal and value to your home. -
Here's What to Know About Conducting an HOA Reserve Study
If you are a high-rise Board member, resident or property owner looking for the peace of mind that insurance provides, make sure you have the correct coverage. Follow our guidelines! -
10 Apartment Building Amenities that Will Rock the Roofs of Your High Rise Condos
Making your high-rise more marketable starts at the top: your rooftop! Under-utilized space can be enhanced to offer improved amenities, increasing property values and improving lifestyles of everyone in the building. -
Set your association up to win with our HOA audit checklist
Every community experiences a transition from the developer to the newly independent Board of Directors. Here is a property management turnover checklist to make yours a success.