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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. -
Stop! Before Raising Assessment Fees, Check Out these Cost Containment Strategies
Your strata council is working on next year’s budget. You know how important the budget is, what it means to the future of your strata. You know that your fiduciary responsibility is the most important commitment you make to your fellow homeowners. And you’ve planned , and figured, and followed all the budgeting steps , but you’re still staring at the one thing NO strata council wants to do: an increase in strata fees. Before finalizing that increase, take a long, hard look at cost containment strategies that can save your strata money and help optimize your operating budget. -
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. -
The Essential Five People On Your Strata Council
It takes a lot to build a great community. You need committed residents, a dedicated strata council, and a clear understanding of everybody's roles and responsibilities. -
Tips For Generating Community Engagement In Your Strata
What makes a community a great place to live? A lot goes into it, but it’s no secret that often depends on community engagement. -
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. -
5 Ways to Establish Strata Policies That Make Sense
Strata corporations need to have policies in place to function well. However, if you create new rules without adequately considering all their potential effects, or if you don't enforce them properly, things can go awry. Follow these tips when creating strata policies to avoid creating problems within the community. -
What Should you Expect from a Strata Manager
Not all strata managers have what they need to give you great service. Learn what it takes to be a great strata manager. -
What Your Strata Corporation Needs to Know About the Legalization of Recreational Cannabis
The Canadian Senate passed Bill C-45, known as the ‘Cannabis Act’, in June 2018 which legalized the recreational use of cannabis across Canada. The first G-7 country to do so! When Bill-C45 goes into effect on October 17 th , Canadians will be able to purchase, consume and grow cannabis as well as make cannabis-containing products at home, such as food and drinks. -
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. -
React, Outsource, or Prevent? Find Your Association’s Maintenance Style
How does your California association handle maintenance? Discover your association's unique maintenance style. -
5 Board Blunders to Avoid
Download our complimentary guide, 7 HOA Email Blunders to Avoid to learn what you should and should NOT be doing via email. -
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. -
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. -
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. -
The Four Fundamentals of Effective Community Landscaping
Landscaping makes an immediate statement about the brand of your community. The right landscaping can set your community apart from others and enhance property values. Here our four landscaping considerations. -
Ten steps on how to plan a community event
You’re planning an event for your homeowner (HOA) or community association. Congratulations! After the initial excitement comes growing panic, right? Well, not necessarily. -
Contractor Tips: How to get the best from your contractor
When you hire a contractor, it could either be the best decision you ever made, or the worst. The stakes are high; a good contractor will execute your vision on time and on budget, whereas a not-so-good one will be the source of bad workmanship, unexpected delays, inconvenience and a whole lot of headaches. -
HOA Cleaning: Four ways to keep your community clean
You love your managed community or high-rise building! But obviously, living in proximity to other people can come with challenges, especially during cold and flu season. As a board member, you want to help keep your residents healthy and your community running smoothly. Read on to learn 4 ways to do that. -
5 steps to increase resident engagement in your HOA
In many community associations, residents lack interest in getting involved. Getting residents to attend meetings, volunteer on committees or help run events can be like pulling teeth for many boards. Turn that around with these 5 simple steps. -
Four steps to creating building maintenance schedules
Creating and executing a comprehensive building maintenance plan for your high-rise community should be a top priority for your board and property management company. -
“Be Genuinely Helpful": Giving Back to Our Communities
Learn how associates and residents are making a difference in their communities, providing grocery delivery and food delivery, during the COVID-19 pandemic. -
HOA bidding procedures: Simplification tips
Picture this: your homeowners association has a big job that needs to be done, so you’ve got to find a qualified contractor to do it. How do you manage your vendor selection process to make sure you find the best one to fill your needs?