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Local Law 152: Updated Requirements for Boards and Buildings
Is your building prepared for Local Law 152 gas piping inspections? FirstService Residential recommends getting ahead of schedule to avoid unforeseen deficiencies and costly fines. -
5 common HOA problems & board mistakes to avoid
We’ve highlighted four common board blunders and included some practical tips for avoiding them. It’s important to identify these potential blunders early to save yourself and your board time and frustration. -
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. -
Choosing the Right Community Management Company to Manage Amenities
A big part of what sets your community apart is the amenities it offers. This goes beyond a pool, a fitness area or a place for a rooftop party – your amenities help create a lifestyle, and that’s the most important thing to residents and association members. -
5 Myths About HOA Board Decision Making
Solving for these 5 common myths can help you improve your decision-making process and align as a board. Read on to learn more. -
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. -
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. -
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. -
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. -
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. -
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 good reasons to raise assessments, but in some cases, you may be able to take a different route. Here are three strategies to help save your HOA money and keep assessments stable. -
10 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. -
4 safety tips for the holidays to protect your home
It's the most wonderful time of the year but not if your holidays are cut short by a fire, an accident or a theft. Taking these 4 safety precautions can prevent such misfortunes. -
Four tips for creating your HOA holiday decoration policy
People decorate for everything these days – from Valentine’s Day to the patriotic celebrations of summer and on to the fall festivities and winter wonderlands. Many people derive a sense of community and comfort from seeing familiar decorations at the same time each year. -
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 plan HOA events: 6 important tips
Want your events to bring residents closer? Everyone loves a well-planned event, and the residents in your community association are no exception. Follow these tips for creating memorable events in your community association. -
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: 5 things to know
In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length. -
Virtual Programs for Healthy and Happy Active Lifestyle Communities
Chances are, you joined the board at your HOA or condo because you’re extremely passionate about the community and want to improve the experience of the other residents within it. Part of adding value to residents in your community is offering classes and programs for them to participate in to get to know their neighbors and offer opportunities for them to stay happy and healthy. Read on to find some suggestions for great virtual programs for communities like yours. -
Why association boards chose FirstService Residential
Finding a property management company to partner with your board isn’t easy. Find out how we can help you.