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Reserve Fund, Assessment or Loan: How to Pay for Capital Improvements
Great capital improvements improve property values. Read on to see the three ways to pay for them and the pros and cons. -
Condo Capital Improvements: Lending Solutions for Condominium and Co-op Boards
FirstService Residential and FirstService Financial work in tandem to help our clients successfully finance capital improvement projects and save money without compromising quality of service. -
Are EV Charging Stations Worth the Investment?
FirstService Energy's experts answer common questions about EV chargers, including costs, incentives, revenues, and curb appeal. -
Before Creating a New HOA Policy, Ask These 5 Questions
Great policies can help your association run smoothly, enhance the resident experience and improve your reputation. Here are five questions to ask before creating a new HOA policy. -
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. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement: -
HOA Committees and Volunteers: 8 Rules to Rally Residents
A healthy and effective Arizona homeowners association is not only able to identify great volunteers and committee members, but will empower them to drive positive change in the community. But how do you get there? -
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. -
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. -
Before Creating a New HOA Policy, Ask These 5 Questions
Great policies can help your association run smoothly, enhance the resident experience and improve your reputation. Here are five questions to ask before creating a new HOA policy. -
Don’t Be the HOA Bad Guy: 4 Proven Policy Enforcement Tips
Enforcing HOA policies is nobody’s cup of tea, but having good policy enforcement in place helps improve the resident experience and elevates your reputation. Follow these 4 principles for healthy policy enforcement: -
8 Tips for Great HOA Committees and Volunteers
A healthy and effective California homeowners association will not only find great volunteers and committee members, but will empower them to drive positive change in the community. How can your association make this happen? -
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. -
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. -
5 tips for fire safety for buildings 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. -
4 ways to set a holiday decoration policy in your community
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 organize an HOA event that feed your association’s community spirit
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. -
How to prepare for floods 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. -
Increasing HOA Volunteerism By Effectively Engaging Homeowners
Regardless of the size of your community, or where it’s located, there is always one thing that every community association board and committee needs: resident volunteers. Unfortunately, however, volunteers are often a scarce resource. -
Maintenance and Repairs vs. Capital Improvements – 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. -
5 steps to choosing the best reserve study specialists
In our guide to capital improvements , reserve studies and their relationship to capital improvements and preventive maintenance were discussed at length.