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Repairs and Maintenance vs Capital Expenditure: What's the Difference?
It’s no secret that association management is a big job. Across Minnesota, common areas require a lot of routine maintenance to uphold community standards – things like exterior light bulb replacements, landscaping and paint touch-ups. Depending on your townhome community, the scale of your amenities' needs will vary. -
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. -
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. -
3 Strategies to Keep HOA Assessments Stable and Add Value
There are valid reasons to raise assessments, but in some cases, you may be able to go a different route. Here are three strategies to save your HOA money and keep assessments stable. -
Vetting Vendors: A path to success
Replacing a trusted vendor or finding a new one can be a challenge. How can you have peace of mind that the vendors you’re considering are right for you? Follow the tips below to help screen potential vendors and get the best fit for your association. -
Avoid These 4 Condo and Co-op Board Member Mistakes
Many condo and co-op board members make the same four mistakes. Find out what they are and what you should do instead -
Commercial Observer- FirstService’s Dan Wurtzel and Marc Kotler on Everything From Supertalls to Rent Regulation
Who better to find out what’s happening on the ground than the largest residential property manager in New York? -
8 Questions to Ask a Property Management Company & and How to Choose
Do you know what questions to ask a prospective property management company? Check out our list to make sure you have all the right information before making a choice. -
From Beagles to Boxers: How to Take Care of a Dog in an Apartment
Here are some important tips and tricks to help keep both you and your furry friend healthy and happy. And as always, be sure to consult your vet or local breeder about how much daily activity is appropriate for your canine pal. -
Commercial Observer-Grading Buildings on Energy Consumption
A new law will require residential and commercial buildings to prove their energy efficiency -
Have You Asked Yourself, "Do I Need Flood Insurance in a High-Rise?"
High-rise buildings in New York City aren’t immune to flooding. Learn the basics of flood insurance and why your NYC high-rise needs it today! -
Scary Fun: Halloween Safety Tips for Your Family and Community
Halloween is right around the corner and before it arrives there are many precautions we must take to ensure our kids and community are safe. As we prepare to celebrate let’s go over a checklist of safety measures we can take to make sure the little ghosts and goblins throughout our community are safe. -
What Should you Expect from a Residential Property Manager
Not all residential property managers have what they need to give you great service. Learn what it takes to be a great residential property manager. -
Ask the Expert: Common Homeowner Association Insurance Questions
Continue our quick, 4-part webinar miniseries, Ask the Expert, where Jamie George, Vice President of insurance, FirstService Financial, will cover your common insurance questions and discuss anticipated increases in rates for 2021. -
Ask the Expert: Homeowners and Condo Owners Association Reserve Study
View our third episode of Ask the Expert, featuring Andrew Stoutenburg, Regional Executive Director of Reserve Advisors, as he talks about the importance of reserve studies in financial planning. -
Avoid 5 Common Texas Association Budget Mistakes
We know budget season is stressful and we want to help! Avoid common mistakes & d ownload our budget survey results to discover key areas to consider when planning next year's budget. -
Is Your Community Prepared for Water Leaks? Reducing the High Cost of Condo Water Damage
A leak in a high-rise condominium can quickly result in expensive water damage. How can you reduce your risk and be better prepared if your building springs a leak? -
Capital Reserve Fund vs. Capital Improvements for Texas HOAs
Capital reserve fund vs. improvements: Budget for both and know when and how to allocate them in your Texas HOA for a continuously improved community. -
Special Assessments: Fund Your Capital Improvement Assessment: Part III
Learn about special assessments as a way to fund unexpected capital improvements -
Prioritizing and Managing Your Community's Property Maintenance and Improvement Needs
Handling day-to-day maintenance and making necessary improvements are critical responsibilities for any homeowners association (HOA). And when your serve on your association’s board of directors, they can quickly become overwhelming if you don’t have a good system in place to manage them. So how do you make sure that your maintenance staff is able to handle that long list of tasks that need to get done so that your community runs smoothly and retains its appeal? -
5 Steps to the Best Reserve Study Firm
Your reserve study is important to your financial health, but how do you get one? How do you choose the right reserve study firm to conduct it? Learn more. -
3 Facts About Insurance Your Condo Corporation Should Know
You and your fellow board members want what’s best for your condo corporation. You’re serious about your fiduciary duty and about protecting the corporation’s interests. Misunderstanding some important facts about insurance can actually put your community may be at risk. -
Slow and Steady: 5 Surprising Benefits of Raising Your Dues
It’s that time of year again – budget season is upon us. You know the things to consider when creating your budget, but what drives your process? Are you focused on achieving a particular vision for your community? Avoiding conflict in the community? Solely looking to avoid increasing dues/contributions?