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5 surprising reasons for increasing HOA assessment fees
The concept of raising HOA assessment fees can be a sensitive issue. Read our article to learn how to do so without stepping on people's toes. -
Five Ways to Enhance Your Community Association’s Brand
Have you ever thought about your community association’s brand and the effect it has on your investment? It’s important and can have a significant impact on attracting new owners and property values. Here are some best practices to help your community stand out. -
Four Financial Questions to Ask Your Community Management Company
Financial stewardship ranks near the top of the list of responsibilities for HOA board members. This requires proper allocation of association funds to ensure they are protected and FDIC insured, while earning the best possible rates. Adequate insurance coverage also factors into the equation. It’s a challenging balancing act, but asking the right questions can help. -
From HOA Board Volunteer to Community Leader in Five Steps
What tactics do you need to take to go from volunteer to community leader? Take these five steps, which can make a big impact on how you fulfill your duties and affect how residents and other board members perceive you. -
HOA Annual Meetings and Special Meetings FAQs
Meetings serve an important oversight function in developing and maintaining well-run homeowners associations. Confusion can occur in why meetings are called, the types of meetings and the requirements. Read our annual and special meetings FAQs for more details. -
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. -
How to Future-Proof Your Association’s Finances
Whether your HOA is an amenity-driven active adult community or an emerging single-family home community, future financial stability is always a top-of-mind concern. And while it may seem like your everyday operating budget is the ultimate priority, a well-funded reserve is the key to helping your community thrive well into the future. -
Investing HOA Reserve Funds: 6 Tips to Improve Your Returns
Are you getting the best returns on your reserve funds? Most California board members are not sure. Here are six ways to improve your reserve fund returns and create an HOA investment policy. -
How Well Does Your Community Management Company Communicate?
How well does your community management company communicate? The answer to this question is at the heart of client satisfaction. A good community management company will engage you using a variety of tools and communication channels. Here are some ways your property management company should be connecting with you. -
How Do You Manage HOA Reserves During a Crisis?
It's vital to prepare for the future and take steps to protect your association reserve funds. Here are 3 ways to manage reserves during a crisis. -
Post-Crisis HOA Cash Management: 3 Tips for Your Association
How do manage collections and HOA funds after a crisis? Get 3 tips to help you plan for the future -
Preventing Cyber Attacks, Part 1: How Residents Can Protect Your HOA
Ignorance is not bliss, especially when it means potentially leaving your homeowners association (HOA) at risk of a cyber attack. And that’s exactly what you’re doing if you don’t recognize that your HOA is as much of a target as any other small business. -
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. -
Selecting Your Reserve Study Firm: Seven Essential Steps
Your reserve study gives you the power to maintain the quality of your community by allowing for projects that are both necessary and potentially expensive. Establishing this fund can get a little complex. But you don’t have to be a fortune teller to read the future of your association. You simply need a good reserve study firm to help. Here’s how you can find one. -
HOA Budget: Seven Best Practices for HOA Budgeting
Creating your HOA budget involves many considerations. It’s not simply a month-to-month accounting for expenses. Ideally, it’s a both a short-term and long-term blueprint for sustained financial health. Offset rising costs and high interest rates with these 7 HOA budgeting tips. -
Six Simple HOA Board Meeting Rules for Success
A great board meeting should have a balance of diverse opinions and discussions that are rooted in your community’s overall vision. Start with these 6 simple HOA board meeting rules. -
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. -
Tips for Keeping Homeowners Engaged in Your Community Association
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. However, volunteers are often a scarce resource. Here are some tips to combat apathy. -
How to run an HOA: 10 habits to improve your community association
While the start of the new year is typically heralded as the best time to change old habits and commit to new ones, the reality for community associations and their board members is that there’s no time like the present. These 10 changes will help you get your board and your community association on the right track for the rest of the year. -
HOA financial management: Tips for greater financial strength
So what’s the most important aspect of your community? Is it aesthetics? Sense of belonging? Neighbors knowing neighbors? Desirability to home buyers? -
Creating and enforcing HOA rules: A step-by-step guide
They say that good fences make good neighbors. Rules can work the same way – putting the right parameters in place can help keep everyone happy. Too few rules result in anarchy, and too many rules start to feel onerous to residents. -
What to look for in a property management company
Let’s face it: being a board member of your homeowner association isn’t easy. Neither is self-managing your property. For many boards, hiring a professional property management company is the best decision they’ll make for their community.