Effective Budgeting

8 secrets for success

FirstService Residential’s new guide unlocks the mysteries behind successfully managing your association’s budget process by detailing the components, important considerations and steps to follow.

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FirstService Residential is North America’s property management leader, partnering with more than 8,500 communities across the U.S. and Canada. HOAs, community associations, condos and strata corporations rely on our extensive experience, resources and local expertise to maximize their property values and enhance their residents’ lifestyles. Dedicated to making a difference, every day, we go above and beyond to deliver exceptional service.

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Board Member Education

Search our archive to read articles about the topics that matter most to you: budgeting, communication, insurance, preventive maintenance, building community and more!

June 04, 2021

The best HOA insurance policy is avoiding special assessments. Learn strategies to ensure your community’s finances are optimized.

The Best HOA Insurance Policy: Avoiding Special Assessments

May 25, 2021

How often do you conduct an HOA board self-assessment? Use our guide to assess your community management.

How to Conduct an Effective HOA Board Self-Assessment

May 03, 2021

As a board member, HOA reserve funds are critical to your community’s success. Learn strategies to ensure your budget’s success.

Strategies for Successful HOA Reserve Funds

November 05, 2020

As an HOA board member, community management communications are critical to your property’s success. Learn 9 ways to improve community communications.

9 Ways to Improve Your Community Management Communications

November 05, 2020

How do property management companies communicate with residents? Here are 4 ways to create effective community communication.

4 Ways to Develop Effective Community Communication

November 05, 2020

When your community considers a new manager, having the right property management company can help you learn how to transition from one property manager to another.

How to Transition from One Property Manager to Another

August 20, 2020

The COVID-19 pandemic is creating financial impacts that we won’t fully understand for a long time. Learn how to maintain your budget in the "Era of Social Distancing."

Maintaining Your Budget in the Era of Social Distancing

March 17, 2020

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.

4 Ways to Keep Your Community or High-Rise Safe and Clean

February 25, 2020

There are numerous reasons why working with a management company can help your community achieve its vision and goals. Read on to learn 6 of the major benefits you can experience when you transition from managing your own staff to having a staff ran by a management company.

6 Major Benefits of Converting Your Staff to a Management Company

December 04, 2019

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.