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Row of pink piggy banks
3 Ways of Investing HOA Funds for Capital Improvement Projects
May 15, 2018Sooner or later, every homeowners association (HOA) or condominium association has to invest in capital improvements. Whether that means installing a new heating and cooling system in your high-rise building, replacing the roof on your clubhouse or upgrading the equipment in your fitness center, you can’t overlook these long-term, big-ticket items. But what’s the best way for your association to pay for them?
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Tools in blue and red
Managing Your HOA’s Maintenance and Improvement Projects
Apr 27, 2018Keeping your property maintained and making needed improvements are important aspects of your homeowners association’s financial health. To manage these crucial responsibilities effectively, you need to stay on top of day-to-day projects, as well as create and adhere to a long-range plan. What does it take to make those goals a reality?
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Older adults smiling, sitting and watching an out-of-frame speaker
Tips For Generating Community Engagement In Your Condominium
Mar 15, 2018What makes a community a great place to live? A lot goes into it, but it’s no secret that often depends on community engagement. -
Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof
Preventative Roof Maintenance is Crucial to the Sustainability and Longevity of Your Roof
Nov 16, 2017We can all agree there are many important elements to a housing structure, but your roof is probably the most important. Changing temperatures, snow accumulation, large amounts of rain, ice dams and high winds can all cause major damage to condominiums, townhomes and single-family homes.
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Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
Preventative & Predictive Maintenance are Critical to Your Replacement Reserves
Sep 14, 2017Reserve studies are based on the assumption that components will reach their maximum useful life. However, if a preventative maintenance plan doesn’t accompany your reserve study, it’s highly unlikely some components will ever reach their maximum useful life. -
Association Budgets: Mapping Out Your Strategic Plan
Association Budgets: Mapping Out Your Strategic Plan
Jul 25, 2017Dive into what it takes to have a strategic plan for the budgeting process. -
Association Budgets: Things to Consider When Creating Your Budget
Association Budgets: Things to Consider When Creating Your Budget
Jul 24, 2017The annual budgeting process offers an opportunity for your board to explore your association’s current financial condition and to ensure your community’s financial stability for the future. Successful association management hinges on a well thought out budget for both short-term and long-term planning.
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Association Budgets: Creating a Road Map to Success
Association Budgets: Creating a Road Map to Success
Jul 20, 2017It’s budget season! Are you stressed? Concerned about a potential dues increase or a large capital project that’s looming in the future? The word “budget” can be scary, so thinking about creating next year’s budget is daunting for many homeowners boards. We’d like to change that. In fact, we don’t want you to view next year’s budget as a task at all. -
Community association board members meeting around a table, with a woman standing and leading
10 Meeting Myths in Community Associations
Jul 17, 2017There are several reasons why you might be having trouble. Let's dispel some common meeting myths and explore what it takes to run a good one. -
How to Keep Snow Removal from Plowing Through Your HOA Budget
How to Keep Snow Removal from Plowing Through Your HOA Budget
Dec 14, 2016It’s that time of year again—snow removal time, that is. Unexpected winter weather can wreak havoc on your budget if you don’t plan carefully. Keep snow removal from burying your homeowners association budget by reading these five recommendations.