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How to Create a New Revenue Stream from Your Amenities
How to Create a New Revenue Stream from Your Amenities
Feb 01, 2017Savvy boards are always keeping an eye out for ways to maximize revenue. If you’re interested in ramping up your revenue streams, take a look around and imagine the possibilities. Read tips on how you can generate cash flow from your existing amenities. -
The Importance of Having a Partner to Manage and Activate Community Amenities
The Importance of Having a Partner to Manage and Activate Community Amenities
Jan 23, 2017Having a swimming pool, a fitness area, or a clubhouse for residents are perks that can make any community stand out. A good management company has people with many years of experience operating and maintaining these types of features, and they can offer many helpful ways for you to get the most for your community. Here are some ways your community can benefit from the experience of a community association management company, and make your job as a board member a little easier. -
FirstService Residential is Growing and Hiring; Positions Include Property Managers, #2 Happiest Job
FirstService Residential is Growing and Hiring; Positions Include Property Managers, #2 Happiest Job
Apr 19, 2013Are you happy at your current job?
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Four Communication Essentials of Good Community Management Companies
Jan 01, 0001The foundation of any good relationship is communication. And that also holds true for HOAs and community management companies, regardless of whether we’re talking about a townhome community, high-rise or a master-planned community. -
How Your High-Rise Can Respond and Prepare for Blackouts
Jan 01, 0001Losing power is never fun. But it’s bound to happen at some point, so preparation is the best defense. Obviously, different types of communities are affected by blackouts in different critical ways: high-rises lose their elevators and water; resort-style gated communities lose the ability to operate their gates. For residents, a blackout may be a short-term nuisance. For a community association, it can be a major headache in terms of risk management, safety and potential equipment damage that can provide an unwelcome shock to your budget. -
If Disaster Strikes, Is Your Community Association Covered?
Jan 01, 0001Mother Nature has quite the surprises to throw at us! Sometimes, there’s some notice and time to prepare. But often, there’s no warning at all. That’s why it is critical to the financial health of your community association that you have the correct insurance coverage in place. What can happen if your high-rise building or community association common areas aren’t properly covered? Unfortunately, nothing good. That's why it is important to make sure your Association is covered with insurance. -
Choosing the Right Banking Program for your Community Association
Jan 01, 0001As a community association board member, one of your chief responsibilities is to protect the financial interests of your association and your fellow residents. That includes making sure that the association’s reserve and operating funds are carefully managed, protected and invested. Smart decision-making and sound financial stewardship are critical to the association’s long-term financial stability and health. Unfortunately, even the best-intentioned board members may not have the experience or financial knowledge to choose the right banking programs and products to meet their community association’s needs. What should you look for when choosing the best banking program for your association? Read on…