10 HOA property management responsibilities

HOA property managers are talented professionals who possess a variety of skills. From responding to owner emails, to assessing expenses, they do a lot for their clients.   While carrying out their duties, property managers act as agents of the HOA board. They take on day-to-day activities so that the board has more time to […]

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How are HOA management fees calculated?

HOA management companies are hired by busy HOA boards who need help maintaining property values and daily operations. These professional companies can be very valuable to HOA communities because they help improve efficiencies, increase owner satisfaction, and reduce costs. However, when it comes to payments, there are no standard management fees, and prices can vary […]

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Reducing administrative costs in high-rise condominiums

Would it surprise you to learn that some condominiums are using as much as 35% of their total annual budget on administrative costs? While every condo community is unique, it doesn’t hurt to benchmark your expenses against similar buildings to see where your building’s budgeting strengths and weaknesses lie. Everything is more expensive today than […]

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Technology innovations in high-rise condominiums

Condominium communities across North America are experiencing a myriad of financial challenges. The cost of everything, including insurance, water, electricity, and labor, is up by a lot. Furthermore, new legislation regarding reserve funding and energy use is adding additional pressure on U.S. condominiums.    In order to keep up, boards and managers are exploring several […]

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HOA board responsibilities

Until you serve as a board member, it’s hard to comprehend just how much these volunteers are expected to do. While we will stick to the “basics” or core responsibilities, we also appreciate that there are dozens of little things board members do that go unnoticed. So thank you all for putting so much work […]

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When to get a bookkeeper for your HOA

Most of us can successfully keep track of our personal finances, but it’s not something we get excited about. Now imagine trying to document income and expenses for a multi-million-dollar association. If you have served or currently act as an HOA board member, you have a first-hand account of what it’s like to maintain financial […]

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A Guide to Better Decision-Making Processes for HOA Board Members

Should we go with this, or should we go with that? The decision-making process for HOA Board Members is serious business. After all, running an HOA is a business which can experience financial gains and losses, like any other business. Decisions made by an HOA Board greatly impact community members lifestyles as well, especially in […]

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Choosing the best local management company for your HOA

If you’re reading this article, then you already recognize the value of a good HOA management company. Professional management companies have a superb understanding of how to augment the value of homeowners associations by increasing efficiencies and reducing costs. They also give board members more time to complete important work.     Download our free request […]

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HOA meeting requirements

Every homeowners association must hold at least a few meetings throughout the year. It’s true that these meetings are not something most members look forward to. However, when organized well, meetings can be productive, educational, and even rewarding. If you’re not very familiar with the structure and purpose of HOA meetings, this article can help you gain […]

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Should a condo/HOA try to collect fees after an owner has died?

It can be an uncomfortable subject, but death is one of the few certainties in life. However, the irony is that this somber event can occur suddenly and unexpectedly.  When a loved one passes, family members are sometimes left scrambling to tie up loose ends on behalf of the newly deceased individual. That may even […]

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12 must-have HOA services

Three elements will guarantee a homeowners association’s success: stable finances, effective communication, and happy owners. Having a productive HOA with just one or two of these things is still possible, but there will be significantly more problems to solve if you can’t check off all three boxes. To help you set your community up for […]

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Florida HOAs can no longer enforce these rules: HB 1203

Florida HOAs have mixed emotions about House Bill 1203. Several new laws came into effect on July 1, 2024, and as a result, some HOA members living in the Sunshine State feel a little more relaxed. The objective of HB 1203 is to promote transparency and consistency across Florida homeowners associations. Some communities have very […]

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Condo balconies: obligations and upkeep

Condo balconies are small but valuable pieces of real estate. Owners and tenants have been known to transform these little spaces into alfresco dining areas, tropical oases, or storage areas if the condo unit doesn’t have adequate closet space. Download our free balcony inspection notice template But balconies can also cause additional issues for condo […]

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