Property management trends: What to prepare for in 2025
Ready to build on the successes you’ve achieved in 2024? Most property management companies and professionals take a bit of time at the end of each year to prepare for new business strategies, goals and trends. It’s understood that a lot will remain unchanged in 2025. While financial challenges persist, property management companies will […]
Property management company vs self-managed HOA
Managing a community is hard work. It takes countless hours, dozens of volunteers, and thousands of cups of coffee (or tea). HOAs often hire management companies to help them with daily operations. Professional management companies have the skills and experience required to improve operational efficiencies and reduce costs. They also give board members more time to focus on […]
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 […]
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 […]
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 […]
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 […]
10 things every condo and HOA manager should know
A few months back, we published an article highlighting 10 things board members should keep in mind while serving their community. This time around, we’re putting the spotlight on community managers. Condo and HOA managers are often overworked and underappreciated, but they continue to work hard because they see the difference they are making. Below […]
Surfside tragedy underscores the need for preventive condo maintenance
Champlain Towers South, a 12-floor condominium in Surfside, Florida, partially collapsed while hundreds of owners were sleeping in June of 2021. The collapse was sudden, and resulted in mass casualties. Three years have now passed since this disastrous event occurred, but the aftermath continues to impact the family and friends who lost loved ones in […]
Top 7 parcel lockers for condominiums in North America
Parcel lockers are the preferred storage solution for condominiums. They are easy to use, they drastically reduce the workload for concierge or front desk staff, and they are effective at preventing items from getting lost or stolen. This smart hardware has almost become a necessity for multifamily communities due to the sustained popularity of online […]
Top Training Strategies for HOA Board Members
There are over 2,500,000 community association elected members of boards of directors and appointed committee members in the US., according to the Foundation for Community Association Research. With millions of everyday homeowners making important decisions about community finances and operations, it stands to reason that HOA members should be both knowledgeable and capable in their […]
10 things every condo and HOA board member should keep in mind while serving their community
Even if your community doesn’t appreciate all that you do, we understand how much work goes into serving on a condo or HOA board. But with an endless to-do list, it’s easy to lose sight of what motivated you to serve on the board in the first place. Table of contents We invite […]
Common apartment rules
Some apartment rules come from the state or county, while others are created by the landlord or building management company.
Six Must Have Solutions for Large HOA Communities
Communities of all sizes have challenges, and large HOA communities have challenges multiplied due to their large volume of members and size of communities. Table of contents Large HOA community challenges and solutions Poor Communication Property Management Managing Rule Breakers Managing Monies Booking Amenities Security and Safety Choosing the right solutions for large HOA communities […]
Smart Membership Software and Other Tools Large Associations Use
Large associations manage thousands of homeowner-related activities and massive properties with multiple neighborhoods. In fact, large-scale community associations, like master planned communities with sub-associations typically have a minimum of 1000 homes or a minimum of 1000 acres with an annual budget of 2 million dollars or more according to the Community Associations Institute. Table of […]
The importance of complete status certificates for condominiums
A status certificate helps a potential buyer identify any required expenses that could cost them additional money.
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