A lot of people think of an HOA as nothing more than a body that simply sets community rules and collects monthly dues from residents. However, having an HOA is beneficial to any community. Below are five reasons why living in an HOA community is beneficial. 1) Well-Maintained Common Areas ...
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Being an HOA member can be a more time-consuming task than you may expect. With meetings, deadlines, elections, budgeting planning, and everything else that goes into being a part of the HOA, you can find yourself overwhelmed trying to balance the deadlines and dates of an HOA on top of ...
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With local regulations on social distancing, meetings, and group gatherings, a lot of Homeowner's Associations are going to virtual HOA meetings. This may seem like a seamless transition; however, there are many things to consider when switching your HOA meetings from in-person to virtual. Choosing a Platform
The first thing ...
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Compliments to you for your new role as an HOA board member! Give yourself a pat on the back for your new position. Being an HOA board member comes with a lot of different responsibilities and requires you to wear a lot of different hats. To help you get started on ...
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The end of the year is approaching fast, which means it is time to start your 2021 HOA budget. You should start your HOA budget process now to give your HOA enough time to create an effective budget for next years. There are some essential items, documents, and steps to ...
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Have you recently reviewed your vendor contracts? Revisiting vendor contracts can be very important, especially in ever changing times. There are key items you want to look for such as liabilities, how to reduce the risk of litigations, and most importantly, making sure the needs of your community are being ...
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We have passed the halfway point of the year, and your midyear budget review is complete. While reviewing your budget you may have noticed some expenses paid to vendors, or realized you need to hire vendors for community projects like maintenance, road and sidewalk repairs, landscaping, and more. Now is ...
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What is a reserve study?
A reserve study outlines a stable, equitable, and proactive Annual Funding Plan to offset your community’s long- term and often costly expenditures. A study made of all the major capital systems in the association, it evaluates how much life they have left and how much ...
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One of the best ways to enhance your community and make it the best that it can be is to volunteer as a member of the HOA board. Becoming a board member can take up a lot of valuable time, but it is worth the investment.  Finding people willing to ...
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• Prepare a Business Plan
  • What do the board and residents want to accomplish, as a whole? Adding Amenities (e.g. playground or security gate) can be costly, or a luxury. Residents may instead want a budget that enhances the current property at this time
• Develop processes & ...
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