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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Setting an annual budget is a crucial part of the Homeowners Association.  The members on the board are in charge reviewing costs, gathering data and projecting expenses for the coming year. Communities, businesses, individuals, families, and organizations of all kinds must have a budget in place in order to navigate ...
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As 2020 approaches, it’s tradition for many to begin thinking about New Year’s resolutions. Beyond one’s personal resolutions, this is a perfect time to commit to making changes and improving the operations of HOA Boards. Here are some tips that can help HOA Boards build stronger communities: 1 . Re-read ...
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When preparing HOA board meetings, it can be hard enough getting everyone together at routine times. One of the best ways to ensure success is by focusing on organization and preparation beforehand.  Here are some of the top three tips for planning for an efficient open meeting in your Homeowners’ ...
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End of Year Special: Get One Month Free When You Book a New 2020 Annual HOA Management Contract
by December 31, 2019! Now is the time to review your HOA management strategies for 2020. Are your expectations being exceeded, and your properties being managed in a knowledgeable and responsive way? ...
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