Why Borrowing is a Good Idea
When a community association has a big project on the horizon, it’s vital to review how it will be financed. Typically, this discussion takes place with the board members and community manager(s).Read More…
How Much do HOA Management Companies Charge?
How Much Does an HOA Management Company Cost It’s important to remember that homeowner assessment fees (aka HOA dues) cover various costs, like insurance, municipal services, common area insurance, maintenance of commonRead More…
Does an HOA Need a Management Company?
What Are the Risks of Self-Managed HOAs? The ideal scenario is that every single Community Association (HOA) has a management company, but that isn’t always the case. While it’s possible for BoardRead More…
Strategize with Us
As a management company, when we work with your Board of Directors to review and update your community’s strategic plan, we always want your input! In this article, you’ll learn about whatRead More…
How to Read Your Association’s Financial Report
Financial reports are available to association members. A financial report includes information that association Board members use to plan the community’s annual budget and direct its financial operations. Examining the association’s financialRead More…
Understanding Special Assessments
There’s no way to sugar-coat it: everyone hates special assessments. Getting a notice that you owe more money to the association can not only put a damper on your day but alsoRead More…
What are Reserves and Why Do We Need Reserves?
Equipment and major components (like the roofs) must be replaced from time to time, regardless of whether we plan for the expense. It’s preferred to plan and set the funds aside nowRead More…