Blog
Blog posts and webinars helping you navigate HOA financial management
You can find an extensive library of HOA resources here at the Community Financials Blog. Updated regularly with articles of interest to anyone on the Board of an HOA or Condo Association (or thinking of joining one!), it is guaranteed to have insight on any related subject that you are seeking out.
- HOA financial management, bookkeeping, auditing, and collection practices— our curated Blog section features posts and webinars that aim to answer your most burning questions.
- We also explore common topics such as, but not limited to, HOA tax returns, Board elections, and more!
- Bookmark it today for your one-stop resources source.
How Much Money Is Recommended to Keep in a HOA or Condo Operating Bank Account
We frequently are asked about how much money is recommended to keep in a HOA or Condo operating bank account. The answer varies as each HOA is unique (different sizes, different structures and amenities) and so has different financial needs. However, there are some...
Online Learning Academy for HOA and Condo Board Members
Most duties and challenges that Board Members face in running their Homeowners Association are similar in nature. Whether you are running a small condominium or a larger property owners association (POA) many of the work themes are the same. Since one of our...
How to Reduce the Volume of Communication Boards Deal with at Your HOA and Condo Community
According to a survey done for over 7,000 communities, the volume of communication with property managers has increased by 40% in the past 24 months. If you extrapolate this the Boards are also experiencing an increased volume of communication. As a volunteer, you...
The High Cost of Terrible Service at your HOA or Condo
Have you ever been disappointed with the quality or service of something you have paid for? You aren’t likely to spend your money on that item again. Whether it was poor quality or poor service that caused your disappointment really doesn’t matter. The same is true...
Year-End Accounting Preparation and Key Dates for your HOA & Condo
Year-end is fast approaching and you want to make sure your HOA or Condo is on track with its accounting needs. Jot down these year-end accounting preparation tips and key dates for your HOA & Condo so you have the best experience.
8 Steps to Make it Easier to Attract People to the Board of your HOA or Condo
Is your HOA or Condo having a hard time finding replacement board members? No one wants to volunteer? Read this to see how to make it easier to attract homeowners to volunteer and find your next replacement.
Best Software for Managing your Self-Managed HOA or Condo
Self-Managing your HOA or Condo can be simpler with the right software. Look at this easy-to-use software that comes with our amazing remote service.
Budgeting Basics and Board Leader Guides for HOAs and Condos from CAI
This is the time of year when many Boards are working on their 2023 budget. The new year will likely see many communities raising their fees to keep pace with rising costs due to inflation. As a result, we'll also likely see communities looking at ways to save money...
10 Steps to Self-Manage Your Community and Available Support
Are you currently working with a management company but don’t want the poor service or cost? Are you currently self-managing your community but looking for an easier solution? There is a solution and it is self-managing with support from industry experts – where the...
Accounting Checklists Ensure HOA and Condo Financial Processes Are Done Correctly
How do you ensure best practice bookkeeping is done correctly on a consistent basis at your Homeowners Association (HOA ) or Condo community? You standardize your process, document it, add checklists and then inspect that your accounting team is following the system....