Managing a homeowners association requires access to reliable HOA board resources that support effective governance and decision-making. Community Financials aims to provide board members with the tools, knowledge, and best practices needed to lead their communities successfully. From comprehensive training guides and governance tips to advice on managing board meetings and understanding legal obligations, you’ll find everything you need to navigate your role with confidence.
Explore articles that cover essential topics like conflict resolution, policy development, and board member responsibilities. Whether you are new to the board or a seasoned leader, these resources are designed to enhance your skills and support your efforts in building a well-managed and cohesive community. Whether you’re looking for ways to improve board efficiency or ensure compliance with financial HOA regulations, Community Financials here to support you every step of the way.
Historic Increases in Email Volumes Eating Up Your Time? 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 data is showing that the HOA Boards are also experiencing an increased volume of communication. As a…
Poor Service is a Common HOA Issue 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 for your…
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.
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 community doesn’t have to do it all themselves. If you are…
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. The Value of Checklists in All Vocations Earlier in my career, I was…
What Board Member doesn’t want an easy way to do targeted communication with the homeowners in the community? That’s what we thought. So, we replaced one of the newsletters in our bundled services with an immediate communication tool. We added the ability for Boards to email, text or send voice messages to owners. This feature…
One of the core issues of the HOA & Condo management industry is poor communication rooted in a lack of responsive service. Years ago, as a Management Company Owner & Executive, I met hundreds of Board Members that complained that along with terrible financial information the main reason they were changing managers was awful communication. …
Does your self-managed condominium or HOA have anything to worry about when banks and other major financial institutions predict a coming recession? There sure is! Take steps now to prepare for the damaging financial effects of a recession. Forbes.com, Fortune.com, and even CNN have all run stories recently predicting a long-lasting recession that will have…
Over the last few years we have been busy writing blog posts, articles and other information to make operating or self-managing your Homeowners Association or Condominium Community easier. Our Goal is to make the Community Financials website a Board resource. In addition to the Resources page of our website we also have other places to…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
Need to change an existing consultation? Email [email protected]
