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...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.