HOA & Condo Finances: Why Lines of Credit Can Be a Trap (and Smarter Alternatives)
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HOA & Condo Finances: Why Lines of Credit Can Be a Trap (and Smarter Alternatives)

As Board Members of Homeowner Associations (HOAs) and Condominiums, you’re constantly navigating financial complexities. A frequent question is whether a revolving line of credit (LOC) is a sound strategy. While seemingly flexible, LOCs can pose risks to your association’s long-term financial health. Let’s explore why and discuss more prudent alternatives. The appeal of a LOC…

2024 HOA & Condo Board Resolutions and Goals

2024 HOA & Condo Board Resolutions and Goals

The start of a new year is a time for reflection on what went well and what didn’t go so well in the prior year.  Whether you call them resolutions or goals what can you do to take steps to improve your community or your time spent on the Board?  Let’s take a look at…

How To Read HOA Financial Statements

How to Read HOA Financial Statements

Are you a new member on your HOA Board, working on figuring out the in’s and out’s of your Board duties? Or are you a seasoned HOA leadership veteran who would like to learn more about a new reporting system your HOA has implemented? Most importantly, are you looking to become a pro at reading…