Long Form Articles

All too often, we hear homeowners express dissatisfaction with how their HOA or Condo is being managed.  Whether they are 100% self-managed, or working with a full-service “comprehensive” management company, there are lots of complaints. This article examines both of these options and discusses a third option that is growing in popularity: obtaining coordinated, sophisticated service…

For many large-scale HOAs and condo associations, managing finances can be a major challenge. With hundreds or even thousands of units to oversee, it can be difficult to keep track of all the financial details, from collecting dues to paying vendors to managing the budget. This is where splitting your accounting from on-site management can be a…

The Trouble with HOA Self-Management Self-managing a homeowner’s association or condo association can feel like an endless, thankless, time- and energy-consuming chore if you do not have the right tools and resources at your disposal. A small error or miscalculation can snowball into an enormous problem for the team, leaving the homeowners dissatisfied and opening up room…

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…

Great guide to understanding the pertinent state regulations in California.

Florida has the most HOA and Condo Communities in the country. They have many laws that make sense to help protect owners.

Use this as a resource to start a conversation with your Board.

Why is Financial Reporting Important? Of all the hurdles that an HOA Board member faces on a regular basis, the financial aspect is the most daunting. There are so many sources of information and papers that make for hours of calculator and spreadsheet busy work to simply understand the financial status of your HOA or Condo Association. You may…

Are you an HOA Board member looking to streamline your homeowners association bookkeeping process? Tasked with condominium financial management and looking for a solution to keeping track of all the accounts?  It can be stressful and confusing if you don’t have the right resources – luckily, Community Financials is on your side. Keep reading to find out everything you…

Understand the risks and some ways you can avoid them.

I hear it all the time, the board gets a stack of condo or HOA financial reports but doesn’t look at them. The reason why? I suspect information overload and not knowing what to look for in each report. It can be overwhelming for a community board member that isn’t used to looking at financial…

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