We hear from hundreds of board members and they have a universal pain point: poor service from HOA and Condo Management Companies. This is especially true for smaller communities or communities with under 100 homes. I was President and Co-Owner of a management company for many years and I wanted to share some thoughts on…
We wanted to let you know about an exciting new resource for HOA and condo boards to learn more about how to better operate their community. We are recording our discussions with industry leaders in a new video series: “Ask an Expert”. In this video you can watch our Ask an Expert video about HOA…
Some prospective clients ask us how we work with board members from a distance? Community Financials communicates with and educates the HOAs and Condos we work for using a variety of methods. I wanted to take an opportunity to share a recent example. We work with a community of several hundred homes in the mid-Atlantic. …
Want to find out if your association needs to file a tax return and what the pitfalls are if you don’t get it right? We discuss the consequences of not filing a tax return, what form to use, what causes a HOA or Condo to have to pay tax and how reserve contributions are handled…
A new addition to our Association Greed series we have a current news story to learn from. Its about a New Jersey & Pennsylvania community association manager accused of stealing one million dollars. This case of homeowner association / condominium embezzlement was alleged have been committed by a property management company principal. William C. Huyler,…
I just added a short video to introduce myself to new visitors to the Community Financials website. Whether you are a self-managed HOA or Condominium community or contemplating the switch from Full-Management to Self-Management you’ll get to know us a little better. Additionally, I talk about how to navigate the website and some of the…
I served five years as an Army Lieutenant and then Captain from 1995-2000. It was an awesome education – I refer to this experience as my real world MBA. I learned a lot (from some of the best senior officers and sergeants) that makes me a better person and leader today but wanted to share…
Want to find out if your vendor insurance covers your Condo or HOA? We discuss cover vendor insurance coverage, insurance certificates, risks of uninsured or under insured vendors having an accident on your property and solutions in this eye opening video. Learn the answers from Insurance Expert David Jeranko from Association Services Network. This video…
When times are good it is easier to increase your dues than when times are tough. Asking people to pay more for dues or common charges when their work hours get cut back or a spouse loses their job is much harder. But what is an association to do in order to keep a balanced…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
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