In our series of blog posts titled: “Association Greed – Board Members, Managers & Missing Money,” we highlight wrongdoing by community association managers and board members. In this installment: Community Embezzlement Case Studies – Virginia we go over the facts of the crime and how you can prevent it at your community. The following cases…
In our series of blog posts titled: “Association Greed – Board Members, Managers & Missing Money” we highlight wrongdoing by community association managers and board members. In this first installment: Community Embezzlement Case Studies – Connecticut – we go over the facts of the crime and how you can prevent it at your community. The…
Do you currently self-manage your condo community or homeowners’ association? Do you wish there was support to make the job easier? Maybe one of your board members is stepping down or moving out of the community; maybe you are small and don’t have many people to help out; maybe you don’t have many unit owners…
Is your community a new development? Is the developer managing the association or still on the board? Are you hearing that vendors aren’t getting paid in a timely way? Is the property starting to show signs of deferred maintenance? These are clues that you should ask: is your community developer paying common charges? I have…
An article titled “Real Threats” in the July/August Community Manager Magazine [Best Practices for Community Association Managers] highlighted the 2018 Survey of Cyber-security in Community Associations by the Foundation for Community Association Research. To help your board we’ve summarized the main points from the 7 page report and the article in the following recommendations to prevent cyber…
Ever feel like your association budget would be just fine if it didn’t have to deal with unit owners that didn’t pay on time? When some people don’t pay it can cause a lot of stress on your community’s budget. To help we’ve put together a list of collection best practices for condo communities &…
You have a problem: you love your specific condo or HOA manager when it comes to their personality, knowledge of maintaining the property and getting thru the to-do lists BUT they do a poor job with the accounting tasks. Financial reports are late and have mistakes, vendor checks take a long time to get paid…
Maybe you don’t have access to professional community association management services where you live. There may not be enough business in your town to support a community association management company. Plus it’s not practical for a larger management company to be in every town in the country. Similarly, you may not have access to a…
Whether you are self-managed or considering self-management for your condo community or homeowners’ association you don’t have to go it alone. The Board has several options. Besides finding a solid volunteer Treasurer you can use a full service management company, a CPA, a bookkeeper or a specialty company to help. Continue reading to learn more…
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.
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